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Company Registration No. 11875413 (England and Wales)
StoPro Ltd Unaudited accounts for the year ended 31 March 2024
StoPro Ltd Unaudited accounts Contents
Page
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StoPro Ltd Company Information for the year ended 31 March 2024
Director
Sean West
Company Number
11875413 (England and Wales)
Registered Office
159 Rushams Road Horsham West Sussex RH12 2NY United Kingdom
Accountants
Chynance Accountancy Services Ltd 2 King Mark House Stret Constantine Newquay Cornwall TR7 1GF
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StoPro Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,856 
8,658 
Current assets
Debtors
2,448 
288 
Cash at bank and in hand
18,140 
7,219 
20,588 
7,507 
Creditors: amounts falling due within one year
(3,151)
(245)
Net current assets
17,437 
7,262 
Total assets less current liabilities
25,293 
15,920 
Creditors: amounts falling due after more than one year
(44,156)
(43,846)
Net liabilities
(18,863)
(27,926)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(18,864)
(27,927)
Shareholders' funds
(18,863)
(27,926)
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 April 2024 and were signed on its behalf by
Sean West Director Company Registration No. 11875413
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StoPro Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
StoPro Ltd is a private company, limited by shares, registered in England and Wales, registration number 11875413. The registered office is 159 Rushams Road, Horsham, West Sussex, RH12 2NY, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard. They have been compiled on the basis of going concern as the Director continues to provide his financial support to the Company.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
738 
18,395 
1,141 
20,274 
Additions
- 
- 
1,816 
1,816 
At 31 March 2024
738 
18,395 
2,957 
22,090 
Depreciation
At 1 April 2023
322 
10,635 
659 
11,616 
Charge for the year
104 
1,940 
574 
2,618 
At 31 March 2024
426 
12,575 
1,233 
14,234 
Net book value
At 31 March 2024
312 
5,820 
1,724 
7,856 
At 31 March 2023
416 
7,760 
482 
8,658 
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StoPro Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
288 
Trade debtors
2,448 
- 
2,448 
288 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,926 
- 
Accruals
225 
245 
3,151 
245 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
44,156 
43,846 
8
Loans to directors
Since the commencement of the Company, the Director injected his own funds into research & development and the construction of a prototype product. The director does not consider this to be repayable within one year.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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