REGISTERED NUMBER: 03384494 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30th June 2025

for

STAR METALS (CASTING) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Manjit Singh Dhaliwal

Parmjit Kaur Dhaliwal

Gurchetan Singh DHALIWAL

SECRETARY:

Parmjit Kaur Dhaliwal

REGISTERED OFFICE:

Unit 1 E Hilton Trading Estate Hilton Ro

Lanesfield

Wolverhampton,

WV4 6DW

REGISTERED NUMBER:

03384494 (England and Wales)

ACCOUNTANTS:

Edwins (Midlands) Limited

Suite 2

69 Steward Street

Birmingham

West Midlands

B18 7AF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

33,651

44,155

33,651

44,155

CURRENT ASSETS

Stocks

9,550

18,100

Debtors

6

96,061

110,194

Cash at bank and in hand

79,500

80,033

185,111

208,327

CREDITORS

Amounts falling due within one year

7

185,801

144,910

NET CURRENT (LIABILITIES)/ASSETS

(690

)

63,417

TOTAL ASSETS LESS CURRENT LIABILITIES

32,961

107,572

CREDITORS

Amounts falling due after more than one year

8

-

16,621

NET ASSETS

32,961

90,951

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

32,959

90,949

32,961

90,951

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2025 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 22nd September 2026 and were signed on its behalf by:

Gurchetan Singh DHALIWAL - Director

1.	STATUTORY INFORMATION

STAR METALS (CASTING) 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.

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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

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 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st July 2024

and 30th June 2025

55,000

AMORTISATION

At 1st July 2024

and 30th June 2025

55,000

NET BOOK VALUE

At 30th June 2025

-

At 30th June 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st July 2024

and 30th June 2025

178,904

57,346

236,250

DEPRECIATION

At 1st July 2024

173,557

18,538

192,095

Charge for year

802

9,702

10,504

At 30th June 2025

174,359

28,240

202,599

NET BOOK VALUE

At 30th June 2025

4,545

29,106

33,651

At 30th June 2024

5,347

38,808

44,155

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

66,291

62,920

Other debtors

29,770

47,274

96,061

110,194

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

9,418

32,160

Hire purchase contracts

10,549

17,443

Trade creditors

52,456

36,568

Taxation and social security

79,317

24,079

Other creditors

34,061

34,660

185,801

144,910

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

-

10,648

Hire purchase contracts

-

5,973

-

16,621

9.	ULTIMATE CONTROLLING PARTY

The Ultimate Controlling Parties are Mr Manjit Singh Dhaliwal and Mrs Parmjit Kaur Dhaliwal.