Company registration number: 07577620
Unaudited financial statements
for the year ended 31 March 2025
for
Morning Star Consulting Limited
Pages for filing with the Registrar
Company registration number: 07577620
Morning Star Consulting Limited
Balance sheet
as at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 4,290 971
4,290 971
Current assets
Debtors 21,420 18,248
Cash at bank and in hand 32,092 9,577
53,512 27,825
Creditors: amounts falling due within one
year
(39,311) (23,602)
Net current assets 14,201 4,223
Total assets less current liabilities 18,491 5,194
NET ASSETS 18,491 5,194
Capital and reserves
Called up share capital 100 100
Profit and loss account 18,391 5,094
TOTAL EQUITY 18,491 5,194
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 07577620
Morning Star Consulting Limited
Balance sheet - continued
as at 31 March 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 13 August 2025 and signed on its behalf by:
Mr R Cran, Director
13 August 2025
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Morning Star Consulting Limited
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
Morning Star Consulting Limited is a private company registered in England and Wales. Its registered number is 07577620. The company is limited by shares. Its registered office is 1 Long Street, Tetbury, GL8 8AA.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures & fittings - 25% reducing balance
Office equipment - 25% reducing balance
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Critical accounting judgements and estimates
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Morning Star Consulting Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
3 Critical accounting judgements and estimates - continued
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
4 Average number of employees
During the year the average number of employees was 3 (2024 - 3).
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2024 9,424
Additions 4,749
At 31 March 2025 14,173
Depreciation
At 1 April 2024 8,453
Charge for year 1,430
At 31 March 2025 9,883
Net book value
At 31 March 2025 4,290
At 31 March 2024 971
6 Advances, credit and guarantees granted to directors
The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024.
2025 2024
£ £
Mr R G Cran
Balance outstanding at start of year (2,881) (4,774)
Amounts advanced 2,875 1,893
Balance outstanding at end of year (6) (2,881)
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Morning Star Consulting Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
6 Advances, credit and guarantees granted to directors - continued
2025 2024
£ £
Mrs M Cran
Balance outstanding at start of year (2,881) (4,774)
Amounts advanced 2,875 1,893
Balance outstanding at end of year (6) (2,881)
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