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Company Registration No. 08234301 (England and Wales)
STERLING OUTCOMES LIMITED Unaudited accounts for the year ended 31 December 2024
STERLING OUTCOMES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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STERLING OUTCOMES LIMITED Company Information for the year ended 31 December 2024
Director
Paul Graham Shepherd
Company Number
08234301 (England and Wales)
Registered Office
7 FERNWAY ALLERY BANKS MORPETH NORTHUMBERLAND NE61 1XJ ENGLAND
Accountants
Watson Syers Accountants Ltd Evolve Business Centre Cygnet Way, Rainton Bridge South Busines Houghton le Spring Tyne and Wear DH4 5QY
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STERLING OUTCOMES LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
56,056 
56,056 
Investment property
5
5,100 
5,100 
61,156 
61,156 
Current assets
Debtors
6
1,242,785 
1,247,250 
Cash at bank and in hand
11,097 
549 
1,253,882 
1,247,799 
Creditors: amounts falling due within one year
7
(4,800)
(4,800)
Net current assets
1,249,082 
1,242,999 
Total assets less current liabilities
1,310,238 
1,304,155 
Creditors: amounts falling due after more than one year
8
(1,232,283)
(1,229,188)
Net assets
77,955 
74,967 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
77,755 
74,767 
Shareholders' funds
77,955 
74,967 
For the 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. 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.
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 2 September 2025 and were signed on its behalf by
Paul Graham Shepherd Director Company Registration No. 08234301
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STERLING OUTCOMES LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
STERLING OUTCOMES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08234301. The registered office is 7 FERNWAY, ALLERY BANKS, MORPETH, NORTHUMBERLAND, NE61 1XJ, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
15% reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
49,678 
7,496 
57,174 
At 31 December 2024
49,678 
7,496 
57,174 
Depreciation
At 1 January 2024
- 
1,118 
1,118 
At 31 December 2024
- 
1,118 
1,118 
Net book value
At 31 December 2024
49,678 
6,378 
56,056 
At 31 December 2023
49,678 
6,378 
56,056 
5
Investment property
2024 
£ 
Fair value at 1 January 2024
5,100 
At 31 December 2024
5,100 
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STERLING OUTCOMES LIMITED Notes to the Accounts for the year ended 31 December 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
241,935 
252,250 
Other debtors
1,000,850 
995,000 
1,242,785 
1,247,250 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
4,800 
4,800 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
39,316 
46,059 
Other creditors
1,043,855 
1,054,918 
Loans from directors
20,582 
15,281 
Accruals
128,530 
112,930 
1,232,283 
1,229,188 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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