Abbreviated Company Accounts - ANSTAKE LIMITED

02885767 ANSTAKE LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 02885767 2014-01-01 2014-12-31 02885767 2014-12-31 02885767 2013-12-31 02885767 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 02885767 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 02885767

ANSTAKE LIMITED

Abbreviated Accounts

31 December 2014

ANSTAKE LIMITED Registered Number 02885767

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Investments	2	5,000	5,000
		5,000	5,000
Current assets
Cash at bank and in hand		5,981	5,981
		5,981	5,981
Net current assets (liabilities)		5,981	5,981
Total assets less current liabilities		10,981	10,981
Total net assets (liabilities)		10,981	10,981
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		9,981	9,981
Shareholders' funds		10,981	10,981

For the year ending 31 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 30 September 2015

And signed on their behalf by:
J K Farrell, Director

ANSTAKE LIMITED Registered Number 02885767

Notes to the Abbreviated Accounts for the period ended 31 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
Consolidation
In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts.

Cash flow statement
Under FRS1, the company is exempt from the requirement to prepare a cash flow on the grounds that it is a wholly owned subsidiary of Anstake Holdings Limited.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

PARENT UNDERTAKING
The company's ultimate parent undertaking as at 31 December 2014 was Anstake Holdings Limited.
Copies of the accounts of Anstake Holdings Limited will be available at 17th Floor Millbank Tower, 21-24 Millbank, London SW1P 4QP and Companies House.

2Fixed assets Investments
COST
At 1 January 2014 and 31 December 2014: 5,000
======================================

NET BOOK VALUE
At 31 December 2014: 5,000
==========================
At 31 December 2013: 5,000
==========================

The company held 74.9% of the share capital of The Sterling Credit Group Limited at 31 December 2014. The subsidiary is incorporated in Great Britain and registered in England and Wales. The subsidiary is an investment holding company.

During the year ended 31 December 2014, The Sterling Credit Group Limited made a profit of £1,634,822 and it's net assets were £3,113,620 as at 31 December 2014.

In the opinion of the directors, the investment in the subsidiary is worth at least the amount at which it is stated in the balance sheet.

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

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000