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Company Registration No. 08295004 (England and Wales)
Stratastem Limited Unaudited accounts for the year ended 30 November 2023
Stratastem Limited Unaudited accounts Contents
Page
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Stratastem Limited Company Information for the year ended 30 November 2023
Directors
Christopher Ward Lisa Mohamet
Company Number
08295004 (England and Wales)
Registered Office
Open access lab 19-S-6 Alderley park Nether Alderley Macclesfield SK10 4TG UK
Accountants
Consept Accounting Solutions Ltd 73 Orchard Avenue Watford WD25 7JG
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Stratastem Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
112,375 
112,375 
Tangible assets
- 
444 
112,375 
112,819 
Current assets
Debtors
21,873 
1,100 
Cash at bank and in hand
40,290 
20,606 
62,163 
21,706 
Creditors: amounts falling due within one year
(15,123)
48,552 
Net current assets
47,040 
70,258 
Total assets less current liabilities
159,415 
183,077 
Creditors: amounts falling due after more than one year
(31,967)
(37,352)
Net assets
127,448 
145,725 
Capital and reserves
Called up share capital
100 
100 
Share premium
137,331 
137,331 
Profit and loss account
(9,983)
8,294 
Shareholders' funds
127,448 
145,725 
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 directors acknowledge their 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 of Directors and authorised for issue on 12 August 2024 and were signed on its behalf by
Christopher Ward Director Company Registration No. 08295004
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Stratastem Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Stratastem Limited is a private company, limited by shares, registered in England and Wales, registration number 08295004. The registered office is Open access lab 19-S-6, Alderley park, Nether Alderley, Macclesfield, SK10 4TG, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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:
4
Intangible fixed assets
Other 
£ 
Cost
At 1 December 2022
112,375 
At 30 November 2023
112,375 
Amortisation
At 1 December 2022
- 
At 30 November 2023
- 
Net book value
At 30 November 2023
112,375 
At 30 November 2022
112,375 
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Stratastem Limited Notes to the Accounts for the year ended 30 November 2023
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2022
2,000 
At 30 November 2023
2,000 
Depreciation
At 1 December 2022
1,556 
Charge for the year
444 
At 30 November 2023
2,000 
Net book value
At 30 November 2023
- 
At 30 November 2022
444 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,800 
- 
Other debtors
11,073 
1,100 
21,873 
1,100 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
18,051 
- 
Taxes and social security
(7,465)
(54,945)
Other creditors
1,037 
293 
Loans from directors
3,500 
- 
Accruals
- 
6,100 
15,123 
(48,552)
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
31,967 
37,352 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
10,000 10,000 Ordinary shares of £0.01 each of £0.01 each
100 
100 
10
Controlling party
The ultimate controlling parties are both of the directors who own a total of 55.66% of the share capital.
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Stratastem Limited Notes to the Accounts for the year ended 30 November 2023
11
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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