Company Registration No. 09389152 (England and Wales)
A STARR PROPERTIES LIMITED
Unaudited accounts
for the year ended 31 December 2024
A STARR PROPERTIES LIMITED
Statement of financial position
as at 31 December 2024
Tangible assets
1,570
1,962
Investment property
325,000
325,000
Cash at bank and in hand
5,402
6,935
Creditors: amounts falling due within one year
(8,003)
(7,980)
Net current liabilities
(2,601)
(1,045)
Total assets less current liabilities
323,969
325,917
Creditors: amounts falling due after more than one year
(288,514)
(295,384)
Provisions for liabilities
Deferred tax
(8,558)
(8,558)
Called up share capital
4
4
Profit and loss account
26,893
21,971
Shareholders' funds
26,897
21,975
For the year ending 31 December 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
Alison Fitzhugh
Director
Company Registration No. 09389152
A STARR PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 December 2024
A STARR PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09389152. The registered office is First Floor Offices, 25 Sanders Road, Finedon Road Industrial Estate, Wellingborough, Northamptonshire, NN8 4NL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the rent due for the period, excluding discounts, rebates, and other sales taxes.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Over 5 Years
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 (or less) 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.
Deferred tax assets and liabilities are not discounted.
A STARR PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 January 2024
325,000
At 31 December 2024
325,000
The fair value of investment property was determined by an official property valuation. The historic cost of the property totalled £279,960 (2023 £279,960).
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,689
5,682
Deferred income
1,774
1,468
The bank loan is secured against the property.
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
181,630
187,326
Taxes and social security
23,141
14,481
Loans from directors
83,743
93,577
Aggregate of amounts that fall due for payment after five years
161,150
166,871
The bank loan is secured against the property.
A STARR PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 December 2024
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).