Company Registration No. 15502929 (England and Wales)
Silver Star Auto Services Ltd
Unaudited accounts
for the period from 19 February 2024 to 31 March 2025
Silver Star Auto Services Ltd
Unaudited accounts
Contents
Silver Star Auto Services Ltd
Company Information
for the period from 19 February 2024 to 31 March 2025
Directors
Atkinson Jonathan
Christopher James Newton
Company Number
15502929 (England and Wales)
Registered Office
Unit 121a Whitehall Industrial Estate
Whitehall Road
Leeds
LS12 5JB
United Kingdom
Accountants
True North Accountancy Ltd
19 Forest Crescent
Illingworth
Halifax
West Yorkshire
HX2 8DS
Silver Star Auto Services Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
22,648
Creditors: amounts falling due within one year
(11,533)
Total assets less current liabilities
24,868
Provisions for liabilities
Profit and loss account
23,185
Shareholders' funds
23,187
For the period ending 31 March 2025 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 10 November 2025 and were signed on its behalf by
Christopher James Newton
Director
Company Registration No. 15502929
Silver Star Auto Services Ltd
Notes to the Accounts
for the period from 19 February 2024 to 31 March 2025
Silver Star Auto Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 15502929. The registered office is Unit 121a Whitehall Industrial Estate, Whitehall Road, Leeds, LS12 5JB, 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 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 consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% Reducing Balance
Computer equipment
33% Reducing Balance
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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Silver Star Auto Services Ltd
Notes to the Accounts
for the period from 19 February 2024 to 31 March 2025
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 year 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.
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 March 2025
9,150
287
9,437
Charge for the period
572
16
588
At 31 March 2025
572
16
588
At 31 March 2025
8,578
271
8,849
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
Taxes and social security
7,041
7
Average number of employees
During the period the average number of employees was 0.