Company No: 04752059 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	0		239
		0		239
Current assets
Debtors
- due within one year	4	39,410		29,407
- due after more than one year	4	39,500		50,000
Cash at bank and in hand		2,546		476
		81,456		79,883
Creditors: amounts falling due within one year	5	( 1,092)		( 1,000)
Net current assets		80,364		78,883
Total assets less current liabilities		80,364		79,122
Net assets		80,364		79,122
Capital and reserves
Called-up share capital		4		4
Profit and loss account		80,360		79,118
Total shareholders' funds		80,364		79,122

For the financial year ending 30 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Streamcross (Somerset) Limited (registered number: 04752059) were approved and authorised for issue by the Board of Directors on 25 August 2026. They were signed on its behalf by:

W J Hiles Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Streamcross (Somerset) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Goodwood House, Blackbrook Park Avenue, Taunton, TA1 2PX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment

5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	1		1

3. Tangible assets

	Office equipment		Total
	£		£
Cost
At 31 May 2024	1,824		1,824
At 30 May 2025	1,824		1,824
Accumulated depreciation
At 31 May 2024	1,585		1,585
Charge for the financial year	239		239
At 30 May 2025	1,824		1,824
Net book value
At 30 May 2025	0		0
At 30 May 2024	239		239

4. Debtors

	2025		2024
	£		£
Debtors: amounts falling due within one year
Other debtors	39,410		29,407
Debtors: amounts falling due after more than one year
Other debtors	39,500		50,000

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Other creditors	1,092		1,000

6. Related party transactions

Other related party transactions

The director's loan account is repayable on demand and interest has been charged on overdrawn balances exceeding £10,000 at the official HMRC rates.

At 1 June 2024 the balance owed from the director was £29,407. During the year, the company made advances to the director amounting to £30,315 and received repayments of £20,312 leaving a balance due from the director of £39,410.

At 1 June 2023 the balance owed from the director was £nil. During the year, the company made advances to the director amounting to £31,292 and received repayments of £1,885 leaving a balance due from the director of £29,407.