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REGISTERED NUMBER: 08959727 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th September 2023

for

STANFORD CORPORATE SERVICES LTD

STANFORD CORPORATE SERVICES LTD (REGISTERED NUMBER: 08959727)

Contents of the Financial Statements
for the Year Ended 30th September 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STANFORD CORPORATE SERVICES LTD

Company Information
for the Year Ended 30th September 2023







DIRECTORS: Mr R J Hewitt
Mr A G Hayward-Wright





REGISTERED OFFICE: 15 Victoria Terrace
Beaumaris
Wales
LL588BU





REGISTERED NUMBER: 08959727 (England and Wales)





ACCOUNTANTS: Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST

STANFORD CORPORATE SERVICES LTD (REGISTERED NUMBER: 08959727)

Balance Sheet
30th September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 762,457 795,678

CURRENT ASSETS
Stocks 43,496 -
Debtors 5 6,579 39,471
Cash at bank 578,213 406,961
628,288 446,432
CREDITORS
Amounts falling due within one year 6 1,060,255 756,312
NET CURRENT LIABILITIES (431,967 ) (309,880 )
TOTAL ASSETS LESS CURRENT LIABILITIES 330,490 485,798

PROVISIONS FOR LIABILITIES 7 49,752 58,525
NET ASSETS 280,738 427,273

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 280,737 427,272
SHAREHOLDERS' FUNDS 280,738 427,273

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

STANFORD CORPORATE SERVICES LTD (REGISTERED NUMBER: 08959727)

Balance Sheet - continued
30th September 2023


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 28th February 2024 and were signed on its behalf by:





Mr A G Hayward-Wright - Director


STANFORD CORPORATE SERVICES LTD (REGISTERED NUMBER: 08959727)

Notes to the Financial Statements
for the Year Ended 30th September 2023


1. STATUTORY INFORMATION

Stanford Corporate Services Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - at varying rates on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Livestock - 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

STANFORD CORPORATE SERVICES LTD (REGISTERED NUMBER: 08959727)

Notes to the Financial Statements - continued
for the Year Ended 30th September 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1st October 2022 415,832 469,406 55,954
Additions - 17,700 655
Disposals - - -
At 30th September 2023 415,832 487,106 56,609
DEPRECIATION
At 1st October 2022 - 182,718 35,382
Charge for year - 59,978 3,783
At 30th September 2023 - 242,696 39,165
NET BOOK VALUE
At 30th September 2023 415,832 244,410 17,444
At 30th September 2022 415,832 286,688 20,572

Motor
vehicles Livestock Totals
£    £    £   
COST
At 1st October 2022 20,840 79,338 1,041,370
Additions - 26,034 44,389
Disposals - (13,000 ) (13,000 )
At 30th September 2023 20,840 92,372 1,072,759
DEPRECIATION
At 1st October 2022 17,444 10,148 245,692
Charge for year 849 - 64,610
At 30th September 2023 18,293 10,148 310,302
NET BOOK VALUE
At 30th September 2023 2,547 82,224 762,457
At 30th September 2022 3,396 69,190 795,678

STANFORD CORPORATE SERVICES LTD (REGISTERED NUMBER: 08959727)

Notes to the Financial Statements - continued
for the Year Ended 30th September 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,330 34,220
Other debtors 5,249 5,251
6,579 39,471

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts - 8,486
Trade creditors 1,690 14,886
Tax 14,353 9,683
Social security and other taxes 3,171 2,886
VAT 54,841 8,610
Other creditors 344 219
Directors' loan accounts 639,610 473,087
Deferred income 196,246 163,455
Accrued expenses 150,000 75,000
1,060,255 756,312

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 49,752 58,525

Deferred
tax
£   
Balance at 1st October 2022 58,525
Provided during year (8,773 )
Balance at 30th September 2023 49,752

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary 1 1 1

STANFORD CORPORATE SERVICES LTD (REGISTERED NUMBER: 08959727)

Notes to the Financial Statements - continued
for the Year Ended 30th September 2023


9. RESERVES
Retained
earnings
£   

At 1st October 2022 427,272
Profit for the year 6,465
Dividends (153,000 )
At 30th September 2023 280,737