Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 true No description of principal activity 1 April 2023 31 March 2024 31 March 2024 09431794 Mr Marco Dell'Isola iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09431794 2023-03-31 09431794 2024-03-31 09431794 2023-04-01 2024-03-31 09431794 frs-core:CurrentFinancialInstruments 2024-03-31 09431794 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 09431794 frs-core:FurnitureFittings 2024-03-31 09431794 frs-core:FurnitureFittings 2023-04-01 2024-03-31 09431794 frs-core:FurnitureFittings 2023-03-31 09431794 frs-core:MotorVehicles 2024-03-31 09431794 frs-core:MotorVehicles 2023-04-01 2024-03-31 09431794 frs-core:MotorVehicles 2023-03-31 09431794 frs-core:OtherResidualIntangibleAssets 2024-03-31 09431794 frs-core:OtherResidualIntangibleAssets 2023-04-01 2024-03-31 09431794 frs-core:OtherResidualIntangibleAssets 2023-03-31 09431794 frs-core:PlantMachinery 2023-04-01 2024-03-31 09431794 frs-core:ShareCapital 2024-03-31 09431794 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09431794 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09431794 frs-bus:FullAccounts 2023-04-01 2024-03-31 09431794 frs-bus:SmallEntities 2023-04-01 2024-03-31 09431794 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09431794 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09431794 frs-bus:SmallCompaniesRegimeForDirectorsReport 2023-04-01 2024-03-31 09431794 frs-bus:Director1 2023-04-01 2024-03-31 09431794 frs-countries:EnglandWales 2023-04-01 2024-03-31 09431794 2022-03-31 09431794 2023-03-31 09431794 2022-04-01 2023-03-31 09431794 frs-core:CurrentFinancialInstruments 2023-03-31 09431794 frs-core:ShareCapital 2023-03-31 09431794 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 09431794
Stay Strong Intl Limited
Director's Report and
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Company Information 1
Director's Report 2
Profit and Loss Account 3
Balance Sheet 4
Notes to the Financial Statements 5—7
Page 1
Company Information
Director Mr Marco Dell'Isola
Company Number 09431794
Registered Office Source Bmx
Maunsell Road
St. Leonards-On-Sea
East Sussex
TN38 9NN
Accountants Aublet Limited
The Old Barn
5 Moat Close
Chipstead
Kent
TN13 2HZ
Page 1
Page 2
Director's Report
The director presents his report and the financial statements for the year ended 31 March 2024.
Directors
The director who held office during the year were as follows:
Mr Marco Dell'Isola
Statement of Director's Responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to: 
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mr Marco Dell'Isola
Director
9th August 2024
Page 2
Page 3
Profit and Loss Account
2024 2023
Notes £ £
TURNOVER 187,045 600,927
Cost of sales (99,869 ) (409,843 )
GROSS PROFIT 87,176 191,084
Distribution costs (30,918 ) (14,460 )
Administrative expenses (108,811 ) (413,987 )
OPERATING LOSS (52,553 ) (237,363 )
Loss on disposal of fixed assets - (27,162 )
Interest payable and similar charges (7,452 ) 366
LOSS FOR THE FINANCIAL YEAR (60,005 ) (264,159 )
The notes on pages 5 to 7 form part of these financial statements.
Page 3
Page 4
Balance Sheet
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,598 -
Tangible Assets 5 1,449 4,328
4,047 4,328
CURRENT ASSETS
Stocks 6 61,410 -
Debtors 7 143,032 217,147
Cash at bank and in hand 6,145 7,740
210,587 224,887
Creditors: Amounts Falling Due Within One Year 8 (214,634 ) (116,275 )
NET CURRENT ASSETS (LIABILITIES) (4,047 ) 108,612
TOTAL ASSETS LESS CURRENT LIABILITIES - 112,940
NET ASSETS - 112,940
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (100 ) 112,840
SHAREHOLDERS' FUNDS - 112,940
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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 in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mr Marco Dell'Isola
Director
9th August 2024
The notes on pages 5 to 7 form part of these financial statements.
Page 4
Page 5
Notes to the Financial Statements
1. General Information
Stay Strong Intl Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09431794 . The registered office is Source Bmx, Maunsell Road, St. Leonards-On-Sea, East Sussex, TN38 9NN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Revenue is recognised to the extent that it is probable that the economic bendifts will flow to the Company and the revenue can be reliably measured. Revenue is measure as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Sale of goods
Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
  • the Company has transferred the significant risks and rewards of ownership to the buyer;
  • the Company retains neither continuing managerial involvement to the degree usually associated with ownderhip nor effective control over the goods sold;
  • the amount of revenue can be measured reliably;
  • it is probably that the Company will recive the consideration due under the transaction; and
  • the cost incurred or to be incurred in repsect of the transaction can be measured reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% reducing balance per annum
Motor Vehicles 20% reducing balance per annum
Fixtures & Fittings 15% reducing balance per annum
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
Page 5
Page 6
4. Intangible Assets
Other
£
Cost
As at 1 April 2023 -
Additions 2,784
As at 31 March 2024 2,784
Amortisation
As at 1 April 2023 -
Provided during the period 186
As at 31 March 2024 186
Net Book Value
As at 31 March 2024 2,598
As at 1 April 2023 -
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 12,121 2,529 14,650
As at 31 March 2024 12,121 2,529 14,650
Depreciation
As at 1 April 2023 9,431 891 10,322
Provided during the period 1,241 1,638 2,879
As at 31 March 2024 10,672 2,529 13,201
Net Book Value
As at 31 March 2024 1,449 - 1,449
As at 1 April 2023 2,690 1,638 4,328
6. Stocks
2024 2023
£ £
Stock 61,410 -
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 51,128 156,363
Prepayments and accrued income 3,473 -
Amounts owed by group undertakings 88,431 60,784
143,032 217,147
Page 6
Page 7
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 11,884 6,775
VAT 2,927 1,406
Other creditors 52,928 -
Accruals and deferred income 79,380 83,210
Amounts owed to group undertakings 67,515 24,884
214,634 116,275
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 7