Company Registration No. 4772591 (England and Wales)
Stratos European Policy Limited
Unaudited accounts
for the year ended 31 May 2023
Stratos European Policy Limited
Unaudited accounts
Contents
Stratos European Policy Limited
Company Information
for the year ended 31 May 2023
Company Number
4772591 (England and Wales)
Registered Office
38 Lyndhurst Road
Bexleyheath
Kent
DA7 6DF
Accountants
Smith Kiew Partnership
38 Lyndhurst Road
Bexleyheath
Kent
DA7 6DF
Stratos European Policy Limited
Statement of financial position
as at 31 May 2023
Tangible assets
124,214
128,171
Investments
959,801
583,000
Cash at bank and in hand
37,487
422,603
Creditors: amounts falling due within one year
(126,295)
(114,087)
Net current (liabilities)/assets
(64,460)
319,796
Net assets
1,019,555
1,030,967
Called up share capital
100
100
Profit and loss account
1,019,455
1,030,867
Shareholders' funds
1,019,555
1,030,967
For the year ending 31 May 2023 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 14 February 2024 and were signed on its behalf by
P R Styles
Director
Company Registration No. 4772591
Stratos European Policy Limited
Notes to the Accounts
for the year ended 31 May 2023
Stratos European Policy Limited is a private company, limited by shares, registered in England and Wales, registration number 4772591. The registered office is 38 Lyndhurst Road, Bexleyheath, Kent, DA7 6DF.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2022
123,087
12,177
32,546
2,809
170,619
At 31 May 2023
123,087
12,177
32,546
2,809
170,619
At 1 June 2022
-
12,177
28,288
1,983
42,448
Charge for the year
-
-
3,254
703
3,957
At 31 May 2023
-
12,177
31,542
2,686
46,405
At 31 May 2023
123,087
-
1,004
123
124,214
At 31 May 2022
123,087
-
4,258
826
128,171
Stratos European Policy Limited
Notes to the Accounts
for the year ended 31 May 2023
5
Investments
Other investments
Valuation at 1 June 2022
583,000
Valuation at 31 May 2023
959,801
Cogress Culvert Rd 1 LP & Cogress Kingmaker LP - property development partnership projects written off as worthless.
Amounts falling due within one year
Trade debtors
24,348
11,280
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
31,901
30,631
Loans from directors
90,495
83,456
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).