Stagefirst Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03270897 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

STAGEFIRST LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr J T Green

REGISTERED OFFICE:

Rendel Streel

Grimsby

North East Lincs

DN31 1SF

REGISTERED NUMBER:

03270897 (England and Wales)

ACCOUNTANTS:

Blow Abbott Limited

36 High Street

Cleethorpes

North East Lincs

DN35 8JN

FIXED ASSETS

Investments

2

1

1

Investment property

3

595,069

595,069

595,070

595,070

CURRENT ASSETS

Debtors

81,099

81,099

Cash at bank

-

271

81,099

81,370

CREDITORS

Amounts falling due within one year

627,469

624,274

NET CURRENT LIABILITIES

(546,370

)

(542,904

)

TOTAL ASSETS LESS CURRENT LIABILITIES

48,700

52,166

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Profit and loss account

47,700

51,166

SHAREHOLDERS' FUNDS

48,700

52,166

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 30 September 2015 and were signed by:

Mr J T Green - 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).

Investment property

Investment properties are shown at their most recent valuation. Any aggregate surplus or deficit

arising from changes in market value is transferred to a revaluation reserve, except that a deficit

which is expected to be permanent and which is in excess of any previously recognised surplus over

cost relating to the same property, or the reversal of such deficit, is charged (or credited) to the profit

and loss account. Depreciation is not provided in respect of freehold investment properties or in

respect of leasehold investment properties where the unexpired term of the lease is more than twenty

years. The directors consider that this accounting policy which represents a departure from the

statutory accounting rules, is necessary to provide a true and fair view as required under SSAP 19 "

Accounting for investment properties ". The financial effect of the departure from the statutory

accounting rules is not material.

Deferred tax

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

the balance sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2014

and 31 December 2014

1

NET BOOK VALUE

At 31 December 2014

1

At 31 December 2013

1

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 January 2014

and 31 December 2014

595,069

NET BOOK VALUE

At 31 December 2014

595,069

At 31 December 2013

595,069

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

as restated

£

£

1,000

Ordinary

£1

1,000

1,000