Company Registration No. 07634698 (England and Wales)
Stretch Digital Limited
Unaudited accounts
for the year ended 31 May 2025
Stretch Digital Limited
Unaudited accounts
Contents
Stretch Digital Limited
Company Information
for the year ended 31 May 2025
Company Number
07634698 (England and Wales)
Registered Office
249 Cranbrook Road
Ilford
G1 4TG
United Kingdom
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
Stretch Digital Limited
Statement of financial position
as at 31 May 2025
Cash at bank and in hand
111,629
149,074
Creditors: amounts falling due within one year
(45,386)
(76,314)
Net current assets
184,429
186,328
Net assets
185,065
186,425
Called up share capital
100
100
Profit and loss account
184,965
186,325
Shareholders' funds
185,065
186,425
For the year ending 31 May 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 May 2026 and were signed on its behalf by
Mr R Ireland
Director
Company Registration No. 07634698
Stretch Digital Limited
Notes to the Accounts
for the year ended 31 May 2025
Stretch Digital Limited is a private company, limited by shares, registered in England and Wales, registration number 07634698. The registered office is 249 Cranbrook Road, Ilford, G1 4TG, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Stretch Digital Limited
Notes to the Accounts
for the year ended 31 May 2025
The directors have prepared the financial statements on a going concern basis. In making this assessment, the directors have considered the current financial position of the company, future cash flow forecasts, and the expected trading performance for a period of at least twelve months from the date of approval of these financial statements.
Subsequent to the year end, the directors are currently considering the future viability of the company, including the possibility of ceasing trading or placing the company into voluntary liquidation
As a result, material uncertainty exists which may cast significant doubt upon the company’s ability to continue as a going concern.
The directors have nevertheless prepared the financial statements on a going concern basis as they believe the company will continue to realise its assets and discharge its liabilities in the normal course of business for a period of at least 12 months from the date of approval of the financial statements.
Accordingly, the accounts do not include the adjustments that would arise if the company was unable to continue as a going concern.
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
36,545
105,568
Accrued income and prepayments
43,375
8,000
6
Investments held as current assets
2025
2024
Unlisted investments
20,451
-
Stretch Digital Limited
Notes to the Accounts
for the year ended 31 May 2025
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
5,882
2,810
Other creditors
28,799
29,521
Loans from directors
1,137
804
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).