Registered number
10625139
STURRY LTD
Filleted Accounts
31 January 2023
STURRY LTD
Registered number: 10625139
Balance Sheet
as at 31 January 2023
Notes 2023 2022
£ £
Current assets
Stocks 3,770 1,460
Debtors 3 9,750 620
Cash at bank and in hand 22,075 45,498
35,595 47,578
Creditors: amounts falling due within one year 4 (10,156) (5,896)
Net current assets 25,439 41,682
Total assets less current liabilities 25,439 41,682
Creditors: amounts falling due after more than one year 5 (23,141) (40,000)
Net assets 2,298 1,682
Capital and reserves
Called up share capital 100 100
Profit and loss account 2,198 1,582
Shareholder's funds 2,298 1,682
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mahmut Koksal
Director
Approved by the board on 12 June 2023
STURRY LTD
Notes to the Accounts
for the year ended 31 January 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods.Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A corporation tax liability is recognised for the tax payable on the taxable profit of the current period.Corporation tax is not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 4 4
3 Debtors 2023 2022
£ £
Prepayments & other debtors 9,750 620
4 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans (current liability) 8,712 -
Trade creditors 830 2,020
Taxation and social security costs 614 3,876
10,156 5,896
5 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans (non-current liability) 23,141 40,000
6 Other information
STURRY LTD is a private company limited by shares and incorporated in England. Its registered office is:
147 Cranbrook Road
Ilford
Essex
IG1 4PU
STURRY LTD 10625139 false 2022-02-01 2023-01-31 2023-01-31 VT Final Accounts April 2022 Mahmut Koksal No description of principal activity 10625139 2021-02-01 2022-01-31 10625139 core:WithinOneYear 2022-01-31 10625139 core:AfterOneYear 2022-01-31 10625139 core:ShareCapital 2022-01-31 10625139 core:RetainedEarningsAccumulatedLosses 2022-01-31 10625139 2022-02-01 2023-01-31 10625139 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 10625139 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 10625139 bus:Director40 2022-02-01 2023-01-31 10625139 2 2022-02-01 2023-01-31 10625139 countries:England 2022-02-01 2023-01-31 10625139 bus:FRS102 2022-02-01 2023-01-31 10625139 bus:FullAccounts 2022-02-01 2023-01-31 10625139 2023-01-31 10625139 core:WithinOneYear 2023-01-31 10625139 core:AfterOneYear 2023-01-31 10625139 core:ShareCapital 2023-01-31 10625139 core:RetainedEarningsAccumulatedLosses 2023-01-31 10625139 2022-01-31 iso4217:GBP xbrli:pure