Asset Star Management Limited

Asset Star Management Limited
Statement of Financial Position
As at 28 February 2026

	Notes	2026 £
Fixed assets
Tangible fixed assets	3	335,355
		335,355
Current assets
Debtors	4	902
Cash at bank and in hand		15,573
		16,475
Creditors: amount falling due within one year	5	(166,988)
Net current assets		(150,513)

Total assets less current liabilities		184,842
Creditors: amount falling due after more than one year	6	(244,144)
Net assets		(59,302)

Capital and reserves
Called up share capital	7	200
Profit and loss account		(59,502)
Shareholders' funds		(59,302)

For the period ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 01 November 2026 and were signed on its behalf by:

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Binti Katelia
Director

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Deepak Katelia
Director

Asset Star Management Limited
Notes to the Financial Statements
For the Period 04 February 2025 to 28 February 2026

General Information

Asset Star Management Limited is a private company, limited by shares, registered in England and Wales, registration number 16228335, registration address 23 Clarence Mews, London, SE16 5GB.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of services supplied by the company.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings

0 Straight Line

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

2.	Average number of employees Average number of employees during the period was 0.

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 04 February 2025	-	-
Additions	335,355	335,355
Disposals	-	-
At 28 February 2026	335,355	335,355
Depreciation
At 04 February 2025	-	-
Charge for period	-	-
On disposals	-	-
At 28 February 2026	-	-
Net book values
Closing balance as at 28 February 2026	335,355	335,355
Opening balance as at 04 February 2025	-	-

Debtors: amounts falling due within one year

	2026 £
Trade Debtors	697
Other Debtors	205
	902

Creditors: amount falling due within one year

	2026 £
Trade Creditors	8,242
Other Creditors	158,746
	166,988

Creditors: amount falling due after more than one year

	2026 £
Other Creditors	244,144
	244,144

Share Capital

Allotted, called up and fully paid	2026 £
200 Ordinary shares of £1.00 each	200
	200