IRIS Accounts Production v23.4.0.336 12736468 director 1.8.22 31.7.23 31.7.23 false true false false true false Fair value model A ordinary 1.00000 B ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh127364682022-07-31127364682023-07-31127364682022-08-012023-07-31127364682021-07-31127364682021-08-012022-07-31127364682022-07-3112736468ns15:EnglandWales2022-08-012023-07-3112736468ns14:PoundSterling2022-08-012023-07-3112736468ns10:Director12022-08-012023-07-3112736468ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3112736468ns10:SmallEntities2022-08-012023-07-3112736468ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3112736468ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3112736468ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3112736468ns10:FullAccounts2022-08-012023-07-3112736468ns10:OrdinaryShareClass22022-08-012023-07-3112736468ns10:OrdinaryShareClass32022-08-012023-07-3112736468ns10:RegisteredOffice2022-08-012023-07-3112736468ns5:CurrentFinancialInstruments2023-07-3112736468ns5:CurrentFinancialInstruments2022-07-3112736468ns5:Non-currentFinancialInstruments2023-07-3112736468ns5:Non-currentFinancialInstruments2022-07-3112736468ns5:ShareCapital2023-07-3112736468ns5:ShareCapital2022-07-3112736468ns5:RetainedEarningsAccumulatedLosses2023-07-3112736468ns5:RetainedEarningsAccumulatedLosses2022-07-3112736468ns5:ComputerEquipment2022-08-012023-07-3112736468ns5:PlantMachinery2022-07-3112736468ns5:PlantMachinery2022-08-012023-07-3112736468ns5:PlantMachinery2023-07-3112736468ns5:PlantMachinery2022-07-3112736468ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3112736468ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3112736468ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-07-3112736468ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-07-3112736468ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-07-3112736468ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-07-3112736468ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-07-3112736468ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-07-3112736468ns5:Secured2023-07-3112736468ns5:Secured2022-07-3112736468ns10:OrdinaryShareClass22023-07-3112736468ns10:OrdinaryShareClass32023-07-31
REGISTERED NUMBER: 12736468 (England and Wales)















STUBURT INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023






STUBURT INVESTMENTS LIMITED (REGISTERED NUMBER: 12736468)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STUBURT INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: W Drury





REGISTERED OFFICE: Gibson House
Hurricane Court
Hurricane Close
Stafford
ST16 1GZ





REGISTERED NUMBER: 12736468 (England and Wales)

STUBURT INVESTMENTS LIMITED (REGISTERED NUMBER: 12736468)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 45
Investment property 5 1,232,478 1,003,315
1,232,478 1,003,360

CURRENT ASSETS
Debtors 6 341,232 300,142
Cash at bank 1,799 14,453
343,031 314,595
CREDITORS
Amounts falling due within one year 7 (1,234,644 ) (1,030,338 )
NET CURRENT LIABILITIES (891,613 ) (715,743 )
TOTAL ASSETS LESS CURRENT LIABILITIES 340,865 287,617

CREDITORS
Amounts falling due after more than one
year

8

(327,445

)

(280,288

)
NET ASSETS 13,420 7,329

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 13,320 7,229
SHAREHOLDERS' FUNDS 13,420 7,329

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

STUBURT INVESTMENTS LIMITED (REGISTERED NUMBER: 12736468)

BALANCE SHEET - continued
31 JULY 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 February 2024 and were signed by:





W Drury - Director


STUBURT INVESTMENTS LIMITED (REGISTERED NUMBER: 12736468)

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


1. STATUTORY INFORMATION

Stuburt 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 Section 1A "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT. The policies adopted for the recognition for turnover are as follows:

Rental Income
Rental income from operating leases (net of any incentives given to the lessees) is recognised on a straight-line basis over the lease term.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - Straight line over 3 years

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investment properties
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

In the opinion of the director the investment property is included at an amount that accords to its fair value at the balance sheet date.

Tax
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

STUBURT INVESTMENTS LIMITED (REGISTERED NUMBER: 12736468)

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


2. ACCOUNTING POLICIES - continued

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 July 2023 135
DEPRECIATION
At 1 August 2022 90
Charge for year 45
At 31 July 2023 135
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 45

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022 1,003,315
Additions 229,163
At 31 July 2023 1,232,478
NET BOOK VALUE
At 31 July 2023 1,232,478
At 31 July 2022 1,003,315

STUBURT INVESTMENTS LIMITED (REGISTERED NUMBER: 12736468)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 300,000 300,000
Prepayments 41,232 142
341,232 300,142

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 11,587
Trade creditors - 180
Tax 1,706 3,106
Directors' current accounts 1,230,329 1,013,004
Accruals and deferred income 2,609 2,461
1,234,644 1,030,338

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years - 11,968
Bank loans - 2-5 years - 38,318
Bank loans more than 5 years
by instalments 327,445 230,002
327,445 280,288

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years
by instalments 327,445 230,002
327,445 230,002

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 327,445 291,875

The debts are secured on the company's assets.

STUBURT INVESTMENTS LIMITED (REGISTERED NUMBER: 12736468)

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


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
75 A ordinary £1 75 75
25 B ordinary £1 25 25
100 100

11. FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £1,950 (2022 - £5,294).