Staterule Limited - Accounts to registrar (filleted) - small 17.3

Staterule Limited - Accounts to registrar (filleted) - small 17.3

STATERULE LIMITED - Company Information

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REGISTERED NUMBER: 02929639 (England and Wales)

















STATERULE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2017






STATERULE LIMITED (REGISTERED NUMBER: 02929639)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STATERULE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2017







DIRECTOR: Mr S Aksler





SECRETARY: Mrs M Aksler





REGISTERED OFFICE: First Floor
94 Stamford Hill
London
N16 6XS





REGISTERED NUMBER: 02929639 (England and Wales)





ACCOUNTANTS: Sugarwhite Meyer Accountants Ltd
First Floor
94 Stamford Hill
London
N16 6XS
Page 1
STATERULE LIMITED (REGISTERED NUMBER: 02929639)

BALANCE SHEET
31 MAY 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 9,971 9,978

CURRENT ASSETS
Debtors 6 153,486 130,947

CREDITORS
Amounts falling due within one year 7 26,983 18,668
NET CURRENT ASSETS 126,503 112,279
TOTAL ASSETS LESS CURRENT
LIABILITIES
136,474
122,257

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 136,472 122,255
136,474 122,257

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director on 20 February 2018 and were signed by:





Mr S Aksler - Director


The notes on pages 3 to 4 form part of these financial statements

Page 2
STATERULE LIMITED (REGISTERED NUMBER: 02929639)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2017

1. STATUTORY INFORMATION

Staterule Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information
page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A
These financial statements for the year ended 31 May 2017 are the first that are prepared in
accordance with FRS 102 Section 1A. The previous financial statements were prepared in accordance
with UK GAAP, the date of transition to FRS 102 Section 1A is 1 June 2015.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Office equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except
to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

Page 3
STATERULE LIMITED (REGISTERED NUMBER: 02929639)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2017

5. TANGIBLE FIXED ASSETS
Office Office
premises equipment Totals
£    £    £   
COST
At 1 June 2016
and 31 May 2017 9,950 6,231 16,181
DEPRECIATION
At 1 June 2016 - 6,203 6,203
Charge for year - 7 7
At 31 May 2017 - 6,210 6,210
NET BOOK VALUE
At 31 May 2017 9,950 21 9,971
At 31 May 2016 9,950 28 9,978

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other debtors 153,486 130,947

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Taxation and social security 3,556 6,067
Other creditors 23,427 12,601
26,983 18,668

8. FIRST YEAR ADOPTION

These are the first financial statements that comply with FRS 102. The company transitioned to FRS
102 on 1 June 2015.

No transitional adjustments were required in equity or profit or loss for the year.

Page 4