Caseware UK (AP4) 2022.0.179 2022.0.179 2023-09-302023-09-30false32022-10-01truenon-trading holding company existing only to receive dividends from its subsidiary – Stead & Wilkins Limited3trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08800340 2022-10-01 2023-09-30 08800340 2021-10-01 2022-09-30 08800340 2023-09-30 08800340 2022-09-30 08800340 c:Director1 2022-10-01 2023-09-30 08800340 d:CurrentFinancialInstruments 2023-09-30 08800340 d:CurrentFinancialInstruments 2022-09-30 08800340 d:Non-currentFinancialInstruments 2023-09-30 08800340 d:Non-currentFinancialInstruments 2022-09-30 08800340 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 08800340 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 08800340 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 08800340 d:Non-currentFinancialInstruments d:AfterOneYear 2022-09-30 08800340 d:ShareCapital 2023-09-30 08800340 d:ShareCapital 2022-09-30 08800340 d:RetainedEarningsAccumulatedLosses 2023-09-30 08800340 d:RetainedEarningsAccumulatedLosses 2022-09-30 08800340 c:FRS102 2022-10-01 2023-09-30 08800340 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 08800340 c:FullAccounts 2022-10-01 2023-09-30 08800340 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 08800340 6 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure

Registered number: 08800340









STEAD (HOLDINGS) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
STEAD (HOLDINGS) LIMITED
REGISTERED NUMBER: 08800340

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
2,956,107
2,956,107

Current assets
  

Debtors: amounts falling due within one year
 5 
40
40

Creditors: amounts falling due within one year
 6 
(30)
(30)

Net current assets
  
 
 
10
 
 
10

Total assets less current liabilities
  
2,956,117
2,956,117

Creditors: amounts falling due after more than one year
 7 
(936,077)
(1,436,077)

  

Net assets
  
2,020,040
1,520,040


Capital and reserves
  

Called up share capital 
  
20,040
20,040

Profit and loss account
  
2,000,000
1,500,000

  
2,020,040
1,520,040


Page 1

 
STEAD (HOLDINGS) LIMITED
REGISTERED NUMBER: 08800340
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




G J C Stead Esq
Director

Date: 18 January 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
STEAD (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

Stead (Holdings) Limited is a private company limited by shares and incorporated in England and Wales. The registered office address of the company is Jolly Farmers Wharf, Thames Road, Crayford, Kent,   DA1 4QH.
The principal activity of the company is that of a holding company. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.5

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 3

 
STEAD (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 October 2022
2,956,107



At 30 September 2023
2,956,107





5.


Debtors

2023
2022
£
£


Other debtors
40
40

40
40



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
30
30

30
30



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Amounts owed to group undertakings
936,077
1,436,077

936,077
1,436,077


Page 4

 
STEAD (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

8.


Controlling party

There is no single ultimate controlling party.

 
Page 5