REGISTERED NUMBER: 04863179 (England and Wales)

Abbreviated Accounts for the Year Ended 30 September 2013

for

Stairway Projects Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

G R Adkins

Mrs S Adkins

SECRETARY:

Mrs P Adkins

REGISTERED OFFICE:

Sterling House

Langston Road

Loughton

Essex

IG10 3FA

REGISTERED NUMBER:

04863179 (England and Wales)

ACCOUNTANTS:

Ashton Hart David Lee

Sterling House

Langston Road

Loughton

Essex

IG10 3FA

FIXED ASSETS

Tangible assets

2

9,806

13,035

CURRENT ASSETS

Stocks

2,300

3,500

Debtors

20,362

10,445

Cash at bank and in hand

7,995

10,263

30,657

24,208

CREDITORS

Amounts falling due within one year

34,152

28,357

NET CURRENT LIABILITIES

(3,495

)

(4,149

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,311

8,886

CREDITORS

Amounts falling due after more than one year

6,235

8,981

NET ASSETS/(LIABILITIES)

76

(95

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(24

)

(195

)

SHAREHOLDERS' FUNDS

76

(95

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 17 June 2014 and were signed on its behalf by:

G R Adkins - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2012

and 30 September 2013

20,499

DEPRECIATION

At 1 October 2012

7,464

Charge for year

3,229

At 30 September 2013

10,693

NET BOOK VALUE

At 30 September 2013

9,806

At 30 September 2012

13,035

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.13

30.9.12

value:

£

£

100

Ordinary

£1

100

100