Abbreviated Company Accounts - CALSTAR LIMITED

02106582 CALSTAR LIMITED 2015-09-30 false 2014-10-01 2015-09-30 true 02106582 2014-10-01 2015-09-30 02106582 2015-09-30 02106582 2014-09-30 02106582 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 02106582 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 02106582

CALSTAR LIMITED

Abbreviated Accounts

30 September 2015

CALSTAR LIMITED Registered Number 02106582

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,591	3,124
		2,591	3,124
Current assets
Stocks		33,550	33,809
Debtors		86,967	97,550
Cash at bank and in hand		182	113
		120,699	131,472
Creditors: amounts falling due within one year	3	(74,289)	(82,039)
Net current assets (liabilities)		46,410	49,433
Total assets less current liabilities		49,001	52,557
Total net assets (liabilities)		49,001	52,557
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		48,901	52,457
Shareholders' funds		49,001	52,557

For the year ending 30 September 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 28 June 2016

And signed on their behalf by:
P Khan, Director

CALSTAR LIMITED Registered Number 02106582

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of VAT.

Tangible assets depreciation policy
Tangible fixed assets are 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 basis:

Plant & Equipment 15% p.a reducing balance basis
Motor Vehicle 25% p.a reducing balance basis

Other accounting policies
Stocks

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

2Tangible fixed assets

	£
Cost
At 1 October 2014	34,656
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	34,656
Depreciation
At 1 October 2014	31,532
Charge for the year	533
On disposals	-
At 30 September 2015	32,065
Net book values
At 30 September 2015	2,591
At 30 September 2014	3,124

3Creditors

	2015 £	2014 £
Secured Debts	12,178	25,229

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100