REGISTERED NUMBER: 15288536 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

StarCor Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B J Corbett

Mrs R J Starling

REGISTERED OFFICE:

Crane Court

302 London Road

Ipswich

Suffolk

IP2 0AJ

REGISTERED NUMBER:

15288536 (England and Wales)

ACCOUNTANTS:

Knights Lowe Ltd

Chartered Accountants

Crane Court

302 London Road

Ipswich

Suffolk

IP2 0AJ

FIXED ASSETS

Investment property

4

1,019,768

1,019,768

CURRENT ASSETS

Debtors

5

1,052

1,042

Cash at bank

22,782

23,685

23,834

24,727

CREDITORS

Amounts falling due within one year

6

89,091

91,077

NET CURRENT LIABILITIES

(65,257

)

(66,350

)

TOTAL ASSETS LESS CURRENT LIABILITIES

954,511

953,418

CREDITORS

Amounts falling due after more than one year

7

832,500

888,500

NET ASSETS

122,011

64,918

CAPITAL AND RESERVES

Called up share capital

8

300

300

Retained earnings

121,711

64,618

SHAREHOLDERS' FUNDS

122,011

64,918

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 1 September 2026 and were signed on its behalf by:

B J Corbett - Director

1.	STATUTORY INFORMATION

StarCor Ltd 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.

Going Concern

Having considered the company's forecast cash flows for the next twelve months, the directors are satisfied that the company has adequate resources to meet its liabilities as they fall due. The director have also confirmed their continued support of the company and are willing, if required, to defer repayment of amounts due to them until the company's cash flow permits.

Turnover

Turnover is measured at the value of rental income receivable for the accounting period.

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.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2025 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

1,019,768

NET BOOK VALUE

At 31 March 2026

1,019,768

At 31 March 2025

1,019,768

The investment property was valued on an open market basis on 31 March 2026 by the directors.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

1,052

1,042

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

19,339

21,504

Other creditors

69,752

69,573

89,091

91,077

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

832,500

888,500

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

300

Ordinary

£1

300

300

9.	RELATED PARTY DISCLOSURES

During the previous period the company purchased its investment property for £980,000 from a company in which the directors of StarCor Limited were shareholders. They ceased to be shareholders on 12 February 2024, being after the date of the property purchase.

At the year end, included in other creditors are amounts totalling £882,500 (2025 - £938,500) owed to the company's directors. The amounts are unsecured and interest free.