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REGISTERED NUMBER: 08652188 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

STATION APPROACH (SANDERSTEAD) LIMITED

STATION APPROACH (SANDERSTEAD) LIMITED (REGISTERED NUMBER: 08652188)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STATION APPROACH (SANDERSTEAD) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: W P McManus





REGISTERED OFFICE: Novellus Capital Ltd
T Bromley - Ground Floor
15 London Road
Bromley
Kent
BR1 1DE





REGISTERED NUMBER: 08652188 (England and Wales)





ACCOUNTANTS: Owadally & King
Chartered Certified Accountants
73 Park Lane
Croydon
Surrey
CR0 1JG

STATION APPROACH (SANDERSTEAD) LIMITED (REGISTERED NUMBER: 08652188)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 2,147,338 2,147,338
Debtors 4 2,413 2,059
2,149,751 2,149,397
CREDITORS
Amounts falling due within one year 5 2,830,620 2,785,755
NET CURRENT LIABILITIES (680,869 ) (636,358 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(680,869

)

(636,358

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 6 (680,871 ) (636,360 )
SHAREHOLDERS' FUNDS (680,869 ) (636,358 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 November 2023 and were signed by:





W P McManus - Director


STATION APPROACH (SANDERSTEAD) LIMITED (REGISTERED NUMBER: 08652188)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Station Approach (Sanderstead) 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Going concern
The accounts have been prepared on the going concern basis, on the understanding that the parent company will continue to support the company for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,196 1,869
Other debtors 217 190
2,413 2,059

STATION APPROACH (SANDERSTEAD) LIMITED (REGISTERED NUMBER: 08652188)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 300 -
Amounts owed to group undertakings 2,802,675 2,758,938
Taxation and social security 4,257 3,956
Other creditors 23,388 22,861
2,830,620 2,785,755

6. RESERVES
Retained
earnings
£   

At 1 April 2022 (636,360 )
Deficit for the year (44,511 )
At 31 March 2023 (680,871 )

7. RELATED PARTY DISCLOSURES

Station Approach (Sanderstead) Limited owes its parent company, Novellus Capital Limited £2,802,675 at the year end.

8. ULTIMATE CONTROLLING PARTY

The controlling party is Novellus Capital Ltd.

The ultimate controlling party is W P McManus.