| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 16 November 2023 to 31 March 2025 |
| for |
| StarCor Ltd |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 16 November 2023 to 31 March 2025 |
| for |
| StarCor Ltd |
| StarCor Ltd (Registered number: 15288536) |
| Contents of the Financial Statements |
| for the Period 16 November 2023 to 31 March 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| StarCor Ltd |
| Company Information |
| for the Period 16 November 2023 to 31 March 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Crane Court |
| 302 London Road |
| Ipswich |
| Suffolk |
| IP2 0AJ |
| StarCor Ltd (Registered number: 15288536) |
| Balance Sheet |
| 31 March 2025 |
| Notes | £ | £ |
| FIXED ASSETS |
| Investment property | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings | 9 |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| StarCor Ltd (Registered number: 15288536) |
| Balance Sheet - continued |
| 31 March 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| StarCor Ltd (Registered number: 15288536) |
| Notes to the Financial Statements |
| for the Period 16 November 2023 to 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| StarCor Ltd is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Going Concern |
| The company's Balance Sheet shows net current liabilities. However, included in current liabilities is £50,000 owed to the directors. No interest is payable on the amount outstanding. Whilst quarterly repayments are being made, the directors have confirmed that full repayment will not be sought unless the company's cashflow permits. |
| Turnover |
| Turnover is measured at the value of rental income receivable for the accounting period. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| StarCor Ltd (Registered number: 15288536) |
| Notes to the Financial Statements - continued |
| for the Period 16 November 2023 to 31 March 2025 |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| Additions |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| The investment property was valued on an open market basis on 31 March 2025 by the directors. |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| £ |
| Other creditors |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal |
| value: | £ |
| Ordinary | £1 | 300 |
| 300 Ordinary shares of £1 each were allotted and fully paid for |
| 9. | RESERVES |
| Retained |
| earnings |
| £ |
| Profit for the period |
| At 31 March 2025 |
| StarCor Ltd (Registered number: 15288536) |
| Notes to the Financial Statements - continued |
| for the Period 16 November 2023 to 31 March 2025 |
| 10. | RELATED PARTY DISCLOSURES |
| During the period the company purchased its investment property for £980,000 from a company in which the directors of StarCor Limited were shareholders. They ceased to be shareholders on 12 February 2024, being after the date of the property purchase. |