Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01false11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02078061 2023-01-01 2023-12-31 02078061 2022-01-01 2022-12-31 02078061 2023-12-31 02078061 2022-12-31 02078061 c:Director2 2023-01-01 2023-12-31 02078061 d:MotorVehicles 2023-01-01 2023-12-31 02078061 d:MotorVehicles 2023-12-31 02078061 d:MotorVehicles 2022-12-31 02078061 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 02078061 d:ComputerEquipment 2023-01-01 2023-12-31 02078061 d:ComputerEquipment 2023-12-31 02078061 d:ComputerEquipment 2022-12-31 02078061 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 02078061 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 02078061 d:FreeholdInvestmentProperty 2023-01-01 2023-12-31 02078061 d:FreeholdInvestmentProperty 2023-12-31 02078061 d:FreeholdInvestmentProperty 2022-12-31 02078061 d:CurrentFinancialInstruments 2023-12-31 02078061 d:CurrentFinancialInstruments 2022-12-31 02078061 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02078061 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 02078061 d:ShareCapital 2023-12-31 02078061 d:ShareCapital 2022-12-31 02078061 d:RetainedEarningsAccumulatedLosses 2023-12-31 02078061 d:RetainedEarningsAccumulatedLosses 2022-12-31 02078061 c:FRS102 2023-01-01 2023-12-31 02078061 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 02078061 c:FullAccounts 2023-01-01 2023-12-31 02078061 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02078061 d:WithinOneYear 2023-12-31 02078061 d:WithinOneYear 2022-12-31 02078061 d:BetweenOneFiveYears 2023-12-31 02078061 d:BetweenOneFiveYears 2022-12-31 02078061 d:MoreThanFiveYears 2023-12-31 02078061 d:MoreThanFiveYears 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 02078061










STATIONERY PLUS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
STATIONERY PLUS LIMITED
 

CONTENTS



Page
Balance sheet
 
1
Notes to the financial statements
 
2 - 5


 
STATIONERY PLUS LIMITED
REGISTERED NUMBER: 02078061

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
5,533

Investment property
 5 
74,925
300,000

  
74,925
305,533

Current assets
  

Debtors
 6 
1,664
9,195

Cash at bank and in hand
  
276,962
141,169

  
278,626
150,364

Creditors: amounts falling due within one year
 7 
(23,235)
(25,675)

Net current assets
  
 
 
255,391
 
 
124,689

  

Net assets
  
330,316
430,222


Capital and reserves
  

Called up share capital 
  
300
300

Profit and loss account
  
330,016
429,922

  
330,316
430,222


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 April 2024.

Mr I.M. Ridgley
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
STATIONERY PLUS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Stationery Plus Limited (the Company) is a private company limited by shares, incorporated and domiciled in England. The address of the registered office is 45 Poplar Avenue, Edgbaston, Birmingham, West Midlands, B17 8EG, which is also the address of its principal place of business. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Rental income is recognised in the period to which it relates.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Computer equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Investment property

Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of comprehensive income.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 2

 
STATIONERY PLUS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Tangible fixed assets





Motor vehicle
Computer equipment
Total

£
£
£



Cost 


At 1 January 2023
22,135
472
22,607



At 31 December 2023

22,135
472
22,607



Depreciation


At 1 January 2023
16,602
472
17,074


Charge for the year on owned assets
5,533
-
5,533



At 31 December 2023

22,135
472
22,607



Net book value



At 31 December 2023
-
-
-



At 31 December 2022
5,533
-
5,533

Page 3

 
STATIONERY PLUS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Investment property


Freehold investment property

£



Valuation


At 1 January 2023
300,000


Additions at cost
74,925


Disposals
(300,000)



At 31 December 2023
74,925

The 2023 valuations were made by the director, on an open market value for existing use basis.





6.


Debtors

2023
2022
£
£


Trade debtors
-
8,602

Other debtors
941
-

Prepayments and accrued income
723
593

1,664
9,195



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
-
3,807

Other creditors
20,986
18,719

Accruals and deferred income
2,249
3,149

23,235
25,675


Page 4

 
STATIONERY PLUS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Commitments under operating leases

At 31 December 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
-
4,256

Later than 1 year and not later than 5 years
-
17,024

Later than 5 years
-
370,272

-
391,552


9.


Related party transactions

During the year the company received a dividend of £124 (2022: £5,320) from Harborne Retailers Management Company Limited, a company limited by guarantee. Stationery Plus Limited is a member of this company.

 
Page 5