Star World Investments Ltd,Ltd - Accounts


2014-04-14 true false Private Limited Company 08995369 2015-04-30 08995369 2014-04-14 2015-04-30 08995369 uk-bus:Director1 2014-04-14 2015-04-30 08995369 uk-gaap:InvestmentProperties 2014-04-14 2015-04-30 08995369 uk-gaap:AfterOneYear 2015-04-30 08995369 uk-bus:OrdinaryShareClass1 2014-04-14 2015-04-30 iso4217:GBP
Star World Investments Ltd
For the period ended 30 April 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 08995369
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Contents Page
Star World Investments Ltd
For the period ended 30 April 2015
1
Balance Sheet
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Notes to the Abbreviated Financial Statements
3
Abbreviated Balance Sheet
Star World Investments Ltd
As at 30 April 2015
08995369
Registered Number :
£
2015
Notes
Fixed assets
Tangible assets
2
1,325,390
1,325,390
Current assets
Debtors
21,900
Cash at bank and in hand
3,005
24,905
Creditors: amounts falling due within one year
(36,580)
(11,675)
Net current liabilities
Total assets less current liabilities
1,313,715
Creditors: amounts falling due after more than one year
4
(1,294,841)
18,874
Net assets/liabilities
Capital and reserves
Called up share capital
100
5
Profit and loss account
18,774
18,874
Shareholders funds
For the period ended 30 April 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476;
2) 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.
Date approved by the board: 12 October 2015
Mr Arinder Grover Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
Star World Investments Ltd
For the period ended 30 April 2015
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover represents rents receivable.
Tangible fixed assets
Tangible fixed assets, other than leasehold property, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
0% Straight line
Investment properties
Investment properties are included in the balance sheet at their open market value at the balance sheet date.
The resulting aggregate surplus or deficit is transferred to a revaluation reserve. 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 Financial Reporting Standard for Smaller Entities
(effective April 2008), 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 directors 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.
2 Tangible fixed assets
Tangible
fixed assets
Cost or valuation
£
1,325,390
Additions
At 30 April 2015
1,325,390
Net book values
At 30 April 2015
1,325,390
3 Fixed asset investments
Net book value
At 30 April 2015
-
-
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5
Notes to the Abbreviated Financial Statements
Star World Investments Ltd
For the period ended 30 April 2015
2015
4 Creditors due after more than one year
£
938,500
Bank loans and overdrafts (secured)
5 Share capital
Allotted called up and fully paid
2015
£
100 Ordinary shares of £1.00 each
100
100
100 Ordinary £1.00 shares have been issued during the period at par for a cash consideration of £100.
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