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REGISTERED NUMBER: 08612865 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Strategic Coatings Limited

Strategic Coatings Limited (Registered number: 08612865)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Strategic Coatings Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: Dr M N Miskin
Dr M I Miskin
Mr M W Miskin





REGISTERED OFFICE: Pickering House
40A York Place
Leeds
LS1 2ED





REGISTERED NUMBER: 08612865 (England and Wales)





ACCOUNTANTS: Aysgarth Chartered Accountants
Pickering House
40A York Place
Leeds
LS1 2ED

Strategic Coatings Limited (Registered number: 08612865)

Balance Sheet
31 May 2023

31/5/23 31/5/22
Notes £    £   
CURRENT ASSETS
Debtors 4 158,032 6,682
Cash at bank and in hand 1,297,179 2,160,677
1,455,211 2,167,359
CREDITORS
Amounts falling due within one year 5 496,202 1,648,018
NET CURRENT ASSETS 959,009 519,341
TOTAL ASSETS LESS CURRENT LIABILITIES 959,009 519,341

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 958,909 519,241
SHAREHOLDERS' FUNDS 959,009 519,341

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

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

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 31 January 2024 and were signed on its behalf by:





Dr M I Miskin - Director


Strategic Coatings Limited (Registered number: 08612865)

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

1. STATUTORY INFORMATION

Strategic Coatings 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 4 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/23 31/5/22
£    £   
Other debtors 158,032 6,682

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/23 31/5/22
£    £   
Amounts owed to group undertakings 3,000 1,200,000
Taxation and social security 215,745 214,518
Other creditors 277,457 233,500
496,202 1,648,018

6. ULTIMATE CONTROLLING PARTY

In the opinion of the director there is no ultimate controlling party.

The controlling party is Limbani Group Limited, company no. 08612516. As the group is a small group no consolidated accounts are required. The registered office of the controlling party is Pickering House, 40A York Place, Leeds LS1 2ED.