Company Registration No. 02422850 (England and Wales)
Starbeach Limited
Unaudited accounts
for the year ended 31 March 2025
Starbeach Limited
Unaudited accounts
Contents
Starbeach Limited
Company Information
for the year ended 31 March 2025
Company Number
02422850 (England and Wales)
Registered Office
Side Entrance 123 Clapton Common
London
E5 9AB
United Kingdom
Starbeach Limited
Statement of financial position
as at 31 March 2025
Investment property
1,160,630
1,160,630
Cash at bank and in hand
46,506
43,479
Creditors: amounts falling due within one year
(272,781)
(279,455)
Net current assets
34,743
43,608
Total assets less current liabilities
1,196,218
1,205,365
Creditors: amounts falling due after more than one year
(238,075)
(248,502)
Provisions for liabilities
Deferred tax
(118,941)
(118,941)
Net assets
839,202
837,922
Called up share capital
100
100
Profit and loss account
839,102
837,822
Shareholders' funds
839,202
837,922
For the year 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 director acknowledges her 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 and authorised for issue on 22 December 2025 and were signed on its behalf by
Mrs N Gluck
Director
Company Registration No. 02422850
Starbeach Limited
Notes to the Accounts
for the year ended 31 March 2025
Starbeach Limited is a private company, limited by shares, registered in England and Wales, registration number 02422850. The registered office is Side Entrance 123 Clapton Common, London, E5 9AB, 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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The financial statements have been prepared in accordance with the accounting principals appropriate to a going concern.
The accounts are presented in £ sterling.
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:
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.
Starbeach Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 April 2024
1,160,630
At 31 March 2025
1,160,630
Investment property fair value is determined by the directors based on their understanding of property market conditions and the specific property concerned.
The historical cost of the properties is £418,070 (2024: £418,070).
Amounts falling due within one year
Other debtors
252,192
277,402
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,255
4,086
Other creditors
269,906
272,729
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
238,075
248,502
The bank loans are secured on the company's investment properties.
Starbeach Limited
Notes to the Accounts
for the year ended 31 March 2025
9
Deferred taxation
2025
2024
Revaluation of land and buildings
118,941
118,941
Provision at start of year
118,941
118,941
Provision at end of year
118,941
118,941
The company is under the control of Mrs N Gluck, the majority shareholder.
11
Average number of employees
During the year the average number of employees was 3 (2024: 3).