STRIPE STREET LTD 31/12/2025 iXBRL

Company registration number: 08330420

STRIPE STREET LTD

Trading as Stripe Street Ltd

Unaudited filleted financial statements

31 December 2025

STRIPE STREET LTD

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

STRIPE STREET LTD

Directors and other information


	Director	Mr Cormac McNabb


	Company number	08330420


	Registered office	3rd Floor, 46-48 James Street
		London
		England
		W1U 1EZ


	Accountants	McDaid McCullough Moore
		28-32 Clarendon Street
		Derry
		BT48 7HD




	Bankers	Lloyds TSB Bank PLC
		1 Legg Street
		Essex
		England
		CM1 1JS

STRIPE STREET LTD

Report to the director on the preparation of the

unaudited statutory financial statements of STRIPE STREET LTD

Year ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of STRIPE STREET LTD for the year ended 31 December 2025 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of Chartered Accountants Ireland , we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.

This report is made solely to the director of STRIPE STREET LTD, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of STRIPE STREET LTD and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than STRIPE STREET LTD and its director as a body for our work or for this report.

It is your duty to ensure that STRIPE STREET LTD has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of STRIPE STREET LTD. You consider that STRIPE STREET LTD is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of STRIPE STREET LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

McDaid McCullough Moore

Chartered Accountants

28-32 Clarendon Street

Derry

BT48 7HD

11 June 2026

STRIPE STREET LTD

Statement of financial position

31 December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	6	95,711		15,425
		_______		_______
			95,711		15,425

Current assets
Debtors	7	937,200		633,750
Cash at bank and in hand		545,912		982,259
		_______		_______
		1,483,112		1,616,009
Creditors: amounts falling due
within one year	8	( 213,490)		( 306,937)
		_______		_______
Net current assets			1,269,622		1,309,072
			_______		_______
Total assets less current liabilities			1,365,333		1,324,497


Provisions for liabilities	9		( 23,928)		( 3,856)

			_______		_______
Net assets			1,341,405		1,320,641
			_______		_______

Capital and reserves
Called up share capital	11		100		100
Profit and loss account			1,341,305		1,320,541
			_______		_______
Shareholders funds			1,341,405		1,320,641
			_______		_______

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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 comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 11 June 2026 , and are signed on behalf of the board by:

Mr Cormac McNabb

Director

Company registration number: 08330420

STRIPE STREET LTD

Statement of changes in equity

Year ended 31 December 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 January 2024	100	868,178	868,278

Profit for the year		622,363	622,363
	_______	_______	_______
Total comprehensive income for the year	-	622,363	622,363

Dividends paid and payable		( 170,000)	( 170,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 170,000)	( 170,000)

	_______	_______	_______
At 31 December 2024 and 1 January 2025	100	1,320,541	1,320,641

Profit for the year		440,764	440,764
	_______	_______	_______
Total comprehensive income for the year	-	440,764	440,764

Dividends paid and payable		( 420,000)	( 420,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 420,000)	( 420,000)

	_______	_______	_______
At 31 December 2025	100	1,341,305	1,341,405
	_______	_______	_______

STRIPE STREET LTD

Notes to the financial statements

Year ended 31 December 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 Stripe Street Ltd, 3rd Floor, 46-48 James Street, London, England, W1U 1EZ.

2. Statement of compliance

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

Turnover

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.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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 are 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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	20 %	straight line
Website	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2024: 5 ).

5. Tax on profit

Major components of tax expense

	2025	2024
	£	£
Current tax:
UK current tax expense	126,884	206,479
	_______	_______

Deferred tax:
Origination and reversal of timing differences	20,072	995
	_______	_______
Tax on profit	146,956	207,474
	_______	_______

6. Tangible assets

	Fixtures, fittings and equipment	Website	Total
	£	£	£
Cost
At 1 January 2025	79,039	14,000	93,039
Additions	107,235	-	107,235
	_______	_______	_______
At 31 December 2025	186,274	14,000	200,274
	_______	_______	_______
Depreciation
At 1 January 2025	73,387	4,229	77,616
Charge for the year	23,447	3,500	26,947
	_______	_______	_______
At 31 December 2025	96,834	7,729	104,563
	_______	_______	_______
Carrying amount
At 31 December 2025	89,440	6,271	95,711
	_______	_______	_______
At 31 December 2024	5,652	9,771	15,423
	_______	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	387,200	283,750
Other debtors	550,000	350,000
	_______	_______
	937,200	633,750
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	126,884	206,479
Social security and other taxes	73,166	87,213
Other creditors	13,440	13,245
	_______	_______
	213,490	306,937
	_______	_______

9. Provisions

	Deferred tax (note 10)	Total
	£	£
At 1 January 2025	3,856	3,856
Movement	20,072	20,072
	_______	_______
At 31 December 2025	23,928	23,928
	_______	_______

10. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 9)	23,928	3,856
	_______	_______

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	23,928	3,856
	_______	_______

11. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares of £ 1.00 each	100	100	100	100
	_______	_______	_______	_______

12. Directors advances, credits and guarantees

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

2025
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Cormac McNabb	350,000	550,000	( 350,000)	550,000
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Cormac McNabb	-	350,000	-	350,000
		_______	_______	_______	_______

13. Controlling party

Mr Cormac McNabb , the sole director and shareholder, is considered to be the company's controlling party.