STERLING TRUCKS LIMITED Accounts filed on 30-06-2014

STERLING TRUCKS LIMITED Accounts filed on 30-06-2014

STERLING TRUCKS LIMITED - Company Information

Print Friendly Version

105,208 180,315 false true true true 2013-07-01 2014-06-30 2014-06-30 true SC197651 2013-07-01 2014-06-30 SC197651 2012-07-01 2013-06-30 SC197651 2014-06-30 SC197651 2013-06-30 SC197651 2013-06-30 SC197651 2012-06-30 SC197651 uk-bus:Director1 2013-07-01 2014-06-30 SC197651 uk-bus:Director1 2013-07-01 SC197651 uk-bus:Director1 2014-06-30 SC197651 uk-bus:CompanySecretary 2013-07-01 2014-06-30 SC197651 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2013-07-01 2014-06-30 SC197651 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2012-07-01 2013-06-30 SC197651 uk-gaap:LeasedTangibleFixedAssets 2013-07-01 2014-06-30 SC197651 uk-gaap:LeasedTangibleFixedAssets 2012-07-01 2013-06-30 SC197651 uk-gaap:NetGoodwill 2013-07-01 2014-06-30 SC197651 uk-gaap:NetGoodwill 2012-07-01 2013-06-30 SC197651 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-07-01 2014-06-30 SC197651 uk-gaap:IntangibleAssetsOtherThanGoodwill 2012-07-01 2013-06-30 SC197651 uk-bus:AllEntityOfficers 2013-07-01 2014-06-30 SC197651 uk-bus:AllEntityOfficers 2012-07-01 2013-06-30 SC197651 uk-bus:AllOrdinaryShares 2013-07-01 2014-06-30 SC197651 uk-bus:AllOrdinaryShares 2014-06-30 SC197651 uk-bus:AllOrdinaryShares 2012-07-01 2013-06-30 SC197651 uk-bus:AllOrdinaryShares 2013-06-30 SC197651 uk-bus:AllPreferenceShares 2013-07-01 2014-06-30 SC197651 uk-bus:AllPreferenceShares 2014-06-30 SC197651 uk-bus:AllPreferenceShares 2012-07-01 2013-06-30 SC197651 uk-bus:AllPreferenceShares 2013-06-30 SC197651 uk-gaap:NetGoodwill 2014-06-30 SC197651 uk-gaap:NetGoodwill 2013-06-30 SC197651 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-06-30 SC197651 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-06-30 SC197651 uk-gaap:LandBuildings 2014-06-30 SC197651 uk-gaap:LandBuildings 2013-07-01 2014-06-30 SC197651 uk-gaap:LandBuildings 2013-06-30 SC197651 uk-gaap:PlantMachinery 2014-06-30 SC197651 uk-gaap:PlantMachinery 2013-07-01 2014-06-30 SC197651 uk-gaap:PlantMachinery 2013-06-30 SC197651 uk-gaap:FixturesFittings 2014-06-30 SC197651 uk-gaap:FixturesFittings 2013-07-01 2014-06-30 SC197651 uk-gaap:FixturesFittings 2013-06-30 SC197651 uk-gaap:MotorVehicles 2014-06-30 SC197651 uk-gaap:MotorVehicles 2013-07-01 2014-06-30 SC197651 uk-gaap:MotorVehicles 2013-06-30 SC197651 uk-gaap:OfficeEquipment 2014-06-30 SC197651 uk-gaap:OfficeEquipment 2013-07-01 2014-06-30 SC197651 uk-gaap:OfficeEquipment 2013-06-30 SC197651 uk-bus:RegisteredOffice 2013-07-01 2014-06-30 SC197651 uk-gaap:WithinOneYear 2014-06-30 SC197651 uk-gaap:WithinOneYear 2013-06-30 SC197651 uk-gaap:AfterOneYear 2014-06-30 SC197651 uk-gaap:AfterOneYear 2013-06-30 SC197651 uk-gaap:BetweenOneFiveYears 2014-06-30 SC197651 uk-gaap:BetweenOneFiveYears 2013-06-30 SC197651 uk-gaap:MoreThanFiveYears 2014-06-30 SC197651 uk-gaap:MoreThanFiveYears 2013-06-30 iso4217:GBP xbrli:pure xbrli:shares

STERLING TRUCKS LIMITED




Company Registration Number:
SC197651 (Scotland)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st July 2013

