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REGISTERED NUMBER: 01110312 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2023

FOR

STEVEND LIMITED

STEVEND LIMITED (REGISTERED NUMBER: 01110312)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STEVEND LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST AUGUST 2023







DIRECTORS: Mr R R Rockell
Mrs R C Uden





REGISTERED OFFICE: Mercury House
19-21 Chapel St
Marlow
Buckinghamshire
SL7 3HN





REGISTERED NUMBER: 01110312 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

STEVEND LIMITED (REGISTERED NUMBER: 01110312)

BALANCE SHEET
31ST AUGUST 2023

31.8.23 31.8.22
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 209,411 130,673
Investments 5 75 75
Investment property 6 500,000 -
709,486 130,748

CURRENT ASSETS
Stocks - 331,561
Debtors 7 888 888
Cash at bank 1,602,476 1,346,528
1,603,364 1,678,977
CREDITORS
Amounts falling due within one year 8 285,221 205,741
NET CURRENT ASSETS 1,318,143 1,473,236
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,027,629

1,603,984

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,027,529 1,603,884
2,027,629 1,603,984

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 12th February 2024 and were signed on its behalf by:





Mr R R Rockell - Director


STEVEND LIMITED (REGISTERED NUMBER: 01110312)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2023

1. STATUTORY INFORMATION

Stevend 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - in accordance with the lease

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
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.

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

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold Long
property leasehold Totals
£ £ £
COST
At 1st September 2022 20,000 204,256 224,256
Additions 81,729 - 81,729
At 31st August 2023 101,729 204,256 305,985
DEPRECIATION
At 1st September 2022 - 93,583 93,583
Charge for year - 2,991 2,991
At 31st August 2023 - 96,574 96,574
NET BOOK VALUE
At 31st August 2023 101,729 107,682 209,411
At 31st August 2022 20,000 110,673 130,673

STEVEND LIMITED (REGISTERED NUMBER: 01110312)

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1st September 2022
and 31st August 2023 75
NET BOOK VALUE
At 31st August 2023 75
At 31st August 2022 75

6. INVESTMENT PROPERTY
Total
£
FAIR VALUE
Revaluations 168,439
Reclassification/transfer 331,561
At 31st August 2023 500,000
NET BOOK VALUE
At 31st August 2023 500,000

Fair value at 31st August 2023 is represented by:
£
Valuation in 2023 168,439
Cost 331,561
500,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£ £
Other debtors 888 888

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£ £
Taxation and social security 44,856 6,716
Other creditors 240,365 199,025
285,221 205,741