Abbreviated Company Accounts - UNIVESTAR LIMITED

05113245 UNIVESTAR LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 05113245 2015-05-01 2016-04-30 05113245 2016-04-30 05113245 2015-04-30 05113245 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 05113245 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 05113245

UNIVESTAR LIMITED

Abbreviated Accounts

30 April 2016

UNIVESTAR LIMITED Registered Number 05113245

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	301,074	301,074
		301,074	301,074
Current assets
Debtors		2,085	2,084
Cash at bank and in hand		4,821	1,991
		6,906	4,075
Creditors: amounts falling due within one year		(198,095)	(195,276)
Net current assets (liabilities)		(191,189)	(191,201)
Total assets less current liabilities		109,885	109,873
Creditors: amounts falling due after more than one year		(127,852)	(136,797)
Total net assets (liabilities)		(17,967)	(26,924)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(17,969)	(26,926)
Shareholders' funds		(17,967)	(26,924)

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 6 April 2017

And signed on their behalf by:
BARRY FELDMAN, Director

UNIVESTAR LIMITED Registered Number 05113245

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.

Turnover policy
The company's turnover is derived solely from rental income.

Other accounting policies
Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2Tangible fixed assets

	£
Cost
At 1 May 2015	301,074
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	301,074
Depreciation
At 1 May 2015	-
Charge for the year	-
On disposals	-
At 30 April 2016	-
Net book values
At 30 April 2016	301,074
At 30 April 2015	301,074

All fixed assets are initially recorded at cost.

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

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2