Strada Innovation Limited - Abbreviated accounts

STRADA INNOVATION LIMITED - Company Information

Registered number

04893881

Strada Innovation Limited

Abbreviated Accounts

31 August 2015

Strada Innovation Limited

Report to the directors on the preparation of the unaudited abbreviated accounts of Strada Innovation Limited for the year ended 31 August 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Strada Innovation Limited for the year ended 31 August 2015 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of Strada Innovation Limited, as a body, in accordance with the terms of our engagement letter dated 10 September 2003. Our work has been undertaken solely to prepare for your approval the accounts of Strada Innovation Limited and state those matters that we have agreed to state to the Board of Directors of Strada Innovation Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Strada Innovation Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Strada Innovation 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 loss of Strada Innovation Limited. You consider that Strada Innovation 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 Strada Innovation 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 abbreviated accounts.

Steven R Francis & Co Limited
Chartered Certified Accountants
Bury Lodge
Bury Road
Stowmarket
Suffolk
IP14 1JA

13 April 2016

Strada Innovation Limited
Registered number:		04893881
Abbreviated Balance Sheet
as at 31 August 2015

Notes			2015			2014
£				£
Current assets
Debtors		399			2,750
Cash at bank and in hand		1,593			3,405
		1,992			6,155

Creditors: amounts falling due within one year		(25,132)			(24,391)

Net current liabilities			(23,140)			(18,236)

Net liabilities			(23,140)			(18,236)

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			(23,240)			(18,336)

Shareholder's funds			(23,140)			(18,236)

The directors are 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 directors acknowledge their 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 in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mrs M Banks
Director
Approved by the board on 13 April 2016

Strada Innovation Limited
Notes to the Abbreviated Accounts
for the year ended 31 August 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			25% straight line

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Tangible fixed assets					£

	Cost
	At 1 September 2014					2,716
	At 31 August 2015					2,716

	Depreciation
	At 1 September 2014					2,716
	At 31 August 2015					2,716

	Net book value
	At 31 August 2015					-


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100