Company Registration No. 06482536 (England and Wales)
Stormfast Estates Ltd
Unaudited accounts
for the year ended 31 January 2023
Stormfast Estates Ltd
Unaudited accounts
Contents
Stormfast Estates Ltd
Company Information
for the year ended 31 January 2023
Directors
Deborah Rebecca Adler
Maurice Adler
Company Number
06482536 (England and Wales)
Registered Office
137 LEESIDE CRESCENT
LONDON
NW11 0JN
ENGLAND
Stormfast Estates Ltd
Statement of financial position
as at 31 January 2023
Investment property
737,000
737,000
Cash at bank and in hand
432
6,057
Creditors: amounts falling due within one year
(311,444)
(305,985)
Net current liabilities
(311,012)
(299,928)
Total assets less current liabilities
425,988
437,072
Creditors: amounts falling due after more than one year
(412,316)
(412,316)
Called up share capital
2
2
Profit and loss account
13,670
24,754
Shareholders' funds
13,672
24,756
For the year ending 31 January 2023 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 24 October 2023 and were signed on its behalf by
Maurice Adler
Director
Company Registration No. 06482536
Stormfast Estates Ltd
Notes to the Accounts
for the year ended 31 January 2023
Stormfast Estates Ltd is a private company, limited by shares, registered in England and Wales, registration number 06482536. The registered office is 137 LEESIDE CRESCENT, LONDON, NW11 0JN, ENGLAND.
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.
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:
4
Tangible fixed assets
Land & buildings
Fair value at 1 February 2022
737,000
At 31 January 2023
737,000
Stormfast Estates Ltd
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
514
Other creditors
311,194
305,221
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
412,316
412,316
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).