Stellawell Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04839797

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

FOR

STELLAWELL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D G Taylor Rea

SECRETARY:

OCA Secretaries Limited

REGISTERED OFFICE:

10 John Street

London

WC1N 2EB

REGISTERED NUMBER:

04839797

ACCOUNTANTS:

Oury Clark Chartered Accountants

Herschel House

58 Herschel Street

Slough

Berkshire

SL1 1PG

FIXED ASSETS

Investments

2

1,534,444

1,384,682

CURRENT ASSETS

Cash in hand

2,047,023

2,148,941

CREDITORS

Amounts falling due within one year

814,849

796,327

NET CURRENT ASSETS

1,232,174

1,352,614

TOTAL ASSETS LESS CURRENT LIABILITIES

2,766,618

2,737,296

CAPITAL AND RESERVES

Called up share capital

3

3,533,239

3,533,239

Profit and loss account

(766,621

)

(795,943

)

SHAREHOLDERS' FUNDS

2,766,618

2,737,296

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 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 22 March 2017 and were signed by:

D G Taylor Rea - 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).

The financial statements have been prepared under the historical cost convention modified to include

the revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller

Entities (effective January 2015).

Turnover

Turnover represents the dividend income from listed investments.

Investments

Investments are held as fixed assets and are stated at cost less provision for any permanent diminution

in value.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 July 2015

1,329,682

Additions

192,117

Disposals

(42,355

)

At 30 June 2016

1,479,444

NET BOOK VALUE

At 30 June 2016

1,479,444

At 30 June 2015

1,329,682

Investments (neither listed nor unlisted) were as follows:

30.6.16

30.6.15

£

£

Classic car at cost

55,000

55,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

£

3,533,239

Ordinary

£1

3,533,239

3,533,239

4.	ULTIMATE PARENT COMPANY