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REGISTERED NUMBER: 05333037 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

FOR

STREET RUNNERS LIMITED

STREET RUNNERS LIMITED (REGISTERED NUMBER: 05333037)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STREET RUNNERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2017







DIRECTOR: S Ibelgaupt





SECRETARY: S Ibelgaupt





REGISTERED OFFICE: Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA





REGISTERED NUMBER: 05333037 (England and Wales)





ACCOUNTANTS: Segrave & Partners LLP
Chartered Accountants
Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA

STREET RUNNERS LIMITED (REGISTERED NUMBER: 05333037)

BALANCE SHEET
30 APRIL 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,470 25,249

CURRENT ASSETS
Debtors 5 31,049 75,849
Cash at bank 25,500 -
56,549 75,849
CREDITORS
Amounts falling due within one year 6 67,233 100,260
NET CURRENT LIABILITIES (10,684 ) (24,411 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

786

838

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 766 818
SHAREHOLDERS' FUNDS 786 838

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the director on 5 December 2017 and were signed by:





S Ibelgaupt - Director


STREET RUNNERS LIMITED (REGISTERED NUMBER: 05333037)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2017

1. STATUTORY INFORMATION

Street Runners 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. ACCOUNTING POLICIES

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

Turnover
Turnover represents net invoiced sales of goods and services, excluding vat.

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.
Fixtures, fittings and equipment - 25% on cost
Motor vehicles - 25% on reducing balance

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

Current or deferred 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.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

Trade debtors
Trade debtors are stated net of advances received from factors. The factored debts are non-recourse subject to
debtors adhering to credit limits prescribed by the factors. Therefore, a linked presentation has been adopted.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 .

STREET RUNNERS LIMITED (REGISTERED NUMBER: 05333037)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2017

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
and Motor
equipment vehicles Totals
£    £    £   
COST
At 1 May 2016 59,942 33,323 93,265
Disposals - (7,814 ) (7,814 )
At 30 April 2017 59,942 25,509 85,451
DEPRECIATION
At 1 May 2016 46,487 21,529 68,016
Charge for year 8,357 2,125 10,482
Eliminated on disposal - (4,517 ) (4,517 )
At 30 April 2017 54,844 19,137 73,981
NET BOOK VALUE
At 30 April 2017 5,098 6,372 11,470
At 30 April 2016 13,455 11,794 25,249

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 May 2016 15,028
Transfer to ownership (15,028 )
At 30 April 2017 -
DEPRECIATION
At 1 May 2016 8,688
Transfer to ownership (8,688 )
At 30 April 2017 -
NET BOOK VALUE
At 30 April 2017 -
At 30 April 2016 6,340

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 24,049 68,849
Prepayments 7,000 7,000
31,049 75,849

The figure for trade debtors includes factored gross debtors of £456 less advances received from factors of
£1,346 (2016: factored gross debtors of £5,296 less advances received from factors of £3,333).

STREET RUNNERS LIMITED (REGISTERED NUMBER: 05333037)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2017

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts - 14,973
Hire purchase contracts - 2,487
Trade creditors 38,193 52,853
Tax 6,892 9,153
Social security and other taxes 2,455 852
VAT 16,264 16,383
Directors' current accounts 29 259
Accrued expenses 3,400 3,300
67,233 100,260

7. SECURED DEBTS

The following secured debts are included within creditors:

2017 2016
£    £   
Hire purchase contracts - 2,487

The Hire Purchase creditor is secured against the company vehicles to which it relates.