Startlink Systems Limited - Limited company - abbreviated - 11.9

Startlink Systems Limited - Limited company - abbreviated - 11.9


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REGISTERED NUMBER: 01670261 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2015

FOR

STARTLINK SYSTEMS LIMITED

STARTLINK SYSTEMS LIMITED (REGISTERED NUMBER: 01670261)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

STARTLINK SYSTEMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2015







DIRECTOR: Mark James Singleton





REGISTERED OFFICE: 22 Sansome Walk
Worcester
Worcestershire
WR1 1LS





REGISTERED NUMBER: 01670261 (England and Wales)





ACCOUNTANTS: John Yelland & Company
Chartered Accountants
22 Sansome Walk
Worcester
Worcestershire
WR1 1LS

STARTLINK SYSTEMS LIMITED (REGISTERED NUMBER: 01670261)

ABBREVIATED BALANCE SHEET
31ST MARCH 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,222 465

CURRENT ASSETS
Debtors 102 77
Cash at bank 952 3,461
1,054 3,538
CREDITORS
Amounts falling due within one year 192,331 191,940
NET CURRENT LIABILITIES (191,277 ) (188,402 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(190,055
)
(187,937
)

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account (190,155 ) (188,037 )
SHAREHOLDERS' FUNDS (190,055 ) (187,937 )

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

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

The director acknowledges his 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 director on 12th December 2015 and were signed by:





Mark James Singleton - Director


STARTLINK SYSTEMS LIMITED (REGISTERED NUMBER: 01670261)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements 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 net invoiced sales of goods, excluding value added tax, except in respect of service contracts
where turnover is recognised when the company obtains the right to consideration.

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

Plant and machinery - 15% on reducing balance
Computer equipment - 33% on cost

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st April 2014 8,812
Additions 973
At 31st March 2015 9,785
DEPRECIATION
At 1st April 2014 8,347
Charge for year 216
At 31st March 2015 8,563
NET BOOK VALUE
At 31st March 2015 1,222
At 31st March 2014 465

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
50 Ordinary 'A' £1 50 50
50 Ordinary 'B' £1 50 50
100 100

All shares have equal voting rights except insofar as the appointment and removal of directors is concerned. The
sole director, M J Singleton Esq., is designated an A class director and can only be removed by a majority of A
class shareholders. There are no B class directors at present but these can only be appointed or removed by a
majority of B class shareholders.

STARTLINK SYSTEMS LIMITED (REGISTERED NUMBER: 01670261)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31ST MARCH 2015

4. GOING CONCERN

The financial statements have been prepared on a going concern basis, which assumes that the business will
continue in operational existence for the foreseeable future.

The basis is considered appropriate by the director because the company has no overdraft and is able to meet its
debts as and when they fall due. The company is being financed by the director who has agreed not to withdraw
his director's current account of £191,931 (2014 £191,550), if to do so would prejudice the future trading of the
company.

Should the company be unable to continue trading, adjustments would have to be made to adjust the value of the
assets to their recoverable amounts, to provide for any further liabilities which might arise, and to reclassify fixed
assets as current assets.