Company Registration No. SC209121 (Scotland)
Sternberg Star Limited
Unaudited accounts
for the year ended 31 July 2017
Sternberg Star Limited
Unaudited accounts
Contents
Sternberg Star Limited
Company Information
for the year ended 31 July 2017
Company Number
SC209121 (Scotland)
Registered Office
5 TRAPRAIN TERRACE
HADDINGTON
EAST LOTHIAN
EH41 3QD
Sternberg Star Limited
Statement of financial position
as at 31 July 2017
Tangible assets
118,779
126,717
Cash at bank and in hand
20,005
503
Creditors: amounts falling due within one year
(127,590)
(124,965)
Net current liabilities
(107,585)
(124,462)
Called up share capital
100
100
Profit and loss account
11,094
2,155
Shareholders' funds
11,194
2,255
For the year ending 31 July 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 11 April 2018.
Alistair Simpson
Director
Company Registration No. SC209121
Sternberg Star Limited
Notes to the Accounts
for the year ended 31 July 2017
Sternberg Star Limited is a private company, limited by shares, registered in Scotland, registration number SC209121. The registered office is 5 TRAPRAIN TERRACE, HADDINGTON, EAST LOTHIAN, EH41 3QD.
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 July 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Sternberg Star Limited
Notes to the Accounts
for the year ended 31 July 2017
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2016
110,764
174,053
6,979
291,796
At 31 July 2017
110,764
174,053
6,979
291,796
At 1 August 2016
-
158,221
6,858
165,079
Charge for the year
-
7,916
22
7,938
At 31 July 2017
-
166,137
6,880
173,017
At 31 July 2017
110,764
7,916
99
118,779
At 31 July 2016
110,764
15,832
121
126,717
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Creditors: amounts falling due within one year
2017
2016
Taxes and social security
2,508
483
Loans from directors
124,732
124,132
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 0 (2016: 0).