Company Registration No. 12041439 (England and Wales)
STL Architecture Ltd
Unaudited accounts
for the year ended 30 June 2023
STL Architecture Ltd
Unaudited accounts
Contents
STL Architecture Ltd
Company Information
for the year ended 30 June 2023
Directors
Shaun Tanner
Ceri Tanner
Company Number
12041439 (England and Wales)
Registered Office
LIME HOUSE GRASS HILL
CAVERSHAM
READING
RG4 7TJ
ENGLAND
Accountants
Glenton Smith
Croft House
Brightwell cum Sotwell
Wallingford
OXON
OX10 0RJ
STL Architecture Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
17,286
5,471
Cash at bank and in hand
285,488
175,083
Creditors: amounts falling due within one year
(172,362)
(72,844)
Net current assets
513,991
315,773
Total assets less current liabilities
531,277
321,244
Provisions for liabilities
Net assets
530,288
319,876
Called up share capital
100
100
Profit and loss account
530,188
319,776
Shareholders' funds
530,288
319,876
For the year ending 30 June 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 20 March 2024 and were signed on its behalf by
Ceri Tanner
Director
Company Registration No. 12041439
STL Architecture Ltd
Notes to the Accounts
for the year ended 30 June 2023
STL Architecture Ltd is a private company, limited by shares, registered in England and Wales, registration number 12041439. The registered office is LIME HOUSE GRASS HILL, CAVERSHAM, READING, RG4 7TJ, ENGLAND.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Straight line
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
STL Architecture Ltd
Notes to the Accounts
for the year ended 30 June 2023
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2022
-
9,513
9,513
Additions
14,995
1,529
16,524
At 30 June 2023
14,995
11,042
26,037
At 1 July 2022
-
4,042
4,042
Charge for the year
1,666
3,043
4,709
At 30 June 2023
1,666
7,085
8,751
At 30 June 2023
13,329
3,957
17,286
At 30 June 2022
-
5,471
5,471
Amounts falling due within one year
Trade debtors
75,699
144,628
Accrued income and prepayments
169,550
-
Other debtors
155,616
68,906
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,070
7,497
Taxes and social security
121,512
62,273
Other creditors
27,784
764
STL Architecture Ltd
Notes to the Accounts
for the year ended 30 June 2023
7
Operating lease commitments
2023
2022
At 30 June 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
45,268
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Interest free and repayable on demand
44,435
285,739
199,029
131,145
44,435
285,739
199,029
131,145
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Transactions with related parties
Included within Other Creditors is an amount of £27,000 due to ST Limited, a company under common control.
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Average number of employees
During the year the average number of employees was 7 (2022: 8).
