5 Star Despatch (1995) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03035359 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2015

for

5 Star Despatch (1995) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P Stearn

SECRETARY:

Mrs M C Stearn

REGISTERED OFFICE:

145 Colney Road

Dartford

Kent

DA1 1TG

REGISTERED NUMBER:

03035359 (England and Wales)

ACCOUNTANTS:

AW Accounting

12 Chequers Close

Istead Rise

Gravesend

Kent

DA13 9HJ

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

4,707

4,067

4,707

4,067

CURRENT ASSETS

Debtors

43,259

60,379

Cash at bank and in hand

4,212

6,060

47,471

66,439

CREDITORS

Amounts falling due within one year

40,161

60,484

NET CURRENT ASSETS

7,310

5,955

TOTAL ASSETS LESS CURRENT LIABILITIES

12,017

10,022

PROVISIONS FOR LIABILITIES

771

617

NET ASSETS

11,246

9,405

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

11,146

9,305

SHAREHOLDERS' FUNDS

11,246

9,405

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 17 August 2016 and were signed by:

P Stearn - Director

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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax. Turnover is recognised on

completion of each despatch.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

40,193

AMORTISATION

At 1 January 2015

and 31 December 2015

40,193

NET BOOK VALUE

At 31 December 2015

-

At 31 December 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

20,392

Additions

5,500

Disposals

(18,499

)

At 31 December 2015

7,393

DEPRECIATION

At 1 January 2015

16,325

Charge for year

1,568

Eliminated on disposal

(15,207

)

At 31 December 2015

2,686

NET BOOK VALUE

At 31 December 2015

4,707

At 31 December 2014

4,067

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

100

Ordinary

£1

100