Company Registration No. 05121492 (England and Wales)
2ND STAR ON THE RIGHT MANAGEMENT COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
2ND STAR ON THE RIGHT MANAGEMENT COMPANY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
2ND STAR ON THE RIGHT MANAGEMENT COMPANY LIMITED
BALANCE SHEET
AS AT
31 MAY 2025
31 May 2025
- 1 -
31 May 2025
31 August 2024
Notes
£
£
£
£
Current assets
Debtors
3
2,018
9,833
Cash at bank and in hand
5,429
4,107
7,447
13,940
Creditors: amounts falling due within one year
4
(1,610)
(11,006)
Net current assets
5,837
2,934
Capital and reserves
Called up share capital
9
9
Profit and loss reserves
5,828
2,925
Total equity
5,837
2,934

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial period ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 15 January 2026 and are signed on its behalf by:
Mrs S.M. Randell
Director
Company Registration No. 05121492
2ND STAR ON THE RIGHT MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2025
- 2 -
1
Accounting policies
Company information

2nd Star on the Right Management Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is Suite 12, McMillan House, Anlaby, Hull, East Yorkshire, HU10 7BY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

1.2
Income

Income is the amount receivable by the company, exclusive of VAT, for service charge and ground rent receivable.

1.3
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2ND STAR ON THE RIGHT MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MAY 2025
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
2024
Number
Number
Total
2
2
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
1,209
9,024
Other debtors
809
809
2,018
9,833
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
800
800
Other creditors
810
10,206
1,610
11,006
5
Ultimate controlling party

The company is controlled by its directors on behalf of its shareholders.

2025-05-31 2024-09-01 false false false 15 January 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr P Hadfield Mrs S.M. Randell 05121492 2024-09-01 2025-05-31 05121492 2025-05-31 05121492 2024-08-31 05121492 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-31 05121492 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 05121492 core:CurrentFinancialInstruments 2025-05-31 05121492 core:CurrentFinancialInstruments 2024-08-31 05121492 core:ShareCapital 2025-05-31 05121492 core:ShareCapital 2024-08-31 05121492 core:RetainedEarningsAccumulatedLosses 2025-05-31 05121492 core:RetainedEarningsAccumulatedLosses 2024-08-31 05121492 bus:Director2 2024-09-01 2025-05-31 05121492 2023-06-01 2024-08-31 05121492 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-05-31 05121492 bus:FRS102 2024-09-01 2025-05-31 05121492 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-05-31 05121492 bus:Director1 2024-09-01 2025-05-31 05121492 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-05-31 05121492 bus:FullAccounts 2024-09-01 2025-05-31 xbrli:pure xbrli:shares iso4217:GBP