Registration number: 13880311

DOUBLESTAR SYSTEM LTD

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

DOUBLESTAR SYSTEM LTD

Company Information

Director

I Goonasekera

Registered office

3a Bullingham Mansions Pitt Street London W8 4JH

Accountants

K&S Professionals Limited Chartered Certified Accountants41 Rivington Crescent Mill Hill London NW7 2LF

DOUBLESTAR SYSTEM LTD

(Registration number: 13880311)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	1,662	-
Other financial assets	5	78,310	75,033
		79,972	75,033
Current assets
Debtors	6	17,542	31,600
Cash at bank and in hand		5,114	9,577
		22,656	41,177
Creditors: Amounts falling due within one year	7	(12,623)	(25,417)
Net current assets		10,033	15,760
Net assets		90,005	90,793
Capital and reserves
Called up share capital	8	1	1
Retained earnings		90,004	90,792
Shareholders' funds		90,005	90,793

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 23 October 2026
 

......................................... I Goonasekera Director

DOUBLESTAR SYSTEM LTD

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
3a Bullingham Mansions
Pitt Street
London
W8 4JH

These financial statements were authorised for issue by the director on 23 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

DOUBLESTAR SYSTEM LTD

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	33.33 % Straight line method

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

DOUBLESTAR SYSTEM LTD

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

4	Tangible assets

	Office equipment £	Total £
Cost or valuation
Additions	2,493	2,493
At 31 January 2026	2,493	2,493
Depreciation
Charge for the year	831	831
At 31 January 2026	831	831
Carrying amount
At 31 January 2026	1,662	1,662

5	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss £	Total £
Non-current financial assets
Cost or valuation
At 1 February 2025	75,033	75,033
Fair value adjustments	3,277	3,277
At 31 January 2026	78,310	78,310
Impairment
Carrying amount
At 31 January 2026	78,310	78,310

6

Debtors

Current	2026 £	2025 £
Other debtors	17,542	31,600
	17,542	31,600

7

Creditors

Creditors: amounts falling due within one year

DOUBLESTAR SYSTEM LTD

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

	2026 £	2025 £
Due within one year
Taxation and social security	4,906	20,501
Accruals and deferred income	1,701	1,306
Other creditors	6,016	3,610
	12,623	25,417

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1

9	Related party transactions

Transactions with the director

2026	At 1 February 2025 £	Repayments by director £	At 31 January 2026 £
I Goonasekera
	31,600	(14,058)	17,542

2025	At 1 February 2024 £	Advances to director £	At 31 January 2025 £
I Goonasekera
	-	31,600	31,600

Interest of £811 has been charged at the official HM Revenue & Customs rate.

This balance was repaid after the balance sheet date.