Starpoint Holdings Limited - Period Ending 2020-12-31
Starpoint Holdings Limited - Period Ending 2020-12-31
Registration number:
Starpoint Holdings Limited
for the Period from 1 April 2020 to 31 December 2020
Starpoint Holdings Limited
Contents
Company Information |
|
Strategic Report |
|
Directors' Report |
|
Statement of Directors' Responsibilities |
|
Independent Auditor's Report |
|
Profit and Loss Account |
|
Balance Sheet |
|
Statement of Changes in Equity |
|
Statement of Cash Flows |
|
Notes to the Financial Statements |
Starpoint Holdings Limited
Company Information
Directors |
P. Barry D. G. Harrison S. J. O'Hara |
Registered office |
|
Auditors |
|
Starpoint Holdings Limited
Strategic Report for the Period from 1 April 2020 to 31 December 2020
The directors present their strategic report for the period from 1 April 2020 to 31 December 2020.
Principal activity
The principal activity of the company is that of a holding company.
Fair review of the business
The results of the company for the period show a profit before tax amounting to £2.889m.
As a holding company the performance and position of the company is directly attritutable to the performance of its subsidiary companies.The subsidiary companies have maintained their market positions and the directors are happy with the results achieved by the subsidiary companies and believe that the company and its subsidiary companies will continue to perform strongly in the foreseeable future.
There is still uncertainty surrounding the COVID-19 pandemic which has caused concerns over the economy.The company and its subsidiary companies have successfully traded through the COVID-19 pandemic to this point and it has not been considered necessary to make adjustments for its potential impact to the measurement of assets and liabilities included in the financial statements.
The company was acquired by the Phenna Topco Group Limited group of companies on 27 November 2020. Following the acquisition the accounting period was shortened from 31 March 2021 to 31 December 2020 to bring the period end into line with the ultimate parent company. As a consequence the current period is only a nine month period and the comparatives cover a twelve month period.
The directors monitor the progress of the company by reference to key performance indicators. The financial key performance indicators for the company are those that communicate the financial performance and strength of the company. The key performance indicator relavant for the company is dividends received from subsidiary companies.
The dividends received from subsidiary companies for the period ended 31 December 2020 amounted to £2,921m (year ended 31 March 2020 - £2,635m).
Starpoint Holdings Limited
Strategic Report for the Period from 1 April 2020 to 31 December 2020
Principal risks and uncertainties
The principal risks and uncertainities facing the company are:
Market performance - the company and its subsidiary companies are dependent on the continued strength of the property sector. The directors monitor this sector closely and ensure resources are in place to meet anticipated changes in the sector that they serve.
Competitive risk - the company and its subsidiary companies operate in a competitive market with several businesses often competing for market share. The company policy is to maintain good working relationships with existing and new customers to ensure continued growth.
Major disruption or disaster - the directors regularly review there business continuity plans to minimise the impact of major disruption or disasters.
Financial risk - the company and its subsidiary companies maintain sufficient working capital finance facilities to ensure that it has sufficient funds available for its operations.
Approved by the
.........................................
Director
Starpoint Holdings Limited
Directors' Report for the Period from 1 April 2020 to 31 December 2020
The directors present their report and the financial statements for the period from 1 April 2020 to 31 December 2020.
Directors of the company
The directors who held office during the period were as follows:
Future developments
The business and its subsidiary companies will continue to trade profitably and to grow. The directors will look at opportunities for business growth as they become available.
Disclosure of information to the auditors
Each director has taken steps that they ought to have taken as a director in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information. The directors confirm that there is no relevant information that they know of and of which they know the auditors are unaware.
Approved by the
.........................................
