Company Registration No. 12676729 (England and Wales)
STAVNICO LTD
Unaudited accounts
for the year ended 31 December 2022
STAVNICO LTD
Unaudited accounts
Contents
STAVNICO LTD
Company Information
for the year ended 31 December 2022
Company Number
12676729 (England and Wales)
Registered Office
17 Canning Crescent
London
N22 5SR
United Kingdom
STAVNICO LTD
Statement of financial position
as at 31 December 2022
Investment property
489,828
279,418
Cash at bank and in hand
20,570
10,370
Creditors: amounts falling due within one year
(2,000)
(1,800)
Net current assets
62,637
8,570
Total assets less current liabilities
552,465
287,988
Creditors: amounts falling due after more than one year
(576,051)
(288,644)
Net liabilities
(23,586)
(656)
Called up share capital
1,200
1,200
Profit and loss account
(24,786)
(1,856)
Shareholders' funds
(23,586)
(656)
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 30 September 2023 and were signed on its behalf by
Vasos Nicolaou
Director
Company Registration No. 12676729
STAVNICO LTD
Notes to the Accounts
for the year ended 31 December 2022
STAVNICO LTD is a private company, limited by shares, registered in England and Wales, registration number 12676729. The registered office is 17 Canning Crescent, London , N22 5SR, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
No provision was found to be necessary for the year ended 31 December 2022.
Turnover represents rent received.
Fair value at 1 January 2022
279,418
At 31 December 2022
489,828
Investment property comprise of long term property held for long term rental yields and for capital appreciation and is not occupied by the company.
Amounts falling due within one year
Accrued income and prepayments
44,067
-
STAVNICO LTD
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
7
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
155,985
161,123
Other creditors
420,066
127,521
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).