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REGISTERED NUMBER: 12119646 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 July 2024

for

STRATUM INVESTMENTS LTD

STRATUM INVESTMENTS LTD (REGISTERED NUMBER: 12119646)






Contents of the Financial Statements
for the year ended 31 July 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


STRATUM INVESTMENTS LTD

Company Information
for the year ended 31 July 2024







DIRECTORS: D Isichei
R Isichei





REGISTERED OFFICE: International House
36-38 Cornhill
London
EC3V 3NG





REGISTERED NUMBER: 12119646 (England and Wales)





ACCOUNTANTS: K J Pittalis and Partners LLP
Chartered Certified Accountants
Global House
303 Ballards Lane
London
N12 8NP

STRATUM INVESTMENTS LTD (REGISTERED NUMBER: 12119646)

Statement of Financial Position
31 July 2024

31/7/24 31/7/23
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 6,594
Investment property 5 950,000 724,649
950,000 731,243

CURRENT ASSETS
Debtors 6 63,925 75,514
Cash at bank 1,522 373
65,447 75,887
CREDITORS
Amounts falling due within one year 7 (44,082 ) (78,767 )
NET CURRENT ASSETS/(LIABILITIES) 21,365 (2,880 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

971,365

728,363

CREDITORS
Amounts falling due after more than one
year

8

(886,813

)

(686,813

)

PROVISIONS FOR LIABILITIES 10 (30,170 ) (19,819 )
NET ASSETS 54,382 21,731

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 169,013 148,411
Retained earnings (114,731 ) (126,780 )
54,382 21,731

STRATUM INVESTMENTS LTD (REGISTERED NUMBER: 12119646)

Statement of Financial Position - continued
31 July 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 24 March 2025 and were signed on its behalf by:





D Isichei - Director


STRATUM INVESTMENTS LTD (REGISTERED NUMBER: 12119646)

Notes to the Financial Statements
for the year ended 31 July 2024

1. STATUTORY INFORMATION

Stratum Investments Ltd 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 as modified by the revaluation of certain assets.

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

Turnover comprises revenue recognised by the company in respect of rents received and services supplied during the year. Rents are recognised up to year end date.

The total turnover of the company for the year has been derived from its principal activity wholly undertaken within the UK.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

STRATUM INVESTMENTS LTD (REGISTERED NUMBER: 12119646)

Notes to the Financial Statements - continued
for the year ended 31 July 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 August 2023 11,141
Disposals (11,141 )
At 31 July 2024 -
DEPRECIATION
At 1 August 2023 4,547
Eliminated on disposal (4,547 )
At 31 July 2024 -
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 6,594

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023 724,649
Revaluations 225,351
At 31 July 2024 950,000
NET BOOK VALUE
At 31 July 2024 950,000
At 31 July 2023 724,649

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2024 225,351
Cost 724,649
950,000

Investment property was valued on an open market basis on 31 July 2024 by the director .

STRATUM INVESTMENTS LTD (REGISTERED NUMBER: 12119646)

Notes to the Financial Statements - continued
for the year ended 31 July 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Amounts owed by associated companies 62,150 70,339
Other debtors 1,775 5,175
63,925 75,514

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Trade creditors 1,299 650
Other creditors 42,783 78,117
44,082 78,767

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/7/24 31/7/23
£    £   
Bank loans 686,813 686,813
Other creditors 200,000 -
886,813 686,813

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 686,813 686,813

9. SECURED DEBTS

The following secured debts are included within creditors:

31/7/24 31/7/23
£    £   
Bank loans 686,813 686,813

The above loan is secured by way of a fixed charge on the company's investment property including a negative pledge.

10. PROVISIONS FOR LIABILITIES
31/7/24 31/7/23
£    £   
Deferred tax
Accelerated capital allowances - 1,253
Tax losses carried forward (26,168 ) (30,904 )
Other timing differences 56,338 49,470
30,170 19,819

STRATUM INVESTMENTS LTD (REGISTERED NUMBER: 12119646)

Notes to the Financial Statements - continued
for the year ended 31 July 2024

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 August 2023 19,819
Provided during year 10,351
Balance at 31 July 2024 30,170