REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2022 |
FOR |
R & S STOWE DEVELOPMENTS LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2022 |
FOR |
R & S STOWE DEVELOPMENTS LTD |
R & S STOWE DEVELOPMENTS LTD (REGISTERED NUMBER: 10277817) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31 May 2022 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
R & S STOWE DEVELOPMENTS LTD |
COMPANY INFORMATION |
for the Year Ended 31 May 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Payton House |
Guild Street |
Stratford-upon-Avon |
Warwickshire |
CV37 6RP |
R & S STOWE DEVELOPMENTS LTD (REGISTERED NUMBER: 10277817) |
STATEMENT OF FINANCIAL POSITION |
31 May 2022 |
2022 | 2021 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Prepayments and accrued income |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
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 and authorised for issue on |
R & S STOWE DEVELOPMENTS LTD (REGISTERED NUMBER: 10277817) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31 May 2022 |
1. | STATUTORY INFORMATION |
R & S Stowe Developments Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Land and buildings | - |
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 statement of financial position date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2021 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 1 June 2021 |
Disposals | ( |
) |
At 31 May 2022 |
NET BOOK VALUE |
At 31 May 2022 |
At 31 May 2021 |
R & S STOWE DEVELOPMENTS LTD (REGISTERED NUMBER: 10277817) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 May 2022 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Taxation and social security |
Other creditors |
6. | RELATED PARTY DISCLOSURES |
At the balance sheet date the company owed Mr R and Mrs S Stowe £316,914 (2021 - £316,914). |
7. | ULTIMATE CONTROLLING PARTY |
The controlling party is R J Stowe. |