Startlink Systems Limited - Limited company - abbreviated - 11.6

Startlink Systems Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 01670261 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2014

FOR

STARTLINK SYSTEMS LIMITED

STARTLINK SYSTEMS LIMITED (REGISTERED NUMBER: 01670261)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

STARTLINK SYSTEMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2014







DIRECTOR: Mark James Singleton





REGISTERED OFFICE: 22 Sansome Walk
Worcester
Worcestershire
WR1 1LS





REGISTERED NUMBER: 01670261 (England and Wales)





ACCOUNTANTS: John Yelland & Company
Chartered Accountants
22 Sansome Walk
Worcester
Worcestershire
WR1 1LS

STARTLINK SYSTEMS LIMITED (REGISTERED NUMBER: 01670261)

ABBREVIATED BALANCE SHEET
31ST MARCH 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 465 494

CURRENT ASSETS
Debtors 77 115
Cash at bank 3,461 63
3,538 178
CREDITORS
Amounts falling due within one year 191,940 187,068
NET CURRENT LIABILITIES (188,402 ) (186,890 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(187,937
)
(186,396
)

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account (188,037 ) (186,496 )
SHAREHOLDERS' FUNDS (187,937 ) (186,396 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 16th December 2014 and were signed by:





Mark James Singleton - Director


STARTLINK SYSTEMS LIMITED (REGISTERED NUMBER: 01670261)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2014

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 April 2008).

Turnover
Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service
contracts where turnover is recognised when the company obtains the right to consideration.

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 - 15% on reducing balance
Computer equipment - 33% on cost

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st April 2013
and 31st March 2014 8,812
DEPRECIATION
At 1st April 2013 8,318
Charge for year 29
At 31st March 2014 8,347
NET BOOK VALUE
At 31st March 2014 465
At 31st March 2013 494

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
50 Ordinary 'A' £1 50 50
50 Ordinary 'B' £1 50 50
100 100

All shares have equal voting rights except insofar as the appointment and removal of directors is concerned. The
sole director, M J Singleton Esq., is designated an A class director and can only be removed by a majority of A
class shareholders. There are no B class directors at present but these can only be appointed or removed by a
majority of B class shareholders.

STARTLINK SYSTEMS LIMITED (REGISTERED NUMBER: 01670261)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31ST MARCH 2014

4. GOING CONCERN

The financial statements have been prepared on a going concern basis, which assumes that the business will
continue in operational existence for the foreseeable future.

The basis is considered appropriate by the director because the company has no overdraft and is able to meet its
debts as and when they fall due. The company is being financed by the director who has agreed not to withdraw
his director's current account of £191,550 (2013 £186,638), if to do so would prejudice the future trading of the
company.

Should the company be unable to continue trading, adjustments would have to be made to adjust the value of the
assets to their recoverable amounts, to provide for any further liabilities which might arise, and to reclassify fixed
assets as current assets.