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Company No: 10906801 (England and Wales)

STORK SOLUTIONS LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH THE REGISTRAR

STORK SOLUTIONS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024

Contents

STORK SOLUTIONS LIMITED

COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
STORK SOLUTIONS LIMITED

COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
DIRECTORS Emma Drury
Sam Drury
REGISTERED OFFICE 6 Fortuna Court
Calleva Park
Aldermaston
RG7 8UB
United Kingdom
COMPANY NUMBER 10906801 (England and Wales)
ACCOUNTANT Langdowns DFK
Fleming Court
Leigh Road
Eastleigh
Southampton
Hampshire
SO50 9PD
STORK SOLUTIONS LIMITED

BALANCE SHEET

AS AT 31 DECEMBER 2024
STORK SOLUTIONS LIMITED

BALANCE SHEET (continued)

AS AT 31 DECEMBER 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 526,868 443,534
526,868 443,534
Current assets
Stocks 205,800 167,875
Debtors 4 201,124 102,337
Cash at bank and in hand 7,740 75,216
414,664 345,428
Creditors: amounts falling due within one year 5 ( 450,990) ( 316,470)
Net current (liabilities)/assets (36,326) 28,958
Total assets less current liabilities 490,542 472,492
Creditors: amounts falling due after more than one year 6 ( 131,899) ( 138,560)
Provision for liabilities ( 49,308) ( 54,577)
Net assets 309,335 279,355
Capital and reserves
Called-up share capital 7 100 100
Profit and loss account 309,235 279,255
Total shareholders' funds 309,335 279,355

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Stork Solutions Limited (registered number: 10906801) were approved and authorised for issue by the Board of Directors on 24 July 2025. They were signed on its behalf by:

Sam Drury
Director
STORK SOLUTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
STORK SOLUTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Stork Solutions Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 6 Fortuna Court, Calleva Park, Aldermaston, RG7 8UB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings 50 years straight line
Plant and machinery etc. 25 % reducing balance

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 8 7

3. Tangible assets

Land and buildings Plant and machinery etc. Total
£ £ £
Cost
At 01 January 2024 232,895 307,996 540,891
Additions 0 163,588 163,588
At 31 December 2024 232,895 471,584 704,479
Accumulated depreciation
At 01 January 2024 7,770 89,587 97,357
Charge for the financial year 4,657 75,597 80,254
At 31 December 2024 12,427 165,184 177,611
Net book value
At 31 December 2024 220,468 306,400 526,868
At 31 December 2023 225,125 218,409 443,534

4. Debtors

2024 2023
£ £
Trade debtors 165,237 63,681
Prepayments 2,467 2,896
Other debtors 33,420 35,760
201,124 102,337

5. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans and overdrafts 7,200 9,815
Trade creditors 202,179 100,077
Amounts owed to directors 6,369 47,388
Accruals 47,120 3,850
Taxation and social security 80,640 33,706
Obligations under finance leases and hire purchase contracts 106,783 116,994
Other creditors 699 4,640
450,990 316,470

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 131,899 138,560

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
60 A shares ordinary shares of £ 1.00 each 60 60
40 B shares ordinary shares of £ 1.00 each 40 40
100 100