100Starlings Limited

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

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Balance Sheet

As At 31 March 2026

Balance Sheet

Registered number: 09479495

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		57,168		56,708

			57,168		56,708
CURRENT ASSETS
Stocks		162,550		162,550
Debtors	5	120,469		165,389
Cash at bank and in hand		305,140		180,941

		588,159		508,880
Creditors: Amounts Falling Due Within One Year	6	(411,801 )		(521,200 )

NET CURRENT ASSETS (LIABILITIES)			176,358		(12,320 )

TOTAL ASSETS LESS CURRENT LIABILITIES			233,526		44,388

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,267 )		(1,179 )

NET ASSETS			232,259		43,209

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			232,159		43,109

SHAREHOLDERS' FUNDS			232,259		43,209

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100Starlings Limited

Balance Sheet (continued)

As At 31 March 2026

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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Riccardo Cambiassi Director	Mr Alexandru Stubbs Director
26/05/2026

The notes on pages 4 to 6 form part of these financial statements.

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100Starlings Limited

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

100Starlings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09479495 . The registered office is Devonshire House, 582 Honeypot Lane, Stanmore, Middlesex, HA7 1JS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% on cost
Computer Equipment	25% on cost

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income 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 liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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100Starlings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 3)

4. Tangible Assets

	Land & Buildings	Plant & Machinery etc.	Total
	£	£	£
Cost
As at 1 April 2025	50,503	40,152	90,655
Additions	-	4,331	4,331

As at 31 March 2026	50,503	44,483	94,986

Depreciation
As at 1 April 2025	-	33,947	33,947
Provided during the period	-	3,871	3,871

As at 31 March 2026	-	37,818	37,818

Net Book Value
As at 31 March 2026	50,503	6,665	57,168

As at 1 April 2025	50,503	6,205	56,708

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	75,564	120,484
Other debtors	44,905	44,905

	120,469	165,389

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	220,837	358,676
Other creditors	123,486	123,229
Taxation and social security	67,478	39,295

	411,801	521,200

7. Directors Advances, Credits and Guarantees

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100Starlings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

During the year ended 31 March 2026, 100Starlings Ltd owed £8,229 to its directors. This amount is reflected in their respective director's loan accounts in credit balances, which is shown in other creditors under creditors due within one year. Please be advised that both the directors have agreed to provide this loan on an interest free basis and the loan is repayable on demand.

8. Related Party Transactions

Consultancy Fees paid to Bluesprite Ltd and ChaosCafe Ltd:

During the year ended 31 March 2026, Bluesprite Ltd provided consultancy and management services to the related company, 100Starlings Ltd. Bluesprite Ltd charged 100Starlings Ltd £28,080 for providing these consultancy and management services. These services were provided on commercial terms and charged at fair value, being on an arm’s length basis.

During the year ended 31 March 2026, ChaosCafe Ltd provided consultancy and management services to the related company, 100Starlings Ltd. ChaosCafe Ltd charged 100Starlings Ltd £15,000 for providing these consultancy and management services. These services were provided on commercial terms and charged at fair value, being on an arm’s length basis. In addition, 100Starlings Ltd borrowed a short-term loan of £115,000 from ChaosCafe Ltd on an interest-free basis during the year. The loan is repayable on demand and is included within Other Creditors under Creditors due within one year.

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Directors	Mr Riccardo Cambiassi
	Mr Alexandru Stubbs

Company Number	09479495

Registered Office	Devonshire House
	582 Honeypot Lane
	Stanmore
	Middlesex
	HA7 1JS

Accountants	Capitax Financial Ltd
	Devonshire House
	582 Honeypot Lane
	Stanmore
	Middlesex
	HA7 1JS