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REGISTERED NUMBER: 08611233 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Stratus Medical Ltd

Stratus Medical Ltd (Registered number: 08611233)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stratus Medical Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Dr M H Coupe





SECRETARY:





REGISTERED OFFICE: Moore
30 Gay Street
Bath
Somerset
BA1 2PA





REGISTERED NUMBER: 08611233 (England and Wales)





ACCOUNTANTS: Moore
Chartered Accountants
30 Gay Street
Bath
BA1 2PA

Stratus Medical Ltd (Registered number: 08611233)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,770 14,713

CURRENT ASSETS
Debtors 5 2,971 8,941
Cash at bank 102,080 54,163
105,051 63,104
CREDITORS
Amounts falling due within one year 6 9,410 5,167
NET CURRENT ASSETS 95,641 57,937
TOTAL ASSETS LESS CURRENT
LIABILITIES

109,411

72,650

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 109,311 72,550
SHAREHOLDERS' FUNDS 109,411 72,650

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Stratus Medical Ltd (Registered number: 08611233)

Balance Sheet - continued
31 March 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 director and authorised for issue on 10 October 2023 and were signed by:





Dr M H Coupe - Director


Stratus Medical Ltd (Registered number: 08611233)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Stratus Medical Ltd 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 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.

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 each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
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.

Stratus Medical Ltd (Registered number: 08611233)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2022 6,358 25,577 13,765 45,700
Additions 3,646 - - 3,646
At 31 March 2023 10,004 25,577 13,765 49,346
DEPRECIATION
At 1 April 2022 4,062 17,515 9,410 30,987
Charge for year 1,485 2,015 1,089 4,589
At 31 March 2023 5,547 19,530 10,499 35,576
NET BOOK VALUE
At 31 March 2023 4,457 6,047 3,266 13,770
At 31 March 2022 2,296 8,062 4,355 14,713

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 2,971 8,941

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 1 (1 )
Taxation and social security 9,291 1,928
Other creditors 118 3,240
9,410 5,167