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REGISTERED NUMBER: 05256779 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 October 2023

for

Strategic Connections Limited

Strategic Connections Limited (Registered number: 05256779)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Strategic Connections Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Mrs R Maguire





SECRETARY: Mrs J Mounsey





REGISTERED OFFICE: 10 Jacobs Way
Pickmere
Knutsford
Cheshire
WA16 0GZ





REGISTERED NUMBER: 05256779 (England and Wales)





ACCOUNTANTS: Emmerson Accountancy Ltd
Atlantic Business Centre
Atlantic Street
Altrincham
Cheshire
WA14 5NQ

Strategic Connections Limited (Registered number: 05256779)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,833 2,992

CURRENT ASSETS
Debtors 5 16,470 10,085
Cash at bank 6,221 18,675
22,691 28,760
CREDITORS
Amounts falling due within one year 6 9,853 13,359
NET CURRENT ASSETS 12,838 15,401
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,671

18,393

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 16,670 18,392
SHAREHOLDERS' FUNDS 16,671 18,393

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 March 2024 and were signed by:





Mrs R Maguire - Director


Strategic Connections Limited (Registered number: 05256779)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Strategic Connections Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Strategic Connections Limited (Registered number: 05256779)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2022 7,409 5,447 12,856
Additions - 1,862 1,862
At 31 October 2023 7,409 7,309 14,718
DEPRECIATION
At 1 November 2022 5,494 4,370 9,864
Charge for year 287 734 1,021
At 31 October 2023 5,781 5,104 10,885
NET BOOK VALUE
At 31 October 2023 1,628 2,205 3,833
At 31 October 2022 1,915 1,077 2,992

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 6,525 10,085
Directors' current accounts 9,945 -
16,470 10,085

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 570 760
Tax 6,498 9,347
VAT 2,110 2,146
Directors' current accounts - 466
Accrued expenses 675 640
9,853 13,359

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
1 Ordinary £1 1 1

Strategic Connections Limited (Registered number: 05256779)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

8. RESERVES
Retained
earnings
£   

At 1 November 2022 18,392
Profit for the year 28,538
Dividends (30,260 )
At 31 October 2023 16,670