REGISTERED NUMBER: 04172426 (England and Wales)

5 STAR PROPERTIES & INVESTMENTS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J Clarke

G P Clarke

REGISTERED OFFICE:

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

REGISTERED NUMBER:

04172426 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

King Arthur's Court

Maidstone Road

Charing

Kent

TN27 0JS

FIXED ASSETS

Tangible assets

4

334,823

736,386

CURRENT ASSETS

Cash at bank and in hand

13,181

4,901

CREDITORS

Amounts falling due within one year

5

(314,407

)

(453,407

)

NET CURRENT LIABILITIES

(301,226

)

(448,506

)

TOTAL ASSETS LESS CURRENT LIABILITIES

33,597

287,880

CREDITORS

Amounts falling due after more than one year

6

-

(193,053

)

NET ASSETS

33,597

94,827

CAPITAL AND RESERVES

Called up share capital

4

4

Revaluation reserve

7

-

60,543

Retained earnings

33,593

34,280

SHAREHOLDERS' FUNDS

33,597

94,827

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by:

G P Clarke - Director

1.	STATUTORY INFORMATION

5 Star Properties & Investments Limited 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.

Tangible fixed assets

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

Land and buildings

-

nil

Plant and machinery etc

-

25% on reducing balance

Revaluation of tangible fixed assets

As permitted by the transitional provisions of the Financial Reporting Standard for Smaller Entities (effective April 2008) the company has elected not to adopt a policy of revaluation of tangible fixed assets. The company will retain the book value of land and buildings, previously revalued at 1 May 2004 and will not update this valuation.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

Fixture &

Computer

property

Fittings

equipment

Totals

£

£

£

£

COST

At 1 May 2024

735,867

19,183

2,816

757,866

Disposals

(401,433

)

-

-

(401,433

)

At 30 April 2025

334,434

19,183

2,816

356,433

DEPRECIATION

At 1 May 2024

-

18,664

2,816

21,480

Charge for year

-

130

-

130

At 30 April 2025

-

18,794

2,816

21,610

NET BOOK VALUE

At 30 April 2025

334,434

389

-

334,823

At 30 April 2024

735,867

519

-

736,386

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

11,000

Corporation Tax

7,036

-

Sundry creditors

23,011

23,011

Deposits in hand

2,295

2,295

Directors' current accounts

202,518

338,071

Accrued expenses

79,547

79,030

314,407

453,407

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans more 5 yr by instal

-

193,053

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

193,053

7.

RESERVES

Revaluation

reserve

£

At 1 May 2024

60,543

Disposal

(60,543

)

At 30 April 2025

-