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REGISTERED NUMBER: 04326525 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

STEADLODGE LIMITED

STEADLODGE LIMITED (REGISTERED NUMBER: 04326525)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STEADLODGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: H De Ferranti





SECRETARY: Tayler Bradshaw Limited





REGISTERED OFFICE: Cambridge House
16 High Street
Saffron Walden
Essex
CB10 1AX





REGISTERED NUMBER: 04326525 (England and Wales)





ACCOUNTANTS: Tayler Bradshaw
Cambridge House
16 High Street
Saffron Walden
Essex
CB10 1AX

STEADLODGE LIMITED (REGISTERED NUMBER: 04326525)

BALANCE SHEET
30 NOVEMBER 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 981 1,307
Investments 5 100 100
Investment property 6 400,000 400,000
401,081 401,407

CURRENT ASSETS
Stocks 514,021 1,194,284
Debtors 7 634,675 400,798
Cash at bank 1,596 5,703
1,150,292 1,600,785
CREDITORS
Amounts falling due within one year 8 1,003,741 1,217,453
NET CURRENT ASSETS 146,551 383,332
TOTAL ASSETS LESS CURRENT LIABILITIES 547,632 784,739

PROVISIONS FOR LIABILITIES 186 248
NET ASSETS 547,446 784,491

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 10 87,384 87,384
Retained earnings 460,061 697,106
SHAREHOLDERS' FUNDS 547,446 784,491

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

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

STEADLODGE LIMITED (REGISTERED NUMBER: 04326525)

BALANCE SHEET - continued
30 NOVEMBER 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 director and authorised for issue on 15 April 2024 and were signed by:





H De Ferranti - Director


STEADLODGE LIMITED (REGISTERED NUMBER: 04326525)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Steadlodge 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 reducing balance

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

Investment property
The company's property is held for long term investment and is included in the balance sheet at the most recent valuation. The surplus or deficit on revaluation of such properties arising from changes in fair value is
recognised in profit or loss. Depreciation is not provided in respect of freehold investment property.

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.


STEADLODGE LIMITED (REGISTERED NUMBER: 04326525)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

2. ACCOUNTING POLICIES - continued
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.

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 December 2022
and 30 November 2023 6,139
DEPRECIATION
At 1 December 2022 4,832
Charge for year 326
At 30 November 2023 5,158
NET BOOK VALUE
At 30 November 2023 981
At 30 November 2022 1,307

5. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 December 2022
and 30 November 2023 100
NET BOOK VALUE
At 30 November 2023 100
At 30 November 2022 100

STEADLODGE LIMITED (REGISTERED NUMBER: 04326525)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 400,000
NET BOOK VALUE
At 30 November 2023 400,000
At 30 November 2022 400,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade debtors 215,132 300,747
Other debtors 419,543 100,051
634,675 400,798

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Bank loans and overdrafts 567,141 456,171
Trade creditors 36,748 117,686
Taxation and social security 36,207 32,490
Other creditors 363,645 611,106
1,003,741 1,217,453

9. SECURED DEBTS

The following secured debts are included within creditors:

30/11/23 30/11/22
£    £   
Bank overdrafts 567,141 456,171

The overdraft facility is secured by two properties; one of which is owned by the company, and the other is
owned personally by the director.

10. RESERVES
Revaluation
reserve
£   
At 1 December 2022
and 30 November 2023 87,384