IRIS Accounts Production v23.1.5.20 00557536 Board of Directors 1.5.22 30.4.23 30.4.23 2.11.23 false true false false true false Auditors Opinion Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh005575362022-04-30005575362023-04-30005575362022-05-012023-04-30005575362021-04-30005575362021-05-012022-04-30005575362022-04-3000557536ns15:EnglandWales2022-05-012023-04-3000557536ns14:PoundSterling2022-05-012023-04-3000557536ns10:Director12022-05-012023-04-3000557536ns10:PrivateLimitedCompanyLtd2022-05-012023-04-3000557536ns10:SmallEntities2022-05-012023-04-3000557536ns10:Audited2022-05-012023-04-3000557536ns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3000557536ns10:SmallCompaniesRegimeForAccounts2022-05-012023-04-3000557536ns10:FullAccounts2022-05-012023-04-3000557536ns10:Director22022-05-012023-04-3000557536ns10:Director32022-05-012023-04-3000557536ns10:RegisteredOffice2022-05-012023-04-3000557536ns5:CurrentFinancialInstruments2023-04-3000557536ns5:CurrentFinancialInstruments2022-04-3000557536ns5:ShareCapital2023-04-3000557536ns5:ShareCapital2022-04-3000557536ns5:RetainedEarningsAccumulatedLosses2023-04-3000557536ns5:RetainedEarningsAccumulatedLosses2022-04-3000557536ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3000557536ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-04-3000557536ns5:DeferredTaxation2022-04-3000557536ns5:DeferredTaxation2023-04-3000557536ns5:RetainedEarningsAccumulatedLosses2022-04-3000557536ns5:RetainedEarningsAccumulatedLosses2022-05-012023-04-30
REGISTERED NUMBER: 00557536 (England and Wales)











S STEVENTON & CO LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023






S STEVENTON & CO LIMITED (REGISTERED NUMBER: 00557536)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 April 2023




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


S STEVENTON & CO LIMITED

COMPANY INFORMATION
for the year ended 30 April 2023







DIRECTORS: S Taylor
J D Gregory
Ms H R Gough


REGISTERED OFFICE: Kingfisher House
21-23 Elmfield Road
Bromley
Kent
BR1 1LT


REGISTERED NUMBER: 00557536 (England and Wales)


SENIOR STATUTORY AUDITOR: Ricky Hutson BSc FCCA ACA


AUDITORS: Berringers LLP
Lygon House
50 London Road
Bromley
Kent
BR1 3RA


BANKERS: National Westminster Bank Plc
PO Box 39952
4th Floor,
2 1/2 Devonshire Square
London
EC2M 4XJ

S STEVENTON & CO LIMITED (REGISTERED NUMBER: 00557536)

BALANCE SHEET
30 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 780,000 780,000

CURRENT ASSETS
Debtors 5 541,154 467,025
Cash at bank 202,986 264,587
744,140 731,612
CREDITORS
Amounts falling due within one year 6 8,966 7,864
NET CURRENT ASSETS 735,174 723,748
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,515,174

1,503,748

PROVISIONS FOR LIABILITIES 7 44,575 44,575
NET ASSETS 1,470,599 1,459,173

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings 8 1,465,599 1,454,173
SHAREHOLDERS' FUNDS 1,470,599 1,459,173

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 2 November 2023 and were signed on its behalf by:





J D Gregory - Director


S STEVENTON & CO LIMITED (REGISTERED NUMBER: 00557536)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 April 2023

1. STATUTORY INFORMATION

S Steventon & Co Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit and loss.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

S STEVENTON & CO LIMITED (REGISTERED NUMBER: 00557536)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2022
and 30 April 2023 780,000
NET BOOK VALUE
At 30 April 2023 780,000
At 30 April 2022 780,000

Fair value at 30 April 2023 is represented by:
£   
Valuation in 2020 417,984
Cost 362,016
780,000

The directors have reviewed the property valuations at the balance sheet date and are of the opinion that the fair values of the investment properties are not that materially different to the carrying amounts.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 541,134 467,005
Prepayments 20 20
541,154 467,025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation 2,603 1,305
VAT 89 22
Accrued expenses 6,274 6,537
8,966 7,864

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred taxation 44,575 44,575

Deferred
tax
£   
Balance at 1 May 2022 44,575
Balance at 30 April 2023 44,575

S STEVENTON & CO LIMITED (REGISTERED NUMBER: 00557536)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2023

8. RESERVES
Retained
earnings
£   

At 1 May 2022 1,454,173
Profit for the year 11,426
At 30 April 2023 1,465,599

Retained earnings


Distributable

Non-
Distributable


Total
£££
Balance at 1 May 20221,080,764373,4091,454,173
Profit/(loss) for the year11,426-11,426
Balance at 30 April 20231,092,190373,4091,465,599

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the auditors was unqualified.

Ricky Hutson BSc FCCA ACA (Senior Statutory Auditor)
for and on behalf of Berringers LLP

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Park Rutland Investments (London) Limited.