Registered number
11615894
STRIBORG FINANCE LTD
Report and Accounts
31 March 2025
STRIBORG FINANCE LTD
Registered number: 11615894
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,240 1,960
Current assets
Debtors 4 679,474 1,275,095
Investments held as current assets 5 67,918 225,782
Cash at bank and in hand 19,682 35,481
767,074 1,536,358
Creditors: amounts falling due within one year 6 (979,052) (1,660,285)
Net current liabilities (211,978) (123,927)
Net liabilities (210,738) (121,967)
Capital and reserves
Called up share capital 100 100
Profit and loss account (210,838) (122,067)
Shareholder's funds (210,738) (121,967)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Sergei Shpilevskii
Director
Approved by the board on 4 June 2025
STRIBORG FINANCE LTD
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments
Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Going concern
The financial statements have been prepared on a going concern basis even though at the balance sheet date the company had net liabilities amounting to £210,738 (2024: £121,967) and incurred a net loss of £88,771 (2024: £41,233) for the period.

The director has concluded that the combination of these circumstances represent a material uncertainty that casts significant doubt upon the company's ability to continue as a going concern. Nevertheless after making enquiries, and considering the uncertainties described above, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For these reasons, they continue to adopt the going concern basis in preparing the accounts.
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.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 8,402
Additions 749
At 31 March 2025 9,151
Depreciation
At 1 April 2024 6,442
Charge for the year 1,469
At 31 March 2025 7,911
Net book value
At 31 March 2025 1,240
At 31 March 2024 1,960
4 Debtors 2025 2024
£ £
Trade debtors 511,856 511,856
Other debtors 167,618 763,239
679,474 1,275,095
5 Investments held as current assets 2025 2024
£ £
Fair value
Listed investments 67,918 225,782
Increase/(decrease) in fair value included in the profit and loss account for the financial year
Listed investments (23,090) 8,346
6 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 822,298 1,578,813
Taxation and social security costs (579) (984)
Other creditors 157,333 82,456
979,052 1,660,285
7 Related party transactions
Included in other debtors due within one year are the following balances due from related parties:
2025 2024
£ £
CJL Kairos Ltd 75,863 469,166
8 Transactions with directors
At the period end the Company owed £152,701 to Sergei Shpilevskii, the Company's director, in relation to a working capital provided to the Company . At the period end, this amount remains unpaid and is included within creditors due within one year.
9 Other information
STRIBORG FINANCE LTD is a private company limited by shares and incorporated in England. Its registered office is:
Suite 5, 3rd Floor
Sovereign House
1 Albert Place
London
N3 1QB
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