Steadypost Limited - Period Ending 2014-03-31

Registration number: 08438138

Steadypost Limited

Unaudited Abbreviated Accounts

for the Period from 11 March 2013 to 31 March 2014

 

Brent King
24 Gosport Business Centre
Frater Gate
Gosport
Hampshire
PO13 0FQ

Steadypost Limited
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3

Steadypost Limited
(Registration number: 08438138)
Abbreviated Balance Sheet at 31 March 2014

		Note			31 March 2014 £
Current assets
Stocks					1,694
Debtors					291
Cash at bank and in hand					5,650
					7,635
Creditors: Amounts falling due within one year					(5,900)
Net assets					1,735
Capital and reserves
Called up share capital		2			116
Share premium account					12,984
Profit and loss account					(11,365)
Shareholders' funds					1,735

For the year ending 31 March 2014 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 3 December 2014 and signed on its behalf by:

.........................................
Mr Atkinson
Director

.........................................
Mr D G H Battye
Director

The notes on page 3 form an integral part of these financial statements.
Page 1

Steadypost Limited
(Registration number: 08438138)
Abbreviated Balance Sheet at 31 March 2014
......... continued

.........................................
Mr J R Gibbs
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

Steadypost Limited
Notes to the Abbreviated Accounts for the Period from 11 March 2013 to 31 March 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	31 March 2014
		No.			£
Ordinary shares of £0.01 each		11,589			116

New shares allotted

During the period 11,589 ordinary shares having an aggregate nominal value of £116 were allotted for an aggregate consideration of £13,100. The difference between the nominal value and the consideration of the shares of £12,984 has been accounted for in the share premium account. The share premium account is referred to in note 8 to the financial statements, and is displayed prominently on the balance sheet on page 5.

3

Control

The company is controlled by Shareholders .

Page 3