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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
Page
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Stratos European Policy Limited Company Information for the year ended 31 May 2023
Director
P R Styles
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
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Stratos European Policy Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
124,214 
128,171 
Investments
959,801 
583,000 
1,084,015 
711,171 
Current assets
Debtors
24,348 
11,280 
Cash at bank and in hand
37,487 
422,603 
61,835 
433,883 
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 
Capital and reserves
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
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Stratos European Policy Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
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.
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.
Turnover
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:
Plant & machinery
15%
Fixtures & fittings
10%
Computer equipment
25%
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 
Depreciation
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 
Net book value
At 31 May 2023
123,087 
- 
1,004 
123 
124,214 
At 31 May 2022
123,087 
- 
4,258 
826 
128,171 
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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 
Additions
556,801 
Disposals
(180,000)
Valuation at 31 May 2023
959,801 
Cogress Culvert Rd 1 LP & Cogress Kingmaker LP - property development partnership projects written off as worthless.
6
Debtors
2023 
2022 
£ 
£ 
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 
Other creditors
3,899 
- 
Loans from directors
90,495 
83,456 
126,295 
114,087 
8
Share capital
2023 
2022 
£ 
£ 
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).
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