1 1 Stradesign Limited 06261277 true 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is a dormant company. Digita Accounts Production Advanced 6.30.9574.0 true 06261277 2023-06-01 2024-05-31 06261277 2024-05-31 06261277 core:CurrentFinancialInstruments 2024-05-31 06261277 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 06261277 1 2024-05-31 06261277 bus:SmallEntities 2023-06-01 2024-05-31 06261277 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 06261277 bus:FilletedAccounts 2023-06-01 2024-05-31 06261277 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 06261277 bus:RegisteredOffice 2023-06-01 2024-05-31 06261277 bus:Director1 2023-06-01 2024-05-31 06261277 bus:EntityNoLongerTradingButTradedInPast 2023-06-01 2024-05-31 06261277 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 06261277 countries:AllCountries 2023-06-01 2024-05-31 06261277 1 2023-06-01 2024-05-31 06261277 1 2023-05-31 06261277 2022-06-01 2023-05-31 06261277 2023-05-31 06261277 core:CurrentFinancialInstruments 2023-05-31 06261277 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 06261277 1 2023-05-31 06261277 1 2022-06-01 2023-05-31 06261277 1 2022-05-31 xbrli:pure iso4217:GBP

Registration number: 06261277

Stradesign Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

Stradesign Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 4

 

Stradesign Limited

(Registration number: 06261277)
Statement of Financial Position as at 31 May 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

137

137

Cash at bank and in hand

 

1,469

1,469

 

1,606

1,606

Creditors: Amounts falling due within one year

5

(14,845)

(14,845)

Net liabilities

 

(13,239)

(13,239)

Capital and reserves

 

Called up share capital

1

1

Profit and loss account

(13,240)

(13,240)

Shareholders' deficit

 

(13,239)

(13,239)

For the financial year ending 31 May 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the director on 24 February 2025
 


Maria Pia Bencini Bassini
Director

 

Stradesign Limited

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

1

General information

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

The address of its registered office is:
26-28 Southernhay East
Exeter
Devon
EX1 1NS

Principal activity

The principal activity of the company is a dormant company.

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.

The financial statements are prepared in sterling which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

 

Stradesign Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024 (continued)

2

Accounting policies (continued)

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3

Staff numbers

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

4

Debtors

2024
£

2023
£

Other debtors

137

137

137

137

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

186

186

Other creditors

14,659

14,659

14,845

14,845

6

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.

 

Stradesign Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024 (continued)

7

Related party transactions

Transactions with the director

2024

At 1 June 2023
£

At 31 May 2024
£

Loan from director

14,659

14,659

     
   

 

2023

At 1 June 2022
£

At 31 May 2023
£

Loan from director

14,659

14,659