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Registered number: 07320600
Star Soccer Academy Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
JOHN BIRD
Chartered Accountants
26 Brookfield Street
Syston
LEICESTER
LE7 2AD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07320600
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 2,427 2,236
2,427 2,236
CURRENT ASSETS
Debtors 6 13,876 13,839
Cash at bank and in hand 10,599 8,642
24,475 22,481
Creditors: Amounts Falling Due Within One Year 7 (6,762 ) (9,039 )
NET CURRENT ASSETS (LIABILITIES) 17,713 13,442
TOTAL ASSETS LESS CURRENT LIABILITIES 20,140 15,678
PROVISIONS FOR LIABILITIES
Deferred Taxation (461 ) (425 )
NET ASSETS 19,679 15,253
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 19,579 15,153
SHAREHOLDERS' FUNDS 19,679 15,253
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For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr M Finnigan
Director
28/05/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Star Soccer Academy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07320600 . The registered office is 15, Church Ponds Close, Ratby, Leicester, LE6 0QS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Purchased goodwill has been fully amortised over its estimated useful economic life on a straight line basis.
2.4. Tangible Fixed Assets and Depreciation
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 & equipment 20% reducing balance
Computer Equipment & website 3 years straight line
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2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 1 1
1 1
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4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2024 6,000
As at 31 August 2025 6,000
Amortisation
As at 1 September 2024 6,000
As at 31 August 2025 6,000
Net Book Value
As at 31 August 2025 -
As at 1 September 2024 -
5. Tangible Assets
Fixtures, fittings & equipment Computer Equipment & website Total
£ £ £
Cost
As at 1 September 2024 7,409 8,843 16,252
Additions 815 263 1,078
As at 31 August 2025 8,224 9,106 17,330
Depreciation
As at 1 September 2024 5,806 8,210 14,016
Provided during the period 483 404 887
As at 31 August 2025 6,289 8,614 14,903
Net Book Value
As at 31 August 2025 1,935 492 2,427
As at 1 September 2024 1,603 633 2,236
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6. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 697 655
Other debtors (1) 13,179 13,184
13,876 13,839
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 1,120
Corporation tax 1,066 92
Accruals and deferred income 3,508 7,827
Director's loan account 2,188 -
6,762 9,039
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Dividends paid to the director in his capacity as a shareholder during the year was as follows:
2025 2024
£ £
Mr M Finnigan - 1,000
10. Ultimate Controlling Party
During the year ended 31 August 2025, M A Finnigan, the director, controlled the company by virtue of a controlling interest of 100% of the issued ordinary share capital.
11. General information
Star Soccer Academy Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is 15, Church Ponds Close, Ratby, Leicester, LE6 0QS and its registered number is 07320600.
The financiual statements are presented in sterling which is the functional currency of the company.
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