Company Registration No. 14600138 (England and Wales)
Stlm Ltd
Unaudited accounts
for the period from 18 January 2023 to 31 January 2024
Stlm Ltd
Unaudited accounts
Contents
Stlm Ltd
Company Information
for the period from 18 January 2023 to 31 January 2024
Directors
Lauren Jane Mason
Sian Gwenllian Rowlands
Company Number
14600138 (England and Wales)
Registered Office
Therapymatters Aldford House, Bell Meado
Cuckoo's Nest, Pulford
Chester
CH4 9EP
United Kingdom
Accountants
Power Accountants, Business and Tax Advisors Limited
Royal House, 14 Upper Northgate Street
Chester
CH1 4EE
Stlm Ltd
Statement of financial position
as at 31 January 2024
Creditors: amounts falling due within one year
(165,605)
Net current liabilities
(165,605)
Total assets less current liabilities
928,091
Creditors: amounts falling due after more than one year
(928,071)
Called up share capital
20
For the period ending 31 January 2024 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 16 April 2024 and were signed on its behalf by
Lauren Jane Mason
Director
Company Registration No. 14600138
Stlm Ltd
Notes to the Accounts
for the period from 18 January 2023 to 31 January 2024
Stlm Ltd is a private company, limited by shares, registered in England and Wales, registration number 14600138. The registered office is Therapymatters Aldford House, Bell Meado, Cuckoo's Nest, Pulford , Chester, CH4 9EP, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investments in shares are included at fair value.
4
Investments
Other investments
Valuation at 18 January 2023
-
Valuation at 31 January 2024
1,093,696
5
Creditors: amounts falling due within one year
2024
Amounts owed to group undertakings and other participating interests
150,000
Stlm Ltd
Notes to the Accounts
for the period from 18 January 2023 to 31 January 2024
6
Creditors: amounts falling due after more than one year
2024
Amounts owed to group undertakings and other participating interests
340,571
Deferred Consideration:
The company has recognised a liability for deferred consideration in connection with the acquisition of Fraser Brookes Ltd. The deferred consideration is payable in quarterly installments of £37,500 over 5 years and is due as follows:
Amounts due within one year: £150,000
Amounts due after more than one year: £587,500
The deferred consideration represents the fair value of the payments to be made for the acquisition.
7
Transactions with related parties
During the year, the company had an intercompany loan with Fraser Brookes Ltd. The loan was made to facilitate operational requirements and was interest-free. The balance of the loan as of the year-end is £340,571, which is recorded under creditors falling due after more than one year.
8
Average number of employees
During the period the average number of employees was 0.