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REGISTERED NUMBER: 13587264 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

START GROW SELL LTD

START GROW SELL LTD (REGISTERED NUMBER: 13587264)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


START GROW SELL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Ms F Hudson-Kelly





REGISTERED OFFICE: Fosse Cottage Farm
Street Ashton
Rugby
CV23 0PL





REGISTERED NUMBER: 13587264 (England and Wales)





ACCOUNTANTS: Walker Thompson Ltd
Accountants and Registered Auditors
Empress House
43A Binley Road
Coventry
CV3 1HU

START GROW SELL LTD (REGISTERED NUMBER: 13587264)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 36,072 16,990

CURRENT ASSETS
Stocks 5 10,703 22,320
Debtors 6 876 2,663
Cash at bank 1,305 23,465
12,884 48,448
CREDITORS
Amounts falling due within one year 7 2,005 19,893
NET CURRENT ASSETS 10,879 28,555
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,951

45,545

CREDITORS
Amounts falling due after more than one
year

8

147,514

90,128
NET LIABILITIES (100,563 ) (44,583 )

CAPITAL AND RESERVES
Called up share capital 9 10 10
Retained earnings (100,573 ) (44,593 )
SHAREHOLDERS' FUNDS (100,563 ) (44,583 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

START GROW SELL LTD (REGISTERED NUMBER: 13587264)

BALANCE SHEET - continued
31 MARCH 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 August 2024 and were signed by:





Ms F Hudson-Kelly - Director


START GROW SELL LTD (REGISTERED NUMBER: 13587264)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Start Grow Sell Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The company has not began to generate revenue in this period and because of this the company has incurred operating losses of £55,980 in the period to 31 March 2024 (31 March 2023: £41,966). In addition, the company has reported net current assets for the period ended 31 March 2024 amounting to £10,879 (31 March 2023: £28,555 ).

The director is uncertain when the company will begin to generate revenue and begin generating profits and positive cashflows from operations. The director has funded the company during this period and will continue to do so for the foreseeable future.

On this basis the accounts have been prepared on a going concern basis.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured
at cost less any accumulated amortisation and any accumulated impairment losses.

The company policy is to capitalise all direct and indirect costs related to the ongoing development of its principal technology products. The development costs are amortised only from the date at which income streams commence from such products and will be taken over the estimated useful life of the asset.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

START GROW SELL LTD (REGISTERED NUMBER: 13587264)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INTANGIBLE FIXED ASSETS
Developme
costs
£   
COST
At 1 April 2023 16,990
Additions 19,082
At 31 March 2024 36,072
NET BOOK VALUE
At 31 March 2024 36,072
At 31 March 2023 16,990

5. STOCKS
2024 2023
£    £   
Stocks 10,703 22,320

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11 230
Other debtors 865 2,433
876 2,663

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 750 19,093
Other creditors 1,255 800
2,005 19,893

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 147,514 90,128

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10 Ordinary £1 10 10