Strax Limited - Accounts

Strax Limited
Director's Report
For the Period 01 August 2024 to 31 August 2025

Director's report and financial statements

The director presents his annual report and the financial statements for the year ended 31 August 2025.

Principal activities

The principal activity of the Company during the financial period was specialist IT hardware supply and support.

Director

The director who served the Company throughout the period was as follows:

Michael Devlin

Statement of director's responsibilities

The director is responsible for preparing the director's report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice. Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare financial statements in accordance with UK Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the Company and the profit or loss of the Company for that period.

In preparing these financial statements, the director is required to:

- Select suitable accounting policies and then apply them consistently;
- Make judgements and accounting estimates that are reasonable and prudent;
- State whether applicable UK Accounting Standards have been followed (subject to any material departures disclosed); and
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume continuation.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The director is responsible for the maintenance and integrity of the corporate and financial information included on the Company's website.

Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions.

Additional Notes

The Company ceased to trade 31 March 2025. The director is taking formal steps to dissolve the Company and for the Company to be struck from the Companies Register.

On behalf of the board.

----------------------------------
Michael Devlin
Director

Date approved: 04 September 2025

Registered Number: 10343371 Strax Limited
Balance Sheet
As at 31 August 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	-	62,739
		-	62,739
Current assets
Stocks	4	-	41,231
Debtors	5	4,356	41,627
Cash at bank and in hand		10,335	113,269
		14,691	196,127
Creditors: amount falling due within one year	6	(33,520)	(157,182)
Net current assets		(18,829)	38,945

Total assets less current liabilities		(18,829)	101,684
Creditors: amount falling due after more than one year	7	-	(9,263)
Net assets		(18,829)	92,421

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		(18,929)	92,321
Shareholders' funds		(18,829)	92,421

For the period ended 31 August 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the Company to obtain an audit of its accounts for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 04 September 2025 and were signed by:

-------------------------------
Michael Devlin
Director

Strax Limited
Notes to the Financial Statements
For the Period 01 August 2024 to 31 August 2025

General Information

Strax Limited is a private company, limited by shares, registered in England and Wales, with registered number 10343371, at 46 Syon Lane, Isleworth, Middlesex, TW7 5NQ.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 (under Part 1A), the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006.

Basis of preparation

The financial statements are presented in £ Sterling (which is the operational currency of the Company), under the historical cost convention in accordance with the accounting policies.

Going concern basis

The Company ceased to trade on 31 March 2025 and the director is taking formal steps for the Company to be wound-up.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the Company, net of Value Added Tax.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.

Taxation

Taxation represents the sum of tax currently payable, recognised in the profit and loss account. No provision is made for deferred tax. The Company's liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Work-in-progress is valued at full retail value, which is a departure from generally accepted accounting conventions because, in the opinion of the director, the accounting treatment adopted more accurately calculates the profit for the financial year.

2.	Average number of employees Average number of employees during the period was 3 (2024 : 3).

Tangible fixed assets

Cost or valuation	Plant and machinery etc	Total
	£	£
At 01 August 2024	86,248	86,248
Additions	-	-
Disposals	(86,248)	(86,248)
At 31 August 2025	-	-
Depreciation
At 01 August 2024	23,509	23,509
Charge for period	-	-
On disposals	(23,509)	(23,509)
At 31 August 2025	-	-
Net book values
Closing balance as at 31 August 2025	-	-
Opening balance as at 01 August 2024	62,739	62,739

Stocks

	2025 £		2024 £
Work-in-Progress	-		41,231
	-		41,231

Debtors: amounts falling due within one year

	2025 £		2024 £
Other Debtors	4,356		41,627
	4,356		41,627

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	6,401	-
Bank Loans & Overdrafts	9,263	10,648
Taxation and Social Security	1,964	24,220
Other Creditors	15,892	122,314
	33,520	157,182

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	-		9,263
	-		9,263

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Ordinary shares of £1.00 each	100		100
	100		100

Registered Number: 10343371
England and Wales
STRAX LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 August 2024 End date: 31 August 2025