2025-02-01 2026-01-31 05676657 Starchi Ltd false 05676657 2025-02-01 2026-01-31 05676657 uk-bus:Director1 2025-02-01 2026-01-31 05676657 uk-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 05676657 uk-bus:SmallEntities 2025-02-01 2026-01-31 05676657 uk-bus:FullAccounts 2025-02-01 2026-01-31 05676657 uk-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 05676657 2025-02-01 05676657 2026-01-31 05676657 2025-01-31 xbrli:pure iso4217:GBP 05676657 2024-02-01 2025-01-31
Company Registration Number : 05676657 (England and Wales)
05676657
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2026-01-31
false
Starchi Ltd
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2025-02-01
Starchi Ltd
Unaudited filleted financial statements
For the year ended 31 January 2026
Starchi Ltd
Contents
For the year ended 31 January 2026

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


Starchi Ltd
Company Information
For the year ended 31 January 2026

Company registration number 05676657 (England and Wales)
Directors Nwakaego Uba-Machie
Chinedu Machie
Company secretary Chinedu Ikechukwu Machie
Registered office address 8 Arundel Drive
Chelsfield
Kent
BR6 9JG
Accountant DNS Accountants
Chartered Accountants
382 Kenton Road
Harrow, Middlesex
HA3 8DP
UK
Starchi Ltd
Statement of Financial Position
For the year ended 31 January 2026

2026 2025
Notes £ £
Fixed assets
Investment Property 313,065 313,065
5 313,065 313,065
Current assets
Debtors 2,840 3,461
Corporation tax receivable 15 273
Cash and cash equivalents 5,878 13,117
8,734 16,851
Current liabilities
Creditors: Amounts falling due within one year (30,741) (28,571)
(30,741) (28,571)
Net current (liabilities)/assets (22,007) (11,720)
Total assets less current liabilities 291,058 301,345
Non-current liabilities
Creditors: Amounts falling due after more than one year (281,891) (289,891)
Net assets/(liabilities) 9,167 11,454
Capital and reserves
Called up share capital 103 103
Retained earnings 9,064 11,351
Shareholder's funds 9,167 11,454
For the year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 January 2026 the company was entitled to exemption from audit 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 01 June 2026
.............................
Chinedu Machie (Director)
Company registration number: 05676657
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2026-01-31 31 January 2026
2026 2025
£ £
Fixed Assets 313,065 313,065
Current Assets 7,970 16,408
Prepayments and accrued income 764 443
Creditors: amounts falling due within one year (30,741) (28,571)
Net current assets/(liabilities) (22,007) (11,720)
Total assets less current liabilities 291,058 301,345
CREDITORS: Amounts falling due more than one year (281,891) (289,891)
Net Assets/(liabilities) 9,167 11,454
Capital and Reserves 9,167 11,454
For the year ending 31/01/2026 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. For the year ending 31-01-2026 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 for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 01 June 2026 2026-06-01 and signed on behalf of the board,
.............................
Chinedu Machie
Director
Company registration number: 05676657
Starchi Ltd
Notes to the Financial Statements
For the year ended 31 January 2026

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 8 Arundel Drive, Chelsfield, Kent, BR6 9JG.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Rental income
Rental income from operating leases are recognised on a straight-line basis over the term of the relevant lease. Rental Income is included within other income from fixed assets.
Interest income
Interest income is recognised using the effective interest method.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings25% straight line
Equipment
Motor Cars
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

(4) Employees
During the year, the average number of employees including director was 0 (2025 : 1).

(5) Fixed assets
Tangible

£
Investments
Property
£
Totals

£
Cost
As at 01 February 2025929313,065313,994
As at 31 January 2026929313,065313,994
Depreciation/Amortisation
As at 01 February 2025929-929
As at 31 January 2026929-929
Net book value
As at 31 January 2026-313,065313,065
As at 31 January 2025-313,065313,065

(6) Investment Properties
These financial statements for the year ended 31 January 2026 are prepared by FRS 102 1a "The financial reporting standard applicable in the UK and Republic of Ireland". The property is being measured at fair value under FRS 102 1a and no fair value gains or losses were found during the year.

(7) Mortgage Loan
The mortgage loans are secured by the investment properties.