REGISTERED NUMBER: 09304670 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

STAR HOUSING LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

C M Bard

REGISTERED OFFICE:

142a Osbaldeston Road

South Tottenham

London

N16 6NJ

REGISTERED NUMBER:

09304670 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

4

2,276,265

1,553,051

CURRENT ASSETS

Stocks

829,061

581,262

Debtors

5

328,817

226,466

Cash at bank

540,536

1,283,300

1,698,414

2,091,028

CREDITORS

Amounts falling due within one year

6

(1,967,722

)

(1,941,042

)

NET CURRENT (LIABILITIES)/ASSETS

(269,308

)

149,986

TOTAL ASSETS LESS CURRENT LIABILITIES

2,006,957

1,703,037

CREDITORS

Amounts falling due after more than one year

7

(1,328,050

)

(1,101,300

)

PROVISIONS FOR LIABILITIES

(16,536

)

(16,536

)

NET ASSETS

662,371

585,201

CAPITAL AND RESERVES

Called up share capital

9

100

100

Revaluation reserve

10

70,497

70,497

Retained earnings

10

591,774

514,604

SHAREHOLDERS' FUNDS

662,371

585,201

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 August 2026 and were signed by:

C M Bard - Director

1.	STATUTORY INFORMATION

Star Housing 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

1,553,051

Additions

723,214

At 30 November 2025

2,276,265

NET BOOK VALUE

At 30 November 2025

2,276,265

At 30 November 2024

1,553,051

Fair value at 30 November 2025 is represented by:

£

Valuation in 2016

87,033

Cost

2,189,232

2,276,265

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

13,646

-

Other debtors

315,171

226,466

328,817

226,466

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Payments on account

-

395,668

Tax

77,244

51,520

Other creditors

1,867,251

1,471,547

Directors' current accounts

19,007

19,007

Accrued expenses

4,220

3,300

1,967,722

1,941,042

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans more 5 yrs non-inst

1,304,199

1,072,149

Other loans more 5yrs instal

23,851

29,151

1,328,050

1,101,300

30.11.25

30.11.24

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,304,199

1,072,149

Repayable by instalments

Other loans more 5yrs instal

23,851

29,151

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

£

Bank loans

1,304,199

1,072,149

1. Long term bank loan is secured by first charge over the company's investment property and bear interest at variable rates.

2. Under the bank loan, £23,851 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.25

30.11.24

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 December 2024

514,604

70,497

585,101

Profit for the year

77,170

77,170

At 30 November 2025

591,774

70,497

662,271

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C M Bard.