STERLING CROFT LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01935682 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2019

for

STERLING CROFT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N Smith

SECRETARY:

M S Basi

REGISTERED OFFICE:

17 Pindock Mews

London

W9 2PY

REGISTERED NUMBER:

01935682 (England and Wales)

ACCOUNTANTS:

Creasey Alexander & Co

Statutory Auditors

Parkgate House

33a Pratt Street

London

NW1 0BG

FIXED ASSETS

Tangible assets

3

3

3

CURRENT ASSETS

Debtors

4

4,087

705

Cash at bank and in hand

11,143

17,866

15,230

18,571

CREDITORS

Amounts falling due within one year

5

66,506

70,471

NET CURRENT LIABILITIES

(51,276

)

(51,900

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(51,273

)

(51,897

)

CAPITAL AND RESERVES

Called up share capital

605,000

605,000

Retained earnings

(656,273

)

(656,897

)

SHAREHOLDERS' FUNDS

(51,273

)

(51,897

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 27 November 2019 and were signed by:

N Smith - Director

1.	STATUTORY INFORMATION

STERLING CROFT 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.

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 cost, 20% on cost and 10% on cost

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2018

and 28 February 2019

19,103

DEPRECIATION

At 1 March 2018

and 28 February 2019

19,100

NET BOOK VALUE

At 28 February 2019

3

At 28 February 2018

3

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.19

28.2.18

£

£

Trade debtors

4,087

-

Other debtors

-

705

4,087

705

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.19

28.2.18

£

£

Other creditors

66,506

70,471