Stera International Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03593631 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2019

for

Stera International Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Stera

Ms A Klimek

REGISTERED OFFICE:

Drayson House

Chiltern Road

Ballinger

Great Missenden

Buckinghamshire

HP16 9LJ

REGISTERED NUMBER:

03593631 (England and Wales)

ACCOUNTANTS:

Dauman & Co. Limited

9 Station Parade

Uxbridge Road

Ealing

London

W5 3LD

CURRENT ASSETS

Stocks

496,350

448,935

Debtors

3

-

839

Cash at bank

848

104

497,198

449,878

CREDITORS

Amounts falling due within one year

4

505,672

454,596

NET CURRENT LIABILITIES

(8,474

)

(4,718

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,474

)

(4,718

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(8,574

)

(4,818

)

(8,474

)

(4,718

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 7 April 2020 and were signed on its behalf by:

J Stera - Director

1.	STATUTORY INFORMATION

Stera International Limited is a private company, limited by shares , registered in England

and Wales. The company's registered number and registered office address can be found

on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement

of Income and Retained Earnings, except to the extent that it relates to items recognised in

other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that

have been enacted or substantively enacted by the balance sheet date.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.19

31.7.18

£

£

Other debtors

-

839

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.19

31.7.18

£

£

Trade creditors

4,862

4,727

Other creditors

500,810

449,869

505,672

454,596