Allstar Developments Limited - Limited company - abbreviated - 11.9

Allstar Developments Limited - Limited company - abbreviated - 11.9

ALLSTAR DEVELOPMENTS LIMITED - Company Information

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REGISTERED NUMBER: 00986731 (England and Wales)





















ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

ALLSTAR DEVELOPMENTS LIMITED

ALLSTAR DEVELOPMENTS LIMITED (REGISTERED NUMBER: 00986731)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015




Page

Company Information 1

Chartered Accountants' Report 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 4

ALLSTAR DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2015







DIRECTORS: J S Harper
Mrs R V Harper





SECRETARY: J S Harper





REGISTERED OFFICE: 195 Bromsgrove Road
Hunnington
HALESOWEN
West Midlands
B62 OJS





REGISTERED NUMBER: 00986731 (England and Wales)





ACCOUNTANTS: E R Grove & Co Limited
Chartered Accountants
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ALLSTAR DEVELOPMENTS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to four)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Allstar Developments Limited for the year ended 30 September 2015 which comprise the Profit
and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from
information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Allstar Developments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Allstar Developments Limited and state those matters that we have agreed to state to the Board of Directors of Allstar Developments Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Allstar Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Allstar Developments Limited. You consider that Allstar Developments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Allstar Developments
Limited. 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 financial
statements.






E R Grove & Co Limited
Chartered Accountants
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF


21 March 2016

This page does not form part of the abbreviated accounts

Page 2
ALLSTAR DEVELOPMENTS LIMITED (REGISTERED NUMBER: 00986731)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 737 892

CURRENT ASSETS
Stocks 748,653 636,597
Debtors 2,080 1,474
Cash at bank 449,119 576,900
1,199,852 1,214,971
CREDITORS
Amounts falling due within one year 13,576 26,362
NET CURRENT ASSETS 1,186,276 1,188,609
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,187,013
1,189,501

CREDITORS
Amounts falling due after more than one
year
(30,065		 )
(30,065		 )

PROVISIONS FOR LIABILITIES (109 ) (131 )
NET ASSETS 1,156,839 1,159,305

CAPITAL AND RESERVES
Called up share capital 3 300 300
Profit and loss account 1,156,539 1,159,005
SHAREHOLDERS' FUNDS 1,156,839 1,159,305

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 21 March 2016 and were signed on its behalf by:





J S Harper - Director


The notes form part of these abbreviated accounts

Page 3
ALLSTAR DEVELOPMENTS LIMITED (REGISTERED NUMBER: 00986731)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 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.

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

Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

The company's property is held for long-term investment. Depreciation is not provided in respect of freehold
investment properties.

This policy represents a departure from the statutory accounting principles, which require depreciation to be
provided on all fixed assets. The directors consider that this policy is necessary in order that the financial
statements may give a true and fair view, because current values and changes in current values are of prime
importance rather than the calculation of systematic annual depreciation. Depreciation is only one of many
factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be
separately identified or quantified.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2014 9,910
Disposals (1,038 )
At 30 September 2015 8,872
DEPRECIATION
At 1 October 2014 9,018
Charge for year 153
Eliminated on disposal (1,036 )
At 30 September 2015 8,135
NET BOOK VALUE
At 30 September 2015 737
At 30 September 2014 892

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
300 Ordinary shares £1 300 300

Page 4