Abbreviated Company Accounts - START (STOCKWELL) LIMITED

START (STOCKWELL) LIMITED - Company Information

05029379 START (STOCKWELL) LIMITED 2014-01-31 false 2013-02-01 2014-01-31 true 05029379 2013-02-01 2014-01-31 05029379 2014-01-31 05029379 2013-01-31 05029379 uk-gaap-cd-bus:Director1 2013-02-01 2014-01-31 05029379 uk-gaap-cd-bus:Director2 2013-02-01 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-01 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-31 iso4217:GBP shares

Registered Number 05029379

START (STOCKWELL) LIMITED

Abbreviated Accounts

31 January 2014

START (STOCKWELL) LIMITED Registered Number 05029379

Abbreviated Balance Sheet as at 31 January 2014

	Notes	2014	2013
		£	£
Current assets
Stocks		992,195	1,772,992
Debtors	2	384,452	4,213
Cash at bank and in hand		1,103	59,075
		1,377,750	1,836,280
Prepayments and accrued income		-	3,816
Creditors: amounts falling due within one year		(1,319,745)	(1,809,859)
Net current assets (liabilities)		58,005	30,237
Total assets less current liabilities		58,005	30,237
Accruals and deferred income		(27,461)	(35,373)
Total net assets (liabilities)		30,544	(5,136)
Capital and reserves
Called up share capital	3	3	3
Profit and loss account		30,541	(5,139)
Shareholders' funds		30,544	(5,136)

For the year ending 31 January 2014 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 31 October 2014

And signed on their behalf by:
F Montanaro, Director

START (STOCKWELL) LIMITED Registered Number 05029379

Notes to the Abbreviated Accounts for the period ended 31 January 2014

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
The turnover shown in the profit and loss account represents the sale of investment property in the period.

Other accounting policies
Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

Deferred taxation
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

2Debtors

Included in debtors is £380,684 owed from South Estates LLP, a company in which the directors and shareholders of Start (stockwell) Limited are members. This loan is interest free and repayable on demand.

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

	2014 £	2013 £
3 Ordinary shares of £1 each	3	3