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REGISTERED NUMBER: 12631852 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

STRYBER LIMITED

STRYBER LIMITED (REGISTERED NUMBER: 12631852)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STRYBER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: J Ritter





REGISTERED OFFICE: Level 3
207 Regent Street
London
W1B 3HH





REGISTERED NUMBER: 12631852 (England and Wales)





AUDITORS: Platt Rushton LLP
Chartered Accountants
& Statutory Auditors
Sutherland House
1759 London Road
Leigh on Sea
Essex
SS9 2RZ

STRYBER LIMITED (REGISTERED NUMBER: 12631852)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,027 1,486

CURRENT ASSETS
Debtors 5 743,981 406,127
Cash at bank 214,135 52,958
958,116 459,085
CREDITORS
Amounts falling due within one year 6 1,330,493 746,696
NET CURRENT LIABILITIES (372,377 ) (287,611 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(370,350

)

(286,125

)

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings (380,350 ) (296,125 )
SHAREHOLDERS' FUNDS (370,350 ) (286,125 )

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 director and authorised for issue on 6 March 2025 and were signed by:





J Ritter - Director


STRYBER LIMITED (REGISTERED NUMBER: 12631852)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Stryber Limited 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Property, plant and equipment - 33% straight line basis

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

STRYBER LIMITED (REGISTERED NUMBER: 12631852)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 2,278
Additions 1,124
At 31 December 2023 3,402
DEPRECIATION
At 1 January 2023 792
Charge for year 583
At 31 December 2023 1,375
NET BOOK VALUE
At 31 December 2023 2,027
At 31 December 2022 1,486

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 46,000 74,345
Other debtors 697,981 331,782
743,981 406,127

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,930 1,704
Amounts owed to group undertakings 203,315 199,638
Taxation and social security 5,537 14,476
Other creditors 1,119,711 530,878
1,330,493 746,696

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 997 880

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

The Report of the Auditors was unqualified.

Duncan Sheekey FCA (Senior Statutory Auditor)
for and on behalf of Platt Rushton LLP

STRYBER LIMITED (REGISTERED NUMBER: 12631852)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

9. AUDITOR LIABILITY LIMITATION AGREEMENT

On 2nd December 2024 the directors resolved a Liability Limitation Agreement with its Auditors. It was agreed that £500,000 represents a fair maximum to the auditors liability in the event of any one claim arising in respect of the audit.

10. ULTIMATE CONTROLLING PARTY

At the balance sheet date the ultimate controlling party and parent was Stryber AG, registered in Switzerland. Stryber AG's registered office is Wolleraustrasse, Freienbach, Switzerland 8807.

11. GOING CONCERN

As at 31st December 2023 the company's current liabilities exceeded current assets, thereby indicating the existence of some uncertainty over the company's ability to continue as a going concern. The directors continue to believe that the company has the financial support of the group and for this reason does not anticipate a curtailment in the company's operations within 12 months from the point of signing.