2023-09-01 2024-08-31 false Capium Accounts Production 1.1 02847963 bus:AbridgedAccounts 2023-09-01 2024-08-31 02847963 bus:FRS102 2023-09-01 2024-08-31 02847963 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 02847963 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 02847963 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 02847963 2023-09-01 2024-08-31 02847963 2024-08-31 02847963 bus:RegisteredOffice 2023-09-01 2024-08-31 02847963 core:WithinOneYear 2024-08-31 02847963 core:AfterOneYear 2024-08-31 02847963 bus:Director1 2023-09-01 2024-08-31 02847963 bus:Director1 2024-08-31 02847963 bus:Director1 2022-09-01 2023-08-31 02847963 bus:Director2 2023-09-01 2024-08-31 02847963 bus:Director2 2024-08-31 02847963 bus:Director2 2022-09-01 2023-08-31 02847963 2022-09-01 02847963 bus:CompanySecretary1 2023-09-01 2024-08-31 02847963 bus:LeadAgentIfApplicable 2023-09-01 2024-08-31 02847963 2022-09-01 2023-08-31 02847963 2023-08-31 02847963 core:WithinOneYear 2023-08-31 02847963 core:AfterOneYear 2023-08-31 02847963 bus:EntityAccountantsOrAuditors 2022-09-01 2023-08-31 02847963 core:PlantMachinery 2023-09-01 2024-08-31 02847963 core:PlantMachinery 2024-08-31 02847963 core:PlantMachinery 2023-08-31 02847963 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-08-31 02847963 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-08-31 02847963 core:CostValuation core:Non-currentFinancialInstruments 2024-08-31 02847963 core:CostValuation core:Non-currentFinancialInstruments 2023-08-31 02847963 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-08-31 02847963 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-08-31 02847963 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-08-31 02847963 core:Non-currentFinancialInstruments 2024-08-31 02847963 core:Non-currentFinancialInstruments 2023-08-31 02847963 core:ShareCapital 2024-08-31 02847963 core:ShareCapital 2023-08-31 02847963 core:RetainedEarningsAccumulatedLosses 2024-08-31 02847963 core:RetainedEarningsAccumulatedLosses 2023-08-31 02847963 dpl:Item1 2023-09-01 02847963 dpl:Item1 2024-08-31 02847963 dpl:Item1 2022-09-01 02847963 dpl:Item1 2023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 02847963


 

 

 

STEREOLAB LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 September 2023

End date: 31 August 2024
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Stereolab Limited for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Stereolab Limited for the year ended 31 August 2024 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity 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, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance
This report is made solely to the Board of Directors of Stereolab Limited , as a body, in accordance with the terms of our engagement letter dated 21 October 2024. Our work has been undertaken solely to prepare for your approval the accounts of Stereolab Limited and state those matters that we have agreed to state to the Board of Directors of Stereolab Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stereolab Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Stereolab Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Stereolab Limited . You consider that Stereolab 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 accounts of Stereolab 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 accounts
31 August 2024



....................................................
Bevis & Co
38 College Road
Epsom
KT17 4HJ
21 October 2024
1
 
 
Notes
 
2024
£
  2023
£
Current assets      
Debtors 22,344    16,837 
Cash at bank and in hand 116,152    64,740 
138,496    81,577 
Creditors: amount falling due within one year (17,825)   (16,754)
Net current assets 120,671    64,823 
 
Total assets less current liabilities 120,671    64,823 
Net assets 120,671    64,823 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 120,571    64,723 
Shareholders' funds 120,671    64,823 
 


For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 21 October 2024 and were signed on its behalf by:


-------------------------------
Timothy John Gane
Director
2
General Information
Stereolab Limited is a private company, limited by shares, registered in , registration number 02847963, registration address Stereolab Limited , 38 College Road, Epsom, Surrey, KT17 4HJ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 25% Straight Line
2.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Total
  £   £
At 01 September 2023 13,299    13,299 
Additions  
Disposals  
At 31 August 2024 13,299    13,299 
Depreciation
At 01 September 2023 13,299    13,299 
Charge for year  
On disposals  
At 31 August 2024 13,299    13,299 
Net book values
Closing balance as at 31 August 2024  
Opening balance as at 01 September 2023  


3