Company Registration No. 08244749 (England and Wales)
Stonelink International (London) Limited
Unaudited accounts
for the year ended 31 October 2024
Stonelink International (London) Limited
Unaudited accounts
Contents
Stonelink International (London) Limited
Company Information
for the year ended 31 October 2024
Director
Nicholas Arthur Tsiougos
Company Number
08244749 (England and Wales)
Registered Office
LINEN HALL SUITE 331
162 - 168 REGENT STREET
LONDON
W1B 5TD
UNITED KINGDOM
Stonelink International (London) Limited
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
17,440
25,531
Creditors: amounts falling due within one year
(38,683)
(39,026)
Net current assets
914
994
Called up share capital
1,000
1,000
Profit and loss account
(86)
(6)
Shareholders' funds
914
994
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 July 2025 and were signed on its behalf by
Nicholas Arthur Tsiougos
Director
Company Registration No. 08244749
Stonelink International (London) Limited
Notes to the Accounts
for the year ended 31 October 2024
Stonelink International (London) Limited is a private company, limited by shares, registered in England and Wales, registration number 08244749. The registered office is LINEN HALL SUITE 331, 162 - 168 REGENT STREET, LONDON, W1B 5TD, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% Straight line bases
4
Tangible fixed assets
Total
5
Transactions with related parties
There is a £13 655 investment in Velocity Energy Australia, this is shown in Other Debtors . The Director is a 50% shareholder
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).