Abbreviated Company Accounts - STEM DEVELOPMENTS LIMITED

STEM DEVELOPMENTS LIMITED - Company Information

Registered Number 00782311

STEM DEVELOPMENTS LIMITED

Abbreviated Accounts

31 March 2015

STEM DEVELOPMENTS LIMITED Registered Number 00782311

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Investments	2	700,000	700,000
		700,000	700,000
Current assets
Cash at bank and in hand		22,359	37,253
		22,359	37,253
Creditors: amounts falling due within one year		(4,619)	(15,275)
Net current assets (liabilities)		17,740	21,978
Total assets less current liabilities		717,740	721,978
Total net assets (liabilities)		717,740	721,978
Capital and reserves
Called up share capital		1,000	1,000
Revaluation reserve		660,051	660,051
Profit and loss account		56,689	60,927
Shareholders' funds		717,740	721,978

For the year ending 31 March 2015 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 9 June 2015

And signed on their behalf by:
Mr A Williams, Director

STEM DEVELOPMENTS LIMITED Registered Number 00782311

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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.

2Fixed assets Investments
Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.