Company Registration No. 07636385 (England and Wales)
STATECH SOLUTIONS LIMITED
Unaudited accounts
for the year ended 31 August 2023
STATECH SOLUTIONS LIMITED
Unaudited accounts
Contents
STATECH SOLUTIONS LIMITED
Company Information
for the year ended 31 August 2023
Directors
Andrew Lomas
Nicola Lomas
Company Number
07636385 (England and Wales)
Registered Office
UNIT 4 RAILWAY LANE IND EST
RAILWAY LANE SUTTON BRIDGE
SPALDING
LINCOLNSHIRE
PE12 9UN
Accountants
ALMS Limited
12 Orchard Drive
West Walton
Cambs
PE14 7EZ
STATECH SOLUTIONS LIMITED
Accountants' report
Accountants' report to the board of directors of STATECH SOLUTIONS LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
STATECH SOLUTIONS LIMITED for the year ended
31 August 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of STATECH SOLUTIONS LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of STATECH SOLUTIONS LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than STATECH SOLUTIONS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that STATECH SOLUTIONS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of STATECH SOLUTIONS LIMITED. You consider that STATECH SOLUTIONS LIMITED 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 accounts of STATECH SOLUTIONS LIMITED. 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 accounts.
ALMS Limited
12 Orchard Drive
West Walton
Cambs
PE14 7EZ
2 February 2024
STATECH SOLUTIONS LIMITED
Statement of financial position
as at 31 August 2023
Tangible assets
63,273
49,112
Cash at bank and in hand
546,964
529,759
Creditors: amounts falling due within one year
(139,812)
(176,046)
Net current assets
559,041
521,952
Net assets
622,314
571,064
Called up share capital
100
100
Profit and loss account
622,214
570,964
Shareholders' funds
622,314
571,064
For the year ending 31 August 2023 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 directors acknowledge 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 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 of Directors and authorised for issue on 2 February 2024 and were signed on its behalf by
Andrew Lomas
Director
Company Registration No. 07636385
STATECH SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 August 2023
STATECH SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07636385. The registered office is UNIT 4 RAILWAY LANE IND EST, RAILWAY LANE SUTTON BRIDGE, SPALDING, LINCOLNSHIRE, PE12 9UN.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2022
10,000
56,934
91,753
158,687
Additions
-
-
59,489
59,489
Disposals
(10,000)
-
(44,990)
(54,990)
At 31 August 2023
-
56,934
106,252
163,186
At 1 September 2022
-
49,638
59,937
109,575
Charge for the year
-
1,825
19,267
21,092
On disposals
-
-
(30,754)
(30,754)
At 31 August 2023
-
51,463
48,450
99,913
At 31 August 2023
-
5,471
57,802
63,273
At 31 August 2022
10,000
7,296
31,816
49,112
STATECH SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
Trade debtors
142,589
159,114
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
50,248
68,680
Taxes and social security
10,694
24,288
Other creditors
3,300
1,439
Loans from directors
58,294
48,987
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).