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Company Registration No. 09943834 (England and Wales)
STPRO Ltd Unaudited accounts for the year ended 31 December 2022
STPRO Ltd Unaudited accounts Contents
Page
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STPRO Ltd Company Information for the year ended 31 December 2022
Directors
Dr Aalok Shukla Mrs Lucie Marchelot
Company Number
09943834 (England and Wales)
Registered Office
4th Floor, Rex House 4-12 Regent Street London SW1Y 4PE United Kingdom
Accountants
DKB Accountancy & Taxation 12 Blackbrook Drive Lodge Moor Sheffield South Yorkshire S10 4LS
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STPRO Ltd Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,251 
20,295 
Current assets
Debtors
62,331 
50,081 
Cash at bank and in hand
211 
214 
62,542 
50,295 
Creditors: amounts falling due within one year
(62,613)
(50,480)
Net current liabilities
(71)
(185)
Total assets less current liabilities
17,180 
20,110 
Provisions for liabilities
Deferred tax
(4,301)
- 
Net assets
12,879 
20,110 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
12,877 
20,108 
Shareholders' funds
12,879 
20,110 
For the year ending 31 December 2022 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 31 December 2023 and were signed on its behalf by
Dr Aalok Shukla Director Company Registration No. 09943834
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STPRO Ltd Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
STPRO Ltd is a private company, limited by shares, registered in England and Wales, registration number 09943834. The registered office is 4th Floor, Rex House, 4-12 Regent Street, London, SW1Y 4PE, 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.
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 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.
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:
Plant & machinery
15% - reducing balance
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.
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STPRO Ltd Notes to the Accounts for the year ended 31 December 2022
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2022
29,211 
At 31 December 2022
29,211 
Depreciation
At 1 January 2022
8,916 
Charge for the year
3,044 
At 31 December 2022
11,960 
Net book value
At 31 December 2022
17,251 
At 31 December 2021
20,295 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Other debtors
62,331 
50,081 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Loans from directors
1,094 
1,094 
Accruals
61,519 
49,386 
62,613 
50,480 
7
Deferred taxation
2022 
2021 
£ 
£ 
Accelerated capital allowances
4,313 
- 
Tax losses carried forward
(12)
- 
4,301 
- 
2022 
2021 
£ 
£ 
Charged to the profit and loss account
4,301 
- 
Provision at end of year
4,301 
- 
8
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
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STPRO Ltd Notes to the Accounts for the year ended 31 December 2022
9
Transactions with related parties
At the year end a balance of £1,094 (2021 : £1,094), included in Director's Loans was owed to key management personnel as a result of financing provided during the period. The balance is repayable on demand and is non-interest bearing.
10
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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