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Company Registration No. 10627405 (England and Wales)
Stern Group Ltd Unaudited accounts for the year ended 29 February 2024
Stern Group Ltd Unaudited accounts Contents
Page
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Stern Group Ltd Company Information for the year ended 29 February 2024
Director
Lucia Cizmarikova
Company Number
10627405 (England and Wales)
Registered Office
72 GREAT SUFFOLK STREET LONDON SE1 0BL ENGLAND
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Stern Group Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
762,000 
762,000 
Tangible assets
765 
1,020 
Investments
1,610,000 
1,315,000 
2,372,765 
2,078,020 
Current assets
Debtors
3,594,652 
4,557,840 
Investments
325,000 
325,000 
Cash at bank and in hand
(279)
85,395 
3,919,373 
4,968,235 
Creditors: amounts falling due within one year
(4,293,985)
(5,110,587)
Net current liabilities
(374,612)
(142,352)
Total assets less current liabilities
1,998,153 
1,935,668 
Creditors: amounts falling due after more than one year
(774,795)
(762,000)
Net assets
1,223,358 
1,173,668 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,223,357 
1,173,667 
Shareholders' funds
1,223,358 
1,173,668 
For the year ending 29 February 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 director acknowledges her 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 and authorised for issue on 27 November 2024 and were signed on its behalf by
Lucia Cizmarikova Director Company Registration No. 10627405
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Stern Group Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Stern Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 10627405. The registered office is 72 GREAT SUFFOLK STREET, LONDON, SE1 0BL, ENGLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 March 2023
762,000 
At 29 February 2024
762,000 
Amortisation
At 1 March 2023
- 
At 29 February 2024
- 
Net book value
At 29 February 2024
762,000 
At 28 February 2023
762,000 
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Stern Group Ltd Notes to the Accounts for the year ended 29 February 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2023
5,248 
At 29 February 2024
5,248 
Depreciation
At 1 March 2023
4,228 
Charge for the year
255 
At 29 February 2024
4,483 
Net book value
At 29 February 2024
765 
At 28 February 2023
1,020 
6
Investments
Other investments 
£ 
Valuation at 1 March 2023
1,315,000 
Additions
345,000 
Disposals
(50,000)
Valuation at 29 February 2024
1,610,000 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(96,613)
687,662 
Accrued income and prepayments
- 
171,087 
(96,613)
858,749 
Amounts falling due after more than one year
Accrued income and prepayments
3,691,265 
3,699,091 
8
Investments held as current assets
2024 
2023 
£ 
£ 
Unlisted investments
325,000 
325,000 
9
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
27,824 
32,150 
Trade creditors
3,948,112 
4,761,888 
Taxes and social security
275,928 
275,928 
Other creditors
42,121 
40,621 
4,293,985 
5,110,587 
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Stern Group Ltd Notes to the Accounts for the year ended 29 February 2024
10
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
762,000 
762,000 
Taxes and social security
12,795 
- 
774,795 
762,000 
11
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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