REGISTERED NUMBER: 09932158 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Little and Shooting Stars Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J L Frimpong-Manso

D P Frimpong-Manso

REGISTERED OFFICE:

20 Horbury Road

Ossett

West Yorkshire

WF5 0BN

REGISTERED NUMBER:

09932158 (England and Wales)

ACCOUNTANTS:

The Sanders Partnership

Chartered Accountants

19 King Street

The Civic Quarter

Wakefield

West Yorkshire

WF1 2SQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

52,887

71,301

52,887

71,301

CURRENT ASSETS

Debtors

6

61,100

18,153

Cash at bank and in hand

442,854

380,316

503,954

398,469

CREDITORS

Amounts falling due within one year

7

78,789

51,653

NET CURRENT ASSETS

425,165

346,816

TOTAL ASSETS LESS CURRENT LIABILITIES

478,052

418,117

PROVISIONS FOR LIABILITIES

7,473

12,043

NET ASSETS

470,579

406,074

CAPITAL AND RESERVES

Called up share capital

225

225

Share premium

129,205

129,205

Retained earnings

341,149

276,644

470,579

406,074

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

D P Frimpong-Manso - Director

1.	STATUTORY INFORMATION

Little and Shooting Stars Ltd 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Provisions

Provisions are only set up where it is probable that a present obligation exists as a result of an event prior to the balance sheet and that a payment will be required in settlement that can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2023 - 40 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

142,000

AMORTISATION

At 1 January 2024

and 31 December 2024

142,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2024

4,259

7,509

40,812

Additions

-

-

-

At 31 December 2024

4,259

7,509

40,812

DEPRECIATION

At 1 January 2024

830

5,673

31,655

Charge for year

426

459

2,308

At 31 December 2024

1,256

6,132

33,963

NET BOOK VALUE

At 31 December 2024

3,003

1,377

6,849

At 31 December 2023

3,429

1,836

9,157

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

58,370

14,824

125,774

Additions

-

705

705

At 31 December 2024

58,370

15,529

126,479

DEPRECIATION

At 1 January 2024

6,950

9,365

54,473

Charge for year

12,855

3,071

19,119

At 31 December 2024

19,805

12,436

73,592

NET BOOK VALUE

At 31 December 2024

38,565

3,093

52,887

At 31 December 2023

51,420

5,459

71,301

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

11,044

4,746

Other debtors

480

4,575

Directors' current accounts

5,609

2,747

Prepayments

43,967

6,085

61,100

18,153

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

46,871

19,787

Other creditors

31,918

31,866

78,789

51,653

8.	OTHER FINANCIAL COMMITMENTS

At 31st December 2024 the total of future minimum lease payments under non-cancellable operating leases expiring within one year totalled £1,145 (2023: £4,643) and later than one year but within five years totalled £0 (2023: £2,671).

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

J L Frimpong-Manso

Balance outstanding at start of year

2,747

170

Amounts advanced

35,977

37,856

Amounts repaid

(33,115

)

(35,279

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,609

2,747

No interest has been charged on this loan (2023: no interest) and it is repayable on demand.