STOR TRADING LIMITED 05878177 E-commerce and website development false 1 August 2023 05878177 2023-08-01 2024-07-31 05878177 2023-07-31 05878177 2024-07-31 05878177 2022-08-01 2023-07-31 05878177 2022-07-31 05878177 2023-07-31 05878177 frs102-bus:FRS102 2023-08-01 2024-07-31 05878177 frs102-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05878177 frs102-bus:FullAccounts 2023-08-01 2024-07-31 05878177 frs102-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 05878177 frs102-core:CurrentFinancialInstruments 2024-07-31 05878177 frs102-core:CurrentFinancialInstruments 2023-07-31 05878177 frs102-core:ShareCapital 2024-07-31 05878177 frs102-core:ShareCapital 2023-07-31 05878177 frs102-core:RetainedEarningsAccumulatedLosses 2024-07-31 05878177 frs102-core:RetainedEarningsAccumulatedLosses 2023-07-31 05878177 frs102-bus:Director1 2023-08-01 2024-07-31 05878177 frs102-core:ComputerEquipment 2023-08-01 2024-07-31 05878177 frs102-core:LandBuildings 2023-08-01 2024-07-31 05878177 frs102-core:OfficeEquipment 2023-08-01 2024-07-31 05878177 frs102-core:ComputerEquipment 2023-07-31 05878177 frs102-core:LandBuildings 2023-07-31 05878177 frs102-core:OfficeEquipment 2023-07-31 05878177 frs102-core:ComputerEquipment 2024-07-31 05878177 frs102-core:LandBuildings 2024-07-31 05878177 frs102-core:OfficeEquipment 2024-07-31 05878177 frs102-core:ComputerEquipment 2023-07-31 05878177 frs102-core:LandBuildings 2023-07-31 05878177 frs102-core:OfficeEquipment 2023-07-31 05878177 frs102-bus:OrdinaryShareClass1 2024-07-31 05878177 frs102-bus:OrdinaryShareClass1 2023-07-31 05878177 frs102-bus:OrdinaryShareClass1 2023-08-01 2024-07-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
05878177
STOR TRADING LIMITED
Unaudited Accounts
for the year ended
31 July 2024
STOR TRADING LIMITED
Balance Sheet
as at 31 July 2024
Notes
2024
£
2023
£
Fixed assets
Tangible assets 3 17,325 23,007
Investments 31,381 297,265
48,706 320,272
Current assets
Debtors 4 18,040 15,597
Cash at bank and in hand 164,404 586,597
182,444 602,194
Creditors: amounts falling due within one year 5 (9,241) (170,624)
Net current assets / (liabilities) 173,203 431,570
Total assets less current liabilities 221,909 751,842
Provisions for liabilities (0) (0)
Accruals and deferred income (653) (653)
Total net assets (liabilities) 221,256 751,189
Capital and reserves
Called up share capital 6 100 100
Profit and loss account 221,156 751,089
Shareholders' funds 221,256 751,189

STOR TRADING LIMITED
Balance Sheet
as at 31 July 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 July 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr S Smith

Director


Approved by the board on 7 April 2025

Company Number: 05878177 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

83 Ducie Street
Manchester
M1 2JQ
England

STOR TRADING LIMITED
Notes to the Accounts
for the year ended 31 July 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Computer equipment 25% Straight Line
Land & buildings 10% Straight Line
Office equipment 25% Straight Line
Impairment reviews for fixed assets
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication of impairment losses. If so, the recoverable amount of an asset is estimated to determine the extent of the loss. Where it is not possible to estimate the recoverable amount of an asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. Impairment of intangible assets is reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Foreign currencies
Transactions in foreign currencies other than the functional currency of the company are recorded at the rate of exchange on the date the transaction occurred. Monetary assets and liabilities in foreign currencies are translated at the rates prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items measured at historic cost in a foreign currency are recorded at that historic value.
Leases and hire purchase contracts
Assets obtained under hire purchase contracts are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful economic lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are are included in creditors net of finance charges allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period. Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account on a straight line basis over the lease term.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares that are measured at fair value. Derivative financial instruments are initially recorded at cost and thereafter at fair value. All changes in fair value are recognised in the profit or loss account in the period in which they occurred.
2. Employees
2024 2023
Average number of employees during the period 2 2

3. Tangible fixed assets
Computer equipment Land & buildings Office equipment Total
Cost or valuation £ £ £ £
At 1 August 2023 10,570 23,571 7,717 41,858
At 31 July 2024 10,570 23,571 7,717 41,858
Depreciation
At 1 August 2023 6,585 6,908 5,358 18,851
Charge for the period 1,922 2,357 1,403 5,682
At 31 July 2024 8,507 9,265 6,761 24,533
Net book value
At 31 July 2024 2,063 14,306 956 17,325
At 31 July 2023 3,985 16,663 2,359 23,007

4. Debtors
2024 2023
£ £
Trade debtors 4,240 4,789
Other debtors 13,800 10,808
18,040 15,597

5. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 1,168 1,240
Taxation & social security 7,281 155,217
Other creditors 792 14,167
9,241 170,624

6. Share capital
2024 2023
£ £
Allotted, called up and fully paid:
100 (2023: 100) Ordinary shares of £1.00 each 100 100
100 100