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Registered number: 10654790
Strategic Business Exits Limited
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
Prepared By:
Johnston and Co
Accountants
Cherry Trees
DY12 3LE
Strategic Business Exits Limited
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
John Richard Knight
REGISTERED OFFICE
Cherry Trees
Pound Green
Bewdley
DY12 3LE
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10654790
ACCOUNTANTS
Johnston and Co
Accountants
Cherry Trees
DY12 3LE
Strategic Business Exits Limited
ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Strategic Business Exits Limited
BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Tangible assets410,61712,264
CURRENT ASSETS
Debtors524,414165,641
Cash at bank and in hand47,24848,197
71,662213,838
CREDITORS: Amounts falling due within one year652,859139,329
NET CURRENT ASSETS18,80374,509
TOTAL ASSETS LESS CURRENT LIABILITIES29,42086,773
CREDITORS: Amounts falling due after more than one year71,2506,250
PROVISIONS FOR LIABILITIES AND CHARGES8225332
NET ASSETS27,94580,191
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account27,84580,091
SHAREHOLDERS' FUNDS27,94580,191
For the year ending 31/03/2025 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 24/11/2025 and signed on their behalf by
.............................
John Richard Knight
Director
Strategic Business Exits Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 10%
Fixtures and Fittingsstraight line 12.5%
Equipmentreducing balance 25%
1c. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. EMPLOYEES
20252024
No.No.
Average number of employees22
Strategic Business Exits Limited
3. INTANGIBLE FIXED ASSETS
Purchased
PatentsGoodwillTotal
£££
Cost
At 01/04/202415,60010,95026,550
At 31/03/202515,60010,95026,550
Depreciation
At 01/04/202415,60010,95026,550
At 31/03/202515,60010,95026,550
Net Book Amounts
At 31/03/2025---
4. TANGIBLE FIXED ASSETS
Land AndFixtures
Buildingsand FittingsEquipmentTotal
££££
Cost
At 01/04/202410,8523,0163,62417,492
At 31/03/202510,8523,0163,62417,492
Depreciation
At 01/04/20241,0851,7622,3815,228
For the year1,0852513111,647
At 31/03/20252,1702,0132,6926,875
Net Book Amounts
At 31/03/20258,6821,00393210,617
At 31/03/20249,7671,2541,24312,264
5. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors6,719160,200
UK corporation tax11,697-
VAT5,9985,441
24,414165,641
Strategic Business Exits Limited
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax-24,421
Directors current account35,56941,293
Bank Loan5,0005,000
Trade creditors10,44056,995
Accruals1,85011,620
52,859139,329
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans (unsecured) >1yr1,2506,250
1,2506,250
8. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation225332
225332
9. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100