Registration number: 07298431

Star Commercials Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 8

Star Commercials Ltd

(Registration number: 07298431)
Balance Sheet as at 25 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	403,952	385,447
Current assets
Stocks	5	31,299	28,197
Debtors	6	698,106	846,416
Cash at bank and in hand		24,516	41,924
		753,921	916,537
Creditors: Amounts falling due within one year	7	(763,048)	(790,157)
Net current (liabilities)/assets		(9,127)	126,380
Total assets less current liabilities		394,825	511,827
Creditors: Amounts falling due after more than one year	7	(231,728)	(297,430)
Provisions for liabilities		(83,499)	(81,108)
Net assets		79,598	133,289
Capital and reserves
Called up share capital		56	100
Capital redemption reserve		44	-
Retained earnings		79,498	133,189
Shareholders' funds		79,598	133,289

For the financial year ending 25 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 14 May 2026
 

......................................... Mr D A Longley Director

Star Commercials Ltd

Notes to the Unaudited Financial Statements for the Year Ended 25 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Inglemoor Farm
Goole Road
Moorends
Doncaster
South Yorkshire
DN8 4JY

These financial statements were authorised for issue by the director on 14 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received using the accrual model.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Star Commercials Ltd

Notes to the Unaudited Financial Statements for the Year Ended 25 December 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% reducing balance
Office equipment	25% reducing balance
Plant and machinery	10% reducing balance
Fixture and fittings	10% reducing balance
Leasehold improvements	10% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Star Commercials Ltd

Notes to the Unaudited Financial Statements for the Year Ended 25 December 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Star Commercials Ltd

Notes to the Unaudited Financial Statements for the Year Ended 25 December 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 21 (2024 - 21).

Star Commercials Ltd

Notes to the Unaudited Financial Statements for the Year Ended 25 December 2025

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 26 December 2024	86,964	447,372	264,876	799,212
Additions	14,491	44,699	42,500	101,690
Disposals	-	-	(87,006)	(87,006)
At 25 December 2025	101,455	492,071	220,370	813,896
Depreciation
At 26 December 2024	26,767	220,997	166,000	413,764
Charge for the year	10,147	29,659	18,502	58,308
Eliminated on disposal	-	-	(62,128)	(62,128)
At 25 December 2025	36,914	250,656	122,374	409,944
Carrying amount
At 25 December 2025	64,541	241,415	97,996	403,952
At 25 December 2024	60,196	226,375	98,876	385,447

5

Stocks

	2025 £	2024 £
Work in progress	11,232	13,197
Other inventories	20,067	15,000
	31,299	28,197

6

Debtors

	2025 £	2024 £
Trade debtors	235,338	383,317
Other debtors	412,878	436,019
Prepayments	49,890	27,080
	698,106	846,416

Star Commercials Ltd

Notes to the Unaudited Financial Statements for the Year Ended 25 December 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	61,001	109,589
Trade creditors		301,418	244,893
Taxation and social security		190,258	253,346
Corporation tax		40,702	22,164
Other creditors		131,136	151,418
Accrued expenses		38,533	8,747
		763,048	790,157

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	231,728	297,430

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	4,916
Hire purchase contracts	34,781	61,780
Other borrowings	196,947	230,734
	231,728	297,430

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	4,238	9,880
Hire purchase contracts	22,975	74,462
Other borrowings	33,788	25,247
	61,001	109,589

Star Commercials Ltd

Notes to the Unaudited Financial Statements for the Year Ended 25 December 2025

9	Related party transactions

Loans to related parties

2025	Key management £	Total £
At start of period	322,303	322,303
Repaid	(89,213)	(89,213)
Interest transactions	13,716	13,716
At end of period	246,806	246,806

2024	Key management £	Total £
At start of period	262,312	262,312
Advanced	50,427	50,427
Interest transactions	9,564	9,564
At end of period	322,303	322,303