Stela-Martin Properties Limited - Period Ending 2016-09-30

Registration number: 05943534

Stela-Martin Properties Limited

Unaudited Abbreviated Accounts
 
for the Year Ended 30 September 2016

Management & Accounting Solutions
45 Styvechale Avenue
Earlsdon
Coventry
CV5 6DW

Stela-Martin Properties Limited

Contents

Abbreviated Balance Sheet	1
Notes to the Abbreviated Accounts	2 to 3

Stela-Martin Properties Limited

(Registration number: 05943534)
Abbreviated Balance Sheet as at 30 September 2016

	Note	2016  £	2015  £
Fixed assets
Tangible assets		222,053	222,053
Current assets
Debtors		5,000	2,285
Cash at bank and in hand		226	1,449
		5,226	3,734
Creditors: Amounts falling due within one year		(2,886)	(1,715)
Net current assets		2,340	2,019
Total assets less current liabilities		224,393	224,072
Creditors: Amounts falling due after more than one year		(209,556)	(212,306)
Net assets		14,837	11,766
Capital and reserves
Called up share capital	3	66	66
Profit and loss account		14,771	11,700
Shareholders' funds		14,837	11,766

For the year ending 30 September 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 23 June 2017 and signed on its behalf by:

.........................................
E M Eaglestone
Company secretary and director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Stela-Martin Properties Limited

Notes to the Abbreviated Accounts

1	Accounting policies

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Revenue recognition

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Investment properties

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from
changes in market value is transferred to a revaluation reserve.

2	Fixed assets

	Tangible assets £	Total £
Cost
At 1 October 2015	222,053	222,053
At 30 September 2016	222,053	222,053
Depreciation
At 30 September 2016	-	-
Net book value
At 30 September 2016	222,053	222,053
At 30 September 2015	222,053	222,053

Page 2

Stela-Martin Properties Limited

Notes to the Abbreviated Accounts

3	Share capital

Allotted, called up and fully paid shares

	2016		2015
	No.	£	No.	£
Ordinary of £1 each	66	66	66	66

4	Related party transactions

Transactions with directors

2016	At 1 October 2015 £	Advances to directors £	Repayments by director £	Other payments made to company by director £	At 30 September 2016 £
E M Eaglestone
Loan account	2,000	5,950	(2,950)	-	5,000

2015	At 1 October 2014 £	Advances to directors £	Repayments by director £	Other payments made to company by director £	At 30 September 2015 £
E M Eaglestone
Loan account	-	2,000	-	-	2,000

Dividends paid to directors

	2016 £	2015 £
E M Eaglestone
Dividends	1,320	-

5

Control

The directors are the controlling party by virtue of their controlling shareholding in the company.

Page 3