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Company Registration No. 07528392 (England and Wales)
Stanton Asset Management Limited Unaudited accounts for the period from 1 June 2023 to 30 November 2023
Stanton Asset Management Limited Unaudited accounts Contents
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Stanton Asset Management Limited Company Information for the period from 1 June 2023 to 30 November 2023
Directors
Susan M Cottee Barbara J E M Pettifer Lucy E Harling Nicola C Marchbank
Company Number
07528392 (England and Wales)
Registered Office
35 Gripps Common Cotgrave Nottingham NG12 5TF United Kingdom
Accountants
Net Accountancy Solutions Limited 35 Gripps Common Cotgrave Nottingham Nottinghamshire NG12 3TF
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Stanton Asset Management Limited Statement of financial position as at 30 November 2023
30/11/2023 
31/05/2023 
Notes
£ 
£ 
Fixed assets
Investment property
7 
7 
Current assets
Debtors
8,927 
5,091 
Cash at bank and in hand
1,617 
3,460 
10,544 
8,551 
Creditors: amounts falling due within one year
(10,387)
(4,192)
Net current assets
157 
4,359 
Net assets
164 
4,366 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
64 
4,266 
Shareholders' funds
164 
4,366 
For the period ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 February 2024 and were signed on its behalf by
Susan M Cottee Director Company Registration No. 07528392
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Stanton Asset Management Limited Notes to the Accounts for the period from 1 June 2023 to 30 November 2023
1
Statutory information
Stanton Asset Management Limited is a private company, limited by shares, registered in England and Wales, registration number 07528392. The registered office is 35 Gripps Common, Cotgrave, Nottingham, NG12 5TF, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
100 
989 
1,089 
At 30 November 2023
100 
989 
1,089 
Depreciation
At 1 June 2023
100 
989 
1,089 
At 30 November 2023
100 
989 
1,089 
Net book value
At 30 November 2023
- 
- 
- 
5
Investment property
30/11/2023 
£ 
Fair value at 1 June 2023
7 
At 30 November 2023
7 
The common land managed by Verdure Land Management Ltd, a company under common control, was purchased by Stanton Asset Management Limited for £7 once the 7 developments were completed. The land is subject to a charge preventing it from ever being sold.
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Stanton Asset Management Limited Notes to the Accounts for the period from 1 June 2023 to 30 November 2023
6
Debtors
30/11/2023 
31/05/2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
1,327 
Other debtors
8,927 
3,764 
8,927 
5,091 
7
Creditors: amounts falling due within one year
30/11/2023 
31/05/2023 
£ 
£ 
Taxes and social security
9,247 
3,592 
Accruals
1,140 
600 
10,387 
4,192 
8
Transactions with related parties
Management charges have been received during the period totalling £15,692 (Year ended 31/05/2023: £19,398) from Verdure Land Management Ltd, a company under common control. At the end of the period Stanton Asset Management Limited was owed £8,574 (31/05/23: £3,410) The loan is interest free and repayable on demand.
9
Average number of employees
During the period the average number of employees was 0 (31/05/2023: 0).
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