Starcoombe Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 01044323

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		152,000		152,000

			152,000		152,000
CURRENT ASSETS
Debtors	5	183,897		183,897

		183,897		183,897
Creditors: Amounts Falling Due Within One Year	6	(21,645 )		(21,285 )

NET CURRENT ASSETS (LIABILITIES)			162,252		162,612

TOTAL ASSETS LESS CURRENT LIABILITIES			314,252		314,612

NET ASSETS			314,252		314,612

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			314,152		314,512

SHAREHOLDERS' FUNDS			314,252		314,612

For the year ending 30 September 2024 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James Gold

Director

30th September 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Starcoombe Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01044323 . The registered office is 82 Wandsworth Bridge Road, London, SW6 2TF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements present information about the company as an indiviual undertaking and not about its group. The company and its subsidiary comprise a small size group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

2.2. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.3. Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a longterm interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

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Starcoombe Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

4. Investments

	Subsidiaries
	£
Cost
As at 1 October 2023	152,000

As at 30 September 2024	152,000

Provision
As at 1 October 2023	-

As at 30 September 2024	-

Net Book Value
As at 30 September 2024	152,000

As at 1 October 2023	152,000

Details of the company's subsidiaries at 30 September 2024 are as follows:

Name of undertaking	Registered Office	Nature of business	Class of Shares held	% Held	Direct/Indirect
Camgrasp Limited	82 Wandsworth Bridge Road, London SW6 2TF	Property Investment	Ordinary	85%	Direct
Myloworld Limited	82 Wandsworth Bridge Road, London SW6 2TF	Property Investment	Ordinary	85%	Indirect

5. Debtors

	2024	2023
	£	£
Due within one year
Amounts owed by group undertakings	183,897	183,897

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	360	-
Amounts owed to group undertakings	2,064	2,064
Other creditors	19,221	19,221

	21,645	21,285

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

8. Related Party Transactions

Shelana Investments Limited

A company under common ownership

Shelana Investments Limited is owed funds by the company on an unsecured, interest free basis which is repayable on demand. £17,458 is owed to Shelana Investments at the year end (2023: £17,458)

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