BLUESTAR_UK_SECURITIES_LT - Accounts

BLUESTAR UK SECURITIES LIMITED - Company Information

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Company Registration No. 07186122 (England and Wales)

BLUESTAR UK SECURITIES LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

Richard Anthony

Chartered Accountants

BLUESTAR UK SECURITIES LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

BLUESTAR UK SECURITIES LTD

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2015

- 1 -

2015

2014

Notes

Current assets

Stocks

587,515

419,846

Debtors

772,254

684,845

Cash at bank and in hand

802

1,218

1,360,571

1,105,909

Creditors: amounts falling due within one year

(134,822)

(124,953)

Total assets less current liabilities

1,225,749

980,956

Creditors: amounts falling due after more than one year

(1,263,225)

(973,319)

(37,476)

7,637

Capital and reserves

Called up share capital

Profit and loss account

(37,477)

7,636

Shareholders' funds

(37,476)

7,637

For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 14 September 2016

Mr R Musmar

Director

Company Registration No. 07186122

BLUESTAR UK SECURITIES LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Going concern

The company has incurred losses in the year and as a result, has net deficit of liabilities at the balance sheet date. The financial statements have been prepared on a going concern basis, on the assumption that future trading profits will be produced and that the directors will continue to support the company.

Share capital

2015

2014

Allotted, called up and fully paid

1 Ordinary Shares of £1 each