REGISTERED NUMBER: NI034898 (Northern Ireland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

STRATAGEM (NI) LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Ms L Blake

A Sawford

REGISTERED OFFICE:

Carnegie Building

121 Donegall Road

Belfast

BT12 5JL

REGISTERED NUMBER:

NI034898 (Northern Ireland)

FIXED ASSETS

Tangible assets

5

25,866

28,285

CURRENT ASSETS

Debtors

6

203,662

197,486

Cash at bank

254,066

188,804

457,728

386,290

CREDITORS

Amounts falling due within one year

7

313,844

233,382

NET CURRENT ASSETS

143,884

152,908

TOTAL ASSETS LESS CURRENT LIABILITIES

169,750

181,193

PROVISIONS FOR LIABILITIES

6,273

6,836

NET ASSETS

163,477

174,357

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

163,377

174,257

163,477

174,357

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

Ms L Blake - Director

1.	STATUTORY INFORMATION

Stratagem (NI) Ltd is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover represents fees from services invoiced excluding value added tax.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

52,353

81,835

134,188

Additions

-

1,404

1,404

At 31 December 2024

52,353

83,239

135,592

DEPRECIATION

At 1 January 2024

36,633

69,270

105,903

Charge for year

400

3,423

3,823

At 31 December 2024

37,033

72,693

109,726

NET BOOK VALUE

At 31 December 2024

15,320

10,546

25,866

At 31 December 2023

15,720

12,565

28,285

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

182,255

183,511

Other debtors

3,794

3,794

Prepayments

17,613

10,181

203,662

197,486

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

36,794

18,995

Amounts owed to group undertakings

200,000

100,000

Tax

33,254

13,817

Social security and other taxes

-

15,581

Pension

770

157

VAT

28,006

30,015

Other creditors

5,467

5,053

Accrued expenses

9,553

49,764

313,844

233,382