IRIS Accounts Production v24.2.0.383 NI034898 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhNI0348982022-12-31NI0348982023-12-31NI0348982023-01-012023-12-31NI0348982021-12-31NI0348982022-01-012022-12-31NI0348982022-12-31NI034898ns15:NorthernIreland2023-01-012023-12-31NI034898ns14:PoundSterling2023-01-012023-12-31NI034898ns10:Director12023-01-012023-12-31NI034898ns10:PrivateLimitedCompanyLtd2023-01-012023-12-31NI034898ns10:SmallEntities2023-01-012023-12-31NI034898ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-31NI034898ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-31NI034898ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-31NI034898ns10:FullAccounts2023-01-012023-12-31NI034898ns10:Director22023-01-012023-12-31NI034898ns10:Director32023-01-012023-12-31NI034898ns10:RegisteredOffice2023-01-012023-12-31NI034898ns5:CurrentFinancialInstruments2023-12-31NI034898ns5:CurrentFinancialInstruments2022-12-31NI034898ns5:ShareCapital2023-12-31NI034898ns5:ShareCapital2022-12-31NI034898ns5:RetainedEarningsAccumulatedLosses2023-12-31NI034898ns5:RetainedEarningsAccumulatedLosses2022-12-31NI034898ns5:FurnitureFittings2023-01-012023-12-31NI034898ns5:ComputerEquipment2023-01-012023-12-31NI034898ns5:FurnitureFittings2022-12-31NI034898ns5:ComputerEquipment2022-12-31NI034898ns5:FurnitureFittings2023-12-31NI034898ns5:ComputerEquipment2023-12-31NI034898ns5:FurnitureFittings2022-12-31NI034898ns5:ComputerEquipment2022-12-31NI034898ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-31NI034898ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: NI034898 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Stratagem (NI) Ltd

Stratagem (NI) Ltd (Registered number: NI034898)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Stratagem (NI) Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Ms L Blake
Miss S King
A Sawford





REGISTERED OFFICE: Carnegie Building
121 Donegall Road
Belfast
BT12 5JL





REGISTERED NUMBER: NI034898 (Northern Ireland)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Chartered Accountants
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

Stratagem (NI) Ltd (Registered number: NI034898)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 28,285 28,918

CURRENT ASSETS
Debtors 6 197,486 167,118
Cash at bank 188,804 251,059
386,290 418,177
CREDITORS
Amounts falling due within one year 7 233,382 208,763
NET CURRENT ASSETS 152,908 209,414
TOTAL ASSETS LESS CURRENT
LIABILITIES

181,193

238,332

PROVISIONS FOR LIABILITIES 6,836 6,942
NET ASSETS 174,357 231,390

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 174,257 231,290
174,357 231,390

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

Stratagem (NI) Ltd (Registered number: NI034898)

Statement of Financial Position - continued
31 December 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 September 2024 and were signed on its behalf by:





Ms L Blake - Director


Stratagem (NI) Ltd (Registered number: NI034898)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Stratagem (NI) Ltd is a private company, limited by shares , registered in Northern Ireland. 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents fees from services invoiced excluding 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 fittings - 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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Stratagem (NI) Ltd (Registered number: NI034898)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 10 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 52,353 78,518 130,871
Additions - 3,317 3,317
At 31 December 2023 52,353 81,835 134,188
DEPRECIATION
At 1 January 2023 36,100 65,853 101,953
Charge for year 533 3,417 3,950
At 31 December 2023 36,633 69,270 105,903
NET BOOK VALUE
At 31 December 2023 15,720 12,565 28,285
At 31 December 2022 16,253 12,665 28,918

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 183,511 158,127
Other debtors 3,794 3,794
Prepayments 10,181 5,197
197,486 167,118

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 18,995 11,682
Amounts owed to group undertakings 100,000 100,000
Tax 13,817 16,857
Social security and other taxes 15,581 17,810
Pension 157 -
VAT 30,015 29,299
Other creditors 5,053 5,003
Accrued expenses 49,764 28,112
233,382 208,763