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Company Registration No. 06332572 (England and Wales)
Structuremode Limited Unaudited accounts for the year ended 31 August 2024
Structuremode Limited Unaudited accounts Contents
Page
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Structuremode Limited Company Information for the year ended 31 August 2024
Directors
Geoffrey Morrow
Secretary
Ranjita Dhital
Company Number
06332572 (England and Wales)
Registered Office
9-11 New Broadway London England W5 5AW United Kingdom
Accountants
Cloud Tax Ltd 9-11 New Broadway Ealing London W5 5AW
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Structuremode Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,541 
8,722 
Current assets
Inventories
6,000 
6,000 
Debtors
8,698 
21,711 
Cash at bank and in hand
4,707 
33,337 
19,405 
61,048 
Creditors: amounts falling due within one year
(56,899)
(114,708)
Net current liabilities
(37,494)
(53,660)
Total assets less current liabilities
(30,953)
(44,938)
Creditors: amounts falling due after more than one year
(28,398)
(33,265)
Provisions for liabilities
Deferred tax
- 
(2,182)
Net liabilities
(59,351)
(80,385)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(59,451)
(80,485)
Shareholders' funds
(59,351)
(80,385)
For the year ending 31 August 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 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 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 of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by
Geoffrey Morrow Director Company Registration No. 06332572
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Structuremode Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Structuremode Limited is a private company, limited by shares, registered in England and Wales, registration number 06332572. The registered office is 9-11 New Broadway, London, England, W5 5AW, United Kingdom.
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
These financial statements for the year ended 31 August 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
The Company's financial statements are prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of obligations in the normal course of business. However, the Company has not generated any revenues to date and has accumulated losses to date. The Company does not currently have any revenue generating operations. These conditions, among others, raise substantial doubt about the ability of the Company to continue as a going concern.
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Structuremode Limited Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
30,765 
61,805 
92,570 
At 31 August 2024
30,765 
61,805 
92,570 
Depreciation
At 1 September 2023
28,914 
54,934 
83,848 
Charge for the year
463 
1,718 
2,181 
At 31 August 2024
29,377 
56,652 
86,029 
Net book value
At 31 August 2024
1,388 
5,153 
6,541 
At 31 August 2023
1,851 
6,871 
8,722 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,680 
1,784 
Amounts due from group undertakings etc.
7,018 
14,927 
Other debtors
- 
5,000 
8,698 
21,711 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,605 
4,668 
Trade creditors
142 
3,638 
Other creditors
3,075 
3,097 
Loans from directors
50,177 
96,305 
Accruals
900 
7,000 
56,899 
114,708 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
28,398 
33,265 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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