Registered Number 07387672

REDSTAR (G.B.) LIMITED

Abbreviated Accounts

28 February 2016

REDSTAR (G.B.) LIMITED Registered Number 07387672

Abbreviated Balance Sheet as at 28 February 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 500,000 500,000
Tangible assets 3 68,526 70,212
568,526 570,212
Current assets
Stocks 133,195 130,885
Debtors 6,979 -
Cash at bank and in hand 18,828 20,096
159,002 150,981
Creditors: amounts falling due within one year (471,454) (531,099)
Net current assets (liabilities) (312,452) (380,118)
Total assets less current liabilities 256,074 190,094
Creditors: amounts falling due after more than one year (1,260) (1,260)
Total net assets (liabilities) 254,814 188,834
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 254,714 188,734
Shareholders' funds 254,814 188,834
  • For the year ending 28 February 2016 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 31 March 2016

And signed on their behalf by:
Lal Hussain, Director

REDSTAR (G.B.) LIMITED Registered Number 07387672

Notes to the Abbreviated Accounts for the period ended 28 February 2016

1Accounting Policies

Turnover policy
Turnover represents the total invoice value, excluding value added tax,of sales made during the year

2Intangible fixed assets
£
Cost
At 1 March 2015 500,000
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2016 500,000
Amortisation
At 1 March 2015 -
Charge for the year -
On disposals -
At 28 February 2016 -
Net book values
At 28 February 2016 500,000
At 28 February 2015 500,000
3Tangible fixed assets
£
Cost
At 1 March 2015 105,847
Additions 7,065
Disposals -
Revaluations -
Transfers -
At 28 February 2016 112,912
Depreciation
At 1 March 2015 35,635
Charge for the year 8,751
On disposals -
At 28 February 2016 44,386
Net book values
At 28 February 2016 68,526
At 28 February 2015 70,212
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 Ordinary shares of £1 each 100 100