| Registered Number:SC380072 |
For the year ended 31 March 2025
Scotland
Report of the Directors and Unaudited Financial Statements
For the year ended 31 March 2025
Stop Go Networks Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Stop Go Networks Limited
Statement of Financial Position
31/3/2024
31/3/2025
| Property, plant and equipment |
10,502
11,160
2
10,502
11,160
| Trade and other receivables |
455,825
515,309
3
271,850
| Cash and cash equivalents |
425,091
940,400
727,675
| Trade and other payables: amounts falling due within one year |
(583,162)
(737,621)
4
144,513
202,779
Net current assets
| Total assets less current liabilities |
213,281
155,673
| Trade and other payables: amounts falling due after more than |
| one year |
(104,230)
(24,854)
5
188,427
Net assets
51,443
300
300
188,127
51,143
188,427
51,443
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 28 November 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Stop Go Networks Limited
Notes to the Financial Statements
Statutory Information
| Stop Go Networks Limited is a private limited company, limited by shares, domiciled in Scotland, registration number |
| SC380072. |
272 Bath Street
Glasgow
G2 4JR
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting |
| Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. |
| There were no material departures from that standard. |
| The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain |
| assets to fair value where required. |
Revenue recognition
Turnover comprises the invoiced value of services supplied by the company.
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Fixtures and fittings
Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Financial Instruments
| The Company has elected to apply the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial |
| Instruments Issues" of FRS 102 to all of its financial instruments. |
| Financial instruments are recognised in the company's statement of financial position when the company becomes party to |
| the contractual provisions of a financial instrument. |
| Basic financial instruments, including trade and other receivables, cash and bank balances, trade and other payables, bank |
| and other loans are initially measured at transaction price and subsequently carried at amortised cost. Financial assets and |
| liabilities classified as receivable/payable within one year are not amortised. |
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For the year ended 31 March 2025
Stop Go Networks Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
119,639
111,148
8,491
4,391
4,391
-
8,491
115,539
124,030
| Provision for depreciation and impairment |
108,479
101,555
6,924
Charge for year
5,049
4,657
392
113,528
106,212
7,316
1,175
9,327
10,502
1,567
9,593
11,160
| 3. Trade and other receivables |
31/3/2024
31/3/2025
487,004
394,620
28,305
61,205
455,825
515,309
| The debtors above include the following amounts falling due after more than one year: |
27,963
15,873
| 4. Trade and other payables: amounts falling due within one year |
31/3/2024
31/3/2025
80,000
80,000
515,448
428,052
| Taxation and social security |
90,801
35,744
51,372
39,366
737,621
583,162
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For the year ended 31 March 2025
Stop Go Networks Limited
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due after more than one year |
31/3/2024
31/3/2025
20,000
100,000
4,854
4,230
24,854
104,230
| The directors are owed £4,854 from the Company at 31st March 2025. This is a non-interest bearing loan and there are no fixed repayment terms. The bank loan is secured by a floating charge over the company's assets. |
| 6. Directors advances and guarantees |
| Mr Andrew Hynes, Mr Martin Dixon and Unified Tech Holdings Ltd are the Company's controlling parties. |
| During the year the company paid £45,000 into directors pension funds. |
| The company also paid £200,302 of dividends in the year |
| 7. Average number of persons employed |
During the year the average number of employees was 18 (2024 : 19)
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