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STRIPES PUBLISHING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
The Company is a private Company limited by shares and is incorporated in the United Kingdom. The
address of its registered office is 1 Coda Studios, 189 Munster Road, London, SW6 6AW.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
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Amounts owed by group undertakings
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Allotted, called up and fully paid
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1,000 (2023 - 1,000) Ordinary shares of £1.00 each
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Profit and loss account
This includes all current and prior period retained profits and losses. All reserves in respect of profit and
loss are distributable reserves.
The Company’s immediate parent Company is Penguin Random House Limited. The Company's ultimate parent company is Bertelsmann SE & Co KGaA, which is incorporated in Germany.
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