START2STOP_LIMITED - Accounts

START2STOP LIMITED - Company Information

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Company Registration No. 07371552 (England and Wales)

START2STOP LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014

START2STOP LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

2,246,186

2,294,303

Current assets

Debtors

22,981

37,470

Cash at bank and in hand

329,999

134,876

352,980

172,346

Creditors: amounts falling due within one year

(239,677)

(182,525)

Net current assets/(liabilities)

113,303

(10,179)

Total assets less current liabilities

2,359,489

2,284,124

Creditors: amounts falling due after more than one year

(1,485,474)

(1,533,111)

874,015

751,013

Capital and reserves

Called up share capital

1,900

Share premium account

517,296

Profit and loss account

354,819

231,817

Shareholders' funds

874,015

751,013

START2STOP LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 SEPTEMBER 2014

- 2 -

For the financial year ended 30 September 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 30 January 2015

C Duff Gordon

W Duff Gordon

Director

Company Registration No. 07371552

START2STOP LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

Land and Buildings are depreciated over 50 years.

Computer equipment

Over four years on a straight line basis

Fixtures, fittings & equipment

Over four years on a straight line basis

Fixed assets

Tangible assets

Cost

At 1 October 2013

2,356,143

Additions

17,335

At 30 September 2014

2,373,478

Depreciation

At 1 October 2013

61,840

Charge for the year

65,452

At 30 September 2014

127,292

Net book value

At 30 September 2014

2,246,186

At 30 September 2013

2,294,303

START2STOP LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2014

- 4 -

Creditors: amounts falling due after more than one year

2014

2013

Analysis of loans repayable in more than five years

Total amounts repayable by instalments which are due in more than five years

1,282,418

1,335,088

Share capital

2014

2013

Allotted, called up and fully paid

1,900 Ordinary shares of £1 each

1,900