Abbreviated Company Accounts - STERLING ARCHIVES LIMITED

STERLING ARCHIVES LIMITED - Company Information

02577566 STERLING ARCHIVES LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 02577566 2013-04-01 2014-03-31 02577566 2014-03-31 02577566 2013-03-31 02577566 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 02577566 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director3 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 02577566

STERLING ARCHIVES LIMITED

Abbreviated Accounts

31 March 2014

STERLING ARCHIVES LIMITED Registered Number 02577566

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	7,641	11,459
		7,641	11,459
Current assets
Stocks		5,126	8,963
Debtors		226,893	117,226
Cash at bank and in hand		83	-
		232,102	126,189
Creditors: amounts falling due within one year		(167,818)	(99,408)
Net current assets (liabilities)		64,284	26,781
Total assets less current liabilities		71,925	38,240
Creditors: amounts falling due after more than one year		(86,767)	-
Provisions for liabilities		(320)	(607)
Total net assets (liabilities)		(15,162)	37,633
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(15,164)	37,631
Shareholders' funds		(15,162)	37,633

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 23 December 2014

And signed on their behalf by:
MR B ALSTON, Director
MR A E ALSTON, Director

STERLING ARCHIVES LIMITED Registered Number 02577566

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derivies from the provision of goods falling within the company's ordinary activities.

Other accounting policies
Going concern

These accounts have been prepared on a going concern basis as the directors have confirmed their continued support and consider that with forthcoming cost savings there is sufficient working capital to continue trading for the foreseeable future.

2Tangible fixed assets

	£
Cost
At 1 April 2013	340,267
Additions	2,000
Disposals	(7,360)
Revaluations	-
Transfers	-
At 31 March 2014	334,907
Depreciation
At 1 April 2013	328,808
Charge for the year	5,808
On disposals	(7,350)
At 31 March 2014	327,266
Net book values
At 31 March 2014	7,641
At 31 March 2013	11,459

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2

4Transactions with directors

Name of director receiving advance or credit:	MR B ALSTON AND MR A E ALSTON
Description of the transaction:	INTEREST FREE LOAN
Balance at 1 April 2013:	£ 0
Advances or credits made:	£ 66,671
Advances or credits repaid:	-
Balance at 31 March 2014:	£ 66,671