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REGISTERED NUMBER: 13594026 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Stem Source Uk Distribution Limited

Stem Source Uk Distribution Limited (Registered number: 13594026)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Stem Source Uk Distribution Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: R J Perham
N Roffe





REGISTERED OFFICE: 3 Weybridge Walk
Shoeburyness
Southend-On-Sea
SS3 8YJ





REGISTERED NUMBER: 13594026 (England and Wales)





ACCOUNTANTS: R C Advisory Limited t/a Randall Cole
Chartered Accountants & Business Advisor
25 Southend Road
Hockley
Essex
SS5 4PZ

Stem Source Uk Distribution Limited (Registered number: 13594026)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,225 8,703

CURRENT ASSETS
Stocks - 4,946
Debtors 5 335 6,472
Cash at bank 2,508 2,496
2,843 13,914
CREDITORS
Amounts falling due within one year 6 8,467 7,763
NET CURRENT (LIABILITIES)/ASSETS (5,624 ) 6,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,601

14,854

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,501 14,754
2,601 14,854

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

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

Stem Source Uk Distribution Limited (Registered number: 13594026)

Balance Sheet - continued
31 August 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 22 January 2024 and were signed on its behalf by:





R J Perham - Director


Stem Source Uk Distribution Limited (Registered number: 13594026)

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

1. STATUTORY INFORMATION

Stem Source Uk Distribution 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 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.

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

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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Stem Source Uk Distribution Limited (Registered number: 13594026)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022 11,872
Additions 2,450
At 31 August 2023 14,322
DEPRECIATION
At 1 September 2022 3,169
Charge for year 2,928
At 31 August 2023 6,097
NET BOOK VALUE
At 31 August 2023 8,225
At 31 August 2022 8,703

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Other debtors 335 6,472

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Taxation and social security 7,448 6,624
Other creditors 1,019 1,139
8,467 7,763

Stem Source Uk Distribution Limited (Registered number: 13594026)

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

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 August 2023 and the period ended 31 August 2022:

31.8.23 31.8.22
£    £   
N Roffe
Balance outstanding at start of year 3,295 -
Amounts advanced - 5,295
Amounts repaid (3,417 ) (2,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (122 ) 3,295

R J Perham
Balance outstanding at start of year 3,777 -
Amounts advanced - 5,777
Amounts repaid (3,323 ) (2,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 454 3,777

Stem Source Uk Distribution Limited

Report of the Accountants to the Directors of
Stem Source Uk Distribution Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






R C Advisory Limited t/a Randall Cole
Chartered Accountants & Business Advisor
25 Southend Road
Hockley
Essex
SS5 4PZ


22 January 2024