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Company Registration No. 07085784 (England and Wales)
STERLING LONDON LIMITED Unaudited accounts for the year ended 30 November 2023
STERLING LONDON LIMITED Unaudited accounts Contents
Page
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STERLING LONDON LIMITED Company Information for the year ended 30 November 2023
Director
Jesmin AKTER
Company Number
07085784 (England and Wales)
Registered Office
211 Manor Road Mitcham Surrey CR4 1JH England
Accountants
Meer Md Julhash Hossain Meer Julhas & Co R/O 37 Green Street London E7 8DA
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STERLING LONDON LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,881 
9,853 
Investment property
2,564,213 
2,564,213 
2,572,094 
2,574,066 
Current assets
Debtors
50 
50 
Cash at bank and in hand
34,159 
10,594 
34,209 
10,644 
Creditors: amounts falling due within one year
(911,960)
(897,333)
Net current liabilities
(877,751)
(886,689)
Total assets less current liabilities
1,694,343 
1,687,377 
Creditors: amounts falling due after more than one year
(1,130,775)
(1,140,047)
Net assets
563,568 
547,330 
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
523,135 
523,135 
Profit and loss account
40,432 
24,194 
Shareholders' funds
563,568 
547,330 
For the year ending 30 November 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 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 29 November 2024 and were signed on its behalf by
Jesmin AKTER Director Company Registration No. 07085784
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STERLING LONDON LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
STERLING LONDON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07085784. The registered office is 211 Manor Road, Mitcham, Surrey, CR4 1JH, 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:
Motor vehicles
20% Reducing balance
Fixtures & fittings
20% Reducing balance
Computer equipment
20% Reducing balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
23,414 
7,155 
535 
31,104 
At 30 November 2023
23,414 
7,155 
535 
31,104 
Depreciation
At 1 December 2022
16,886 
3,826 
539 
21,251 
Charge for the year
1,306 
666 
- 
1,972 
At 30 November 2023
18,192 
4,492 
539 
23,223 
Net book value
At 30 November 2023
5,222 
2,663 
(4)
7,881 
At 30 November 2022
6,528 
3,329 
(4)
9,853 
5
Investment property
2023 
£ 
Fair value at 1 December 2022
2,564,213 
At 30 November 2023
2,564,213 
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STERLING LONDON LIMITED Notes to the Accounts for the year ended 30 November 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Deferred tax asset
50 
50 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,346 
1,125 
Taxes and social security
4,253 
3,453 
Other creditors
25,286 
33,938 
Loans from directors
881,075 
858,817 
911,960 
897,333 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
1,130,775 
1,140,047 
9
Average number of employees
During the year the average number of employees was 3 (2022: 2).
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