Registered number
12964311
STALWART LUXURY LIMITED
Filleted Accounts
31 March 2023
STALWART LUXURY LIMITED
Registered number: 12964311
Balance Sheet
as at 31 March 2023
Notes 2023 2021
Fixed assets
Investments 4 3,000 3,000
Current assets
Debtors 5 550,000 906,747
Cash at bank and in hand 378,026 210,116
928,026 1,116,863
Creditors: amounts falling due within one year 6 (4,788) (2,438)
Net current assets 923,238 1,114,425
Total assets less current liabilities 926,238 1,117,425
Creditors: amounts falling due after more than one year 7 (348,362) (526,593)
Net assets 577,876 590,832
Capital and reserves
Called up share capital 601,095 601,095
Profit and loss account (23,219) (10,263)
Shareholder's funds 577,876 590,832
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ishita KHOSLA
Director
Approved by the board on 18 October 2023
STALWART LUXURY LIMITED
Notes to the Accounts
for the period from 1 November 2021 to 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
The company has support from the shareholder for any funding requirments. The director has confirmed continued support and consider the company retains sufficient working capital to continue trading for the foreseeable future. The director continues to believe that the going concern basis of accounting is appropriate in preparing the financial statements.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertaking comprise a small group.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Audit information
The audit report is unqualified.
Senior statutory auditor: Devender Arora ACA
Firm: The Corporate Practice Limited
Date of audit report: 18 October 2023
3 Employees 2023 2021
Number Number
Average number of persons employed by the company 0 0
4 Investments
Investments in
subsidiary
undertakings
Cost
At 1 November 2021 3,000
At 31 March 2023 3,000
5 Debtors 2023 2021
Amounts owed by group undertakings and undertakings in which the company has a participating interest 550,000 906,747
6 Creditors: amounts falling due within one year 2023 2021
Other creditors 4,788 2,438
7 Creditors: amounts falling due after one year 2023 2021
Amounts owed to group undertakings and undertakings in which the company has a participating interest 348,362 526,593
8 Related party transactions
The Company has taken advantage of the exemption provided under Financial Reporting Standard 102 not to disclose transactions or balances with other members of the group.
9 Controlling party
The directors consider the immediate and ultimate parent company to be Stalwart Lifestyle PVT. Ltd, a company registered India.

The published consolidated accounts of the ultimate holding Company can be obtained from D-9 & 10, 1ST FLOOR, INFOCITY-II, SECTOR-33, GURGAON, Haryana 122001, INDIA.
10 Other information
STALWART LUXURY LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
13 The Avenue
London
England
W13 8JR
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