Abbreviated Company Accounts - STANDPLANE LIMITED

STANDPLANE LIMITED - Company Information

04437092 STANDPLANE LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 04437092 2013-08-01 2014-07-31 04437092 2014-07-31 04437092 2013-07-31 04437092 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 04437092 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 04437092

STANDPLANE LIMITED

Abbreviated Accounts

31 July 2014

STANDPLANE LIMITED Registered Number 04437092

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	205	273
Investments	3	318,545	-
		318,750	273
Current assets
Stocks		161,846	616,504
Debtors		20,000	-
Cash at bank and in hand		73,649	7,665
		255,495	624,169
Creditors: amounts falling due within one year		(210,637)	(312,117)
Net current assets (liabilities)		44,858	312,052
Total assets less current liabilities		363,608	312,325
Total net assets (liabilities)		363,608	312,325
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		363,607	312,324
Shareholders' funds		363,608	312,325

For the year ending 31 July 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 21 April 2015

And signed on their behalf by:
Phillip Michael Loat, Director

STANDPLANE LIMITED Registered Number 04437092

Notes to the Abbreviated Accounts for the period ended 31 July 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.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:-

Motor vehicles - 25% reducing balance

Other accounting policies
Stock is valued at the lower of cost and net realisable value

2Tangible fixed assets

	£
Cost
At 1 August 2013	1,150
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	1,150
Depreciation
At 1 August 2013	877
Charge for the year	68
On disposals	-
At 31 July 2014	945
Net book values
At 31 July 2014	205
At 31 July 2013	273

3Fixed assets Investments
Investment property at cost £318545

4Called Up Share Capital
Allotted, called up and fully paid:

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