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Company Registration No. 01305606 (England and Wales)
Stareet (Builders) Limited Unaudited accounts for the year ended 31 March 2026
Stareet (Builders) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Stareet (Builders) Limited Company Information for the year ended 31 March 2026
Director
Peter Finbow
Company Number
01305606 (England and Wales)
Registered Office
45 Humber Doucy Lane Ipswich Suffolk IP4 3NR England
Accountants
Sarah Goddard Limited Saracen's House Business Centre 25 St Margaret's Green Ipswich Suffolk IP4 2BN
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Stareet (Builders) Limited Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
300,000 
300,001 
Current assets
Debtors
5
846 
1,370 
Cash at bank and in hand
132,320 
132,066 
133,166 
133,436 
Creditors: amounts falling due within one year
6
(3,972)
(4,373)
Net current assets
129,194 
129,063 
Total assets less current liabilities
429,194 
429,064 
Provisions for liabilities
Deferred tax
(41,901)
(41,901)
Net assets
387,293 
387,163 
Capital and reserves
Called up share capital
100 
100 
Fair value reserve
180,489 
180,489 
Profit and loss account
206,704 
206,574 
Shareholders' funds
387,293 
387,163 
For the year ending 31 March 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 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 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.
The financial statements were approved by the Board and authorised for issue on 29 July 2026 and were signed on its behalf by
Peter Finbow Director Company Registration No. 01305606
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Stareet (Builders) Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Stareet (Builders) Limited is a private company, limited by shares, registered in England and Wales, registration number 01305606. The registered office is 45 Humber Doucy Lane, Ipswich, Suffolk, IP4 3NR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2025
300,000 
6,921 
306,921 
At 31 March 2026
300,000 
6,921 
306,921 
Depreciation
At 1 April 2025
- 
6,920 
6,920 
Charge for the year
- 
1 
1 
At 31 March 2026
- 
6,921 
6,921 
Net book value
At 31 March 2026
300,000 
- 
300,000 
At 31 March 2025
300,000 
1 
300,001 
2026 
2025 
£ 
£ 
Carrying amount of land and buildings on cost basis
79,468 
79,468 
The freehold buildings were revalued by the director on 31 March 2026 by comparing to similar properties in the area.
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Stareet (Builders) Limited Notes to the Accounts for the year ended 31 March 2026
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
846 
1,370 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Taxes and social security
3,244 
3,567 
Loans from directors
128 
306 
Accruals
600 
500 
3,972 
4,373 
7
Transactions with related parties
The company is controlled by Mr P and Mrs B Finbow by virtue of their shareholdings.
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).
9
Reconciliations on adoption of FRS 102
Reconciliation of equity
1 April 2024 
31 March 2025 
£ 
£ 
Capital and reserves (as previously stated)
203,467 
205,325 
Fair value revaluation
- 
180,489 
Depreciation
1,858 
(1,858)
Retained profits
- 
3,207 
Capital and reserves (as restated)
205,325 
387,163 
Reconciliation of profit or loss for the year
31 March 2025 
£ 
Profit for the year (as previously stated)
15,207 
Fair value revaluation
180,489 
Depreciation
(1,858)
Profit for the year (as restated)
193,838 
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