Our Star Theatre Company Ltd

(Registration number: 10218010)
Balance Sheet as at 30 June 2025

	Note	30 June 2025 £	30 June 2024 £
Fixed assets
Tangible assets	4	8,136	8,238
Current assets
Debtors	5	4,910	5,736
Cash at bank and in hand		30,163	18,057
		35,073	23,793
Creditors: Amounts falling due within one year	6	(29,441)	(26,169)
Net current assets/(liabilities)		5,632	(2,376)
Total assets less current liabilities		13,768	5,862
Provisions for liabilities		(1,527)	-
Net assets		12,241	5,862
Capital and reserves
Called up share capital	7	100	100
Retained earnings		12,141	5,762
Shareholders' funds		12,241	5,862

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 August 2025
 

......................................... Mr Ben Mowbray Director

Our Star Theatre Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Briar House
Bosbury
Ledbury
Herefordshire
HR8 1PR

These financial statements were authorised for issue by the director on 25 August 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Our Star Theatre Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	20% reducing balance basis
Motor vehicles	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Our Star Theatre Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Our Star Theatre Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 July 2024	5,601	6,960	12,561
Additions	2,331	-	2,331
At 30 June 2025	7,932	6,960	14,892
Depreciation
At 1 July 2024	3,743	580	4,323
Charge for the year	838	1,595	2,433
At 30 June 2025	4,581	2,175	6,756
Carrying amount
At 30 June 2025	3,351	4,785	8,136
At 30 June 2024	1,858	6,380	8,238

5

Debtors

Current	30 June 2025 £	30 June 2024 £
Prepayments	4,910	5,736
	4,910	5,736

6

Creditors

Creditors: amounts falling due within one year

	30 June 2025 £	30 June 2024 £
Due within one year
Taxation and social security	1,842	-
Accruals and deferred income	660	630
Other creditors	26,939	25,539
	29,441	26,169

Our Star Theatre Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

7	Share capital

Allotted, called up and fully paid shares

	30 June 2025		30 June 2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

8

Dividends

		30 June 2025		30 June 2024
		£		£
Interim dividend of £5.00 (2024 - £Nil) per ordinary share		500		-

9	Related party transactions

The director was owed £26,939 (2023 : £25,539) at the accounting period end in respect of various expenses paid on behalf of the company. No interest is payable on these amounts.

Our Star Theatre Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	2,400	2,400
Contributions paid to money purchase schemes	600	600
	3,000	3,000