1 December 2022 false No description of principal activity Taxfiler 2023.10 09316866business:PrivateLimitedCompanyLtd2022-12-012023-11-30 093168662022-11-30 093168662022-12-012023-11-30 09316866business:AuditExemptWithAccountantsReport2022-12-012023-11-30 09316866business:FilletedAccounts2022-12-012023-11-30 093168662023-11-30 093168662022-11-30 09316866core:WithinOneYear2023-11-30 09316866core:WithinOneYear2022-11-30 09316866core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 09316866core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 09316866core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 09316866core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 09316866core:PreviouslyStatedAmount2023-11-30 09316866core:PreviouslyStatedAmount2022-11-30 09316866business:SmallEntities2022-12-012023-11-30 09316866business:Director12022-12-012023-11-30 09316866countries:EnglandWales2022-12-012023-11-30 09316866business:RegisteredOffice2022-12-012023-11-30 09316866core:LandBuildings2022-12-012023-11-30 09316866core:PlantMachinery2022-12-012023-11-30 09316866core:MotorVehicles2022-12-012023-11-30 09316866core:ComputerEquipment2022-12-012023-11-30 09316866core:LandBuildings2022-11-30 09316866core:PlantMachinery2022-11-30 09316866core:MotorVehicles2022-11-30 09316866core:ComputerEquipment2022-11-30 09316866core:LandBuildings2023-11-30 09316866core:PlantMachinery2023-11-30 09316866core:MotorVehicles2023-11-30 09316866core:ComputerEquipment2023-11-30 09316866core:AdditionsToInvestments2023-11-30 09316866core:AfterOneYear2023-11-30 09316866core:AfterOneYear2022-11-30 09316866core:AcceleratedTaxDepreciationDeferredTax2023-11-30 09316866core:AcceleratedTaxDepreciationDeferredTax2022-11-30 093168662021-11-30 093168662021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 09316866 (England and Wales)
That Strategy Co Ltd Unaudited accounts for the year ended 30 November 2023
That Strategy Co Ltd Unaudited accounts Contents
Page
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That Strategy Co Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
133,242 
110,286 
Investments
123,472 
113,472 
256,714 
223,758 
Current assets
Debtors
363,554 
261,465 
Cash at bank and in hand
762,699 
1,136,031 
1,126,253 
1,397,496 
Creditors: amounts falling due within one year
(163,501)
(432,698)
Net current assets
962,752 
964,798 
Total assets less current liabilities
1,219,466 
1,188,556 
Provisions for liabilities
Deferred tax
(3,208)
(2,572)
Net assets
1,216,258 
1,185,984 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,216,158 
1,185,884 
Shareholders' funds
1,216,258 
1,185,984 
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 19 February 2024 and were signed on its behalf by
Lisa Johnson Director Company Registration No. 09316866
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That Strategy Co Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
That Strategy Co Ltd is a private company, limited by shares, registered in England and Wales, registration number 09316866. The registered office is 128 City Road, London, EC1V 2NX.
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.
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:
Land & buildings
Not depreciated
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
33.33% straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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That Strategy Co Ltd Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2022
100,000 
7,733 
13,045 
- 
120,778 
Additions
20,410 
2,687 
- 
4,654 
27,751 
At 30 November 2023
120,410 
10,420 
13,045 
4,654 
148,529 
Depreciation
At 1 December 2022
- 
2,950 
7,542 
- 
10,492 
Charge for the year
- 
1,868 
1,376 
1,551 
4,795 
At 30 November 2023
- 
4,818 
8,918 
1,551 
15,287 
Net book value
At 30 November 2023
120,410 
5,602 
4,127 
3,103 
133,242 
At 30 November 2022
100,000 
4,783 
5,503 
- 
110,286 
5
Investments
Other investments 
£ 
Valuation at 1 December 2022
113,472 
Additions
10,000 
Valuation at 30 November 2023
123,472 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,938 
846 
Accrued income and prepayments
92,233 
- 
Other debtors
- 
567 
95,171 
1,413 
Amounts falling due after more than one year
Other debtors
268,383 
260,052 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
104,161 
44,834 
Trade creditors
7,202 
120,272 
Taxes and social security
29,815 
258,576 
Other creditors
710 
1,004 
Loans from directors
2,132 
8,012 
Accruals
19,481 
- 
163,501 
432,698 
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That Strategy Co Ltd Notes to the Accounts for the year ended 30 November 2023
8
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
3,208 
2,572 
2023 
2022 
£ 
£ 
Provision at start of year
2,572 
- 
Charged to the profit and loss account
636 
2,572 
Provision at end of year
3,208 
2,572 
9
Transactions with related parties
Included in Other Debtors due after more than one year in the accounts is a loan from the company to Lisa Johnson Properties Ltd - a company owned by the directors and shareholders of this company. Interest has been charged at market rate and the amount due as at the year end was £268,383 (2022: £260,052).
10
Average number of employees
During the year the average number of employees was 10 (2022: 8).
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