Company Registration No. 08012997 (England and Wales)
Starjump Designs Ltd
Unaudited accounts
for the year ended 31 March 2023
Starjump Designs Ltd
Unaudited accounts
Contents
Starjump Designs Ltd
Company Information
for the year ended 31 March 2023
Company Number
08012997 (England and Wales)
Registered Office
116 ST. Alphonsus Road
London
SW4 7BN
England
Accountants
M A Accountancy Group
Wolfe Mead
Farnham Road
Bordon
Hampshire
GU35 0NH
Starjump Designs Ltd
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
7,832
13,241
Creditors: amounts falling due within one year
(19,134)
(107,614)
Net current assets
143
16,239
Total assets less current liabilities
546
24,930
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
468
23,278
Shareholders' funds
469
23,279
For the year ending 31 March 2023 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 December 2023 and were signed on its behalf by
James Roupell
Director
Company Registration No. 08012997
Starjump Designs Ltd
Notes to the Accounts
for the year ended 31 March 2023
Starjump Designs Ltd is a private company, limited by shares, registered in England and Wales, registration number 08012997. The registered office is 116 ST. Alphonsus Road, London, SW4 7BN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Inventories have been valued at the lower of cost and net realisable value.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Starjump Designs Ltd
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
11,445
13,255
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
12,796
26,683
Taxes and social security
2,258
5,132
Loans from directors
-
75,399
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).