REGISTERED NUMBER: 04838338 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Sulis Strata Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

Miss D Brown

REGISTERED OFFICE:

3 Mulberry Lane

East Cosham

Portsmouth

Hampshire

PO6 2QU

REGISTERED NUMBER:

04838338 (England and Wales)

ACCOUNTANTS:

Priors Consultancy (Southern) Limited

12 Priors Close

Southbourne

Emsworth

Hampshire

PO10 8LJ

FIXED ASSETS

Tangible assets

3

28,572

37,391

CURRENT ASSETS

Debtors

4

183,406

167,651

CREDITORS

Amounts falling due within one year

5

202,030

189,419

NET CURRENT LIABILITIES

(18,624

)

(21,768

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,948

15,623

CREDITORS

Amounts falling due after more than one year

6

44,889

33,504

NET LIABILITIES

(34,941

)

(17,881

)

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

(34,943

)

(17,883

)

SHAREHOLDERS' FUNDS

(34,941

)

(17,881

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

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

The director acknowledges her 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 29 April 2026 and were signed by:

Miss D Brown - 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 11 ) .

3.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 August 2024

and 31 July 2025

3,610

65,859

6,969

76,438

DEPRECIATION

At 1 August 2024

2,166

33,131

3,750

39,047

Charge for year

359

7,696

764

8,819

At 31 July 2025

2,525

40,827

4,514

47,866

NET BOOK VALUE

At 31 July 2025

1,085

25,032

2,455

28,572

At 31 July 2024

1,444

32,728

3,219

37,391

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

170,460

167,651

Other debtors

12,946

-

183,406

167,651

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts (see note 7)

13,176

12,323

Trade creditors

(1

)

-

Social security and other taxes

(7,138

)

(7,599

)

VAT

13,395

17,987

Other creditors

-

1,462

Other Creditors

170,286

124,186

Directors' current accounts

12,312

41,060

202,030

189,419

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Other loans (see note 7)

44,889

33,504

7.

LOANS

An analysis of the maturity of loans is given below:

31.7.25

31.7.24

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

13,176

12,323

Amounts falling due between one and two years:

Other loans - 1-2 years

10,021

9,471

Funding Circle loan

-

24,033

Fleximize Capital Loan

34,868

-

44,889

33,504

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

2

ordinary

£1

2

2

9.

RESERVES

Retained

earnings

£

At 1 August 2024

(17,883

)

Deficit for the year

(17,060

)

At 31 July 2025

(34,943

)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Priors Consultancy (Southern) Limited

12 Priors Close

Southbourne

Emsworth

Hampshire

PO10 8LJ

Date: .............................................