Registered number
03736925
STACEY HOUSE LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MARCH 2023
STACEY HOUSE LIMITED
Report and accounts
Contents
Page
Company information 1
Directors' report 1
Profit and loss account 2
Balance sheet 3
Statement of changes in equity 4
Notes to the accounts 5
STACEY HOUSE LIMITED
Company Information
Directors
R M Coleman
Accountants
CHARTERHOUSE WHITTENBURY ASSOCIATES
271 Upper Street
London
N1 2UQ
Bankers
Royal Bank of Scotland
24 Grosvenor Place
London
SW1X 7HN
Registered office
Lantern House
39-41 High Street
Potters Bar
Hertfordshire
EN6 5AJ
Registered number
03736925
STACEY HOUSE LIMITED
Registered number: 03736925
Directors' Report
The directors present their report and accounts for the year ended 31 March 2023.
Principal activities
The company's principal activity during the year was that of Property Management.
Directors
The following persons served as directors during the year:
R M Coleman
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 23 November 2023 and signed on its behalf.
R M Coleman
Director
STACEY HOUSE LIMITED
Registered number: 03736925
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 335,000 335,000
Creditors: amounts falling due within one year 4 (23,534) (23,534)
#NAME? (23,534) (23,534)
#NAME? 311,466 311,466
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 310,466 310,466
Shareholders' funds 311,466 311,466
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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.
R M Coleman
Director
Approved by the board on 23 November 2023
STACEY HOUSE LIMITED
Notes to the Accounts
for the year ended 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).
Turnover
Company's rental income is collected by the Company's parent company (Lantern Recovery LLP).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings Not depreciated
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
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.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2022 335,000
At 31 March 2023 335,000
Depreciation
At 31 March 2023 -
Net book value
At 31 March 2023 335,000
At 31 March 2022 335,000
4 Creditors: amounts falling due within one year 2023 2022
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest 23,534 23,534
5 Leases of assets
The Company has aggregate rentals receivable in relation to operating leases of £Nil (2021 - £Nil). At March 2022, the Company held freehold investment properties used in operating leases at a cost of £335,000 (2021 - £335,000), the accumulated depreciation being £Nil (2021 - £Nil).
6 Related party transactions
At the year end Company owed £23,534 (2021 - 23,534) to its parent company. The amount is not secured, is repayable on demand and no guarantees have been given.
7 Controlling party
The Company considers R M Coleman to be its ultimate controlling party.

The parent company is Lantern Recovery LLP.
8 Other information
STACEY HOUSE LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Lantern House
39-41 High Street
Potters Bar
Hertfordshire
EN6 5AJ
STACEY HOUSE LIMITED 03736925 false 2022-04-01 2023-03-31 2023-03-31 VT Final Accounts October 2023 release 2 03736925 2021-04-01 2022-03-31 03736925 core:WithinOneYear 2022-03-31 03736925 core:ShareCapital 2022-03-31 03736925 core:RetainedEarningsAccumulatedLosses 2022-03-31 03736925 2022-04-01 2023-03-31 03736925 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 03736925 bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 03736925 bus:Director1 2022-04-01 2023-03-31 03736925 2 2022-04-01 2023-03-31 03736925 1 2022-04-01 2023-03-31 03736925 countries:England 2022-04-01 2023-03-31 03736925 bus:FRS102 2022-04-01 2023-03-31 03736925 bus:FullAccounts 2022-04-01 2023-03-31 03736925 2023-03-31 03736925 core:WithinOneYear 2023-03-31 03736925 core:ShareCapital 2023-03-31 03736925 core:RetainedEarningsAccumulatedLosses 2023-03-31 03736925 core:LandBuildings 2023-03-31 03736925 2022-03-31 03736925 core:LandBuildings 2022-03-31 iso4217:GBP xbrli:pure