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REGISTERED NUMBER: 09922595 (England and Wales)















AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 MAY 2024

FOR

STRATUM PROPERTIES PTE LTD

STRATUM PROPERTIES PTE LTD (REGISTERED NUMBER: 09922595)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STRATUM PROPERTIES PTE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 MAY 2024







DIRECTORS: K S Palak
H S Palak
A Palak





REGISTERED OFFICE: Aqua House
Buttress Way
Smethwick
West Midlands
B66 3DL





REGISTERED NUMBER: 09922595 (England and Wales)

STRATUM PROPERTIES PTE LTD (REGISTERED NUMBER: 09922595)

BALANCE SHEET
29 MAY 2024

29/5/24 29/5/23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,000 1,000
Investment property 5 1,302,684 1,302,684
1,303,684 1,303,684

CURRENT ASSETS
Debtors 6 1,000 130,688
Cash at bank 94,310 220,228
95,310 350,916
CREDITORS
Amounts falling due within one year 7 600,294 907,015
NET CURRENT LIABILITIES (504,984 ) (556,099 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

798,700

747,585

CREDITORS
Amounts falling due after more than one
year

8

153,000

171,000
NET ASSETS 645,700 576,585

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 11 644,700 575,585
SHAREHOLDERS' FUNDS 645,700 576,585

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 February 2025 and were signed on its behalf by:





K S Palak - Director


STRATUM PROPERTIES PTE LTD (REGISTERED NUMBER: 09922595)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 MAY 2024

1. STATUTORY INFORMATION

Stratum Properties Pte Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
29/5/24 29/5/23
£    £   
Subsidiaries 1,000 1,000

STRATUM PROPERTIES PTE LTD (REGISTERED NUMBER: 09922595)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 MAY 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 30 May 2023
and 29 May 2024 1,302,684
NET BOOK VALUE
At 29 May 2024 1,302,684
At 29 May 2023 1,302,684

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/5/24 29/5/23
£    £   
Trade debtors - 129,688
Other debtors 1,000 1,000
1,000 130,688

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/5/24 29/5/23
£    £   
Trade creditors 7,399 8,448
Tax 23,038 16,096
VAT 9,191 12,678
Other creditors 536,420 341,296
Directors' current accounts 24,246 528,497
600,294 907,015

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29/5/24 29/5/23
£    £   
Bank loans (see note 9) 153,000 171,000

9. LOANS

An analysis of the maturity of loans is given below:

29/5/24 29/5/23
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 153,000 171,000

STRATUM PROPERTIES PTE LTD (REGISTERED NUMBER: 09922595)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 MAY 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29/5/24 29/5/23
value: £    £   
1,000 Ordinary £1 1,000 1,000

11. RESERVES
Retained
earnings
£   

At 30 May 2023 575,585
Profit for the year 69,115
At 29 May 2024 644,700

12. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andeep K Mangal (Senior Statutory Auditor)
for and on behalf of Thapers Limited

13. RELATED PARTY DISCLOSURES

The company undertook the following transactions with parties relating to it:


29/05/24 29/05/23
£    £   

Future Garment Limited
Rent and Rates charged 90,000 90,000
Year end trade debtors/(trade creditors) NIL 9,000
Year end debtors/(creditor) (360,420 ) (341,296 )