Stellar Marketing Ltd Accounts

STELLAR MARKETING LTD - Company Information






Stellar Marketing Ltd

	Company No. 08571426
		Information for Filing with The Registrar
		30 June 2021

The Director presents her report and the accounts for the year ended 30 June 2021.

Principal activities
The principal activity of the company during the year under review was media representation services.




Director

The Director who served at any time during the year was as follows:

K.S. Tyler





































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

K.S. Tyler
Director
18 February 2022

at	30 June 2021
Company No.		08571426	Notes	2021	2020
				£	£
Fixed assets

	Tangible assets		4	103	144


				103	144
Current assets

	Debtors		5	9,000	3,591

	Cash at bank and in hand			7,346	6,830
				16,346	10,421
Creditors: Amount falling due within one year			6	(16,254)	(10,564)
Net current assets/(liabilities)				92	(143)
Total assets less current liabilities				195	1




Net assets				195	1

Capital and reserves
	Called up share capital			1	1



	Profit and loss account		7	194	-

Total equity				195	1



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 June 2021 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 18 February 2022
And signed on its behalf by:
K.S. Tyler
Director
18 February 2022

for the year ended 30 June 2021

General information

Its registered number is: 08571426

Its registered office is:

20-22 Wenlock Road

London

N1 7GU

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

20% straight line

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2021	2020
			Number	Number
		The average monthly number of employees (including directors) during the year was:	0	0

4	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 July 2020	1,370	1,370




		At 30 June 2021	1,370	1,370
		Depreciation
		At 1 July 2020	1,226	1,226
		Charge for the year	41	41



		At 30 June 2021	1,267	1,267
		Net book values
		At 30 June 2021	103	103
		At 30 June 2020	144	144

5	Debtors
			2021	2020
			£	£
		Trade debtors	4,200	3,591






		Prepayments and accrued income	4,800	-
			9,000	3,591

6	Creditors:
		amounts falling due within one year
			2021	2020
			£	£




		Trade creditors	5,996	246

		Corporation tax	1,569	525
		Other taxes and social security	2,039	2,720
		Loans from directors	7	-

		Accruals and deferred income	6,643	7,073
			16,254	10,564

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.