Starview Estates Limited - Limited company - abbreviated

REGISTERED NUMBER: 04926865 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

STARVIEW ESTATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs R Groos

J Schreiber

SECRETARY:

Mrs R Niederman

REGISTERED OFFICE:

147 Stamford Hill

London

N16 5LG

REGISTERED NUMBER:

04926865 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

2

23,523

31,364

Investment property

3

7,391,440

7,414,963

7,422,804

CURRENT ASSETS

Debtors

1,598,949

1,417,760

Cash at bank

950,991

16

2,549,940

1,417,776

CREDITORS

Amounts falling due within one year

3,034,442

1,905,592

NET CURRENT LIABILITIES

(484,502

)

(487,816

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,930,461

6,934,988

CREDITORS

Amounts falling due after more than one
year

4

6,402,374

6,412,576

NET ASSETS

528,087

522,412

CAPITAL AND RESERVES

Called up share capital

5

100

Profit and loss account

527,987

522,312

SHAREHOLDERS' FUNDS

528,087

522,412

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 21 December 2014 and were signed on its behalf
by:

Mrs R Groos - Director

J Schreiber - 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 April 2008).

Turnover

Turnover represents net rent receivable, excluding value added tax.

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

-

25% on reducing balance

Investment property - depreciation

In accordance with Financial Reporting standard for Smaller Entities (effective April 2008), no depreciation or

amortisation is provided in respect of freehold investment properties nor on leasehold investment properties

having an unexpired term of more than twenty years. This departure from the requirements of the Companies Act

2006, for all properties to be depreciated, is necessary, as the directors consider that this accounting policy

results in the financial statements giving true and fair view.

Deferred tax

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

sheet date.

Investment properties

Investment Properties are included in the Balance Sheet at historical cost, which is not in accordance with

Financial Reporting Standard for Smaller Entities(effective April 2008), which requires such properties to be

stated at current market value.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

455,691

DEPRECIATION

At 1 April 2013

424,327

Charge for year

7,841

At 31 March 2014

432,168

NET BOOK VALUE

At 31 March 2014

23,523

At 31 March 2013

31,364

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2013

and 31 March 2014

7,391,440

NET BOOK VALUE

At 31 March 2014

7,391,440

At 31 March 2013

7,391,440

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.3.14

31.3.13

£

Repayable by instalments

6,402,374

6,412,576

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

100

Ordinary

£1

100

Starview Estates Limited - Limited company - abbreviated - 11.0.0

Starview Estates Limited - Limited company - abbreviated - 11.0.0