Abbreviated Company Accounts - STONYBROOK LIMITED

STONYBROOK LIMITED - Company Information

03235004 STONYBROOK LIMITED 2014-12-30 false 2013-12-31 2014-12-30 true 03235004 2013-12-31 2014-12-30 03235004 2014-12-30 03235004 2013-12-30 03235004 uk-gaap-cd-bus:Director1 2013-12-31 2014-12-30 03235004 uk-gaap-cd-bus:Director2 2013-12-31 2014-12-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 2014-12-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-30 iso4217:GBP shares

Registered Number 03235004

STONYBROOK LIMITED

Abbreviated Accounts

30 December 2014

STONYBROOK LIMITED Registered Number 03235004

Abbreviated Balance Sheet as at 30 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Investments	2	337	337
		337	337
Current assets
Cash at bank and in hand		244	-
		244	-
Creditors: amounts falling due within one year		(29,758)	(28,197)
Net current assets (liabilities)		(29,514)	(28,197)
Total assets less current liabilities		(29,177)	(27,860)
Total net assets (liabilities)		(29,177)	(27,860)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(29,178)	(27,861)
Shareholders' funds		(29,177)	(27,860)

For the year ending 30 December 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.

Approved by the Board on 29 September 2015

And signed on their behalf by:
R D Tolfts, Director

STONYBROOK LIMITED Registered Number 03235004

Notes to the Abbreviated Accounts for the period ended 30 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Other accounting policies
Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Going Concern
The company is dependent on the continued support of its associated company in its ability to continue as a going concern. The associated company has provided the company with a loan without any formal repayment terms. The directors of the associated company have confirmed that the loan will not be repaid until the company has sufficient funds in place to do so, on this basis the directors consider that it is appropriate for the financial statements to be prepared on a going concern basis.

Investments

Fixed asset investments are stated at cost less provision for permanent diminution in value.

2Fixed assets Investments
Cost
At 31st December 2013 and 30th December 2014 £337

Net Book Value
At 30th December 2014 £337
At 30th December 2013 £337

The company owns 30% of the issued share capital of the company listed below.

2014 2013
S.C.I Chatillon - Capital & Reserves €179,332 €(74,452)

S.C.I Chatillon - Loss for the year €253,784 €(10,880)

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1