Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-31members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 20062023-09-01falseinvestment company12truetruefalse 01121633 2023-09-01 2024-08-31 01121633 2022-09-01 2023-08-31 01121633 2024-08-31 01121633 2023-08-31 01121633 c:Director2 2023-09-01 2024-08-31 01121633 d:CurrentFinancialInstruments 2024-08-31 01121633 d:CurrentFinancialInstruments 2023-08-31 01121633 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 01121633 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 01121633 d:ShareCapital 2024-08-31 01121633 d:ShareCapital 2023-08-31 01121633 d:OtherMiscellaneousReserve 2023-09-01 2024-08-31 01121633 d:OtherMiscellaneousReserve 2024-08-31 01121633 d:OtherMiscellaneousReserve 2023-08-31 01121633 d:RetainedEarningsAccumulatedLosses 2024-08-31 01121633 d:RetainedEarningsAccumulatedLosses 2023-08-31 01121633 c:OrdinaryShareClass1 2023-09-01 2024-08-31 01121633 c:OrdinaryShareClass1 2024-08-31 01121633 c:OrdinaryShareClass2 2023-09-01 2024-08-31 01121633 c:OrdinaryShareClass2 2024-08-31 01121633 c:FRS102 2023-09-01 2024-08-31 01121633 c:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 01121633 c:FullAccounts 2023-09-01 2024-08-31 01121633 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 01121633 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-09-01 2024-08-31 01121633 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-08-31 01121633 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-08-31 01121633 6 2023-09-01 2024-08-31 01121633 e:PoundSterling 2023-09-01 2024-08-31 01121633 d:OtherRelatedParties 2023-09-01 2024-08-31 01121633 d:OtherRelatedParties 2024-08-31 01121633 d:OtherRelatedParties 2023-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 01121633









STRONGBURN LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
STRONGBURN LIMITED
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2 - 3
Notes to the financial statements
 
 
4 - 6


 
STRONGBURN LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF STRONGBURN LIMITED
FOR THE YEAR ENDED 31 AUGUST 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Strongburn Limited for the year ended 31 August 2024 which comprise the 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 at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Strongburn Limited, as a body, in accordance with the terms of our engagement letter dated 20 March 2023Our work has been undertaken solely to prepare for your approval the financial statements of Strongburn Limited and state those matters that we have agreed to state to the Board of directors of Strongburn Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Strongburn Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Strongburn 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 Strongburn Limited. You consider that Strongburn Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Strongburn 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.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
15 April 2025
Page 1

 
STRONGBURN LIMITED
REGISTERED NUMBER: 01121633

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
111,309
94,488

  
111,309
94,488

Current assets
  

Debtors: amounts falling due within one year
 5 
16,546
2,937

Current asset investments
 6 
314,164
309,660

Cash at bank and in hand
  
93,767
124,821

  
424,477
437,418

Creditors: amounts falling due within one year
 7 
(464,323)
(492,216)

Net current liabilities
  
 
 
(39,846)
 
 
(54,798)

Total assets less current liabilities
  
71,463
39,690

Provisions for liabilities
  

Deferred tax
  
(15,298)
(7,493)

  
 
 
(15,298)
 
 
(7,493)

Net assets
  
56,165
32,197


Capital and reserves
  

Called up share capital 
 8 
125
125

Other reserves
 9 
54,118
45,331

Profit and loss account
 9 
1,922
(13,259)

  
56,165
32,197


Page 2

 
STRONGBURN LIMITED
REGISTERED NUMBER: 01121633
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

The directors consider 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 year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 comprehensive income 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 15 April 2025.




................................................
L Valsler
Director

The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
STRONGBURN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

The Company is a private company incorporated in the United Kingdom and limited by shares. It is registered in England and Wales. The address of its registered office is 7 The Close, Norwich, Norfolk, NR1 4DJ. The trading takes place in Old Buckenham, Norfolk.
The company's principal activity is that of an investment company.

2.Accounting policies

 
2.1

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 principle accounting policies adopted in the preparation of the financial statements are set out below, remain unchanged from the previous year and have been consistently applied within the same accounts.

The following principal accounting policies have been applied:

 
2.2

Current and deferred taxation

The tax expense for the year comprises current and deferred tax.
Deferred tax balances are recognised in respect of timing differences that have originated but 
not reversed by the balance sheet date. 
Current and deferred tax is determined using tax rates and laws that have been enacted or 
substantively enacted by the balance sheet date. 

 
2.3

Valuation of investments

Investments in listed company shares are remeasured to market value at each balance sheet. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.4

Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. 
Any losses arising from impairment are recognised in the profit and loss account.

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other 
third parties, loans to related parties and investments in ordinary shares.
Debt instruments that are payable or receivable within one year, typically trade debtors and 
creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other 
consideration expected to be paid or received.

Page 4

 
STRONGBURN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 2).


4.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 September 2023
94,488


Additions
240


Disposals
(11)


Revaluations
16,592



At 31 August 2024
111,309





5.


Debtors

2024
2023
£
£


Prepayments and accrued income
16,546
2,937

16,546
2,937



6.


Current asset investments

2024
2023
£
£

Unlisted investments
314,164
309,660

314,164
309,660


Page 5

 
STRONGBURN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
2,011
-

Other creditors
460,752
490,764

Accruals and deferred income
1,560
1,452

464,323
492,216



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1.00 each
100
100
25  "A" Ordinary shares of £1.00 each
25
25

125

125



9.


Reserves

Other reserves

The fair value reserve is the accumulation of revaluations on listed investments, which are revalued annually to give a true and fair view. The debit and credit amounts are transfers from the profit and loss account. Deferred tax has been accounted for where capital gains arising on the listed investments are material at the appropriate tax rate.


10.


Related party transactions

As at 31 August 2024, the balance on the director's loan accounts was £765 (2023 - £478,586) as included within other creditors in note 7 to the financial statements. This loan is repayable on demand and no interest was charged. 
 
As at 31 August 2024, the company owed a shareholder £447,810 (2023: £nil). The loan is included in other creditors note 7 to the accounts. No interest has been paid on the loan and it is repayable on demand.

 
Page 6