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REGISTERED NUMBER: 11194179 (England and Wales)














STREAM JET HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023






STREAM JET HOLDINGS LIMITED (REGISTERED NUMBER: 11194179)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STREAM JET HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: S Walton
J D Walton





REGISTERED OFFICE: Glenewes House
Gate Way Drive
Yeadon
Leeds
West Yorkshire
LS19 7XY





BUSINESS ADDRESS: 10 Barkers Well Fold
Leeds
West Yorkshire
LS12 5TR





REGISTERED NUMBER: 11194179 (England and Wales)





ACCOUNTANTS: BPR Heaton
Chartered Accountants
Glenewes House
Gate Way Drive
Leeds
West Yorkshire
LS19 7XY

STREAM JET HOLDINGS LIMITED (REGISTERED NUMBER: 11194179)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,364 -
Investment property 5 301,280 195,264
302,644 195,264

CURRENT ASSETS
Debtors 6 387,909 442,459
Cash at bank 90,784 188,394
478,693 630,853
CREDITORS
Amounts falling due within one year 7 86,622 20,734
NET CURRENT ASSETS 392,071 610,119
TOTAL ASSETS LESS CURRENT
LIABILITIES

694,715

805,383

PROVISIONS FOR LIABILITIES 259 6,505
NET ASSETS 694,456 798,878

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 374,000 374,000
Other reserves - 31,134
Retained earnings 319,456 392,744
SHAREHOLDERS' FUNDS 694,456 798,878

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

STREAM JET HOLDINGS LIMITED (REGISTERED NUMBER: 11194179)

BALANCE SHEET - continued
28 FEBRUARY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2023 and were signed on its behalf by:





S Walton - Director


STREAM JET HOLDINGS LIMITED (REGISTERED NUMBER: 11194179)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

Stream Jet Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£) rounded to the nearest pound.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial assets and liabilities are measured at original transaction price, except for those financial assets classified as at fair value through profit or loss.

Basic financial instruments
Basic financial instruments are those with relatively straight forward terms and would normally include cash, bank balances, trade debtors, trade creditors and uncomplicated bank loans.

Where the arrangement does not constitute a financing transaction, e.g. trade debtors on normal commercial terms, the debtor will be valued initially at transaction price (i.e. cost) and subsequently at transaction price less impairment (if any) due to concerns over recoverability.

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.


STREAM JET HOLDINGS LIMITED (REGISTERED NUMBER: 11194179)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,900
At 28 February 2023 1,900
DEPRECIATION
Charge for year 536
At 28 February 2023 536
NET BOOK VALUE
At 28 February 2023 1,364

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022 195,264
Additions 301,280
Disposals (195,264 )
At 28 February 2023 301,280
NET BOOK VALUE
At 28 February 2023 301,280
At 28 February 2022 195,264

Fair value at 28 February 2023 is represented by:
£   
Cost 301,280

The investment property was valued at the year end by reference to the Nationwide House Price Index, where applicable.

STREAM JET HOLDINGS LIMITED (REGISTERED NUMBER: 11194179)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 387,909 442,459

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 2,396 -
Other creditors 84,226 20,734
86,622 20,734

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2023 and 28 February 2022:

2023 2022
£    £   
S Walton and J D Walton
Balance outstanding at start of year - 21,916
Amounts advanced - 42,705
Amounts repaid - (64,621 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Interest has been charged at the HMRC approved rate.

9. RELATED PARTY DISCLOSURES

During the year, Stream Jet Property Company Limited, a company with directors in common, covered costs totalling £4,565 (2022: £3,443) on behalf of Stream Jet Holdings Limited.

At the balance sheet date the company was owed £387,909 (2022: £408,282) from Stream Jet Property Company Limited.