STREET TRACK LIFE LTD


Director	GRAHAM, Alistair


Registered Address	Unit A1 Manor Point Business Park Manor Lane
	Holmes Chapel
	Crewe
	CW4 8GL


Registered Number	11515627 (England and Wales)

Balance Sheet as at
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		3,000		4,000
Tangible assets	4		19,928		24,973
			22,928		28,973
Current assets
Stocks	5	330,863		334,306
Debtors	6	34,322		18,244
Cash at bank and on hand		83,550		64,515
		448,735		417,065
Creditors amounts falling due within one year	7	(107,243)		(68,441)
Net current assets (liabilities)			341,492		348,624
Total assets less current liabilities			364,420		377,597
Net assets			364,420		377,597
Capital and reserves
Called up share capital			100		100
Profit and loss account			364,320		377,497
Shareholders' funds			364,420		377,597

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 28 May 2026, and are signed on its behalf by:

GRAHAM, Alistair
Director
Registered Company No. 11515627

STREET TRACK LIFE LTD

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods.

	Current taxation
	Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Fixtures and fittings	25	-
Vehicles	-	4

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	5		5

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 September 24	10,000	10,000
At 31 August 25	10,000	10,000
Amortisation and impairment
At 01 September 24	6,000	6,000
Charge for year	1,000	1,000
At 31 August 25	7,000	7,000
Net book value
At 31 August 25	3,000	3,000
At 31 August 24	4,000	4,000

4.	Tangible fixed assets

	Vehicles	Fixtures & fittings	Total
	£	£	£
Cost or valuation
At 01 September 24	23,800	12,003	35,803
Additions	-	1,383	1,383
At 31 August 25	23,800	13,386	37,186
Depreciation and impairment
At 01 September 24	4,760	6,070	10,830
Charge for year	4,760	1,668	6,428
At 31 August 25	9,520	7,738	17,258
Net book value
At 31 August 25	14,280	5,648	19,928
At 31 August 24	19,040	5,933	24,973

5.	Stocks
	Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

	2025	2024
	£	£
Finished goods	330,863	334,306
Total	330,863	334,306

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	22,114	18,244
Prepayments and accrued income	421	-
Total	22,535	18,244

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	61,244	17,623
Amounts owed to related parties	-	4,193
Taxation and social security	40,182	36,885
Dividends payable	3,507	-
Other creditors	2,310	8,490
Accrued liabilities and deferred income	-	1,250
Total	107,243	68,441