Acorah Software Products - Accounts Production 15.0.600 false true 31 October 2022 17 October 2021 false 1 November 2022 31 December 2023 31 December 2023 13684168 Mr Hery Henry Mr Peter Haider Mr Benjamin Sommer Hery Henry true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13684168 2022-10-31 13684168 2023-12-31 13684168 2022-11-01 2023-12-31 13684168 frs-core:CurrentFinancialInstruments 2023-12-31 13684168 frs-core:Non-currentFinancialInstruments 2023-12-31 13684168 frs-core:ShareCapital 2023-12-31 13684168 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13684168 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-12-31 13684168 frs-bus:FilletedAccounts 2022-11-01 2023-12-31 13684168 frs-bus:SmallEntities 2022-11-01 2023-12-31 13684168 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-12-31 13684168 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-12-31 13684168 1 2022-11-01 2023-12-31 13684168 frs-bus:Director1 2022-11-01 2023-12-31 13684168 frs-bus:Director1 2022-10-31 13684168 frs-bus:Director1 2023-12-31 13684168 frs-bus:Director2 2022-11-01 2023-12-31 13684168 frs-bus:Director3 2022-11-01 2023-12-31 13684168 frs-countries:EnglandWales 2022-11-01 2023-12-31 13684168 2021-10-16 13684168 2022-10-31 13684168 2021-10-17 2022-10-31 13684168 frs-core:CurrentFinancialInstruments 2022-10-31 13684168 frs-core:Non-currentFinancialInstruments 2022-10-31 13684168 frs-core:ShareCapital 2022-10-31 13684168 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 13684168
Stronger Business Partners Ltd
Unaudited Financial Statements
For the Period 1 November 2022 to 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13684168
31 December 2023 31 October 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 5,100 5,100
Investments 5 478,669 478,669
Cash at bank and in hand 3,934 6,640
487,703 490,409
Creditors: Amounts Falling Due Within One Year 6 (514,149 ) (354,593 )
NET CURRENT ASSETS (LIABILITIES) (26,446 ) 135,816
TOTAL ASSETS LESS CURRENT LIABILITIES (26,446 ) 135,816
Creditors: Amounts Falling Due After More Than One Year 7 - (159,556 )
NET LIABILITIES (26,446 ) (23,740 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (26,546 ) (23,840 )
SHAREHOLDERS' FUNDS (26,446) (23,740)
For the period ending 31 December 2023 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Hery Henry
Director
17/10/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Stronger Business Partners Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13684168 . The registered office is 52, Catherine Grove, London, SE10 8FS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments; and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measure at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangement entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.
Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividend payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL (2022: NIL)
- -
4. Debtors
31 December 2023 31 October 2022
£ £
Due within one year
Other debtors 5,100 5,100
5,100 5,100
5. Current Asset Investments
31 December 2023 31 October 2022
£ £
Unlisted investments 478,669 478,669
478,669 478,669
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6. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 October 2022
£ £
Other creditors 159,557 249,557
Accruals and deferred income 480 480
Amounts owed to group undertakings 354,112 104,556
514,149 354,593
7. Creditors: Amounts Falling Due After More Than One Year
31 December 2023 31 October 2022
£ £
Other creditors - 159,556
- 159,556
8. Share Capital
31 December 2023 31 October 2022
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 November 2022 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mr Hery Henry 5,000 5,000 5,000 - 5,000
The above loan is unsecured and repayable on demand.
10. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Heryhenry.com Ltd . Heryhenry.com Ltd was incorporated in the United Kingdom. The ultimate controlling party is Hery Henry who controls 100% of the shares of Stronger Business Partners Ltd .
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