Director
Starpoint Holdings Limited
Statement of Directors' Responsibilities
The directors acknowledge their responsibilities for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:
• |
select suitable accounting policies and apply them consistently; |
• |
make judgements and accounting estimates that are reasonable and prudent; |
• |
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and |
• |
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. |
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Starpoint Holdings Limited
Independent Auditor's Report to the Members of Starpoint Holdings Limited
Opinion
We have audited the financial statements of Starpoint Holdings Limited (the 'company') for the period from 1 April 2020 to 31 December 2020, which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity, Statement of Cash Flows, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
• | give a true and fair view of the state of the company's affairs as at 31 December 2020 and of its profit for the period then ended; |
• | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and |
• | have been prepared in accordance with the requirements of the Companies Act 2006. |
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Other matter
In the previous accounting period the directors of the company took advantage of audit exemptions under s477 of the Companies Act. Therefore the prior period financial statements were not subject to audit.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Starpoint Holdings Limited
Independent Auditor's Report to the Members of Starpoint Holdings Limited
Other information
The directors are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinion on other matter prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
• |
the information given in the Strategic Report and Directors' Report for the financial period for which the financial statements are prepared is consistent with the financial statements; and |
• |
the Strategic Report and Directors' Report have been prepared in accordance with applicable legal requirements. |
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report and the Directors' Report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
• | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or |
• | the financial statements are not in agreement with the accounting records and returns; or |
• | certain disclosures of directors’ remuneration specified by law are not made; or |
• | we have not received all the information and explanations we require for our audit. |
Starpoint Holdings Limited
Independent Auditor's Report to the Members of Starpoint Holdings Limited
Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities [set out on page 5], the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.
Auditor’s responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
A full audit has been undertaken without any restrictions to provide reasonable assurance that any acts of omission or commission intentional or unintentional, committed by the entity, or by those charged with governance, by management or by other individuals working for or under the direction of the entity, which are contrary to the prevailing laws or regulations have not occured. This included assessing the control environment, testing of the robustness of the company's existing systems and controls, reviewing the company's risk assessment process and reviewing Minutes. The matters of significance giving rise to risk, notably the effects of COVID-19 on the general economy and on the performance of the subsidiary companies, have not given us any concerns that this reasonable assurance cannot be achieved.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
Starpoint Holdings Limited
Independent Auditor's Report to the Members of Starpoint Holdings Limited
Use of our report
This report is made solely to the company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
....................................................................
For and on behalf of
Westwood House
78 Loughborough Road
Quorn
Leicestershire
LE12 8DX
Starpoint Holdings Limited
Profit and Loss Account for the Period from 1 April 2020 to 31 December 2020
Note |
1 April 2020 to 31 December |
Year ended 31 March |
|
Turnover |
- |
- |
|
Gross profit/(loss) |
- |
- |
|
Administrative expenses |
( |
( |
|
Other operating income |
|
- |
|
Operating loss |
(49,512) |
(37,082) |
|
Income from shares in group undertakings |
|
|
|
Other interest receivable and similar income |
|
|
|
Interest payable and similar expenses |
- |
( |
|
2,939,023 |
2,643,486 |
||
Profit before tax |
|
|
|
Tax on profit |
( |
( |
|
Profit for the financial period |
|
|
The above results were derived from continuing operations.
The company has no recognised gains or losses for the period other than the results above.
Starpoint Holdings Limited
(Registration number: 11109132)
Balance Sheet as at 31 December 2020
Note |
31 December |
31 March |
|
Fixed assets |
|||
Intangible assets |
- |
|
|
Investments |
|
|
|
|
|
||
Current assets |
|||
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: Amounts falling due within one year |
( |
( |
|
Net current assets |
|
|
|
Net assets |
|
|
|
Capital and reserves |
|||
Called up share capital |
1,053 |
1,000 |
|
Share premium reserve |
55,047 |
100 |
|
Profit and loss account |
538,902 |
4,292,800 |
|
Shareholders' funds |
595,002 |
4,293,900 |
Approved and authorised by the
.........................................
