REGISTERED NUMBER: SC444023 (Scotland)

Financial Statements

for the Year Ended 31 March 2025

for

Strollex Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J A Codona

REGISTERED OFFICE:

Radleigh House

1 Golf Road

Clarkston

Glasgow

G76 7HU

REGISTERED NUMBER:

SC444023 (Scotland)

FIXED ASSETS

Property, plant and equipment

3

226

226

CURRENT ASSETS

Debtors

4

3,644

3,644

Cash at bank

23,564

23,564

27,208

27,208

CREDITORS

Amounts falling due within one year

5

32,767

32,767

NET CURRENT LIABILITIES

(5,559

)

(5,559

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,333

)

(5,333

)

CREDITORS

Amounts falling due after more than one year

6

77,913

77,913

NET LIABILITIES

(83,246

)

(83,246

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7

(83,346

)

(83,346

)

SHAREHOLDERS' FUNDS

(83,246

)

(83,246

)

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 December 2025 and were signed by:

J A Codona - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Going concern

The directors are satisfied that the Company will have access to sufficient funds to ensure that all liabilities will be met as they fall due over a period of at least 12 months from the approval date of these financial statements. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Impairment of fixed assets

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

3.	PROPERTY, PLANT AND EQUIPMENT

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

2,008

DEPRECIATION

At 1 April 2024

and 31 March 2025

1,782

NET BOOK VALUE

At 31 March 2025

226

At 31 March 2024

226

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax Debtor

1,581

1,581

PAYE Debtor

783

783

Prepayments

1,280

1,280

3,644

3,644

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

15,546

15,546

Trade creditors

4,985

4,985

VAT

4,338

4,338

Accrued expenses

7,898

7,898

32,767

32,767

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

77,095

77,095

Director's loan account

818

818

77,913

77,913

7.

RESERVES

Retained

earnings

£

At 1 April 2024

(83,346

)

Profit for the year

-

At 31 March 2025

(83,346

)