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 2022

Period of accounts

Start date: 01 March 2021

End date: 26 February 2022

STRINGYBARK LTD

Contents of the Financial Statements

for the Period Ended 26 February 2022

Balance sheet
Notes

STRINGYBARK LTD

Balance sheet

As at 26 February 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 31,347 28,146
Total fixed assets: 31,347 28,146
Current assets
Stocks:   2,280
Debtors: 4 171,813 222,721
Cash at bank and in hand: 535,198 469,876
Total current assets: 707,011 694,877
Creditors: amounts falling due within one year: 5 (550,061) (473,939)
Net current assets (liabilities): 156,950 220,938
Total assets less current liabilities: 188,297 249,084
Creditors: amounts falling due after more than one year: 6 (35,000) (61,789)
Provision for liabilities: (5,956) (5,348)
Total net assets (liabilities): 147,341 181,947
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 147,339 181,945
Shareholders funds: 147,341 181,947

The notes form part of these financial statements

STRINGYBARK LTD

Balance sheet statements

For the year ending 26 February 2022 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 27 July 2023
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 2022

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 2022

2. Employees

2022 2021
Average number of employees during the period 44 44

STRINGYBARK LTD

Notes to the Financial Statements

for the Period Ended 26 February 2022

3. Tangible Assets

Total
Cost £
At 01 March 2021 72,598
Additions 18,193
Disposals (5,432)
At 26 February 2022 85,359
Depreciation
At 01 March 2021 44,452
Charge for year 14,992
On disposals (5,432)
At 26 February 2022 54,012
Net book value
At 26 February 2022 31,347
At 28 February 2021 28,146

STRINGYBARK LTD

Notes to the Financial Statements

for the Period Ended 26 February 2022

4. Debtors

2022 2021
££
Debtors due after more than one year: 0 0

STRINGYBARK LTD

Notes to the Financial Statements

for the Period Ended 26 February 2022

5. Creditors: amounts falling due within one year note

Creditors: amounts falling due within one year 2022 2021£ £Bank loans and overdrafts 10,000 5,833Obligations under finance lease and hire purchase contracts 17,622 4,562Trade creditors 337,998 112,776Taxation and social security costs 170,168 325,016Other creditors 14,273 25,752550,061 473,939

STRINGYBARK LTD

Notes to the Financial Statements

for the Period Ended 26 February 2022

6. Creditors: amounts falling due after more than one year note

Creditors: amounts falling due after one year 2022 2021£ £Bank loans 35,000 44,167Obligations under finance lease and hire purchase contracts - 17,62235,000 61,789

STRINGYBARK LTD

Notes to the Financial Statements

for the Period Ended 26 February 2022

7. Related party transactions

Name of the related party:
Relationship:
family
Description of the Transaction: The transaction was a loan to finance getting a company started
£
Balance at 01 March 2021 0
Balance at 26 February 2022 28,620