Stokesy & Co Estates Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07898454 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2015

FOR

STOKESY & CO ESTATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTORS:

H Stokes

Mrs S S Stokes

S Stokes

J S J Stokes

Mrs C Stokes

REGISTERED OFFICE:

12 Payton Street

Stratford upon Avon

Warwikcshire

CV37 6UA

REGISTERED NUMBER:

07898454 (England and Wales)

ACCOUNTANTS:

Cooper Adams Ltd

12 Payton Street

Stratford upon Avon

Warwickshire

CV37 6UA

FIXED ASSETS

Investments

2

1

-

Investment property

3

365,000

365,000

365,001

365,000

CURRENT ASSETS

Debtors

263,530

76,022

Cash at bank

6,070

-

269,600

76,022

CREDITORS

Amounts falling due within one year

715,742

459,416

NET CURRENT LIABILITIES

(446,142

)

(383,394

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(81,141

)

(18,394

)

CAPITAL AND RESERVES

Called up share capital

4

6

6

Revaluation reserve

(13,973

)

(13,973

)

Profit and loss account

(67,174

)

(4,427

)

SHAREHOLDERS' FUNDS

(81,141

)

(18,394

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 19 October 2015 and were signed on its behalf by:

S Stokes - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company is showing net current liabilities and net liabilities as at 31 January 2015 and at 31

January 2014. The directors have confirmed that they will continue to support the company financially,

to allow it to continue its operations. On this basis, the directors considers it appropriate to prepare the

financial statements on a going concern basis.

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the

revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller

Entities (effective April 2008).

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from

changes in market value is transferred to a revaluation reserve.

Deferred tax

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

the balance sheet date.

Group accounts

Stokesy & Co Estates Limited is the parent undertaking of a subsidiary, Newferrers Merlin Limited.

The group is small and therefore not required to prepare group accounts. These financial statements

only refer to Stokesy & Co Estates Limited.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

1

At 31 January 2015

1

NET BOOK VALUE

At 31 January 2015

1

The company's investments at the Balance Sheet date in the share capital of companies include the

following:

Newferrers Merlin Limited

Nature of business: Land and property investment

%

Class of shares:

holding

Ordinary £1

100.00

31.7.14

£

Aggregate capital and reserves

(7,257

)

Loss for the period

(7,258

)

During the year, Stokesy & Co Estates Limited purchased 100% of the share capital of Newferrers

Merlin Limited. The financial year end of Newferrers Merlin Limited differed to that of Stokesy & Co

Estates Limited upon acquisition.

The financial year end of Newferrers Merlin Limited was subsequently amended to be co-terminus with

that of Stokesy & Co Estates Limited. Both companies will complete their next financial statements to

31 January 2016.

3.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 February 2014

and 31 January 2015

365,000

NET BOOK VALUE

At 31 January 2015

365,000

At 31 January 2014

365,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

6

Ordinary

£ 1

6

6

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages two to four) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the financial statements of Stokesy & Co Estates Limited for the year ended 31 January 2015 which comprise

the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records

and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Stokesy & Co Estates Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Stokesy & Co Estates Limited and state those matters that we have agreed to state to the Board of Directors of Stokesy & Co Estates Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Stokesy & Co Estates Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Stokesy & Co Estates Limited. You consider that Stokesy & Co Estates Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Stokesy & Co

Estates Limited. For this reason, we have not verified the accuracy or completeness of the accounting

records or information and explanations you have given to us and we do not, therefore, express any opinion

on the statutory financial statements.

Cooper Adams Ltd

12 Payton Street

Stratford upon Avon

Warwickshire

CV37 6UA

19 October 2015