BANSTAR LIMITED - Filleted accounts

Registered number

03016290

BANSTAR LIMITED

Filleted Accounts

31 March 2025

BANSTAR LIMITED
Registered number:		03016290
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		256,078			259,839

Current assets
Stocks		8,584			10,884
Debtors	4	650,297			638,097
Cash at bank and in hand		46,048			28,503
		704,929			677,484

Creditors: amounts falling due within one year	5	(126,394)			(119,139)

Net current assets			578,535			558,345

Total assets less current liabilities			834,613			818,184

Creditors: amounts falling due after more than one year	6		(13,492)			(23,875)



Net assets			821,121			794,309

Capital and reserves
Called up share capital			100			100
Profit and loss account			821,021			794,209

Shareholders' funds			821,121			794,309

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Pantelis Koutroukkis
Director
Approved by the board on 8 December 2025

BANSTAR LIMITED
Notes to the Accounts
for the year ended 31 March 2025

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					9		9


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	234,765		69,704		29,469		333,938
	At 31 March 2025	234,765		69,704		29,469		333,938

	Depreciation
	At 1 April 2024	-		48,492		25,607		74,099
	Charge for the year	-		3,182		579		3,761
	At 31 March 2025	-		51,674		26,186		77,860

	Net book value
	At 31 March 2025	234,765		18,030		3,283		256,078
	At 31 March 2024	234,765		21,212		3,862		259,839


4	Debtors					2025		2024
£							£

	Other debtors					650,297		638,097


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Taxation and social security costs					77,969		57,318
	Other creditors					48,425		61,821
						126,394		119,139


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					13,492		23,875


7	Other information

	BANSTAR LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	35 Grafton Way
	LONDON
	W1T 5DB