Company No:
Contents
DIRECTORS | M E Addison |
M Bhushan | |
F Lalji | |
L Mullins | |
REGISTERED OFFICE | 125 Wood Street |
London, EC2V 7AW | |
United Kingdom | |
COMPANY NUMBER | 10052693(England and Wales) |
ACCOUNTANT | Deloitte LLP |
1 New Street Square | |
London | |
EC4A 3HQ | |
United Kingdom |
We are subject to the ethical and other professional requirements of the Institute of Chartered Accountants in England and Wales (ICAEW) which are detailed at _http://www.icaew.com/en/members/regulations-standards-and-guidance/_
It is your duty to ensure that Step Ladder Solutions 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 loss of Step Ladder Solutions Ltd. You consider that Step Ladder Solutions Ltd is exempt from the statutory audit requirement for the financial year.
We have not been instructed to carry out an audit or a review of the financial statements of Step Ladder Solutions 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.
Accountant
London
EC4A 3HQ
United Kingdom
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Current assets |
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Creditors: amounts falling due within one year | (
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Net current assets |
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Total assets less current liabilities |
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Accruals and deferred income |
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NET ASSETS |
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Capital and reserves |
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The Company is a private company limited by shares and is incorporated in the United Kingdom and registered in England and Wales (Company no. 10052693). The address of its registered office is 125 Wood Street, London, EC2V 7AW, United Kingdom.
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Monthly average number of persons employed by the Company during the financial year, including directors |
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The directors have assessed the balance sheet and likely future cash flows at the date of approving these financial statements. Since the year end the Company has minimised costs and reduced the monthly cash burn rate by 40%, the Company currently has strong cash reserves and financial support is available from the directors if required. The directors are also in the process of completing a funding round for £0.5m due to complete in September 2020.
Based on the confirmed funding in place to date, the cash reserves and costs being minimised, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements.
Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.
Directors’ responsibilities:
The financial statements of Step Ladder Solutions Ltd (registered number: 10052693) were approved and authorised for issue by
M E Addison
Director |