Abbreviated Company Accounts - ISTAR LOGISTICS LIMITED
Abbreviated Company Accounts - ISTAR LOGISTICS LIMITED
Registered Number 06793530
ISTAR LOGISTICS LIMITED
Abbreviated Accounts
30 September 2016
ISTAR LOGISTICS LIMITED Registered Number 06793530
Abbreviated Balance Sheet as at 30 September 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
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
And signed on their behalf by:
ISTAR LOGISTICS LIMITED Registered Number 06793530
Notes to the Abbreviated Accounts for the period ended 30 September 2016
1Accounting Policies
Basis of measurement and preparation of accounts
Notwithstanding that the company had net liabilities at 30 September 2016 of £59,474, the financial statements have been prepared on a going concern basis. The director has confirmed that the company will continue to receive ongoing financial support from himself as director for at least the twelve months from the date of approving these accounts, to ensure the company can meet its financial obligations as they fall due.
Turnover policy
Tangible assets depreciation policy
Plant and machinery: 20% on cost
Fixtures, fittings & equipment: 25% on cost
Other accounting policies
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently.
£ | |
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Cost | |
At 1 October 2015 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 September 2016 |
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Depreciation | |
At 1 October 2015 |
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Charge for the year |
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On disposals |
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At 30 September 2016 |
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Net book values | |
At 30 September 2016 | 28,495 |
At 30 September 2015 | 36,031 |