A-STAR LOGISTICS LIMITED - Period Ending 2017-03-31

Registration number: 06134407

A-STAR LOGISTICS LIMITED

Annual Report and Financial Statements

for the Year Ended 31 March 2017

Gilbert Allan & Co
8 Rodborough Road
London
NW11 8RY

A-STAR LOGISTICS LIMITED

Profit and Loss Account for the Year Ended 31 March 2017

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

The notes on pages 3 to 4 form an integral part of these financial statements.

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A-STAR LOGISTICS LIMITED

(Registration number: 06134407)
Balance Sheet as at 31 March 2017

	Note	2017 £	2016 £
Fixed assets
Tangible assets	3	1,328	1,771
Current assets
Cash at bank and in hand		2,148	2,148
Net assets		3,476	3,919
Capital and reserves
Called up share capital	5	100	100
Profit and loss account		3,376	3,819
Total equity		3,476	3,919

For the financial year ending 31 March 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	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 and authorised by the Board on 12 December 2017 and signed on its behalf by:
 

.........................................

K D Whitham

Director

The notes on pages 3 to 4 form an integral part of these financial statements.

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A-STAR LOGISTICS LIMITED

Notes to the Financial Statements for the Year Ended 31 March 2017

1	General information

The company is a private company limited by share capital incorporated in England and Wales.

The address of its registered office is:
24 The Ridgeway
Codicote
Hitchin
Hertfordshire
SG4 8YP

These financial statements were authorised for issue by the Board on 12 December 2017.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

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A-STAR LOGISTICS LIMITED

Notes to the Financial Statements for the Year Ended 31 March 2017

3	Tangible assets

	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2016	4,198	4,198
At 31 March 2017	4,198	4,198
Depreciation
At 1 April 2016	2,427	2,427
Charge for the year	443	443
At 31 March 2017	2,870	2,870
Carrying amount
At 31 March 2017	1,328	1,328
At 31 March 2016	1,771	1,771

4	Cash and cash equivalents

	2017 £	2016 £
Cash on hand	100	100
Cash at bank	2,048	2,048
	2,148	2,148

5	Share capital

Allotted, called up and fully paid shares

	2017		2016
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

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