Star Residential Home Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 05649028 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Star Residential Home Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr C A Milner

Mr Z D Chaudhry

Mr H Potgieter

REGISTERED OFFICE:

319B Walton Road

West Molesey

KT8 2QG

REGISTERED NUMBER:

05649028 (England and Wales)

AUDITORS:

Merit Accountants and Tax Advisors Ltd

16 Upper Woburn Place

London

WC1H 0AF

FIXED ASSETS

Tangible assets

5

578,200

580,958

CURRENT ASSETS

Debtors

6

1,985,817

1,638,068

Cash at bank and in hand

86,113

4,956

2,071,930

1,643,024

CREDITORS

Amounts falling due within one year

7

1,676,546

1,339,091

NET CURRENT ASSETS

395,384

303,933

TOTAL ASSETS LESS CURRENT
LIABILITIES

973,584

884,891

PROVISIONS FOR LIABILITIES

28,626

29,074

NET ASSETS

944,958

855,817

CAPITAL AND RESERVES

Called up share capital

100

Revaluation reserve

8

68,031

Retained earnings

876,827

787,686

SHAREHOLDERS' FUNDS

944,958

855,817

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2025 and were signed on its behalf by:

Mr Z D Chaudhry - Director

1.	STATUTORY INFORMATION

Star Residential Home Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The directors have formed a judgement, at the time of approving the financial statements, that the company has adequate resources to enable it to continue in operational existence for the foreseeable future. As such, the financial statements have been prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2024 - 33 ) .

4.	AUDITORS' REMUNERATION

31.3.25

31.3.24

£

Fees payable to the company's auditors for the audit of the company's
financial statements

3,692

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST OR VALUATION

At 1 April 2024

550,000

129,785

679,785

Additions

-

6,642

At 31 March 2025

550,000

136,427

686,427

DEPRECIATION

At 1 April 2024

-

98,827

Charge for year

-

9,400

At 31 March 2025

-

108,227

NET BOOK VALUE

At 31 March 2025

550,000

28,200

578,200

At 31 March 2024

550,000

30,958

580,958

Cost or valuation at 31 March 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

Valuation in 2022

90,709

-

90,709

Cost

459,291

136,427

595,718

550,000

136,427

686,427

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

60,698

24,449

Amounts owed by group undertakings

1,339,986

1,037,086

Amounts owed by participating interests

585,133

576,533

1,985,817

1,638,068

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

10,302

Trade creditors

6,645

11,992

Amounts owed to group undertakings

1,572,929

1,177,816

Taxation and social security

82,878

128,209

Other creditors

3,792

10,772

1,676,546

1,339,091

8.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

68,031

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Hussein Bhaiji CTA FCCA (Senior Statutory Auditor)

for and on behalf of Merit Accountants and Tax Advisors Ltd

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £92,250 were paid to the directors .

Trustcare Management Limited is the immediate and ultimate parent company by virtue of holding 100% of the issued share capital of the company. It is a company incorporated in England and Wales and it's Registered Office is at 319B Walton Road, West Molesey, Surrey, KT8 2QG.

Dividends paid to Trustcare Management Limited was £92,250 (2024: £80,000)

Management fees charged by the parent to the company was £30,785 (2024: £30,929).

Included in debtors is a loan balance of £576,533 (2024: £576,533) owed by Focus Care Supported Living Limited and £8,599 (2024: £Nil) owed by Square Logik Ltd. These amounts are receivable on demand. The entities are considered a related party as Zameer Deen Chaudhry, a director in both companies, has significant influence in the companies.

11.	PENSION COMMITMENTS

The amount recognised in the profit and loss as an expense in relation to defined contribution plans was £24,682 (2024: £20,274). As at the period end contributions totalling £4,487 (2024: £1,379) were payable.