Star Project Sussex Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05377870 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30th November 2013

for

Star Project Sussex Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

E J Horrocks

Ms M A P Kemp

SECRETARY:

Ms M A P Kemp

REGISTERED OFFICE:

111a Station Road,

West Wickham

Kent

BR4 0PX

REGISTERED NUMBER:

05377870 (England and Wales)

ACCOUNTANTS:

Daniels & Co (Accountants) Limited

Chartered Accountants

111a Station Road

West Wickham

Kent

BR4 0PX

FIXED ASSETS

Intangible assets

2

31,800

34,450

Tangible assets

3

1,007

2,068

32,807

36,518

CURRENT ASSETS

Debtors

4,752

3,300

Cash at bank and in hand

258

518

5,010

3,818

CREDITORS

Amounts falling due within one year

7,880

5,378

NET CURRENT LIABILITIES

(2,870

)

(1,560

)

TOTAL ASSETS LESS CURRENT LIABILITIES

29,937

34,958

CREDITORS

Amounts falling due after more than one year

(21,482

)

(31,880

)

PROVISIONS FOR LIABILITIES

(101

)

(314

)

NET ASSETS

8,354

2,764

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

8,254

2,664

SHAREHOLDERS' FUNDS

8,354

2,764

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2013 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 26th August 2014 and were signed on its behalf by:

E J Horrocks - 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 income arising on the use of intellectual property.

Depreciation

The intellectual property is amortised at 5% per annum on cost.

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

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 1st December 2012

and 30th November 2013

53,000

AMORTISATION

At 1st December 2012

18,550

Amortisation for year

2,650

At 30th November 2013

21,200

NET BOOK VALUE

At 30th November 2013

31,800

At 30th November 2012

34,450

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st December 2012

3,769

Additions

273

At 30th November 2013

4,042

DEPRECIATION

At 1st December 2012

1,701

Charge for year

1,334

At 30th November 2013

3,035

NET BOOK VALUE

At 30th November 2013

1,007

At 30th November 2012

2,068

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

100

Ordinary £1 shares

£1

100

100