Abbreviated Company Accounts - NECTORSTAR LIMITED

NECTORSTAR LIMITED - Company Information

01700906 NECTORSTAR LIMITED 2015-10-31 false 2014-11-01 2015-10-31 true 01700906 2014-11-01 2015-10-31 01700906 2015-10-31 01700906 2014-10-31 01700906 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 01700906 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 01700906

NECTORSTAR LIMITED

Abbreviated Accounts

31 October 2015

NECTORSTAR LIMITED Registered Number 01700906

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	11,320	10,817
		11,320	10,817
Current assets
Stocks		11,415	7,185
Cash at bank and in hand		2,311	3,256
		13,726	10,441
Creditors: amounts falling due within one year		(21,553)	(20,525)
Net current assets (liabilities)		(7,827)	(10,084)
Total assets less current liabilities		3,493	733
Total net assets (liabilities)		3,493	733
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		3,393	633
Shareholders' funds		3,493	733

For the year ending 31 October 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 24 July 2016

And signed on their behalf by:
K WELLAND, Director

NECTORSTAR LIMITED Registered Number 01700906

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

1Accounting Policies

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

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the period and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Leasehold properties – Straight line over the life of the lease
Fixtures, fittings and equipment - 15% reducing balance

2Tangible fixed assets

	£
Cost
At 1 November 2014	153,377
Additions	2,500
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	155,877
Depreciation
At 1 November 2014	142,560
Charge for the year	1,997
On disposals	-
At 31 October 2015	144,557
Net book values
At 31 October 2015	11,320
At 31 October 2014	10,817

3Called Up Share Capital
Allotted, called up and fully paid:

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