Abbreviated Company Accounts - STARFISH PROPERTIES (LEICESTER) LIMITED

STARFISH PROPERTIES (LEICESTER) LIMITED - Company Information

07233914 STARFISH PROPERTIES (LEICESTER) LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 07233914 2015-05-01 2016-04-30 07233914 2016-04-30 07233914 2015-04-30 07233914 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 07233914 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 07233914

STARFISH PROPERTIES (LEICESTER) LIMITED

Abbreviated Accounts

30 April 2016

STARFISH PROPERTIES (LEICESTER) LIMITED Registered Number 07233914

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	37,097	43,545
		37,097	43,545
Current assets
Stocks		1,135	1,010
Debtors		5,739	3,423
Cash at bank and in hand		23,723	19,780
		30,597	24,213
Creditors: amounts falling due within one year		(80,077)	(80,795)
Net current assets (liabilities)		(49,480)	(56,582)
Total assets less current liabilities		(12,383)	(13,037)
Total net assets (liabilities)		(12,383)	(13,037)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(12,483)	(13,137)
Shareholders' funds		(12,383)	(13,037)

For the year ending 30 April 2016 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 21 November 2016

And signed on their behalf by:
Mr T. Louca, Director

STARFISH PROPERTIES (LEICESTER) LIMITED Registered Number 07233914

Notes to the Abbreviated Accounts for the period ended 30 April 2016

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.

Valuation information and policy
Stocks
Stock is valued at the lower of cost and net realisable value.

Deferred taxation
Full provision is made for deferred taxation resulting from material timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

Leasing and hire purchase commitments
Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

Other accounting policies
Going Concern
The accounts have been prepared under the going concern concept. The directors are confident that the company will be profitable in the future and, as the major creditors of the company, will continue to support the company for the foreseeable future.

2Tangible fixed assets

	£
Cost
At 1 May 2015	69,190
Additions	-
Disposals	(833)
Revaluations	-
Transfers	-
At 30 April 2016	68,357
Depreciation
At 1 May 2015	25,645
Charge for the year	5,615
On disposals	-
At 30 April 2016	31,260
Net book values
At 30 April 2016	37,097
At 30 April 2015	43,545

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Improvements to leasehold property - 10% reducing balance.
Plant and machinery - 15% reducing balance.

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

	2016 £	2015 £
100 A Ordinary shares of £1 each	100	100