Statex Limited

Statex Limited

STATEX LIMITED - Company Information

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1 November 2021 false No description of principal activity Taxfiler 2023.5.5 01715624business:PrivateLimitedCompanyLtd2021-11-012022-10-31 017156242021-10-31 017156242021-11-012022-10-31 01715624business:AuditExemptWithAccountantsReport2021-11-012022-10-31 01715624business:FullAccounts2021-11-012022-10-31 017156242022-10-31 01715624business:Director12021-11-012022-10-31 01715624business:Director22021-11-012022-10-31 01715624business:RegisteredOffice2021-11-012022-10-31 017156242021-10-31 01715624core:WithinOneYear2022-10-31 01715624core:WithinOneYear2021-10-31 01715624core:AfterOneYear2022-10-31 01715624core:AfterOneYear2021-10-31 01715624core:ShareCapital2022-10-31 01715624core:ShareCapital2021-10-31 01715624core:RetainedEarningsAccumulatedLosses2022-10-31 01715624core:RetainedEarningsAccumulatedLosses2021-10-31 01715624business:SmallEntities2021-11-012022-10-31 01715624countries:EnglandWales2021-11-012022-10-31 01715624core:PlantMachinery2021-11-012022-10-31 01715624core:PlantMachinery2021-10-31 01715624core:PlantMachinery2022-10-31 017156242020-11-012021-10-31 iso4217:GBP xbrli:pure
Company Registration No. 01715624 (England and Wales)
Statex Limited Unaudited accounts for the year ended 31 October 2022
Statex Limited Unaudited accounts Contents
Page
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Statex Limited Company Information for the year ended 31 October 2022
Directors
Nicholas Haslett Christine Haslett
Company Number
01715624 (England and Wales)
Registered Office
11 Metro Ind Centre St John's Road Isleworth Middlesex TW7 6NJ
Accountants
Black & White Chartered Certified Accountants 2-3 Stable Court Herriard Park Herriard Hampshire RG25 2PL
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Statex Limited Statement of financial position as at 31 October 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
37,302 
30,620 
Current assets
Inventories
8,000 
8,000 
Debtors
5
138,880 
278,222 
Cash at bank and in hand
30,132 
48,576 
177,012 
334,798 
Creditors: amounts falling due within one year
6
(277,075)
(151,874)
Net current (liabilities)/assets
(100,063)
182,924 
Total assets less current liabilities
(62,761)
213,544 
Creditors: amounts falling due after more than one year
7
(39,995)
(215,281)
Net liabilities
(102,756)
(1,737)
Capital and reserves
Called up share capital
94,063 
94,063 
Profit and loss account
(196,819)
(95,800)
Shareholders' funds
(102,756)
(1,737)
For the year ending 31 October 2022 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 15 July 2023 and were signed on its behalf by
Nicholas Haslett Director Company Registration No. 01715624
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Statex Limited Notes to the Accounts for the year ended 31 October 2022
1
Statutory information
Statex Limited is a private company, limited by shares, registered in England and Wales, registration number 01715624. The registered office is 11 Metro Ind Centre, St John's Road, Isleworth, Middlesex, TW7 6NJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
15% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2021
176,044 
Additions
21,000 
Disposals
(13,449)
At 31 October 2022
183,595 
Depreciation
At 1 November 2021
145,424 
Charge for the year
5,711 
On disposals
(4,842)
At 31 October 2022
146,293 
Net book value
At 31 October 2022
37,302 
At 31 October 2021
30,620 
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Statex Limited Notes to the Accounts for the year ended 31 October 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
119,182 
234,924 
Accrued income and prepayments
- 
20,000 
Other debtors
19,698 
23,298 
138,880 
278,222 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
145 
- 
Obligations under finance leases and hire purchase contracts
4,404 
- 
Trade creditors
43,226 
- 
Amounts owed to group undertakings and other participating interests
177,781 
- 
Taxes and social security
46,018 
- 
Other creditors
6,626 
151,874 
Loans from directors
(2,025)
- 
Accruals
900 
- 
277,075 
151,874 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
37,500 
215,281 
Obligations under finance leases and hire purchase contracts
2,495 
- 
39,995 
215,281 
8
Average number of employees
During the year the average number of employees was 9 (2021: 9).
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