Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-31falsetrue2023-06-01Engineering design activities for industrial process and production11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13401050 2023-06-01 2024-05-31 13401050 2022-06-01 2023-05-31 13401050 2024-05-31 13401050 2023-05-31 13401050 c:Director1 2023-06-01 2024-05-31 13401050 d:PlantMachinery 2023-06-01 2024-05-31 13401050 d:PlantMachinery 2024-05-31 13401050 d:PlantMachinery 2023-05-31 13401050 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 13401050 d:OfficeEquipment 2023-06-01 2024-05-31 13401050 d:OfficeEquipment 2024-05-31 13401050 d:OfficeEquipment 2023-05-31 13401050 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 13401050 d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 13401050 d:CurrentFinancialInstruments 2024-05-31 13401050 d:CurrentFinancialInstruments 2023-05-31 13401050 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 13401050 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 13401050 d:ShareCapital 2024-05-31 13401050 d:ShareCapital 2023-05-31 13401050 d:RetainedEarningsAccumulatedLosses 2024-05-31 13401050 d:RetainedEarningsAccumulatedLosses 2023-05-31 13401050 c:OrdinaryShareClass1 2023-06-01 2024-05-31 13401050 c:OrdinaryShareClass1 2024-05-31 13401050 c:OrdinaryShareClass1 2023-05-31 13401050 c:EntityNoLongerTradingButTradedInPast 2023-06-01 2024-05-31 13401050 c:FRS102 2023-06-01 2024-05-31 13401050 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 13401050 c:FullAccounts 2023-06-01 2024-05-31 13401050 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13401050 2 2023-06-01 2024-05-31 13401050 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 13401050














STRATEGYNET LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

 
STRATEGYNET LTD
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 6


 
STRATEGYNET LTD
REGISTERED NUMBER:13401050

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
15,933
17,863

  
15,933
17,863

Current assets
  

Debtors: amounts falling due within one year
 5 
447
3,875

Cash at bank and in hand
  
-
6,420

  
447
10,295

Creditors: amounts falling due within one year
 6 
(4,876)
(7,434)

Net current (liabilities)/assets
  
 
 
(4,429)
 
 
2,861

Total assets less current liabilities
  
11,504
20,724

  

Net assets
  
11,504
20,724


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
11,503
20,723

  
11,504
20,724


Page 1

 
STRATEGYNET LTD
REGISTERED NUMBER:13401050
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




A Porter
Director

Date: 25 February 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
STRATEGYNET LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Strategynet Ltd is a limited liability company registered in England and Wales with its registered office at Lytchett House, Freeland Park, Unit 13 Wareham Road, Lytchett Matravers, Poole, Dorset, England, BH16 6FA.  
 

The principal activity of the company was that of Engineering design activities.

The company ceased trading on 30 September 2023.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied and expenses recharged during the year, exclusive of Value Added Tax and trade discounts.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
STRATEGYNET LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
reducing balance method
Office equipment
-
25%
reducing balance method

 
2.7

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
STRATEGYNET LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Tangible fixed assets





Plant and machinery
Office equipment
Total

£
£
£



Cost or valuation


At 1 June 2023
19,076
8,336
27,412


Additions
-
3,381
3,381



At 31 May 2024

19,076
11,717
30,793



Depreciation


At 1 June 2023
7,241
2,308
9,549


Charge for the year on owned assets
2,959
2,352
5,311



At 31 May 2024

10,200
4,660
14,860



Net book value



At 31 May 2024
8,876
7,057
15,933



At 31 May 2023
11,836
6,027
17,863


5.


Debtors

2024
2023
£
£


Other debtors
447
3,875

447
3,875



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
684
5,733

Accruals
4,192
1,701

4,876
7,434


Page 5

 
STRATEGYNET LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1


 
Page 6