GOLDSTAR VENTURES LIMITED

Company Registration Number:
11390398 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2025

Period of accounts

Start date: 31 May 2024

End date: 31 May 2025

GOLDSTAR VENTURES LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2025

Balance sheet
Notes

GOLDSTAR VENTURES LIMITED

Balance sheet

As at 31 May 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 50,605 57,525
Total fixed assets: 50,605 57,525
Current assets
Stocks: 9,118 10,776
Cash at bank and in hand: 69,533 87,160
Total current assets: 78,651 97,936
Creditors: amounts falling due within one year: 4 (97,198) (154,380)
Net current assets (liabilities): (18,547) (56,444)
Total assets less current liabilities: 32,058 1,081
Total net assets (liabilities): 32,058 1,081
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 32,057 1,080
Shareholders funds: 32,058 1,081

The notes form part of these financial statements

GOLDSTAR VENTURES LIMITED

Balance sheet statements

For the year ending 31 May 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 May 2026
and signed on behalf of the board by:

Name: Brian Butterworth
Status: Director

The notes form part of these financial statements

GOLDSTAR VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Fixtures & Fittings 15%

Valuation and information policy

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

GOLDSTAR VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2025

2. Employees

2025 2024
Average number of employees during the period 16 1

GOLDSTAR VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2025

3. Tangible Assets

Total
Cost £
At 31 May 2024 87,720
Additions 5,732
At 31 May 2025 93,452
Depreciation
At 31 May 2024 30,195
Charge for year 12,652
At 31 May 2025 42,847
Net book value
At 31 May 2025 50,605
At 30 May 2024 57,525

GOLDSTAR VENTURES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2025

4. Creditors: amounts falling due within one year note

2025 2024 £ £ Trade creditors 14,895 15,403 Other creditors 26,118 94,989 Taxation and social security 56,185 43,988 Total 97,198 154,380