ST_LISAJ_LIMITED - Accounts

ST LISAJ LIMITED - Company Information

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Company Registration No. 08672776 (England and Wales)

ST LISAJ LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2016

ST LISAJ LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 4

ST LISAJ LIMITED

ABBREVIATED BALANCE SHEET

AS AT

29 FEBRUARY 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

2,856

5,151

Investments

25,158

28,014

5,184

Current assets

Debtors

63,678

33,410

Cash at bank and in hand

325,327

122,010

389,005

155,420

Creditors: amounts falling due within one year

(121,610)

(25,254)

Net current assets

267,395

130,166

Total assets less current liabilities

295,409

135,350

Capital and reserves

Called up share capital

100

Profit and loss account

295,309

135,250

Shareholders' funds

295,409

135,350

For the financial year ended 29 February 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 14 November 2016

I Fitzpatrick

Director

Company Registration No. 08672776

ST LISAJ LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 29 FEBRUARY 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

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

Plant and machinery

10% Straight line

Computer equipment

33% Reducing balance

1.5

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.6

Pensions

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme is charged to the profit and loss account in the period which they relate.

1.7

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

ST LISAJ LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 29 FEBRUARY 2016

- 3 -

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 March 2015

5,805

5,838

Additions

2,248

25,125

27,373

Disposals

(3,390)

At 29 February 2016

4,663

25,158

29,821

Depreciation

At 1 March 2015

654

On disposals

(254)

Charge for the year

1,407

At 29 February 2016

1,807

Net book value

At 29 February 2016

2,856

25,158

28,014

At 28 February 2015

5,151

5,184

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Ashmere Strategies Limited

United Kingdom

Ordinary

50.00

Total Recall Business Services Limited

United Kingdom

Ordinary

30.00

SHW Solutions Limited

United Kingdom

Ordinary

33.33

Employee Retention Services Limited

United Kingdom

Ordinary

50.00

Evolve Professional Services Limited

United Kingdom

Ordinary

100.00

ST LISAJ LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 29 FEBRUARY 2016

Fixed assets

(Continued)

- 4 -

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

Principal activity

Ashmere Strategies Limited

Provision of business services

8,249

36,252

Total Recall Business Services Limited

Provision of business services

(13,085)

(3,416)

SHW Solutions Limited

Provision of business services

95,703

95,700

Employee Retention Services Limited

Provision of tax consultancy

(15,028)

(15,026)

Evolve Professional Services Limited

Provision of tax consultancy

14,594

(22,661)

All of the figures shown above for Capital and reserves and Profit/(loss) for the year relate to the most up to date set of accounts for each investment. These are as follows:

Ashmere Strategies Limited - year ended 31 January 2016;

Total Recall Business Services Limited - year ended 31 December 2015;

SHW Solutions Limited - year ended 30 September 2014;

Employee Retention Services Limited - year ended 30 September 2015;

Evolve Professional Services Limited - year ended 31 July 2015.

On 7 June 2016 SHW Solutions Limited was dissolved and removed from the register.

Share capital

2016

2015

Allotted, called up and fully paid

1 Ordinary A share of £1 each

99 Ordinary B shares of £1 each

100

Each share is entitled to one vote in any circumstances.

Control

The company is controlled jointly by Ian and Lorraine Fitzpatrick.