Registered number: 10654790 | ||||||||
FOR THE YEAR ENDED 31/03/2024 | ||||||||
Prepared By: | ||||||||
Johnston and Co | ||||||||
Accountants | ||||||||
Cherry Trees | ||||||||
DY12 3LE |
Strategic Business Exits Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 10654790 | ||||||||
ACCOUNTANTS | ||||||||
Johnston and Co | ||||||||
Accountants | ||||||||
Cherry Trees | ||||||||
DY12 3LE |
Strategic Business Exits Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/03/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Strategic Business Exits Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
213,838 | 131,807 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 61,940 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 6,250 | 10,833 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Profit and loss account | 80,091 | 53,794 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Strategic Business Exits Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Land And Buildings | reducing balance 15% | |||||||
Fixtures and Fittings | straight line 12.5% | |||||||
Equipment | reducing balance 25% |
1c. Goodwill | ||||||||
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
Strategic Business Exits Limited | ||||||||
3. INTANGIBLE FIXED ASSETS | ||||||
Purchased | ||||||
Patents | Goodwill | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/04/2023 | 15,600 | 10,950 | 26,550 | |||
At 31/03/2024 | 15,600 | 10,950 | 26,550 | |||
Depreciation | ||||||
At 01/04/2023 | 15,600 | 10,950 | 26,550 | |||
At 31/03/2024 | 15,600 | 10,950 | 26,550 | |||
Net Book Amounts | ||||||
At 31/03/2024 | ||||||
4. TANGIBLE FIXED ASSETS | ||||||||
Land And | Fixtures | |||||||
Buildings | and Fittings | Equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/04/2023 | - | 3,016 | 3,625 | 6,641 | ||||
Additions | 10,852 | - | - | 10,852 | ||||
At 31/03/2024 | 10,852 | 3,016 | 3,625 | 17,493 | ||||
Depreciation | ||||||||
At 01/04/2023 | - | 1,448 | 1,967 | 3,415 | ||||
For the year | 1,085 | 314 | 415 | 1,814 | ||||
At 31/03/2024 | 1,085 | 1,762 | 2,382 | 5,229 | ||||
Net Book Amounts | ||||||||
At 31/03/2024 | 12,264 | |||||||
At 31/03/2023 | 3,226 | |||||||
5. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 160,200 | 74,000 | ||||||
VAT | 5,441 | - | ||||||
165,641 | 74,000 | |||||||
Strategic Business Exits Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 24,421 | 6,078 | ||||||
VAT | - | 1,672 | ||||||
Directors current account | 41,293 | 1,163 | ||||||
Bank Loan | 5,000 | 5,000 | ||||||
Trade creditors | 56,995 | 54,334 | ||||||
Accruals | 11,620 | 1,620 | ||||||
139,329 | 69,867 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | 6,250 | 10,833 | ||||||
6,250 | 10,833 | |||||||
8. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 332 | 439 | ||||||
332 | 439 | |||||||
9. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||