REGISTERED NUMBER: 15009399 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Stratacore Properties (Liverpool)

Limited

Previously known as

Exceed Rice Works Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

Ms S Begum

Mr B Mellor

Mr M Parsons

Mr A S Jalil

REGISTERED OFFICE:

Office 1

Izabella House 24-26 Regent Place

City Centre

Birmingham

B1 3NJ

REGISTERED NUMBER:

15009399 (England and Wales)

ACCOUNTANTS:

BBK Partnership

Chartered Accountants

& Statutory Auditors

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

FIXED ASSETS

Investment property

4

169,960

89,980

CURRENT ASSETS

Cash at bank

647

936

CREDITORS

Amounts falling due within one year

5

(182,038

)

(100,057

)

NET CURRENT LIABILITIES

(181,391

)

(99,121

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,431

)

(9,141

)

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

7

(11,432

)

(9,142

)

SHAREHOLDERS' FUNDS

(11,431

)

(9,141

)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2025 and were signed on its behalf by:

Mr B Mellor - Director

1.	STATUTORY INFORMATION

Stratacore Properties (Liverpool) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Cash and cash equivalents

Cash and cash equivalents comprises cash on hand and all deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to and insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payables are classified as current liabilities of the company does not have an unconditional right at the end of the reporting period to refer settlements of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlements for at least twelve months after the reporting date they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Provision

Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

Going concern

At 31 December 2024, the company had net liabilities of £11,431, primarily resulting from start-up legal and administrative costs incurred in acquiring its investment property. The property is expected to generate income with negligible running costs. The directors have prepared cash flow forecasts for a period of at least 12 months from the date of approval of these financial statements and consider that the company will be able to meet its liabilities as they fall due.

Accordingly, the financial statements have been prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

89,980

Additions

79,980

At 31 December 2024

169,960

NET BOOK VALUE

At 31 December 2024

169,960

At 31 December 2023

89,980

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

1

-

Amounts owed to group undertakings

174,037

94,057

Accrued expenses

8,000

6,000

182,038

100,057

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1

Ordinary

1

1

1

7.

RESERVES

Retained

earnings

£

At 1 January 2024

(9,142

)

Deficit for the year

(2,290

)

At 31 December 2024

(11,432

)

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Directors and key management personnel have not been remunerated for their services to the company. However, the directors and key management personal are remunerated by other related undertakings for their services. It is not possible to separately identify the amounts attributable for services rendered to the company.

9.	ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking is Exceed Grp holding Ltd as company registered in the United Kingdom. The ultimate controlling parties are Shelina Begum, a director of the company together with connected persons,possesses 100% of the shareholding in Exceed Grp holding Ltd.

The company has taken advantage of the exemption from audit under s. 479A - 479C of the Companies Act

2006.