Company Registration No. SC672419 (Scotland)
STRETCH BROS LTD
Unaudited accounts
for the year ended 31 August 2023
STRETCH BROS LTD
Unaudited accounts
Contents
STRETCH BROS LTD
Company Information
for the year ended 31 August 2023
Director
Robbie Thomas Broome
Company Number
SC672419 (Scotland)
Registered Office
FIRST FLOOR 4 EARLS COURT
EARLS GATE BUSINESS PARK
GRANGEMOUTH
FK3 8ZE
UNITED KINGDOM
STRETCH BROS LTD
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
1,313
2,184
Creditors: amounts falling due within one year
(10,000)
(12,378)
Net current assets/(liabilities)
2,025
(245)
Profit and loss account
2,177
2,312
Shareholders' funds
2,177
2,312
For the year ending 31 August 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 13 May 2024 and were signed on its behalf by
Robbie Thomas Broome
Director
Company Registration No. SC672419
STRETCH BROS LTD
Notes to the Accounts
for the year ended 31 August 2023
STRETCH BROS LTD is a private company, limited by shares, registered in Scotland, registration number SC672419. The registered office is FIRST FLOOR 4 EARLS COURT, EARLS GATE BUSINESS PARK, GRANGEMOUTH, FK3 8ZE, 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.
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
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2022
5,568
1,799
7,367
At 31 August 2023
5,568
1,799
7,367
At 1 September 2022
3,610
1,200
4,810
Charge for the year
1,805
600
2,405
At 31 August 2023
5,415
1,800
7,215
At 31 August 2023
153
(1)
152
At 31 August 2022
1,958
599
2,557
Amounts falling due within one year
STRETCH BROS LTD
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023
2022
Other creditors
10,000
12,001
Loans from directors
-
377
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).