Stellar Energy Advisors Group Limited - Accounts to registrar (filleted) - small 23.1.5

REGISTERED NUMBER: 09873530 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2023

for

Stellar Energy Advisors Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S R Winter

D Fassom

T M Perkins

SECRETARY:

S R Winter

REGISTERED OFFICE:

Salisbury House

London Wall

London

EC2M 5QQ

REGISTERED NUMBER:

09873530 (England and Wales)

ACCOUNTANTS:

Nizar Kanji & Co

18 The Fairway

Northwood

Middlesex

HA6 3DY

FIXED ASSETS

Tangible assets

4

1,929

-

CURRENT ASSETS

Debtors

5

63,618

97,749

Cash at bank

172,167

253,503

235,785

351,252

CREDITORS

Amounts falling due within one year

6

31,357

82,920

NET CURRENT ASSETS

204,428

268,332

TOTAL ASSETS LESS CURRENT LIABILITIES

206,357

268,332

CAPITAL AND RESERVES

Called up share capital

7

150

150

Retained earnings

206,207

268,182

SHAREHOLDERS' FUNDS

206,357

268,332

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 16 October 2023 and were signed on its behalf by:

S R Winter - Director

1.	STATUTORY INFORMATION

Stellar Energy Advisors Group Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Changes in accounting policies

The principal accounting policies adopted in the preparation of the financial statements have remained unchanged from the previous year and have been consistently applied within the same accounts.

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.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 5 (2022 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

2,267

At 31 January 2023

2,267

DEPRECIATION

Charge for year

338

At 31 January 2023

338

NET BOOK VALUE

At 31 January 2023

1,929

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

9,156

22,702

Other debtors

31,062

52,564

Office deposit

7,893

-

VAT

2,697

5,671

Prepayments

12,810

16,812

63,618

97,749

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

5,470

28,406

Corporation tax

13,400

36,500

Social security and other taxes

6,989

5,602

Accrued expenses

5,498

12,412

31,357

82,920

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

150

Ordinary

1

150

150

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

An interest bearing loan of £30,896 was due from a Director at 31 January 2023. (2022 £52,564)