IRIS Accounts Production v24.1.9.2 01864574 Board of Directors 1.11.22 31.10.23 31.10.23 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh018645742022-10-31018645742023-10-31018645742022-11-012023-10-31018645742021-10-31018645742021-11-012022-10-31018645742022-10-3101864574ns15:EnglandWales2022-11-012023-10-3101864574ns14:PoundSterling2022-11-012023-10-3101864574ns10:Director12022-11-012023-10-3101864574ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3101864574ns10:SmallEntities2022-11-012023-10-3101864574ns10:AuditExemptWithAccountantsReport2022-11-012023-10-3101864574ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3101864574ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3101864574ns10:FullAccounts2022-11-012023-10-3101864574ns10:Director22022-11-012023-10-3101864574ns10:Director32022-11-012023-10-3101864574ns10:CompanySecretary12022-11-012023-10-3101864574ns10:RegisteredOffice2022-11-012023-10-3101864574ns5:CurrentFinancialInstruments2023-10-3101864574ns5:CurrentFinancialInstruments2022-10-3101864574ns5:ShareCapital2023-10-3101864574ns5:ShareCapital2022-10-3101864574ns5:RetainedEarningsAccumulatedLosses2023-10-3101864574ns5:RetainedEarningsAccumulatedLosses2022-10-3101864574ns5:PlantMachinery2022-10-3101864574ns5:PlantMachinery2022-11-012023-10-3101864574ns5:PlantMachinery2023-10-3101864574ns5:PlantMachinery2022-10-3101864574ns5:CostValuation2022-10-3101864574ns5:AdditionsToInvestments2023-10-3101864574ns5:DisposalsRepaymentsInvestments2023-10-3101864574ns5:CostValuation2023-10-31
REGISTERED NUMBER: 01864574 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

STAGPLAN LIMITED

STAGPLAN LIMITED (REGISTERED NUMBER: 01864574)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

STAGPLAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: Mrs L B Craig
K A Craig
T A Craig





SECRETARY: Mrs L B Craig





REGISTERED OFFICE: Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH





REGISTERED NUMBER: 01864574 (England and Wales)





ACCOUNTANTS: KBSP Partners LLP
Chartered Accountants
Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH

STAGPLAN LIMITED (REGISTERED NUMBER: 01864574)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 106,018 38,402
Investments 5 10,000 20,000
116,018 58,402

CURRENT ASSETS
Stocks 115,386 141,513
Debtors 6 - 5,000
Cash at bank 33,330 509,699
148,716 656,212
CREDITORS
Amounts falling due within one year 7 75,553 502,577
NET CURRENT ASSETS 73,163 153,635
TOTAL ASSETS LESS CURRENT
LIABILITIES

189,181

212,037

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 189,081 211,937
189,181 212,037

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 29 July 2024 and were signed on its behalf by:





K A Craig - Director


STAGPLAN LIMITED (REGISTERED NUMBER: 01864574)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

Stagplan 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.

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.

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

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors and investments in equity instruments.

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price unless the arrangement constitutes a financing transaction where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Other financial assets such as investments in equity instruments other than subsidiaries, associates or joint ventures are initially measured at fair value, which is usually the transaction price. Such assets are subsequently carried at fair value with any changes in fair value recognised in profit or loss except where the instruments are not publicly traded and their value cannot be reliably measured in which case they are measured at cost less impairment.

Basic financial liabilities including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.


STAGPLAN LIMITED (REGISTERED NUMBER: 01864574)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 41,339
Additions 92,372
At 31 October 2023 133,711
DEPRECIATION
At 1 November 2022 2,937
Charge for year 24,756
At 31 October 2023 27,693
NET BOOK VALUE
At 31 October 2023 106,018
At 31 October 2022 38,402

5. FIXED ASSET INVESTMENTS
Other
investment
£   
COST
At 1 November 2022 20,000
Additions 10,000
Disposals (20,000 )
At 31 October 2023 10,000
NET BOOK VALUE
At 31 October 2023 10,000
At 31 October 2022 20,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments and accrued income - 5,000

STAGPLAN LIMITED (REGISTERED NUMBER: 01864574)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax - 22,039
Social security and other taxes 250 -
Directors' current accounts 72,662 477,880
Accrued expenses 2,641 2,658
75,553 502,577

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
STAGPLAN LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Stagplan Limited for the year ended 31 October 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Stagplan Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Stagplan Limited and state those matters that we have agreed to state to the Board of Directors of Stagplan Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stagplan Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Stagplan Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Stagplan Limited. You consider that Stagplan Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Stagplan Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






KBSP Partners LLP
Chartered Accountants
Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH


29 July 2024