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REGISTERED NUMBER: 12118739 (England and Wales)










Financial Statements

for the Year Ended 31 March 2023

for

Stag Wood Investments Limited

Stag Wood Investments Limited (Registered number: 12118739)






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


Stag Wood Investments Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs N C Newstead
P Newstead





REGISTERED OFFICE: Falcon House
Weaver Street
Leeds
LS4 2AU





REGISTERED NUMBER: 12118739 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Suite 4, 10/12 The Grove,
Ilkley
West Yorkshire
LS29 9EG

Stag Wood Investments Limited (Registered number: 12118739)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 1,300,000 1,300,000

CURRENT ASSETS
Cash at bank 217 31,025

CREDITORS
Amounts falling due within one year 5 (312,715 ) (220,603 )
NET CURRENT LIABILITIES (312,498 ) (189,578 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

987,502

1,110,422

CREDITORS
Amounts falling due after more than one
year

6

(254,334

)

(618,520

)
NET ASSETS 733,168 491,902

RESERVES
Retained earnings 733,168 491,902
733,168 491,902

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 directors acknowledge their 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 Board of Directors and authorised for issue on 22 December 2023 and were signed on its behalf by:




P Newstead - Director


Stag Wood Investments Limited (Registered number: 12118739)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Stag Wood Investments 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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS

2023 2022
£    £   
Other investments not loans 1,300,000 1,300,000

Additional information is as follows:
Other
investments
£   
COST
At 1 April 2022
and 31 March 2023 1,300,000
NET BOOK VALUE
At 31 March 2023 1,300,000
At 31 March 2022 1,300,000


Stag Wood Investments Limited (Registered number: 12118739)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. FIXED ASSET INVESTMENTS - continued
Investments (neither listed nor unlisted) were as follows:
2023 2022
£    £   
Investment - 1,300,000
Reclassified - (1,300,000 )
- -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans 288,600 213,015
Directors' current accounts 23,435 6,250
Accrued expenses 680 1,338
312,715 220,603

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other loans 254,334 618,520

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Dividends totalling to £70,000 were paid to the directors' during the year 2023 (2022 - NIL). The company owed the directors' £23,435 as at 31st March 2023 (2022 - £6,250).

8. RELATED PARTY DISCLOSURES

The Company has Investments totalling £1,300,000 in a related party S.M.A.R.T Repair Holdings Limited, a company in which Mr P Newstead is a director.