| STRIBORG FINANCE LTD |
| Registered number: |
11615894 |
| Balance Sheet |
| as at 31 March 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
15,562 |
|
|
1,240 |
|
| Current assets |
| Debtors |
4 |
|
567,185 |
|
|
679,474 |
| Investments held as current assets |
5 |
|
85,272 |
|
|
67,918 |
| Cash at bank and in hand |
|
|
3,521 |
|
|
19,682 |
|
|
|
655,978 |
|
|
767,074 |
|
| Creditors: amounts falling due within one year |
6 |
|
(989,311) |
|
|
(979,052) |
|
| Net current liabilities |
|
|
|
(333,333) |
|
|
(211,978) |
|
| Total assets less current liabilities |
|
|
|
(317,771) |
|
|
(210,738) |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(101,562) |
|
|
- |
|
|
|
| Net liabilities |
|
|
|
(419,333) |
|
|
(210,738) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(419,433) |
|
|
(210,838) |
|
| Shareholder's funds |
|
|
|
(419,333) |
|
|
(210,738) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr Sergei Shpilevskii |
| Director |
| Approved by the board on 31 July 2026 |
|
| STRIBORG FINANCE LTD |
| Notes to the Accounts |
| for the year ended 31 March 2026 |
|
|
| 1 |
Accounting policies |
|
|
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 |
|
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 and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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. |
|
|
Investments |
|
Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Going concern |
|
The financial statements have been prepared on a going concern basis even though at the balance sheet date the company had net liabilities amounting to £419,333 (2025: £210,738) and incurred a net loss of £208,595 (2025: £88,771) for the period.
The director has concluded that the combination of these circumstances represent a material uncertainty that casts significant doubt upon the company's ability to continue as a going concern. Nevertheless after making enquiries, and considering the uncertainties described above, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For these reasons, they continue to adopt the going concern basis in preparing the accounts. |
|
|
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
3 |
|
3 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 April 2025 |
9,151 |
|
Additions |
17,434 |
|
At 31 March 2026 |
26,585 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2025 |
7,911 |
|
Charge for the year |
3,112 |
|
At 31 March 2026 |
11,023 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2026 |
15,562 |
|
At 31 March 2025 |
1,240 |
|
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade debtors |
520,150 |
|
511,856 |
|
Other debtors |
47,035 |
|
167,618 |
|
|
|
|
|
|
567,185 |
|
679,474 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Investments held as current assets |
2026 |
|
2025 |
| £ |
£ |
|
Fair value |
|
Listed investments |
85,272 |
|
67,918 |
|
|
|
|
|
|
|
|
|
|
Increase/(decrease) in fair value included in the profit and loss account for the financial year |
|
Listed investments |
- |
|
(23,090) |
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loans and overdrafts |
42,791 |
|
- |
|
Trade creditors |
836,625 |
|
822,298 |
|
Taxation and social security costs |
(755) |
|
(579) |
|
Other creditors |
110,650 |
|
157,333 |
|
|
|
|
|
|
989,311 |
|
979,052 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Other creditors |
101,562 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 8 |
Related party transactions |
|
|
Included in other debtors due within one year are the following balances due from related parties: |
|
|
|
|
|
|
2026 |
|
2025 |
|
|
|
|
|
|
£ |
|
£ |
|
CJL Kairos Ltd |
|
47,035 |
|
75,863 |
|
|
| 9 |
Transactions with directors |
|
|
At the period end the Company owed £110,432 (2025: £152,701) to Sergei Shpilevskii, the Company's director, in relation to a working capital provided to the Company . At the period end, this amount remains unpaid and is included within creditors due within one year. |
|
|
| 10 |
Other information |
|
|
STRIBORG FINANCE LTD is a private company limited by shares and incorporated in England. Its registered office is: |
|
Suite 5, 3rd Floor |
|
Sovereign House |
|
1 Albert Place |
|
London |
|
N3 1QB |