IRIS Accounts Production v24.1.0.578 01615025 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh016150252023-03-31016150252024-03-31016150252023-04-012024-03-31016150252022-03-31016150252022-04-012023-03-31016150252023-03-3101615025ns15:EnglandWales2023-04-012024-03-3101615025ns14:PoundSterling2023-04-012024-03-3101615025ns10:Director12023-04-012024-03-3101615025ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3101615025ns10:SmallEntities2023-04-012024-03-3101615025ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3101615025ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3101615025ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3101615025ns10:FullAccounts2023-04-012024-03-3101615025ns10:Director22023-04-012024-03-3101615025ns10:Director32023-04-012024-03-3101615025ns10:CompanySecretary12023-04-012024-03-3101615025ns10:CompanySecretary22023-04-012024-03-3101615025ns10:RegisteredOffice2023-04-012024-03-3101615025ns5:CurrentFinancialInstruments2024-03-3101615025ns5:CurrentFinancialInstruments2023-03-3101615025ns5:ShareCapital2024-03-3101615025ns5:ShareCapital2023-03-3101615025ns5:RetainedEarningsAccumulatedLosses2024-03-3101615025ns5:RetainedEarningsAccumulatedLosses2023-03-3101615025ns5:LandBuildings2023-03-3101615025ns5:ComputerEquipment2023-03-3101615025ns5:LandBuildings2023-04-012024-03-3101615025ns5:ComputerEquipment2023-04-012024-03-3101615025ns5:LandBuildings2024-03-3101615025ns5:ComputerEquipment2024-03-3101615025ns5:LandBuildings2023-03-3101615025ns5:ComputerEquipment2023-03-31
REGISTERED NUMBER: 01615025 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Stokecare Limited

Stokecare Limited (Registered number: 01615025)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Stokecare Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs M M Smith
Mrs N J M Gold
N J Smith





SECRETARIES: Mrs M M Smith
J C Gold





REGISTERED OFFICE: 238 Station Road
Addlestone
Surrey
KT15 2PS





REGISTERED NUMBER: 01615025 (England and Wales)





ACCOUNTANTS: CSL Partnership Limited
Chartered Certified Accountants
238 Station Road
Addlestone
Surrey
KT15 2PS

Stokecare Limited (Registered number: 01615025)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 1,699,630 1,694,100

CURRENT ASSETS
Cash at bank 5,065 12,102

CREDITORS
Amounts falling due within one year 5 (412,986 ) (436,240 )
NET CURRENT LIABILITIES (407,921 ) (424,138 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,291,709 1,269,962

PROVISIONS FOR LIABILITIES (241,784 ) (240,459 )
NET ASSETS 1,049,925 1,029,503

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,049,825 1,029,403
SHAREHOLDERS' FUNDS 1,049,925 1,029,503

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 17 April 2024 and were signed on its behalf by:





Mrs M M Smith - Director


Stokecare Limited (Registered number: 01615025)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Stokecare 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows:

Computer equipment - 33% on cost

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the income statement.

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.

Investment property
Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Stokecare Limited (Registered number: 01615025)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


4. PROPERTY, PLANT AND EQUIPMENT
Freehold Computer
property equipment Totals
£    £    £   
COST OR VALUATION
At 1 April 2023 1,694,100 1,146 1,695,246
Additions - 314 314
Revaluations 5,300 - 5,300
At 31 March 2024 1,699,400 1,460 1,700,860
DEPRECIATION
At 1 April 2023 - 1,146 1,146
Charge for year - 84 84
At 31 March 2024 - 1,230 1,230
NET BOOK VALUE
At 31 March 2024 1,699,400 230 1,699,630
At 31 March 2023 1,694,100 - 1,694,100

Cost or valuation at 31 March 2024 is represented by:

Freehold Computer
property equipment Totals
£    £    £   
Valuation in 2003 351,000 - 351,000
Valuation in 2010 70,000 - 70,000
Valuation in 2017 740,920 - 740,920
Valuation in 2020 61,103 - 61,103
Valuation in 2021 37,800 - 37,800
Valuation in 2022 117,200 - 117,200
Valuation in 2023 (195,900 ) - (195,900 )
Valuation in 2024 5,300 - 5,300
Cost 511,977 1,460 513,437
1,699,400 1,460 1,700,860

If freehold properties had not been revalued they would have been included at the following historical cost:

31.3.24 31.3.23
£    £   
Cost 511,977 511,977

Freehold properties were valued on an open market basis on 13 October 2017 by Seymours estate agents .

Stokecare Limited (Registered number: 01615025)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Tax 3,787 5,217
Other creditors 2,638 1,250
Directors' current accounts 405,113 429,114
Deferred income 770 -
Accrued expenses 678 659
412,986 436,240

6. NON-REALISED RETAINED PROFITS

At the year end, total retained earnings of £1,049,825 includes non-distributable profits of £945,639.