Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-310The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-03-27falseNo description of principal activity2falsetruefalse 14762095 2023-03-26 14762095 2023-03-27 2024-03-31 14762095 2022-03-27 2023-03-26 14762095 2024-03-31 14762095 c:Director2 2023-03-27 2024-03-31 14762095 d:OfficeEquipment 2023-03-27 2024-03-31 14762095 d:OfficeEquipment 2024-03-31 14762095 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-03-27 2024-03-31 14762095 d:CurrentFinancialInstruments 2024-03-31 14762095 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14762095 d:ShareCapital 2024-03-31 14762095 d:RetainedEarningsAccumulatedLosses 2024-03-31 14762095 c:OrdinaryShareClass1 2023-03-27 2024-03-31 14762095 c:OrdinaryShareClass1 2024-03-31 14762095 c:OrdinaryShareClass2 2023-03-27 2024-03-31 14762095 c:OrdinaryShareClass2 2024-03-31 14762095 c:FRS102 2023-03-27 2024-03-31 14762095 c:AuditExempt-NoAccountantsReport 2023-03-27 2024-03-31 14762095 c:FullAccounts 2023-03-27 2024-03-31 14762095 c:PrivateLimitedCompanyLtd 2023-03-27 2024-03-31 14762095 2 2023-03-27 2024-03-31 14762095 e:PoundSterling 2023-03-27 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14762095










STRATTON GOLD LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
STRATTON GOLD LTD
REGISTERED NUMBER: 14762095

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
2,421

  
2,421

Current assets
  

Debtors: amounts falling due within one year
 5 
1,186

Cash at bank and in hand
  
54,754

  
55,940

Creditors: amounts falling due within one year
 6 
(59,888)

Net current (liabilities)/assets
  
 
 
(3,948)

Total assets less current liabilities
  
(1,527)

  

Net (liabilities)/assets
  
(1,527)


Capital and reserves
  

Called up share capital 
 7 
2

Profit and loss account
  
(1,529)

  
(1,527)


Page 1

 
STRATTON GOLD LTD
REGISTERED NUMBER: 14762095
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 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 period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 income and retained earnings 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 on 13 March 2025.




M Yakovenko
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
STRATTON GOLD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.Accounting policies

 
1.1

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:

 
1.2

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 income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
STRATTON GOLD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.Accounting policies (continued)

 
1.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
1.5

Interest income

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

 
1.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

Page 4

 
STRATTON GOLD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.Accounting policies (continued)

 
1.7

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 charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
33%
straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.10

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.


General information

Stratton Gold Ltd is a private company, limited by shares and incorporated in England
Its registered number is: 14762095
Its Registered office is:
Green Park House
15 Stratton Street
Mayfair
London
W1J 8LQ

Page 5

 
STRATTON GOLD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

3.


Employees

The average monthly number of employees, including directors, during the period was 2.


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


Additions
3,631



At 31 March 2024

3,631



Depreciation


Charge for the period on owned assets
1,210



At 31 March 2024

1,210



Net book value



At 31 March 2024
2,421


5.


Debtors

2024
£


Other debtors
1,186

1,186



6.


Creditors: Amounts falling due within one year

2024
£

Bank overdrafts
2,753

Trade creditors
38,362

Other creditors
5,573

Accruals and deferred income
13,200

59,888


Page 6

 
STRATTON GOLD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

7.


Share capital

2024
£
Allotted, called up and fully paid


1 Ordinary A share of £1.00
1
1 Ordinary B share of £1.00
1

2


During the period the Company issued one Ordinary A £1 share and one Ordinary B £1 share for a total consideration of £2.

 
Page 7