Accounts Submission
Accounts Submission
STALX LTD
Company Registration Number:
10602673
(England and Wales)
Unaudited statutory accounts for the year ended 28 February 2021
Period of accounts
Start date: 29 February 2020
End date: 28 February 2021
STALX LTD
Contents of the Financial Statements
for the Period Ended 28 February 2021
Company Information - 3 | |
Balance sheet - 4 | |
Additional notes - 6 | |
Balance sheet notes - 9 |
STALX LTD
Company Information
for the Period Ended 28 February 2021
Director: |
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Registered office: |
England |
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Company Registration Number: |
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STALX LTD
Balance sheet
As at
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2021 £ |
2020 £ |
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Fixed assets | |||
Tangible assets: | 4 |
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Total fixed assets: |
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Current assets | |||
Debtors: | 5 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 6 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Provision for liabilities: |
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Accruals and deferred income: |
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Total net assets (liabilities): |
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( |
The notes form part of these financial statements
STALX LTD
Balance sheet continued
As at 28 February 2021
Notes |
2021 £ |
2020 £ |
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
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Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
STALX LTD
Notes to the Financial Statements
for the Period Ended 28 February 2021
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1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 Turnover policy
Sales comprise the fair value of the consideration received or receivable for the sale of goods and rendering of services in the ordinary course of Companys activities. Sales are presented, net of value-added tax, rebates and discounts. Tangible fixed assets depreciation policy
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 18% NBV
Motor vehicles 6%-18% NBVIntangible fixed assets amortisation policy
Freehold land is not depreciated.
Depreciation on other items of property, plant and equipment is calculated using the straight-line method to allocate their depreciable amounts over their estimated useful lives as follows:
Useful lives
Leasehold land 60 to 99 years
Buildings 25 to 50 years
Plant and equipment 5 to 15 yearsValuation information and policy
Depreciation on equipment is calculated using the straight-line method to allocate their depreciable amounts over their estimated useful lives as follows:
Useful lives:
Motor vehicles 3 years
Plant and equipment 5 to 15 yearsOther accounting policies
Stock is valued at the lower of cost and net realisable value.
STALX LTD
Notes to the Financial Statements
for the Period Ended 28 February 2021
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2. Employees
2021
2020Average number of employees during the period 2 2
STALX LTD
Notes to the Financial Statements
for the Period Ended 28 February 2021
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3. Off balance sheet disclosure
No
STALX LTD
Notes to the Financial Statements
for the Period Ended 28 February 2021
4. Tangible assets
Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ |
At 29 February 2020 |
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Additions | - | - | - |
Disposals | - | - | - |
Revaluations | - | - | - |
Transfers | - | - | - |
At 28 February 2021 |
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Depreciation | |||
At 29 February 2020 | - | - | - |
Charge for year |
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On disposals | - | - | - |
Other adjustments | - | - | - |
At 28 February 2021 |
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Net book value | |||
At 28 February 2021 |
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At 28 February 2020 |
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STALX LTD
Notes to the Financial Statements
for the Period Ended 28 February 2021
5. Debtors
2021 £ |
2020 £ |
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Other debtors |
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Total |
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STALX LTD
Notes to the Financial Statements
for the Period Ended 28 February 2021
6.Creditors: amounts falling due within one year note
2021 £ |
2020 £ |
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Bank loans and overdrafts |
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Other creditors |
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Total |
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