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REGISTERED NUMBER: 03557749 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Stream Limited

Stream Limited (Registered number: 03557749)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stream Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mrs J R Crowe
Mr P J Topp





SECRETARY: Mr P J Topp





REGISTERED OFFICE: Marlow International Parkway
Marlow
Buckinghamshire
SL71YL





REGISTERED NUMBER: 03557749 (England and Wales)





ACCOUNTANTS: Wilson Partners Limited
Chartered Accountants
TOR
Saint-Cloud Way
Maidenhead
Berkshire
SL6 8BN

Stream Limited (Registered number: 03557749)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,992 3,863

CURRENT ASSETS
Debtors 5 406,765 552,491
Cash at bank 530,026 154,997
936,791 707,488
CREDITORS
Amounts falling due within one year 6 (243,878 ) (294,907 )
NET CURRENT ASSETS 692,913 412,581
TOTAL ASSETS LESS CURRENT LIABILITIES 694,905 416,444

PROVISIONS FOR LIABILITIES (498 ) (966 )
NET ASSETS 694,407 415,478

CAPITAL AND RESERVES
Called up share capital 12 12
Retained earnings 694,395 415,466
SHAREHOLDERS' FUNDS 694,407 415,478

Stream Limited (Registered number: 03557749)

Balance Sheet - continued
31 May 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 15 August 2024 and were signed on its behalf by:




Mrs J R Crowe - Director



Mr P J Topp - Director


Stream Limited (Registered number: 03557749)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Stream 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.

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.

Significant judgements and estimates
In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The company does not make significant estimates and assumptions concerning the future.

Turnover
Turnover represents invoiced sales of goods and services together with unbilled work at the average rate for the year (amounts recoverable on contracts) net of value added tax.

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 fillings - Straight line over 4 years
Computer equipment - Straight line over 4 years

Tangible fixed assets are included at cost less depreciation and impairment.

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.

Stream Limited (Registered number: 03557749)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 15 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 18,342
Disposals (5,107 )
At 31 May 2024 13,235
DEPRECIATION
At 1 June 2023 14,479
Charge for year 1,871
Eliminated on disposal (5,107 )
At 31 May 2024 11,243
NET BOOK VALUE
At 31 May 2024 1,992
At 31 May 2023 3,863

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 364,717 535,101
Amounts recoverable on contracts 7,175 5,370
Other debtors 34,873 12,020
406,765 552,491

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 43,374 179,672
Taxation and social security 180,829 94,093
Other creditors 19,675 21,142
243,878 294,907

Stream Limited (Registered number: 03557749)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.5.24 31.5.23
£    £   
Within one year 71,145 69,552
Between one and five years 66,984 17,388
138,129 86,940

8. ULTIMATE CONTROLLING PARTY

In the opinion of the directors there is no ultimate controlling party.