Sterling Partnership Limited - Limited company - abbreviated - 11.6

Sterling Partnership Limited - Limited company - abbreviated - 11.6

STERLING PARTNERSHIP LIMITED - Company Information

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REGISTERED NUMBER: 04645697 (England and Wales)












Abbreviated Unaudited Accounts

for the Year Ended 31 December 2014

for

Sterling Partnership Limited

Sterling Partnership Limited (Registered number: 04645697)






Contents of the Abbreviated Accounts
for the Year Ended 31 December 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Sterling Partnership Limited

Company Information
for the Year Ended 31 December 2014







DIRECTORS: R L Peck
Mrs J M Peck





SECRETARY: Ms E M Fee





REGISTERED OFFICE: 9 Flemingate
Beverley
East Yorkshire
HU17 0NP





REGISTERED NUMBER: 04645697 (England and Wales)





ACCOUNTANTS: Try Lunn & Co
Chartered Accountants
Roland House
Princes Dock Street
HULL HU1 2LD
Page 1
Sterling Partnership Limited (Registered number: 04645697)

Abbreviated Balance Sheet
31 December 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 2,410 3,506

CURRENT ASSETS
Debtors 7,688 18,700
Cash at bank 87,048 77,626
94,736 96,326
CREDITORS
Amounts falling due within one year 21,343 29,715
NET CURRENT ASSETS 73,393 66,611
TOTAL ASSETS LESS CURRENT
LIABILITIES
75,803
70,117

PROVISIONS FOR LIABILITIES - 325
NET ASSETS 75,803 69,792

CAPITAL AND RESERVES
Called up share capital 3 200 200
Capital redemption reserve 400 400
Profit and loss account 75,203 69,192
SHAREHOLDERS' FUNDS 75,803 69,792

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 7 May 2015 and were signed on its behalf by:




R L Peck - Director


The notes form part of these abbreviated accounts

Page 2
Sterling Partnership Limited (Registered number: 04645697)

Notes to the Abbreviated Accounts
for the Year Ended 31 December 2014

1. ACCOUNTING POLICIES

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

Turnover
Turnover represents commissions received and fees earned in the year.

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 - 33% on cost, 25% on cost and 10% on cost

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

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 the profit and loss account in the period to which they relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2014 23,113
Additions 157
Disposals (7,248 )
At 31 December 2014 16,022
DEPRECIATION
At 1 January 2014 19,607
Charge for year 1,136
Eliminated on disposal (7,131 )
At 31 December 2014 13,612
NET BOOK VALUE
At 31 December 2014 2,410
At 31 December 2013 3,506

3. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2014 2013
value: £    £   
100 A Ordinary £1 100 100
100 B Ordinary £1 100 100
200 200

Page 3 continued...
Sterling Partnership Limited (Registered number: 04645697)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 December 2014

3. CALLED UP SHARE CAPITAL - continued

In the event of a winding up of the company the assets of the company remaining after payment of its debts and
liabilities shall be applied in the following manner and order of priority:

First, in paying to the holders of the 'A' Ordinary and 'B' Ordinary shares an amount per share equal to the sum
paid up or credited as paid up thereon;

Second, the balance of such assets shall belong to and be distributed amongst the holders of the 'A' Ordinary
shares in proportion to the amounts paid up or credited as paid up thereon.

Page 4