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REGISTERED NUMBER: 08740621 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

KSTAR ASSOCIATES LIMITED

KSTAR ASSOCIATES LIMITED (REGISTERED NUMBER: 08740621)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KSTAR ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: N Kabir





SECRETARY: Ms S Ali





REGISTERED OFFICE: 83 Eldon Street
York
YO31 7NH





REGISTERED NUMBER: 08740621 (England and Wales)





ACCOUNTANTS: Fortus Limited
3 Park Square East
Leeds
LS1 2NE

KSTAR ASSOCIATES LIMITED (REGISTERED NUMBER: 08740621)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 554,604 554,604

CURRENT ASSETS
Debtors 5 232,072 152,281
Cash at bank 1,786 34,170
233,858 186,451
CREDITORS
Amounts falling due within one year 6 65,987 138,678
NET CURRENT ASSETS 167,871 47,773
TOTAL ASSETS LESS CURRENT LIABILITIES 722,475 602,377

CREDITORS
Amounts falling due after more than
one year

7

290,000

291,000
NET ASSETS 432,475 311,377

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 432,375 311,277
SHAREHOLDERS' FUNDS 432,475 311,377

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

KSTAR ASSOCIATES LIMITED (REGISTERED NUMBER: 08740621)

BALANCE SHEET - continued
30 JUNE 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 August 2025 and were signed by:





N Kabir - Director


KSTAR ASSOCIATES LIMITED (REGISTERED NUMBER: 08740621)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

KStar Associates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 historical cost convention.

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.
Computer equipment - 33% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Freehold Computer
property equipment Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 554,604 2,586 557,190
DEPRECIATION
At 1 July 2023
and 30 June 2024 - 2,586 2,586
NET BOOK VALUE
At 30 June 2024 554,604 - 554,604
At 30 June 2023 554,604 - 554,604

The freehold property is under the course of construction and as a result no depreciation has been provided.

KSTAR ASSOCIATES LIMITED (REGISTERED NUMBER: 08740621)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 60,066 -
Amounts due from related undertakings 172,006 152,281
232,072 152,281

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,000 -
Corporation tax 37,544 13,004
Social security and other taxes 11,001 15,123
Amounts due to related undertakings - 105,130
Directors' current accounts 4,674 2,332
Other creditors and accruals 11,768 3,089
65,987 138,678

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Loan creditor - 10,000
Directors' loan accounts 290,000 281,000
290,000 291,000

8. RELATED PARTY DISCLOSURES

At 30 June 2024 the company was owed a total of £147,015 (2023: £152,281) from Vanguard Hotels Limited. Mr N Kabir is also a director of this company.

At 30 June 2024 the company was owed a total of £24,990 (2023: £Nil) from KStar Group Limited. Mr N Kabir is shareholder of KStar Group Limited.

At 30 June 2024 the company owed a total of Nil (2023: £105,130) to KStar Group Limited. Mr N Kabir is shareholder of KStar Group Limited.