Abbreviated Company Accounts - STARBURST AVIATION (UK) LIMITED

STARBURST AVIATION (UK) LIMITED - Company Information

04515106 STARBURST AVIATION (UK) LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 04515106 2013-01-01 2013-12-31 04515106 2013-12-31 04515106 2012-12-31 04515106 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 04515106 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 04515106

STARBURST AVIATION (UK) LIMITED

Abbreviated Accounts

31 December 2013

STARBURST AVIATION (UK) LIMITED Registered Number 04515106

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	10,616	10,298
		10,616	10,298
Current assets
Debtors		69,240	95,167
Cash at bank and in hand		6,127	1,627
		75,367	96,794
Creditors: amounts falling due within one year		(55,177)	(55,503)
Net current assets (liabilities)		20,190	41,291
Total assets less current liabilities		30,806	51,589
Total net assets (liabilities)		30,806	51,589
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		30,804	51,587
Shareholders' funds		30,806	51,589

For the year ending 31 December 2013 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 October 2014

And signed on their behalf by:
David Olubadewo, Director

STARBURST AVIATION (UK) LIMITED Registered Number 04515106

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
1.1 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
1.2 Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
1.3 Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 25% straight line

Other accounting policies
1.4 Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.

2Tangible fixed assets

	£
Cost
At 1 January 2013	35,857
Additions	4,371
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	40,228
Depreciation
At 1 January 2013	25,559
Charge for the year	4,053
On disposals	-
At 31 December 2013	29,612
Net book values
At 31 December 2013	10,616
At 31 December 2012	10,298

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

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2