Stravent Limited 04574655 false 2022-11-01 2023-10-31 2023-10-31 The principal activity of the company is 62090 - Other information technology service activities/74100 - Specialised design activities Digita Accounts Production Advanced 6.30.9574.0 true 04574655 2022-11-01 2023-10-31 04574655 2023-10-31 04574655 core:RetainedEarningsAccumulatedLosses 2023-10-31 04574655 core:ShareCapital 2023-10-31 04574655 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 04574655 core:FurnitureFittings 2023-10-31 04574655 core:OfficeEquipment 2023-10-31 04574655 bus:SmallEntities 2022-11-01 2023-10-31 04574655 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 04574655 bus:FullAccounts 2022-11-01 2023-10-31 04574655 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 04574655 bus:RegisteredOffice 2022-11-01 2023-10-31 04574655 bus:Director1 2022-11-01 2023-10-31 04574655 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 04574655 core:ComputerEquipment 2022-11-01 2023-10-31 04574655 core:FurnitureFittings 2022-11-01 2023-10-31 04574655 core:OfficeEquipment 2022-11-01 2023-10-31 04574655 countries:EnglandWales 2022-11-01 2023-10-31 04574655 2022-10-31 04574655 core:FurnitureFittings 2022-10-31 04574655 core:OfficeEquipment 2022-10-31 04574655 2021-11-01 2022-10-31 04574655 2022-10-31 04574655 core:RetainedEarningsAccumulatedLosses 2022-10-31 04574655 core:ShareCapital 2022-10-31 04574655 core:CurrentFinancialInstruments core:WithinOneYear 2022-10-31 04574655 core:FurnitureFittings 2022-10-31 04574655 core:OfficeEquipment 2022-10-31 iso4217:GBP xbrli:pure

Registration number: 04574655

Stravent Limited

Annual Report and Unaudited Financial Statements- Companies house filing

for the Year Ended 31 October 2023

 

Stravent Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 4

 

Stravent Limited

(Registration number: 04574655)
Statement of Financial Position as at 31 October 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

2,814

3,752

Current assets

 

Cash at bank and in hand

 

47,864

55,086

Creditors: Amounts falling due within one year

5

(1,969)

(1,785)

Net current assets

 

45,895

53,301

Net assets

 

48,709

57,053

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

48,609

56,953

Shareholders' funds

 

48,709

57,053

For the financial year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income Statement has been taken.

Approved and authorised by the director on 29 July 2024
 

.........................................
Dr G P R Ray
Director

 

Stravent Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Knoll House, Knoll Road, Camberley, Surrey, GU15 3SY. United Kingdom.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

25% reducing balance

Computer equipment

25% reducing balance

Trade debtors

Short term debtors are measured at transaction price, less any impairment.

 

Stravent Limited

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

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Employee benefits

Short-term employee benefits are recognised as an expense in the period which they are incurred.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).

 

Stravent Limited

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

4

Tangible assets

Fixtures and fittings
£

Computer equipment
£

Total
£

Cost or valuation

At 1 November 2022

390

5,935

6,325

At 31 October 2023

390

5,935

6,325

Depreciation

At 1 November 2022

226

2,347

2,573

Charge for the year

41

897

938

At 31 October 2023

267

3,244

3,511

Carrying amount

At 31 October 2023

123

2,691

2,814

At 31 October 2022

164

3,588

3,752

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Accruals and deferred income

1,157

912

Other creditors

812

873

1,969

1,785