Blackstar Wealth Management A Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 06890397 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

Blackstar Wealth Management A Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

C J Humphreys

REGISTERED OFFICE:

17 Wrens Court

Lower Queen Street

Sutton Coldfield

West Midlands

B72 1RT

REGISTERED NUMBER:

06890397 (England and Wales)

ACCOUNTANTS:

Curo Chartered Accountants

Curo House

Greenbox

Westonhall Road

Bromsgrove

Worcestershire

B60 4AL

FIXED ASSETS

Tangible assets

2

974

-

Investments

3

226,920

305,000

227,894

305,000

CURRENT ASSETS

Debtors

4

638

240

Cash at bank

2,785

20,025

3,423

20,265

CREDITORS

Amounts falling due within one year

21,878

7,670

NET CURRENT (LIABILITIES)/ASSETS

(18,455

)

12,595

TOTAL ASSETS LESS CURRENT
LIABILITIES

209,439

317,595

CREDITORS

Amounts falling due after more than one
year

199,950

304,950

NET ASSETS

9,489

12,645

CAPITAL AND RESERVES

Called up share capital

5

100

Profit and loss account

9,389

12,545

SHAREHOLDERS' FUNDS

9,489

12,645

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 25 January 2017 and were signed by:

C J Humphreys - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

798

Additions

1,167

At 30 April 2016

1,965

DEPRECIATION

At 1 May 2015

798

Charge for year

193

At 30 April 2016

991

NET BOOK VALUE

At 30 April 2016

974

At 30 April 2015

-

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 May 2015

305,000

Impairments

(78,080

)

At 30 April 2016

226,920

NET BOOK VALUE

At 30 April 2016

226,920

At 30 April 2015

305,000

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 588

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

6.	ULTIMATE PARENT COMPANY

The ultimate parent company is Blackstar Wealth Management Limited.