End date: 30th June 2014

SUBMITTED

STERLING TRUCKS LIMITED

Company Information
for the Period Ended 30th June 2014




Director: ANDREW DUFF
Company secretary: JOHN BUCHANAN
Registered office: Glenside Culbowie Road
Buchlyvie
Stirling
FK8 3NY
Company Registration Number: SC197651 (Scotland)

STERLING TRUCKS LIMITED

Abbreviated Balance sheet
As at 30th June 2014

Notes 2014
£		 2013
£
Fixed assets
Tangible assets: 4 199,214 333,346
Total fixed assets: 199,214 333,346
Current assets
Debtors: 22,215 66,368
Cash at bank and in hand: 64,306 77,923
Total current assets: 86,521 144,291
Creditors
Creditors: amounts falling due within one year 5 94,495 150,463
Net current assets (liabilities): ( 7,974 ) ( 6,172 )
Total assets less current liabilities: 191,240 327,174
Creditors: amounts falling due after more than one year: 6 105,208 180,315
Total net assets (liabilities): 86,032 146,859

The notes form part of these financial statements

STERLING TRUCKS LIMITED

Abbreviated Balance sheet
As at 30th June 2014
continued

Notes 2014
£		 2013
£
Capital and reserves
Called up share capital: 7 2 2
Profit and Loss account: 86,030 146,857
Total shareholders funds: 86,032 146,859

For the year ending 30 June 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 02 March 2015

SIGNED ON BEHALF OF THE BOARD BY:

Name: ANDREW DUFF
Status: Director

The notes form part of these financial statements

STERLING TRUCKS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 30th June 2014

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    THE FINANCIAL STATEMENTS HAVE BEEN PREPARED UNDER THE HISTORICAL COST CONVENTION AND IN ACCORDANCE WITH THE FINANCIAL REPORTING STANDARD FOR SMALLER ENTITIES

    Turnover policy

    TURNOVER REPRESENTS THE VALUE OF ALL CONTRACT HIRE SERVICES EXCLUSIVE OF VALUE ADDED TAX

    Tangible fixed assets depreciation policy

    TANGIBLE FIXED ASSETS ARE RECORDED AT COST AND DEPRECIATED TO WRITE OFF COST LESS RESIDUAL VALUE OVER EXPECTED USEFUL LIFE AT 20% OR 40% STRAIGHT LINE BASIS

    Other accounting policies

    ASSETS HELD UNDER HIRE PURCHASE ARE CAPITALISED IN THE BALANCE SHEET AND INTEREST ELEMENT OF FINANCE PAYMENTS ARE CHARGED TO THE PROFIT AND LOSS ACCOUNT ON STRAIGHT LINE BASIS

STERLING TRUCKS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 30th June 2014

  • 4. Tangible assets

    Total
    Cost £
    At 01st July 2013: 486,570
    Additions: 20,000
    Disposals: 106,000
    At 30th June 2014: 400,570
    Depreciation
    At 01st July 2013: 153,224
    Charge for year: 97,821
    On disposals: 49,689
    At 30th June 2014: 201,356
    Net book value
    At 30th June 2014: 199,214
    At 30th June 2013: 333,346

STERLING TRUCKS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 30th June 2014

  • 5. Creditors: amounts falling due within one year

    2014
    £     		2013
    £
    Amounts due under finance leases and hire purchase contracts: 67,749 108,936
    Trade creditors: 4,124 4,124
    Taxation and social security: 9,467 16,879
    Other creditors: 13,155 20,524
    Total: 94,495 150,463

    THE COMPANY HAS GIVEN SECURITY OVER THE HIRE PURCHASE CREDITORS

STERLING TRUCKS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 30th June 2014

  • 6. Creditors: amounts falling due after more than one year

    2014
    £     		2013
    £
    Amounts due under finance leases and hire purchase contracts: 105,208 180,315
    Total: 105,208 180,315

    THE COMPANY HAS GIVEN SECURITY OVER THE HIRE PURCHASE CREDITORS

STERLING TRUCKS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 30th June 2014

  • 7. Called up share capital

    Allotted, called up and paid

    Previous period 2013
    Class Number of shares Nominal value per share Total
    Ordinary shares: 2 1.00
    1.00
    		2
    Total share capital: 2
    Current period 2014
    Class Number of shares Nominal value per share Total
    Ordinary shares: 2 1.00
    1.00
    		2
    Total share capital: 2