STERLING ENTERPRISES LIMITED

Company Registration Number:
04917966 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

STERLING ENTERPRISES LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

STERLING ENTERPRISES LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 55,888 55,888
Tangible assets: 4 134,124 146,797
Investments:   0 0
Total fixed assets: 190,012 202,685
Current assets
Stocks: 9,750 15,000
Debtors:   81,792 62,652
Cash at bank and in hand: 256,117 211,882
Investments:   0 0
Total current assets: 347,659 289,534
Creditors: amounts falling due within one year:   (321,017) (340,236)
Net current assets (liabilities): 26,642 (50,702)
Total assets less current liabilities: 216,654 151,983
Creditors: amounts falling due after more than one year:   (106,667) (146,667)
Total net assets (liabilities): 109,987 5,316
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 109,887 5,216
Shareholders funds: 109,987 5,316

The notes form part of these financial statements

STERLING ENTERPRISES LIMITED

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 July 2024
and signed on behalf of the board by:

Name: Subasri Pradhaban
Status: Director

The notes form part of these financial statements

STERLING ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

STERLING ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 14 12

STERLING ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Intangible Assets

Total
Cost £
At 01 November 2022 190,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 October 2023 190,000
Amortisation
At 01 November 2022 134,112
Charge for year 0
On disposals 0
Other adjustments 0
At 31 October 2023 134,112
Net book value
At 31 October 2023 55,888
At 31 October 2022 55,888

STERLING ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible Assets

Total
Cost £
At 01 November 2022 620,976
Additions 2,167
Disposals 0
Revaluations 0
Transfers 0
At 31 October 2023 623,143
Depreciation
At 01 November 2022 474,179
Charge for year 14,840
On disposals 0
Other adjustments 0
At 31 October 2023 489,019
Net book value
At 31 October 2023 134,124
At 31 October 2022 146,797