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REGISTERED NUMBER: 11407707 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Strength House Limited

Strength House Limited (Registered number: 11407707)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Strength House Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: G Cornthwaite
T Gadre
H L Lamb





REGISTERED OFFICE: 30 Cannon Street
London
EC4M 6XH





REGISTERED NUMBER: 11407707 (England and Wales)





ACCOUNTANTS: Payne & Co
Chartered Accountants
16 Ingham Road
West Hampstead
London
NW6 1DE

Strength House Limited (Registered number: 11407707)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,476 6,258
Tangible assets 5 9,176 29,108
14,652 35,366

CURRENT ASSETS
Debtors 6 55,237 66,092
Cash at bank 49,343 60,659
104,580 126,751
CREDITORS
Amounts falling due within one year 7 15,049 76,672
NET CURRENT ASSETS 89,531 50,079
TOTAL ASSETS LESS CURRENT
LIABILITIES

104,183

85,445

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Share premium 219,000 219,000
Retained earnings (115,817 ) (134,555 )
SHAREHOLDERS' FUNDS 104,183 85,445

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Strength House Limited (Registered number: 11407707)

Balance Sheet - continued
30 June 2024


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 5 February 2025 and were signed on its behalf by:





T Gadre - Director


Strength House Limited (Registered number: 11407707)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Strength House 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Amortisation is provided at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life as follows:

Branding and copyright - 25% per annum on cost
Web design - 25% per annum on cost
App development - 25% per annum on cost

Tangible fixed assets
Fixed assets are recorded at cost.

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

Plant & Equipment - 25% per annum on cost
Fixtures & Fittings - 25% per annum on cost

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.


Strength House Limited (Registered number: 11407707)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued
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 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 July 2023 13,478
Additions 1,649
At 30 June 2024 15,127
AMORTISATION
At 1 July 2023 7,220
Charge for year 2,431
At 30 June 2024 9,651
NET BOOK VALUE
At 30 June 2024 5,476
At 30 June 2023 6,258

Strength House Limited (Registered number: 11407707)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 193,855
Additions 627
At 30 June 2024 194,482
DEPRECIATION
At 1 July 2023 164,747
Charge for year 20,559
At 30 June 2024 185,306
NET BOOK VALUE
At 30 June 2024 9,176
At 30 June 2023 29,108

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 1,680 1,620
Other debtors 53,557 64,472
55,237 66,092

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Taxation and social security 8,064 4,638
Other creditors 6,985 72,034
15,049 76,672

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.6.24 30.6.23
£    £   
Within one year 59,351 59,351
Between one and five years 237,404 237,404
In more than five years 29,676 89,027
326,431 385,782

Strength House Limited (Registered number: 11407707)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number: Class: Nominal
value: £
700 A £1 700
300 B £1 300

Total 1,000

10. RELATED PARTY DISCLOSURES

During the period ended 30 June 2019 the company received a loan amounting to £50,000 from a member of key management personnel. The loan is repayable on demand and the rate of interest is 5%. At the balance sheet date the outstanding balance was £2,236 (2023: £58,226) and is presented within creditors amount falling due within one year.

During the period ended 30 June 2019 the company received a loan amounting to £5,000 from a person connected to a member of key management personnel. The loan is repayable on demand and the rate of interest is 0%. At the balance sheet date the outstanding balance was £2,000 (2023: £2,000) and is presented within creditors amount falling due within one year.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Strength House Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Strength House Limited for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Strength House Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Strength House Limited and state those matters that we have agreed to state to the Board of Directors of Strength House Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Strength House Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Strength House Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Strength House Limited. You consider that Strength House Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Strength House Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Payne & Co
Chartered Accountants
16 Ingham Road
West Hampstead
London
NW6 1DE


Date: .............................................