Director
Starpoint Holdings Limited
Statement of Changes in Equity for the Period from 1 April 2020 to 31 December 2020
Share capital |
Share premium |
Profit and loss account |
Total |
|
At 1 April 2020 |
|
|
|
|
Profit for the period |
- |
- |
|
|
Total comprehensive income |
- |
- |
|
|
Dividends |
- |
- |
( |
( |
New share capital subscribed |
|
|
- |
|
At 31 December 2020 |
|
|
|
|
Share capital |
Share premium |
Profit and loss account |
Total |
|
At 1 April 2019 |
|
|
|
|
Profit for the period |
- |
- |
|
|
Total comprehensive income |
- |
- |
|
|
Dividends |
- |
- |
( |
( |
At 31 March 2020 |
|
|
|
|
Starpoint Holdings Limited
Statement of Cash Flows for the Period from 1 April 2020 to 31 December 2020
Note |
1 April 2020 to 31 December |
Year ended 31 March |
|
Cash flows from operating activities |
|||
Profit for the period |
|
|
|
Adjustments to cash flows from non-cash items |
|||
Depreciation and amortisation |
|
|
|
Loss on disposal of intangible assets |
|
- |
|
Loss from disposals of investments |
|
- |
|
Finance income |
( |
( |
|
Finance costs |
- |
|
|
Income tax expense |
|
|
|
( |
( |
||
Working capital adjustments |
|||
Increase in trade debtors |
( |
( |
|
Increase/(decrease) in trade creditors |
|
( |
|
Cash generated from operations |
( |
( |
|
Income taxes paid |
( |
- |
|
Net cash flow from operating activities |
( |
( |
|
Cash flows from investing activities |
|||
Interest received |
|
|
|
Proceeds from sale of subsidiaries |
|
- |
|
Net cash flows from investing activities |
|
|
|
Cash flows from financing activities |
|||
Interest paid |
- |
( |
|
Proceeds from issue of ordinary shares, net of issue costs |
|
( |
|
Dividends paid |
( |
( |
|
Net cash flows from financing activities |
( |
( |
|
Net (decrease)/increase in cash and cash equivalents |
( |
|
|
Cash and cash equivalents at 1 April |
|
|
|
Cash and cash equivalents at 31 December |
143,142 |
4,035,808 |
Starpoint Holdings Limited
Notes to the Financial Statements for the Period from 1 April 2020 to 31 December 2020
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
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 were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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.
Disclosure of long or short period
Tax
The tax expense for the period comprises current tax. Tax is recognised in the profit and loss account, 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.
Starpoint Holdings Limited
Notes to the Financial Statements for the Period from 1 April 2020 to 31 December 2020
Business combinations
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
Goodwill
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
33.3% straight line |
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit and loss account. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
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.
Starpoint Holdings Limited
Notes to the Financial Statements for the Period from 1 April 2020 to 31 December 2020
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 debtors.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors 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.
Other operating income |
The analysis of the company's other operating income for the period is as follows:
1 April 2020 to 31 December 2020 |
Year ended 31 March 2020 |
|
Management charges |
|
- |
Starpoint Holdings Limited
Notes to the Financial Statements for the Period from 1 April 2020 to 31 December 2020
Other gains and losses |
The analysis of the company's other gains and losses for the period is as follows:
1 April 2020 to 31 December 2020 |
Year ended 31 March 2020 |
|
Loss on disposal of intangible assets |
( |
- |
Loss from disposals of investments |
( |
- |
(20,133) |
- |
Operating loss |
Arrived at after charging:
1 April 2020 to 31 December 2020 |
Year ended 31 March 2020 |
|
Amortisation |
|
|
Other interest receivable and similar income |
1 April 2020 to 31 December 2020 |
Year ended 31 March 2020 |
|
Interest income on bank deposits |
|
|
Other finance income |
- |
|
|
|
Interest payable and similar expenses |
1 April 2020 to 31 December 2020 |
Year ended 31 March 2020 |
|
Interest on bank overdrafts and borrowings |
- |
|
Starpoint Holdings Limited
Notes to the Financial Statements for the Period from 1 April 2020 to 31 December 2020
Staff costs |
The average number of persons employed by the company (including directors) during the period, analysed by category was as follows:
1 April 2020 to 31 December |
Year ended 31 March |
|
Directors |
|
|
|
|
Auditors' remuneration |
1 April 2020 to 31 December 2020 |
Year ended 31 March 2020 |
|
