Strongly Typed Ltd 14609622 false 2024-02-01 2025-01-31 2025-01-31 The principal activity of the company is software development. Digita Accounts Production Advanced 6.30.9574.0 true 14609622 2024-02-01 2025-01-31 14609622 2025-01-31 14609622 core:RetainedEarningsAccumulatedLosses 2025-01-31 14609622 core:ShareCapital 2025-01-31 14609622 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 14609622 core:FurnitureFittingsToolsEquipment 2025-01-31 14609622 bus:SmallEntities 2024-02-01 2025-01-31 14609622 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 14609622 bus:FilletedAccounts 2024-02-01 2025-01-31 14609622 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 14609622 bus:RegisteredOffice 2024-02-01 2025-01-31 14609622 bus:Director1 2024-02-01 2025-01-31 14609622 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 14609622 core:ComputerEquipment 2024-02-01 2025-01-31 14609622 core:FurnitureFittingsToolsEquipment 2024-02-01 2025-01-31 14609622 countries:EnglandWales 2024-02-01 2025-01-31 14609622 2024-01-31 14609622 core:FurnitureFittingsToolsEquipment 2024-01-31 14609622 2023-01-23 2024-01-31 14609622 2024-01-31 14609622 core:RetainedEarningsAccumulatedLosses 2024-01-31 14609622 core:ShareCapital 2024-01-31 14609622 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 14609622 core:FurnitureFittingsToolsEquipment 2024-01-31 iso4217:GBP xbrli:pure

Registration number: 14609622

Strongly Typed Ltd

Annual Report and Unaudited Financial Statements

For The Year Ended 31 January 2025

 

Strongly Typed Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Strongly Typed Ltd

(Registration number: 14609622)
Balance Sheet as at 31 January 2025

Note

2025
£

2024
£

           

Fixed assets

   

 

Tangible assets

4

 

1,709

 

1,440

Current assets

   

 

Debtors

5

-

 

13,200

 

Cash at bank and in hand

 

98,941

 

1,167

 

 

98,941

 

14,367

 

Creditors: Amounts falling due within one year

6

(32,992)

 

(5,833)

 

Net current assets

   

65,949

 

8,534

Total assets less current liabilities

   

67,658

 

9,974

Provisions for liabilities

 

(427)

 

(360)

Net assets

   

67,231

 

9,614

Capital and reserves

   

 

Called up share capital

1

 

1

 

Profit and loss account

67,230

 

9,613

 

Total equity

   

67,231

 

9,614

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 14 May 2025
 

.........................................
Mr N.C.A. Payne
Director

 

Strongly Typed Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 January 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Dunstarn Gardens
Leeds
LS16 8EJ
England

These financial statements were authorised for issue by the director on 14 May 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Strongly Typed Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 January 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Computer equipment

25% Straight line

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

 

Strongly Typed Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 January 2025

4

Tangible assets

Computer equipment
£

Total
£

Cost or valuation

At 1 February 2024

1,920

1,920

Additions

999

999

At 31 January 2025

2,919

2,919

Depreciation

At 1 February 2024

480

480

Charge for the year

730

730

At 31 January 2025

1,210

1,210

Carrying amount

At 31 January 2025

1,709

1,709

At 31 January 2024

1,440

1,440

5

Debtors

Debtors: amounts falling due within one year

2025
£

2024
£

Trade debtors

-

13,200

 

-

13,200

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Taxation and social security

31,680

2,002

Other creditors

1,312

3,831

32,992

5,833