IRIS Accounts Production v23.3.1.45 10061153 director 1.7.22 30.6.23 30.6.23 false true false false true false 29640 4000 29640 33640 29640 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh100611532022-06-30100611532023-06-30100611532022-07-012023-06-30100611532021-06-30100611532021-07-012022-06-30100611532022-06-3010061153ns10:Originalns15:EnglandWales2022-07-012023-06-3010061153ns14:PoundSterlingns10:Original2022-07-012023-06-3010061153ns10:Originalns10:Director12022-07-012023-06-3010061153ns10:Original2022-07-012023-06-3010061153ns10:Original2023-06-3010061153ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3010061153ns10:Originalns10:SmallEntities2022-07-012023-06-3010061153ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3010061153ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3010061153ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3010061153ns10:Originalns10:FullAccounts2022-07-012023-06-3010061153ns10:Original42ns10:Director22022-06-3010061153ns10:Original42ns10:Director22022-07-012023-06-3010061153ns10:Original42ns10:Director22021-07-012022-06-3010061153ns10:Original42ns10:Director22022-06-3010061153ns10:CompanySecretary1ns10:Original2022-07-012023-06-3010061153ns10:Originalns10:RegisteredOffice2022-07-012023-06-3010061153ns10:Original2022-06-3010061153ns10:Originalns5:CurrentFinancialInstruments2023-06-3010061153ns10:Originalns5:CurrentFinancialInstruments2022-06-3010061153ns10:Originalns5:Non-currentFinancialInstruments2023-06-3010061153ns10:Originalns5:Non-currentFinancialInstruments2022-06-3010061153ns5:ShareCapitalns10:Original2023-06-3010061153ns5:ShareCapitalns10:Original2022-06-3010061153ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3010061153ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3010061153ns10:Originalns5:PlantMachinery2022-07-012023-06-3010061153ns10:Original2021-07-012022-06-3010061153ns10:Originalns5:PlantMachinery2022-06-3010061153ns10:Originalns5:PlantMachinery2023-06-3010061153ns10:Originalns5:PlantMachinery2022-06-3010061153ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3010061153ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3010061153ns10:Originalns10:Director22022-07-012023-06-3010061153ns10:Original1ns10:Director12022-06-3010061153ns10:Original1ns10:Director12021-06-3010061153ns10:Original1ns10:Director12022-07-012023-06-3010061153ns10:Original1ns10:Director12021-07-012022-06-3010061153ns10:Original1ns10:Director12023-06-3010061153ns10:Original1ns10:Director12022-06-30
REGISTERED NUMBER: 10061153 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Stanmore Townsend Limited

Stanmore Townsend Limited (Registered number: 10061153)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Stanmore Townsend Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: G E Fulton





SECRETARY: Ms J L Claridge





REGISTERED OFFICE: 9 St George's Yard
Farnham
Surrey
GU9 7LW





REGISTERED NUMBER: 10061153 (England and Wales)





ACCOUNTANTS: Blackwood Futcher & Co.
Chartered Accountants
9 St George's Yard
Farnham
Surrey
GU9 7LW

Stanmore Townsend Limited (Registered number: 10061153)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,699 2,378

CURRENT ASSETS
Debtors 5 120,489 40,777
Cash at bank 29,712 14,687
150,201 55,464
CREDITORS
Amounts falling due within one year 6 86,455 16,336
NET CURRENT ASSETS 63,746 39,128
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,445

41,506

CREDITORS
Amounts falling due after more than one
year

7

(19,880

)

(21,000

)

PROVISIONS FOR LIABILITIES (323 ) (452 )
NET ASSETS 45,242 20,054

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 45,140 19,952
45,242 20,054

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 14 November 2023 and were signed by:





G E Fulton - Director


Stanmore Townsend Limited (Registered number: 10061153)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Stanmore Townsend 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.

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 etc - 25% on cost

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Stanmore Townsend Limited (Registered number: 10061153)

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

2. ACCOUNTING POLICIES - continued

Impairment of non-financial assets
At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.

If an impairment loss is subsequently reversed, the carrying amount of the asset or group of related assets is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset or group of related assets in prior periods. A reversal of an impairment loss is recognised immediately in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022
and 30 June 2023 5,794
DEPRECIATION
At 1 July 2022 3,416
Charge for year 679
At 30 June 2023 4,095
NET BOOK VALUE
At 30 June 2023 1,699
At 30 June 2022 2,378

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors - 9,792
Other debtors 120,489 30,985
120,489 40,777

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 3,360 7,200
Taxation and social security 14,295 6,295
Other creditors 68,800 2,841
86,455 16,336

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans 19,880 21,000

Stanmore Townsend Limited (Registered number: 10061153)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2023 and 30 June 2022:

30.6.23 30.6.22
£    £   
G E Fulton and Ms J L Claridge
Balance outstanding at start of year 29,640 -
Amounts advanced 4,000 29,640
Amounts repaid (33,640 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 29,640

During the year the company provided the directors with a loan. The maximum balance outstanding during the year was £33,640. No interest was charged on the loan.

9. RELATED PARTY DISCLOSURES

Included in other debtors at the balance sheet date is an amount of £118,701 (2022 - £Nil) due from Fulton & Brown Limited, a company in which the director of the company has a material interest.