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REGISTERED NUMBER: 07584307 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Station10 Limited

Station10 Limited (Registered number: 07584307)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Station10 Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: D C Ellis
M Ellis





REGISTERED OFFICE: 271 High Street
Berkhamsted
Herts
HP4 1AA





REGISTERED NUMBER: 07584307 (England and Wales)





ACCOUNTANTS: Stewarts Accountants Limited
271 High Street
Berkhamsted
Hertfordshire
HP4 1AA

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Station10 Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Station10 Limited for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Station10 Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Station10 Limited and state those matters that we have agreed to state to the Board of Directors of Station10 Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Station10 Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Station10 Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Station10 Limited. You consider that Station10 Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Station10 Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stewarts Accountants Limited
271 High Street
Berkhamsted
Hertfordshire
HP4 1AA


31 August 2024

Station10 Limited (Registered number: 07584307)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 502,259 307,323
Property, plant and equipment 5 67,857 121,392
570,116 428,715

CURRENT ASSETS
Debtors 6 399,556 581,087
Cash at bank and in hand 608,309 355,194
1,007,865 936,281
CREDITORS
Amounts falling due within one year 7 (223,551 ) (204,444 )
NET CURRENT ASSETS 784,314 731,837
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,354,430

1,160,552

CREDITORS
Amounts falling due after more than one
year

8

(190,365

)

-
NET ASSETS 1,164,065 1,160,552

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Other reserves 185 -
Retained earnings 1,153,880 1,150,552
SHAREHOLDERS' FUNDS 1,164,065 1,160,552

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Station10 Limited (Registered number: 07584307)

Balance Sheet - continued
30 April 2024


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 31 August 2024 and were signed on its behalf by:





D C Ellis - Director


Station10 Limited (Registered number: 07584307)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Station10 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.

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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 50% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Station10 Limited (Registered number: 07584307)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 29 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 May 2023 307,323
Additions 194,936
At 30 April 2024 502,259
NET BOOK VALUE
At 30 April 2024 502,259
At 30 April 2023 307,323

5. PROPERTY, PLANT AND EQUIPMENT
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 May 2023 190,274 20,948 60,483
Disposals (190,274 ) - -
At 30 April 2024 - 20,948 60,483
DEPRECIATION
At 1 May 2023 156,928 9,632 43,254
Charge for year 13,694 2,094 4,307
Eliminated on disposal (170,622 ) - -
At 30 April 2024 - 11,726 47,561
NET BOOK VALUE
At 30 April 2024 - 9,222 12,922
At 30 April 2023 33,346 11,316 17,229

Station10 Limited (Registered number: 07584307)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. PROPERTY, PLANT AND EQUIPMENT - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2023 2,120 140,836 414,661
Disposals - - (190,274 )
At 30 April 2024 2,120 140,836 224,387
DEPRECIATION
At 1 May 2023 1,363 82,092 293,269
Charge for year 189 13,599 33,883
Eliminated on disposal - - (170,622 )
At 30 April 2024 1,552 95,691 156,530
NET BOOK VALUE
At 30 April 2024 568 45,145 67,857
At 30 April 2023 757 58,744 121,392

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 313,002 405,014
Other debtors 86,554 176,073
399,556 581,087

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 44,792 -
Trade creditors 2,061 38,267
Taxation and social security 104,866 141,161
Other creditors 71,832 25,016
223,551 204,444

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 190,365 -

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.4.24 30.4.23
£    £   
Between one and five years - 183,080

Station10 Limited (Registered number: 07584307)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

10. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors who owns 100% of the called up share capital.