Company Registration No. 08908093 (England and Wales)
STANFORD CAPITAL LIMITED
Unaudited accounts
for the year ended 31 March 2017
STANFORD CAPITAL LIMITED
Unaudited accounts
Contents
STANFORD CAPITAL LIMITED
Company Information
for the year ended 31 March 2017
Company Number
08908093 (England and Wales)
Registered Office
SELBY HOUSE
STANFORD ROAD
NORTHAMPTON
NORTHAMPTONSHIRE
NN6 6JR
Accountants
Henshaws Accountants
Office 7
37-39 Shakespeare Street
Southport
PR8 5AB
STANFORD CAPITAL LIMITED
Statement of financial position
as at 31 March 2017
Cash at bank and in hand
300
547
Creditors: amounts falling due within one year
(8,659)
(5,744)
Net current liabilities
(8,179)
(5,197)
Net liabilities
(7,187)
(3,874)
Called up share capital
100
100
Profit and loss account
(7,287)
(3,974)
Shareholders' funds
(7,187)
(3,874)
For the year ending 31 March 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 7 December 2017.
R Spurgeon
Director
Company Registration No. 08908093
STANFORD CAPITAL LIMITED
Notes to the Accounts
for the year ended 31 March 2017
STANFORD CAPITAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08908093. The registered office is SELBY HOUSE, STANFORD ROAD, NORTHAMPTON, NORTHAMPTONSHIRE, NN6 6JR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Computer equipment
STANFORD CAPITAL LIMITED
Notes to the Accounts
for the year ended 31 March 2017
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
(946)
(987)
Loans from directors
9,305
6,231
7
Average number of employees
During the year the average number of employees was 0 (2016: 0).
