Registered number |
Registered number: | |||||||
Balance Sheet | |||||||
as at |
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Notes | 2023 | 2022 | |||||
£ | £ | ||||||
Fixed assets | |||||||
Tangible assets | 3 | ||||||
Current assets | |||||||
Stocks | |||||||
Debtors | 4 | ||||||
Cash at bank and in hand | |||||||
Creditors: amounts falling due within one year | 5 | ( |
( |
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Net current liabilities | ( |
( |
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Net liabilities | ( |
( |
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Capital and reserves | |||||||
Called up share capital | |||||||
Profit and loss account | ( |
( |
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Shareholders' funds | ( |
( |
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S A Alexandrou | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Accounts | ||||||||
for the year ended |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
Going concern | ||||||||
The accounts have been prepared on the going concern basis assuming the continued support of its creditors. | ||||||||
Turnover | ||||||||
Tangible fixed assets | ||||||||
Leasehold land and buildings | over the lease term | |||||||
Plant and machinery | over 5 years | |||||||
Debtors | ||||||||
Creditors | ||||||||
Taxation | ||||||||
2 | Employees | 2023 | 2022 | |||||
Number | Number | |||||||
Average number of persons employed by the company | ||||||||
3 | Tangible fixed assets | |||||||
Land and buildings | Plant and machinery etc | Total | ||||||
£ | £ | £ | ||||||
Cost | ||||||||
At 1 January 2023 | ||||||||
Additions | - | |||||||
At 31 December 2023 | ||||||||
Depreciation | ||||||||
At 1 January 2023 | ||||||||
Charge for the year | ||||||||
At 31 December 2023 | ||||||||
Net book value | ||||||||
At 31 December 2023 | ||||||||
At 31 December 2022 | ||||||||
4 | Debtors | 2023 | 2022 | |||||
£ | £ | |||||||
Rent deposit | 84,000 | 84,000 | ||||||
Prepayments | ||||||||
Amounts due after more than one year included above | ||||||||
5 | Creditors: amounts falling due within one year | 2023 | 2022 | |||||
£ | £ | |||||||
Trade creditors | ||||||||
Associated company loans | ||||||||
Other loans | 14,438 | 14,438 | ||||||
Taxation and social security costs | ||||||||
Directors' loan | 245,200 | 245,431 | ||||||
Accruals | ||||||||
6 | Other financial commitments | 2023 | 2022 | |||||
£ | £ | |||||||
Total future minimum payments under non-cancellable operating leases | ||||||||
7 | Related party transactions | |||||||
Atlantic Lodge (Housing) Ltd - £701,030 (2022 - £501,530) STUK01 Ltd - £88,000 (2022 - £88,000) Atlantic (Hertford) Ltd - £110,000 (2022 - £110,000) Icospec Ltd - £18,000 (2022 - £18,000l) Southern Territory (UK) Ltd - £5,000 (2022 - £5,000) Southern Territory Ltd - £13,000 (2022 - £13,000) Real Properties Ltd - £28,000 (2022 - £28,000) Atlantic Cudworth Ltd - £20,000 (2022 - £20,000) STUK10 Ltd - £115,534 (2022 - £115,534) These are companies in which the former directors A Alexandrou and G Leonidas have interests in. The current director S A Alexandrou is the son of A Alexandrou. There is no set repayment date for these loans. |
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8 | Transaction with directors and former directors | |||||||
As at 31 December 2023, the former directors had loaned the company £245,200 as follows: B S Karatas £213,950 T G Williams £31,250 There is no set repayment date for these loans. |
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9 | Controlling party | |||||||
10 | Other information | |||||||
STUK03 Ltd is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
Atlantic Business Centre | ||||||||
1 The Green | ||||||||
London | ||||||||
E4 7ES |