Abbreviated Company Accounts - ROXYSTAR LIMITED

Registered Number 04968386

ROXYSTAR LIMITED

Abbreviated Accounts

31 December 2014

ROXYSTAR LIMITED Registered Number 04968386

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Investments	2	154,000	154,000
		154,000	154,000
Current assets
Debtors		9,854	9,854
Cash at bank and in hand		1,799	4,120
		11,653	13,974
Creditors: amounts falling due within one year		(48,322)	(50,925)
Net current assets (liabilities)		(36,669)	(36,951)
Total assets less current liabilities		117,331	117,049
Total net assets (liabilities)		117,331	117,049
Capital and reserves
Called up share capital		154,001	154,001
Profit and loss account		(36,670)	(36,952)
Shareholders' funds		117,331	117,049

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 25 September 2015

And signed on their behalf by:
B C A Stinton, Director

ROXYSTAR LIMITED Registered Number 04968386

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.

2Fixed assets Investments
Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.
Although this accounting policy is in accordance with the applicable accounting standard, SSAP 19, Accounting for investment properties, it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the director compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.