Audit of the financial statements |
|
- |
Starpoint Holdings Limited
Notes to the Financial Statements for the Period from 1 April 2020 to 31 December 2020
Taxation |
Tax charged in the profit and loss account:
1 April 2020 to 31 December |
Year ended 31 March |
|
Current taxation |
||
UK corporation tax |
|
|
The tax on profit before tax for the period is lower than the standard rate of corporation tax in the UK (2020 - lower than the standard rate of corporation tax in the UK) of
The differences are reconciled below:
1 April 2020 to 31 December |
Year ended 31 March |
|
Profit before tax |
|
|
Corporation tax at standard rate |
|
|
Effect of tax losses |
- |
( |
Tax increase from effect of capital allowances and depreciation |
|
|
Tax decrease from effect of dividends from UK companies |
( |
( |
Total tax charge |
|
|
Starpoint Holdings Limited
Notes to the Financial Statements for the Period from 1 April 2020 to 31 December 2020
Intangible assets |
Goodwill |
Total |
|
Cost or valuation |
||
At 1 April 2020 |
|
|
Disposals |
( |
( |
At 31 December 2020 |
- |
- |
Amortisation |
||
At 1 April 2020 |
|
|
Amortisation charge |
|
|
Amortisation eliminated on disposals |
( |
( |
At 31 December 2020 |
- |
- |
Carrying amount |
||
At 31 December 2020 |
- |
- |
At 31 March 2020 |
|
|
Investments |
31 December 2020 |
31 March 2020 |
|
Investments in subsidiaries |
|
|
Subsidiaries |
£ |
Cost or valuation |
|
At 1 April 2020 |
|
Disposals |
( |
At 31 December 2020 |
|
Carrying amount |
|
At 31 December 2020 |
|
At 31 March 2020 |
|
Starpoint Holdings Limited
Notes to the Financial Statements for the Period from 1 April 2020 to 31 December 2020
Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
||||
2020 |
2020 |
||||||
Subsidiary undertakings |
|||||||
|
Unit 16
United Kingdom |
|
|
|
|||
|
Unit 16
United Kingdom |
|
|
|
|||
|
Unit 16
United Kingdom |
|
|
|
Starpoint Holdings Limited
Notes to the Financial Statements for the Period from 1 April 2020 to 31 December 2020
Subsidiary undertakings |
Elmhurst Energy Systems Limited The principal activity of Elmhurst Energy Systems Limited is |
Elmhurst Energy Services Limited The principal activity of Elmhurst Energy Services Limited is |
Independent Airtightness Testing Scheme Ltd The principal activity of Independent Airtightness Testing Scheme Ltd is |
Disposal of subsidiary |
Debtors |
Note |
31 December 2020 |
31 March 2020 |
|
Amounts owed by related parties |
|
- |
|
Other debtors |
|
|
|
511,803 |
233,302 |
Cash and cash equivalents |
31 December 2020 |
31 March 2020 |
|
Cash at bank |
|
|
Starpoint Holdings Limited
Notes to the Financial Statements for the Period from 1 April 2020 to 31 December 2020
Creditors |
Note |
31 December 2020 |
31 March 2020 |
|
Due within one year |
|||
Amounts due to related parties |
|
|
|
Accrued expenses |
|
- |
|
Income tax liability |
296 |
764 |
|
|
|
Share capital |
Allotted, called up and fully paid shares
31 December |
31 March |
|||
No. |
£ |
No. |
£ |
|
|
|
1,053 |
|
1,000 |
New shares allotted
During the period 53 |
Rights, preferences and restrictions
Ordinary shares have the following rights, preferences and restrictions: |
Starpoint Holdings Limited
Notes to the Financial Statements for the Period from 1 April 2020 to 31 December 2020
Reserves |
Share capital
The share capital reserve represents the par value of share issues that have been made since incorporation.
Share premium
The share premium reserve represents the excess contribution paid for share capital over and above the par value of the shares issued.
Profit and loss account
The profit and loss account reserve represents accumulated comprehensive income for the period and prior periods.
Related party transactions |
Transactions with directors |
2020 |
At 1 April 2020 |
Advanced |
Repaid |
At 31 December 2020 |
S. J. O'Hara |
||||
Director's loan |
|
|
( |
- |
2020 |
At 1 April 2019 |
Advances to directors |
Repayments by director |
At 31 March 2020 |
S. J. O'Hara |
||||
Director's loan |
|
|
( |
|
Summary of transactions with parent
During the year Starpoint Holdings Limited paid management charges amounting to £20,833 to its immediate parent company. At the period end Starpoint Holdings Limited owed £25,000 to its immediate parent company.
Starpoint Holdings Limited
Notes to the Financial Statements for the Period from 1 April 2020 to 31 December 2020
Summary of transactions with subsidiaries
Parent and ultimate parent undertaking |
The company's immediate parent is
The ultimate parent is
The most senior parent entity producing publicly available financial statements is
The parent of the largest group in which these financial statements are consolidated is