ST IA Management Ltd - Period Ending 2015-03-31

31 March 2015

Ordinary shares of £1 each

ST IA MANAGEMENT LTD - Company Information

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Registration number: 08931590

ST IA Management Ltd

Unaudited Abbreviated Accounts

for the Period from 10 March 2014 to 31 March 2015

Redwoods
Chartered Certified Accountants
2 Clyst Works,
Clyst Road, Topsham
Exeter
EX3 0DB

ST IA Management Ltd
Contents

Accountants' Report

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
ST IA Management Ltd
for the Period Ended 31 March 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ST IA Management Ltd for the period ended 31 March 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of ST IA Management Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of ST IA Management Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ST IA Management Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that ST IA Management Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of ST IA Management Ltd. You consider that ST IA Management Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of ST IA Management Ltd. 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 accounts.

......................................

Redwoods
Chartered Certified Accountants
2 Clyst Works,
Clyst Road, Topsham
Exeter
EX3 0DB

26 October 2015

Page 1

ST IA Management Ltd
(Registration number: 08931590)
Abbreviated Balance Sheet at 31 March 2015

	Note	31 March 2015 £
Fixed assets
Tangible fixed assets		743
Current assets
Cash at bank and in hand		2,947
Creditors: Amounts falling due within one year		(4,113)
Net current liabilities		(1,166)
Net liabilities		(423)
Capital and reserves
Called up share capital	3	3
Profit and loss account		(426)
Shareholders' deficit		(423)

For the year ending 31 March 2015 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 26 October 2015 and signed on its behalf by:

.........................................
Dr P G Lee
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

ST IA Management Ltd
Notes to the Abbreviated Accounts for the Period from 10 March 2014 to 31 March 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents service charges payable by the lease holders to enable the company to maintain the premises.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as shown on the table below.

Asset class	Depreciation method and rate
Freehold land and buildings	2% straight line

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as 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. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

	Tangible assets £	Total £
Cost
Additions	759	759
At 31 March 2015	759	759
Depreciation
Charge for the period	16	16
At 31 March 2015	16	16
Net book value
At 31 March 2015	743	743

Page 3

ST IA Management Ltd
Notes to the Abbreviated Accounts for the Period from 10 March 2014 to 31 March 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

New shares allotted

During the period 3 Ordinary £1 shares having an aggregate nominal value of £3 were allotted for an aggregate consideration of £3. These were the initial shares issued on incorporation.

Control

The company is controlled by the directors and shareholders.

Page 4