Star Project Sussex Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05377870 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30th November 2016

for

Star Project Sussex Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

E J Horrocks

Ms M A P Kemp

SECRETARY:

Ms M A P Kemp

REGISTERED OFFICE:

111a Station Road,

West Wickham

Kent

BR4 0PX

REGISTERED NUMBER:

05377870 (England and Wales)

ACCOUNTANTS:

Daniels & Co (Accountants) Limited

Chartered Accountants

111a Station Road

West Wickham

Kent

BR4 0PX

FIXED ASSETS

Intangible assets

2

23,850

26,500

Tangible assets

3

1,274

894

25,124

27,394

CURRENT ASSETS

Debtors

3,300

Cash at bank and in hand

2,431

364

5,731

3,664

CREDITORS

Amounts falling due within one year

17,004

8,890

NET CURRENT LIABILITIES

(11,273

)

(5,226

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

13,851

22,168

CREDITORS

Amounts falling due after more than one
year

(610

)

(13,212

)

PROVISIONS FOR LIABILITIES

(200

)

(112

)

NET ASSETS

13,041

8,844

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

12,941

8,744

SHAREHOLDERS' FUNDS

13,041

8,844

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 31st August 2017 and were signed on its behalf
by:

E J Horrocks - 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).

Turnover

Turnover represents net invoiced income arising on the use of intellectual property.

Depreciation

The intellectual property is amortised at 5% per annum on cost.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st December 2015

and 30th November 2016

53,000

AMORTISATION

At 1st December 2015

26,500

Amortisation for year

2,650

At 30th November 2016

29,150

NET BOOK VALUE

At 30th November 2016

23,850

At 30th November 2015

26,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st December 2015

6,051

Additions

1,566

At 30th November 2016

7,617

DEPRECIATION

At 1st December 2015

5,157

Charge for year

1,186

At 30th November 2016

6,343

NET BOOK VALUE

At 30th November 2016

1,274

At 30th November 2015

894

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary £1 shares

£1

100