THE STELLAR COLLECTIVE LIMITED

Company Registration Number:
11103163 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

THE STELLAR COLLECTIVE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Additional notes
Balance sheet notes

THE STELLAR COLLECTIVE LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,313 1,751
Investments: 4 0 50,000
Total fixed assets: 1,313 51,751
Current assets
Debtors: 5 5,788 9,500
Cash at bank and in hand: 2,736 27,670
Total current assets: 8,524 37,170
Creditors: amounts falling due within one year: 6 ( 20,246 ) ( 57,505 )
Net current assets (liabilities): (11,722) (20,335)
Total assets less current liabilities: (10,409) 31,416
Creditors: amounts falling due after more than one year: 7 ( 5,829 ) ( 15,829 )
Provision for liabilities: ( 245 ) ( 327 )
Total net assets (liabilities): (16,483) 15,260
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (16,583 ) 15,160
Total Shareholders' funds: ( 16,483 ) 15,260

The notes form part of these financial statements

THE STELLAR COLLECTIVE LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 28 August 2025
and signed on behalf of the board by:

Name: P Bayley
Status: Director

The notes form part of these financial statements

THE STELLAR COLLECTIVE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the value of work performed (excluding VAT) during the period.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rate in order to write off each asset over its estimated useful life. Office Equipment - 25% reducing balance basis.

    Other accounting policies

    Taxation Taxation represents the sum of tax currently payable and deferred tax. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Debtors and creditors receivable/payable within one year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. Fixed asset investments Listed Investments are valued at market value at the balance sheet date, taken as the Aquis mid market price at that date. Going concern At the balance sheet date the Company's current liabilities exceeded its current assets. The Company has received assurances from the Directors that they will continue to provide financial support and the Company for 12 months from the date of signing these financial statements. On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not included any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

THE STELLAR COLLECTIVE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

THE STELLAR COLLECTIVE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 4,080 4,080
Additions
Disposals
Revaluations
Transfers
At 31 December 2024 4,080 4,080
Depreciation
At 1 January 2024 2,329 2,329
Charge for year 438 438
On disposals
Other adjustments
At 31 December 2024 2,767 2,767
Net book value
At 31 December 2024 1,313 1,313
At 31 December 2023 1,751 1,751

THE STELLAR COLLECTIVE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed assets investments note

Listed Investments are valued at market value at the balance sheet date, taken as the Aquis mid market price at that date. Opening value of investment £50,000 Disposal £(33,333) Diminution in value £(16,667) Closing value of investment £0

THE STELLAR COLLECTIVE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

2024 2023
£ £
Trade debtors 0 9,500
Other debtors 5,788 0
Total 5,788 9,500

THE STELLAR COLLECTIVE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Taxation and social security 8,653 9,900
Accruals and deferred income 1,593 34,378
Other creditors 0 3,227
Total 20,246 57,505

The Company has a Government Bounce Back Loan of £15,829 ( 2023 - £25,829). Of this sum £10,000 was repayable in less than one year (2023 - £10,000).

THE STELLAR COLLECTIVE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 5,829 15,829
Total 5,829 15,829

The Company has a Government Bounce Back Loan of £15,829 ( 2023 - £25,829). Of this sum £5,829 was repayable in more than one year (2023 - £15,829).

THE STELLAR COLLECTIVE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

8. Loans to directors

Name of director receiving advance or credit: P Bayley
Description of the transaction:
Other debtors include £2,894 owed to P Bayley, Director and Shareholder in the Company. No interest has been charged on this amount and it has been repaid since the year end.
£
Balance at 31 December 2023
Advances or credits made: 2,894
Advances or credits repaid:
Balance at 31 December 2024 2,894

Name of director receiving advance or credit: LR Smyth
Description of the transaction:
Other debtors include £2,894 owed to LR Smyth , Director and Shareholder in the Company. No interest has been charged on this amount and it has been repaid since the year end.
£
Balance at 31 December 2023
Advances or credits made: 2,894
Advances or credits repaid:
Balance at 31 December 2024 2,894