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COMPANY REGISTRATION NUMBER: 03868476

Starwest Limited

Unaudited Financial Statements

31 October 2024

Starwest Limited

Financial Statements

Year ended 31 October 2024

Contents | Page

Directors' report | 1

Statement of income and retained earnings | 2

Statement of financial position | 3

Notes to the financial statements | 4

Starwest Limited

Directors' Report

Year ended 31 October 2024
The directors present their report and the unaudited financial statements of the company for the year ended 31 October 2024 .
Directors
The directors who served the company during the year were as follows:

Mrs D Feldman |
Mr S. Feldman |

Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 13 January 2026 and signed on behalf of the board by:

Mr S. Feldman
Director

Registered office:
Hallswelle House
1 Halswelle Road
London
NW11 ODH

Starwest Limited

Statement of Income and Retained Earnings

Year ended 31 October 2024

| 2024 | 2023
Note | £ | £

Administrative expenses | 880 | 838
| ---- | ----
Operating loss | ( 880) | ( 838)

Income from other fixed asset investments | 125,000 | 25,000
| --------- | --------
Profit before taxation | 124,120 | 24,162

Tax on profit | – | –
| --------- | --------
Profit for the financial year and total comprehensive income | 124,120 | 24,162
| --------- | --------

Dividends paid and payable | ( 75,000) | ( 75,000)

Retained (losses)/earnings at the start of the year | ( 49,940) | 898
| -------- | --------
Retained losses at the end of the year | ( 820) | ( 49,940)
| -------- | --------

All the activities of the company are from continuing operations.

Starwest Limited

Statement of Financial Position

31 October 2024

| 2024 | 2023
Note | £ | £ | £

Fixed assets

Investments | 4 |  | 233,772 | 233,772

Current assets

Debtors | 5 | 1,253,394 |  | 1,128,394
Cash at bank and in hand | 4,471 |  | 5,143
| ------------ |  | ------------
| 1,257,865 |  | 1,133,537

Creditors: amounts falling due within one year | 6 | 1,492,456 |  | 1,417,248
| ------------ |  | ------------
Net current liabilities |  | 234,591 | 283,711
|  | --------- | ---------
Total assets less current liabilities |  | ( 819) | ( 49,939)
|  | ---- | --------

Capital and reserves

Called up share capital |  | 1 | 1
Profit and loss account |  | ( 820) | ( 49,940)
|  | ---- | --------
Shareholders deficit |  | ( 819) | ( 49,939)
|  | ---- | --------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 13 January 2026 , and are signed on behalf of the board by:

Mr S. Feldman
Director

Company registration number: 03868476

Starwest Limited

Notes to the Financial Statements

Year ended 31 October 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hallswelle House, 1 Halswelle Road, London, NW11 ODH.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
4. Investments

| Other investments other than loans
| £
Cost |
At 1 November 2023 and 31 October 2024 | 233,772
| ---------
Impairment |
At 1 November 2023 and 31 October 2024 | –
| ---------

Carrying amount |
At 31 October 2024 | 233,772
| ---------
At 31 October 2023 | 233,772
| ---------

5. Debtors

| 2024 | 2023
| £ | £
Amounts owed by related undertakings | 1,253,394 | 1,128,394
| ------------ | ------------

6. Creditors: amounts falling due within one year

| 2024 | 2023
| £ | £
Amounts owed to related undertakings | 1,448,831 | 1,373,831
Other creditors | 43,625 | 43,417
| ------------ | ------------
| 1,492,456 | 1,417,248
| ------------ | ------------

7. Related party transactions
Amounts due from and due to related companies are disclosed seperately in the notes to the accounts.