TRADSTIR_LTD - Accounts
TRADSTIR_LTD - Accounts
COMPANY REGISTRATION NUMBER 02436653
ABBREVIATED ACCOUNTS
FOR
31ST MARCH 2015
Shah Dodhia & Co
Chartered Accountants
173 Cleveland Street
London
W1T 6QR
TRADSTIR LTD
ABBREVIATED ACCOUNTS
YEAR ENDED 31ST MARCH 2015
CONTENTS
PAGE
Abbreviated balance sheet
1
Notes to the abbreviated accounts
3
Page 1
TRADSTIR LTD
ABBREVIATED BALANCE SHEET
31ST MARCH 2015
2015
2014
Note
£
£
£
£
FIXED ASSETS
2
Tangible assets
1,602,490
-
Investments
93,318
152,257
1,695,808
152,257
CURRENT ASSETS
Debtors
98,113
35,305
Cash at bank and in hand
146,544
107,015
244,657
142,320
CREDITORS: Amounts falling due within one year
284,783
9,648
NET CURRENT (LIABILITIES)/ASSETS
(40,126)
132,672
TOTAL ASSETS LESS CURRENT LIABILITIES
1,655,682
284,929
CREDITORS: Amounts falling due after more than one year
1,391,275
-
264,407
284,929
CAPITAL AND RESERVES
Called up equity share capital
3
100
100
Profit and loss account
264,307
284,829
SHAREHOLDERS' FUNDS
264,407
284,929
Directors' responsibilities:
The Balance sheet continues on the following page.
The notes on pages 3 to 4 form part of these abbreviated accounts.
Page 2
TRADSTIR LTD
ABBREVIATED BALANCE SHEET (continued)
31ST MARCH 2015
These abbreviated accounts were approved by the directors and authorised for issue on
14/12/2015
, and are signed on their behalf by:……………………………..
Director
Company Registration Number: 02436653
The notes on pages 3 to 4 form part of these abbreviated accounts.
Page 3
TRADSTIR LTD
NOTES TO THE ABBREVIATED ACCOUNTS
YEAR ENDED 31ST MARCH 2015
1.
ACCOUNTING POLICIES
Basis of accounting
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).
Going concern
The financial statements have been prepared on a going concern basis, as the directors believe the shareholders will continue to make adequate funds available to enable the company to meet its financial obligations as they fall due and for at least the next 12 months. The directors have no reason to believe that the financial support will not continue to be provided in the future and therefore consider it appropriate to adopt the going concern basis.
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the period.
Fixed assets and depreciation
All fixed assets are initially recorded at cost.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Freehold Property
-
25 years
Fixtures & Fittings
-
25% on cost
Freehold land is not depreciated.
Page 4
TRADSTIR LTD
NOTES TO THE ABBREVIATED ACCOUNTS
YEAR ENDED 31ST MARCH 2015
2.
FIXED ASSETS
Tangible Assets
Investments
Total
£
£
£
COST
At 1st April 2014
–
152,257
152,257
Additions
1,650,932
–
1,650,932
Repayment of part investment
–
(68,715)
(68,715)
Property Income Profit
–
9,776
9,776
At 31st March 2015
1,650,932
93,318
1,744,250
DEPRECIATION
Charge for year
48,442
–
48,442
At 31st March 2015
48,442
–
48,442
NET BOOK VALUE
At 31st March 2015
1,602,490
93,318
1,695,808
At 31st March 2014
–
152,257
152,257
Investment are stated at cost and represent the cost of shares and loans to a Limited Liability Partnership which owns a part share in one investment property.
3.
SHARE CAPITAL
Allotted, called up and fully paid:
2015
2014
No
£
No
£
Ordinary shares of £1 each
100
100
100
100