Strachan Visick Limited 03173278 true 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is Management consultancy Digita Accounts Production Advanced 6.30.9574.0 true A M Wollaston false true 03173278 2023-02-01 2024-01-31 03173278 2024-01-31 03173278 bus:OrdinaryShareClass1 2024-01-31 03173278 core:RetainedEarningsAccumulatedLosses 2024-01-31 03173278 core:ShareCapital 2024-01-31 03173278 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 03173278 bus:FRS102 2023-02-01 2024-01-31 03173278 bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 03173278 bus:FullAccounts 2023-02-01 2024-01-31 03173278 bus:RegisteredOffice 2023-02-01 2024-01-31 03173278 bus:Director2 2023-02-01 2024-01-31 03173278 bus:OrdinaryShareClass1 2023-02-01 2024-01-31 03173278 bus:EntityNoLongerTradingButTradedInPast 2023-02-01 2024-01-31 03173278 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 03173278 core:OfficeEquipment 2023-02-01 2024-01-31 03173278 countries:England 2023-02-01 2024-01-31 03173278 core:CostValuation 2023-01-31 03173278 2022-02-01 2023-01-31 03173278 2023-01-31 03173278 bus:OrdinaryShareClass1 2023-01-31 03173278 core:RetainedEarningsAccumulatedLosses 2023-01-31 03173278 core:ShareCapital 2023-01-31 03173278 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03173278

Strachan Visick Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 January 2024

 

Strachan Visick Limited

Profit and Loss Account for the Year Ended 31 January 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Strachan Visick Limited

(Registration number: 03173278)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

3

2

2

Creditors: Amounts falling due within one year

4

(3,274,592)

(3,274,592)

Net liabilities

 

(3,274,590)

(3,274,590)

Capital and reserves

 

Called up share capital

5

200

200

Retained earnings

(3,274,790)

(3,274,790)

Shareholders' deficit

 

(3,274,590)

(3,274,590)

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 29 January 2025
 

.........................................
A M Wollaston
Director

 

Strachan Visick Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
DeVines Bellefield House
104 New London Road
Chelmsford
Essex
CM2 0RG

These financial statements were authorised for issue by the director on 29 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Group accounts not prepared

The company has taken advantage of the exemption provided by Section398 of the Companies Act 2006 and has not prepared group accounts..

Going concern

The financial statements have been prepared on a going concern basis.

Depreciation

Asset class

Depreciation method and rate

Office equipment

25% straight line

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

 

Strachan Visick Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Investments

2024
£

2023
£

Investments in subsidiaries

2

2

Subsidiaries

£

Cost or valuation

At 1 February 2023

2

Provision

Carrying amount

At 31 January 2024

2

At 31 January 2023

2

4

Creditors

Note

2024
£

2023
£

Due within one year

 

Amounts due to related parties

1,336,221

1,336,221

Other payables

 

1,938,371

1,938,371

 

3,274,592

3,274,592

5

Share capital

Allotted, called up and fully paid shares

 

Strachan Visick Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

 

2024

2023

 

No.

£

No.

£

Ordinary shares of £1 each

200

200

200

200

         

6

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).