5 Star Despatch (1995) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03035359 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

5 Star Despatch (1995) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P Stearn

SECRETARY:

Mrs M C Stearn

REGISTERED OFFICE:

145 Colney Road

Dartford

Kent

DA1 1TG

REGISTERED NUMBER:

03035359 (England and Wales)

ACCOUNTANTS:

AW Accounting

12 Chequers Close

Istead Rise

Gravesend

Kent

DA13 9HJ

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

4,067

4,887

4,067

4,887

CURRENT ASSETS

Debtors

60,379

45,375

Cash at bank and in hand

6,060

14,789

66,439

60,164

CREDITORS

Amounts falling due within one year

60,484

57,353

NET CURRENT ASSETS

5,955

2,811

TOTAL ASSETS LESS CURRENT LIABILITIES

10,022

7,698

PROVISIONS FOR LIABILITIES

617

723

NET ASSETS

9,405

6,975

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

9,305

6,875

SHAREHOLDERS' FUNDS

9,405

6,975

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 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 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 director on 16 July 2015 and were signed by:

P Stearn - Director

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 net invoiced sales of services, excluding value added tax. Turnover is recognised on

completion of each despatch.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of five years.

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 reducing balance

Deferred tax

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

balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

40,193

AMORTISATION

At 1 January 2014

and 31 December 2014

40,193

NET BOOK VALUE

At 31 December 2014

-

At 31 December 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

21,545

Additions

611

Disposals

(1,764

)

At 31 December 2014

20,392

DEPRECIATION

At 1 January 2014

16,658

Charge for year

1,375

Eliminated on disposal

(1,708

)

At 31 December 2014

16,325

NET BOOK VALUE

At 31 December 2014

4,067

At 31 December 2013

4,887

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

100

Ordinary

£1

100

100