Registered number: 06472740 | ||||||||
FOR THE YEAR ENDED 31/01/2023 | ||||||||
Prepared By: | ||||||||
GT Accountants Limited | ||||||||
Unit 7, The Court House | ||||||||
72 Moorland Road, Burslem | ||||||||
Stoke on Trent | ||||||||
Staffs | ||||||||
ST6 1DY |
Stockton Estates (Midlands) Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/01/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Staffordshire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 06472740 | ||||||||
BANKERS | ||||||||
Barclays Bank PLC | ||||||||
ACCOUNTANTS | ||||||||
GT Accountants Limited | ||||||||
Unit 7, The Court House | ||||||||
72 Moorland Road, Burslem | ||||||||
Stoke on Trent | ||||||||
Staffs | ||||||||
ST6 1DY |
Stockton Estates (Midlands) Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/01/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 |
Stockton Estates (Midlands) Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
12,768 | 21,734 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (1,354) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 25,000 | 35,000 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | (14,609) | (3,085) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
Director | ||||||||||
Stockton Estates (Midlands) Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/01/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 20% | |||||||
Commercial Vehicles | reducing balance 25% | |||||||
Fixtures and Fittings | straight line 33.33% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1d. Government Grants | ||||||||
Government grants are recognised in profit and loss in the year in which they are received. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
Stockton Estates (Midlands) Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||||
Plant and | Commercial | Fixtures | ||||||
Machinery | Vehicles | and Fittings | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/02/2022 | 83,099 | 29,508 | 1,478 | 114,085 | ||||
Additions | 500 | - | - | 500 | ||||
At 31/01/2023 | 83,599 | 29,508 | 1,478 | 114,585 | ||||
Depreciation | ||||||||
At 01/02/2022 | 51,463 | 20,682 | 1,242 | 73,387 | ||||
For the year | 6,386 | 2,207 | 236 | 8,829 | ||||
At 31/01/2023 | 57,849 | 22,889 | 1,478 | 82,216 | ||||
Net Book Amounts | ||||||||
At 31/01/2023 | 32,369 | |||||||
At 31/01/2022 | 40,698 | |||||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 9,638 | 15,419 | ||||||
UK corporation tax | 3,009 | 3,308 | ||||||
Prepayments | 121 | 115 | ||||||
12,768 | 18,842 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
VAT | 3,184 | 3,702 | ||||||
Directors current account | 1,151 | 96 | ||||||
Bank loans and overdrafts | 7,136 | - | ||||||
Bank Loan | 10,000 | 10,000 | ||||||
Trade creditors | 5,914 | 8,091 | ||||||
Accruals | 1,200 | 1,199 | ||||||
28,585 | 23,088 | |||||||
Stockton Estates (Midlands) Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | 25,000 | 35,000 | ||||||
25,000 | 35,000 | |||||||
7. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 6,151 | 7,419 | ||||||
6,151 | 7,419 | |||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
10 | 10 | |||||||
10 | 10 | |||||||