REGISTERED NUMBER: 11619809 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Million Star Investment LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Nath

REGISTERED OFFICE:

1 Agincourt Villas

Uxbridge Road

Hillingdon

Middlesex

UB10 0NX

REGISTERED NUMBER:

11619809 (England and Wales)

ACCOUNTANTS:

SK Associates Ltd

1 Agincourt Villas

Uxbridge Road

Hillingdon

Middlesex

UB10 0NX

FIXED ASSETS

Investment property

4

1,141,577

1,027,920

CURRENT ASSETS

Debtors

5

12,174

81,174

Cash at bank

16,891

1,627

29,065

82,801

CREDITORS

Amounts falling due within one year

6

308,539

247,091

NET CURRENT LIABILITIES

(279,474

)

(164,290

)

TOTAL ASSETS LESS CURRENT LIABILITIES

862,103

863,630

CREDITORS

Amounts falling due after more than one year

7

(216,449

)

(243,308

)

PROVISIONS FOR LIABILITIES

(90,035

)

(90,035

)

NET ASSETS

555,619

530,287

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

383,835

383,835

Retained earnings

171,684

146,352

555,619

530,287

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 director and authorised for issue on 22 December 2025 and were signed by:

M Nath - Director

1.	STATUTORY INFORMATION

Million Star Investment 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.

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

1,027,920

Additions

113,657

At 31 December 2024

1,141,577

NET BOOK VALUE

At 31 December 2024

1,141,577

At 31 December 2023

1,027,920

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

1,000

-

Other debtors

11,174

81,174

12,174

81,174

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

43,155

43,155

Trade creditors

2

1

Taxation and social security

8,576

8,579

Other creditors

256,806

195,356

308,539

247,091

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

216,449

243,308

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

259,604

286,463

9.

RESERVES

Revaluatio

reserve

£

At 1 January 2024

and 31 December 2024

383,835

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

M Nath and M Nath

Balance outstanding at start of year

96,206

91,486

Amounts advanced

5,848

4,720

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

102,054

96,206

11.	RELATED PARTY DISCLOSURES

At the balance sheet date other creditors include loans of £134,200 (2023 - £87,500) from a company under the common control of the director.These loans are unsecured, interest free and repayable on demand.