Strida Developments Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06423702

Strida Developments Limited

Filleted Unaudited Financial Statements

31 March 2025

Strida Developments Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4		500,856	501,071

Current assets

Debtors	5	5,000	5,000
Cash at bank and in hand		9,452	1,576
		--------	-------
		14,452	6,576

Creditors: amounts falling due within one year	6	39,157		35,693
		--------		--------
Net current liabilities			24,705	29,117
			---------	---------
Total assets less current liabilities			476,151	471,954

Creditors: amounts falling due after more than one year	7	51,182	72,164
		---------	---------
Net assets		424,969	399,790
		---------	---------

Capital and reserves

Called up share capital	30	30
Revaluation reserve	112,906	112,906
Profit and loss account	312,033	286,854
	---------	---------
Shareholders funds	424,969	399,790
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Strida Developments Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 28 October 2025 , and are signed on behalf of the board by:

Mr S L Melber

Director

Company registration number: 06423702

Strida Developments Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 86-90 Paul Street, London, EC2A 4NE, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Tangible assets

	Land and buildings	Fixtures and fittings	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	500,000	16,136	516,136
	---------	--------	---------
Depreciation
At 1 April 2024	–	15,065	15,065
Charge for the year	–	215	215
	---------	--------	---------
At 31 March 2025	–	15,280	15,280
	---------	--------	---------
Carrying amount
At 31 March 2025	500,000	856	500,856
	---------	--------	---------
At 31 March 2024	500,000	1,071	501,071
	---------	--------	---------

5. Debtors

	2025	2024
	£	£
Other debtors	5,000	5,000
	-------	-------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	21,347	21,347
Corporation tax	6,603	2,983
Other creditors	11,207	11,363
	--------	--------
	39,157	35,693
	--------	--------

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	51,182	72,164
	--------	--------

8. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr R A Sanders	( 322)	–	( 312)	( 634)
Mr S L Melber	( 4,658)	–	( 312)	( 4,970)
Mr D N P Cummings	( 323)	–	–	( 323)
	-------	----	----	-------
	( 5,303)	–	( 624)	( 5,927)
	-------	----	----	-------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr R A Sanders	4,346	615	( 5,283)	( 322)
Mr S L Melber	4,346	–	( 9,004)	( 4,658)
Mr D N P Cummings	4,346	–	( 4,669)	( 323)
	--------	----	--------	-------
	13,038	615	( 18,956)	( 5,303)
	--------	----	--------	-------

9. Related party transactions

The company was under the control of Mr D N P Cummings , Mr S L Melber and Mr R A Sanders the current and previous year. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.