2023-09-012024-08-312024-08-31false14288335STARTITUP GLOBAL 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STARTITUP GLOBAL LTD

(formerly START IT UP GLOBAL LTD)

Registered Number
14288335
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2024

STARTITUP GLOBAL LTD
Company Information
for the year from 1 September 2023 to 31 August 2024

Director

CORTI, Natascha Sabrina

Registered Address

Startitup Place
4-6 Greatorex Street
London
E1 5NF

Registered Number

14288335 (England and Wales)
STARTITUP GLOBAL LTD
Balance Sheet as at
31 August 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets38,503-
Tangible assets44,8125,347
13,3155,347
Current assets
Debtors1,5041,504
Cash at bank and on hand46,26635,001
47,77036,505
Creditors amounts falling due within one year5(18,610)(6,851)
Net current assets (liabilities)29,16029,654
Total assets less current liabilities42,47535,001
Creditors amounts falling due after one year6(25,629)(25,000)
Net assets16,84610,001
Capital and reserves
Called up share capital11
Profit and loss account16,84510,000
Shareholders' funds16,84610,001
The financial statements were approved and authorised for issue by the Director on 31 May 2025, and are signed on its behalf by:
CORTI, Natascha Sabrina
Director
Registered Company No. 14288335
STARTITUP GLOBAL LTD
Notes to the Financial Statements
for the year ended 31 August 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' over 5 years in the profit and loss account.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Fixtures and fittings10
Office Equipment10
2.Average number of employees

20242023
Average number of employees during the year21
3.Intangible assets

Other

Total

££
Cost or valuation
Additions10,62910,629
At 31 August 2410,62910,629
Amortisation and impairment
Charge for year2,1262,126
At 31 August 242,1262,126
Net book value
At 31 August 248,5038,503
At 31 August 23--
4.Tangible fixed assets

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 September 238204,5275,347
At 31 August 248204,5275,347
Depreciation and impairment
Charge for year82453535
At 31 August 2482453535
Net book value
At 31 August 247384,0744,812
At 31 August 238204,5275,347
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables18,610-
Bank borrowings and overdrafts-6,851
Total18,6106,851
6.Creditors: amounts due after one year

2024

2023

££
Trade creditors / trade payables25,62925,000
Total25,62925,000