smallAccCompHo_0921.xslt
Company Registration No. 10714601 (England and Wales)
STU3 LTD
Financial Statements
for the Period from 01 April 2023 to 31 March 2024

STU3 LTD

Financial Statements for the period ending 31 March 2024

STU3 LTD

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

1. Statutory Information
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.

STU3 LTD

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

Tangible Fixed Asset Policy
Computer equipment is depreciated on a straight-line basis over 3 years.Plant and Machinery is depreciated on a straight-line basis over 3 years.Vehicles are depreciated on a 25% reducing balance basis.

STU3 LTD

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 24
2023 15
4. Principal Activity
Development and sale of higher education software solutions

STU3 LTD

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

5. Fixed Assets
Plant and Machinery Motor Vehicles Computer Equipment Total
Cost or valuation £ £ £ £
At 01/04/2023 - 141,146 10,557 151,703
Additions 3,252 213,432 14,417 231,101
Disposals - (54,007) - (54,007)
At 31/03/2024 3,252 300,571 24,974 328,797
Depreciation
At 01/04/2023 - 35,287 3,519 38,806
Charge for the year 1,084 79,771 8,325 89,180
Disposals - (23,628) - (23,628)
At 31/03/2024 1,084 91,430 11,844 104,358
Net Book Value
At 31/03/2024 2,168 209,141 13,130 224,439
At 31/03/2023 - 105,859 7,038 112,897