Company Registration No. 12318577 (England and Wales)
STEMMA LIMITED
Unaudited accounts
for the year ended 30 November 2023
STEMMA LIMITED
Unaudited accounts
Contents
STEMMA LIMITED
Company Information
for the year ended 30 November 2023
Company Number
12318577 (England and Wales)
Registered Office
47 THE STREET
CARLTON COLVILLE
LOWESTOFT
SUFFOLK
NR33 8JP
ENGLAND
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
STEMMA LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
10,478
5,302
Cash at bank and in hand
376
1,102
Creditors: amounts falling due within one year
(12,774)
(8,506)
Net current (liabilities)/assets
(838)
9,266
Total assets less current liabilities
9,640
14,568
Creditors: amounts falling due after more than one year
(5,900)
(6,101)
Called up share capital
1
1
Profit and loss account
3,739
8,466
Shareholders' funds
3,740
8,467
For the year ending 30 November 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 her 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 27 April 2024 and were signed on its behalf by
Faye Taylor
Director
Company Registration No. 12318577
STEMMA LIMITED
Notes to the Accounts
for the year ended 30 November 2023
STEMMA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12318577. The registered office is 47 THE STREET, CARLTON COLVILLE, LOWESTOFT, SUFFOLK, NR33 8JP, ENGLAND.
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:
Motor vehicles
20% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
2,372
6,000
649
9,021
At 30 November 2023
2,372
13,795
649
16,816
At 1 December 2022
474
2,928
317
3,719
Charge for the year
380
2,173
66
2,619
At 30 November 2023
854
5,101
383
6,338
At 30 November 2023
1,518
8,694
266
10,478
At 30 November 2022
1,898
3,072
332
5,302
STEMMA LIMITED
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
7,727
4,799
7
Creditors: amounts falling due after more than one year
2023
2022
Taxes and social security
5,900
6,101
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).