Super Star Designs Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 11909306 (England and Wales)

SUPER STAR DESIGNS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Directors:

J B Farrow

A B Ciccarelli

Registered office:

Unit 44

Ambition Broxbourne Business Centre

Hoddesdon

Hertfordshire

EN11 0FJ

Registered number:

11909306 (England and Wales)

Accountants:

Roberts & Co

Chartered Accountants

2 Tower House

Hoddesdon

Hertfordshire

EN11 8UR

Fixed assets

Tangible assets

4

1,406

368

Current assets

Debtors

5

1,665

2,100

Cash at bank

623

2,508

2,288

4,608

Creditors

Amounts falling due within one year

6

450

93

Net current assets

1,838

4,515

Total assets less current liabilities

3,244

4,883

Creditors

Amounts falling due after more than one year

7

13,406

11,893

Net liabilities

(10,162

)

(7,010

)

Capital and reserves

Called up share capital

10

10

Retained earnings

(10,172

)

(7,020

)

Shareholders' funds

(10,162

)

(7,010

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 21 June 2023 and were signed on its behalf by:

J B Farrow - Director

1.	Statutory information

Super Star Designs Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 April 2022

491

Additions

1,507

At 31 March 2023

1,998

Depreciation

At 1 April 2022

123

Charge for year

469

At 31 March 2023

592

Net book value

At 31 March 2023

1,406

At 31 March 2022

368

5.

Debtors: amounts falling due within one year

2023

2022

£

£

Trade debtors

910

612

Other debtors

755

1,488

1,665

2,100

6.

Creditors: amounts falling due within one year

2023

2022

£

£

PAYE control account

120

-

Wages control account

300

-

Accrued expenses

30

93

450

93

7.

Creditors: amounts falling due after more than one year

2023

2022

£

£

Directors' loan accounts

13,406

11,893