Abbreviated Company Accounts - STERLING CROFT LIMITED

STERLING CROFT LIMITED - Company Information

01935682 STERLING CROFT LIMITED 2015-02-28 false 2014-03-01 2015-02-28 true 01935682 2014-03-01 2015-02-28 01935682 2015-02-28 01935682 2014-02-28 01935682 uk-gaap-cd-bus:Director1 2014-03-01 2015-02-28 01935682 uk-gaap-cd-bus:Director2 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 iso4217:GBP shares

Registered Number 01935682

STERLING CROFT LIMITED

Abbreviated Accounts

28 February 2015

STERLING CROFT LIMITED Registered Number 01935682

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	282	352
		282	352
Current assets
Debtors		-	18,263
Cash at bank and in hand		50,645	57,157
		50,645	75,420
Creditors: amounts falling due within one year		(70,882)	(65,952)
Net current assets (liabilities)		(20,237)	9,468
Total assets less current liabilities		(19,955)	9,820
Total net assets (liabilities)		(19,955)	9,820
Capital and reserves
Called up share capital	3	605,000	605,000
Profit and loss account		(624,955)	(595,180)
Shareholders' funds		(19,955)	9,820

For the year ending 28 February 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 30 November 2015

And signed on their behalf by:
N Smith, Director

STERLING CROFT LIMITED Registered Number 01935682

Notes to the Abbreviated Accounts for the period ended 28 February 2015

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.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to Property - 10% on cost
Plant & Machinery - 20% on reducing balance
Computer Equipment - 25% on cost

2Tangible fixed assets

	£
Cost
At 1 March 2014	19,103
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	19,103
Depreciation
At 1 March 2014	18,751
Charge for the year	70
On disposals	-
At 28 February 2015	18,821
Net book values
At 28 February 2015	282
At 28 February 2014	352

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
605,000 Ordinary shares of £1 each	605,000	605,000