Abbreviated Company Accounts - STEPCOTT LIMITED

04447365 STEPCOTT LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 04447365 2014-06-01 2015-05-31 04447365 2015-05-31 04447365 2014-05-31 04447365 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 04447365 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 04447365

STEPCOTT LIMITED

Abbreviated Accounts

31 May 2015

STEPCOTT LIMITED Registered Number 04447365

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	488,597	488,597
		488,597	488,597
Current assets
Cash at bank and in hand		55,076	44,730
		55,076	44,730
Creditors: amounts falling due within one year	3	(38,319)	(27,672)
Net current assets (liabilities)		16,757	17,058
Total assets less current liabilities		505,354	505,655
Creditors: amounts falling due after more than one year	3	(339,500)	(339,500)
Total net assets (liabilities)		165,854	166,155
Capital and reserves
Called up share capital	4	140,000	140,000
Profit and loss account		25,854	26,155
Shareholders' funds		165,854	166,155

For the year ending 31 May 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 February 2016

And signed on their behalf by:
Mr D A S Stephens, Director

STEPCOTT LIMITED Registered Number 04447365

Notes to the Abbreviated Accounts for the period ended 31 May 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The company's turnover represent gross rents receivable which are accounted for on an accruals
basis.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
S/Term Leasehold Property - nil %

2Tangible fixed assets

	£
Cost
At 1 June 2014	488,597
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	488,597
Depreciation
At 1 June 2014	-
Charge for the year	-
On disposals	-
At 31 May 2015	-
Net book values
At 31 May 2015	488,597
At 31 May 2014	488,597

3Creditors

	2015 £	2014 £
Secured Debts	339,500	339,500

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
140,000 Ordinary shares of £1 each	140,000	140,000