STRINGYBARK LTD

STRINGYBARK LTD

STRINGYBARK LTD - Company Information

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STRINGYBARK LTD

Company Registration Number:
07938279 (England and Wales)

Unaudited abridged accounts for the year ended 26 February 2020

Period of accounts

Start date: 01 March 2019

End date: 26 February 2020

STRINGYBARK LTD

Contents of the Financial Statements

for the Period Ended 26 February 2020

Balance sheet
Notes

STRINGYBARK LTD

Balance sheet

As at 26 February 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 34,013 30,020
Total fixed assets: 34,013 30,020
Current assets
Stocks: 2,250 17,200
Debtors: 4 77,975 77,800
Cash at bank and in hand: 1,076,586 126,896
Total current assets: 1,156,811 221,896
Creditors: amounts falling due within one year: 5 (1,047,972) (140,463)
Net current assets (liabilities): 108,839 81,433
Total assets less current liabilities: 142,852 111,453
Creditors: amounts falling due after more than one year:   (22,184) (26,745)
Provision for liabilities: (6,462) (5,704)
Total net assets (liabilities): 114,206 79,004
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 114,204 79,002
Shareholders funds: 114,206 79,004

The notes form part of these financial statements

STRINGYBARK LTD

Balance sheet statements

For the year ending 26 February 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 February 2021
and signed on behalf of the board by:

Name: D Ackland-Snow
Status: Director

The notes form part of these financial statements

STRINGYBARK LTD

Notes to the Financial Statements

for the Period Ended 26 February 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

STRINGYBARK LTD

Notes to the Financial Statements

for the Period Ended 26 February 2020

2. Employees

2020 2019
Average number of employees during the period 36 11

STRINGYBARK LTD

Notes to the Financial Statements

for the Period Ended 26 February 2020

3. Tangible Assets

Total
Cost £
At 01 March 2019 49,387
Additions 16,718
At 26 February 2020 66,105
Depreciation
At 01 March 2019 19,367
Charge for year 12,725
At 26 February 2020 32,092
Net book value
At 26 February 2020 34,013
At 28 February 2019 30,020

STRINGYBARK LTD

Notes to the Financial Statements

for the Period Ended 26 February 2020

4. Debtors

2020 2019
££
Debtors due after more than one year: 0 0

STRINGYBARK LTD

Notes to the Financial Statements

for the Period Ended 26 February 2020

5. Creditors: amounts falling due within one year note

Short term creditors are measured at transaction price (which is usually the invoice price). Loansand other financial liabilities are initially recognised at transaction price net of any transaction costsand subsequently measured at amortised cost determined using the effective interest method.