STOR 125 LTD - Period Ending 2018-05-31
STOR 125 LTD - Period Ending 2018-05-31
Period from 1 October 2017 to
Registration number:
STOR 125 LTD
Contents
|
Company Information |
|
|
Balance Sheet |
|
|
Notes to the Financial Statements |
STOR 125 LTD
Company Information
|
Director |
Mr J L Antoniou |
|
Registered office |
|
|
Accountants |
|
|
Page 1 |
STOR 125 LTD
Balance Sheet
31 May 2018
|
Note |
31 May |
30 September |
|
|
Fixed assets |
|||
|
Tangible assets |
|
|
|
|
Current assets |
|||
|
Debtors |
|
- |
|
|
Cash at bank and in hand |
|
- |
|
|
|
- |
||
|
Creditors: Amounts falling due within one year |
( |
( |
|
|
Net current liabilities |
( |
( |
|
|
Total assets less current liabilities |
( |
|
|
|
Creditors: Amounts falling due after more than one year |
- |
( |
|
|
Net liabilities |
( |
( |
|
|
Capital and reserves |
|||
|
Called up share capital |
|
|
|
|
Profit and loss account |
( |
( |
|
|
Total equity |
( |
( |
|
Page 2 |
STOR 125 LTD
Balance Sheet
31 May 2018
For the financial period ending 31 May 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
|
• |
|
|
• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
|
......................................... |
Company Registration Number: 10132589
|
Page 3 |
STOR 125 LTD
Notes to the Financial Statements
Period from 1 October 2017 to 31 May 2018
|
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
The principal place of business is:
Woodlands Business Park
Somerset Energy Innovation Centre
Bristol Rd
Bridgwater
Somerset
TA6 4FJ
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 have been prepared in accordance with Financial Reporting Standard 102 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' including Section 1A and the Companies Act 2006.
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.
Going concern
The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. This depends on the continued financial support of its parent company.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
|
Page 4 |
STOR 125 LTD
Notes to the Financial Statements
Period from 1 October 2017 to 31 May 2018
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
|
Asset class |
Depreciation method and rate |
|
Site development costs |
Depreciation to take effect once construction is complete |
Financial instruments
Classification
• Short term trade and other debtors and creditors;
• Cash and bank balances.
All financial instruments are classified as basic.
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
|
Page 5 |
STOR 125 LTD
Notes to the Financial Statements
Period from 1 October 2017 to 31 May 2018
|
Tangible assets |
|
Assets under construction |
Total |
|
|
Cost or valuation |
||
|
At 1 October 2017 |
|
|
|
Additions |
|
|
|
At 31 May 2018 |
|
|
|
Carrying amount |
||
|
At 31 May 2018 |
|
|
|
At 30 September 2017 |
|
|
|
Debtors |
|
31 May |
|
|
Other debtors |
|
|
|
|
Creditors |
Creditors: amounts falling due within one year
|
31 May |
30 September 2017 |
|
|
Due within one year |
||
|
Loans and borrowings |
- |
|
|
Trade creditors |
- |
|
|
Amounts due to group undertakings |
|
- |
|
|
|
|
Page 6 |
STOR 125 LTD
Notes to the Financial Statements
Period from 1 October 2017 to 31 May 2018
Creditors: amounts falling due after more than one year
|
31 May |
30 September |
|
|
Due after one year |
||
|
Amounts due to group undertakings |
- |
|
|
Share capital |
Allotted, called up and fully paid shares
|
31 May |
30 September |
|||
|
No. |
£ |
No. |
£ |
|
|
|
|
1 |
|
1 |
|
Page 7 |