Company Registration No. 11705031 (England and Wales)
Streakline Ltd
Unaudited accounts
for the year ended 30 November 2023
Streakline Ltd
Unaudited accounts
Contents
Streakline Ltd
Company Information
for the year ended 30 November 2023
Director
Mr Moazzam MASROOR
Company Number
11705031 (England and Wales)
Registered Office
58 SOMERSET DRIVE
GLENFIELD
LEICESTER
LE3 8QW
ENGLAND
Accountants
Metropolitan Accountants Ltd
Phoenix Business Centre
Office 10, Rosslyn Crescent
Harrow
Middlesex
HA1 2SP
Streakline Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
1,957
23,291
Cash at bank and in hand
2,491
10,217
Creditors: amounts falling due within one year
(6,396)
(11,807)
Net current assets/(liabilities)
18,095
(1,590)
Total assets less current liabilities
20,052
21,701
Creditors: amounts falling due after more than one year
(26,007)
(30,492)
Net liabilities
(5,955)
(8,791)
Called up share capital
100
100
Profit and loss account
(6,055)
(8,891)
Shareholders' funds
(5,955)
(8,791)
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 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 28 June 2024 and were signed on its behalf by
Mr Moazzam MASROOR
Director
Company Registration No. 11705031
Streakline Ltd
Notes to the Accounts
for the year ended 30 November 2023
Streakline Ltd is a private company, limited by shares, registered in England and Wales, registration number 11705031. The registered office is 58 SOMERSET DRIVE, GLENFIELD, LEICESTER, LE3 8QW, ENGLAND.
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.
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
20% on cost
Computer equipment
33% on cost
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
36,475
406
1,953
38,834
Disposals
(36,475)
-
-
(36,475)
At 30 November 2023
-
406
3,968
4,374
At 1 December 2022
14,530
81
932
15,543
Charge for the year
-
81
1,323
1,404
On disposals
(14,530)
-
-
(14,530)
At 30 November 2023
-
162
2,255
2,417
At 30 November 2023
-
244
1,713
1,957
At 30 November 2022
21,945
325
1,021
23,291
Streakline Ltd
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,584
5,724
Loans from directors
12
36
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 2).