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Company Registration No. 12886836 (England and Wales)
Stefo Limited Unaudited accounts for the year ended 31 March 2025
Stefo Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Stefo Limited Company Information for the year ended 31 March 2025
Directors
Cecilia Olukemi YEKINI DAVID YEKINI
Secretary
Esther YEKINI
Company Number
12886836 (England and Wales)
Registered Office
Capital Office 124-128 City Road London London EC1V 2NX England
Accountants
Johnson Olanrewaju High Glory Associates London House, Suite 1, Thames road. Slade Green. Dartford Dartford, Kent DA1 14SL
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Stefo Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
176,656
178,459
Current assets
Cash at bank and in hand
641
1,828
Creditors: amounts falling due within one year
5
(1,260)
(4,667)
Net current liabilities
(619)
(2,839)
Total assets less current liabilities
176,037
175,620
Creditors: amounts falling due after more than one year
6
(129,055)
(127,615)
Net assets
46,982
48,005
Capital and reserves
Called up share capital
7
60,000
60,000
Profit and loss account
(13,018)
(11,995)
Shareholders' funds
46,982
48,005
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by
Cecilia Olukemi YEKINI Director Company Registration No. 12886836
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Stefo Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Stefo Limited is a private company, limited by shares, registered in England and Wales, registration number 12886836. The registered office is Capital Office, 124-128 City Road, London, London, EC1V 2NX, 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:
Land & buildings
1% provision to be made every year
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 April 2024
180,262
At 31 March 2025
180,262
Depreciation
At 1 April 2024
1,803
Charge for the year
1,803
At 31 March 2025
3,606
Net book value
At 31 March 2025
176,656
At 31 March 2024
178,459
5
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
(2,210)
(334)
Other creditors
1,360
701
Loans from directors
1,810
4,000
Accruals
300
300
1,260
4,667
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Stefo Limited Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
124,363
127,615
Other creditors
4,692
-
129,055
127,615
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
6,000 Ordinary shares of £10 each
60,000
60,000
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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