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REGISTERED NUMBER: 10332016 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Stable Estates Limited

Stable Estates Limited (Registered number: 10332016)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Stable Estates Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr Mitul Popat
Lyonwood Limited





REGISTERED OFFICE: Devonshire House
582 Honeypot Lane
Stanmore
MIDDLESEX
HA7 1JS





REGISTERED NUMBER: 10332016 (England and Wales)





ACCOUNTANTS: Capitax Financial Limited
Devonshire House
582 Honeypot Lane
Stanmore
MIDDLESEX
HA7 1JS

Stable Estates Limited (Registered number: 10332016)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Stocks - 359,095
Debtors 4 70,013 -
Cash at bank - 5,941
70,013 365,036
CREDITORS
Amounts falling due within one year 5 11,685 251,195
NET CURRENT ASSETS 58,328 113,841
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,328

113,841

CREDITORS
Amounts falling due after more than one year 6 - 85,500
NET ASSETS 58,328 28,341

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 58,228 28,241
SHAREHOLDERS' FUNDS 58,328 28,341

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

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




Mr Mitul Popat - Director


Stable Estates Limited (Registered number: 10332016)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Stable Estates 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.

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.

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 1 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 70,013 -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Taxation and social security 8,433 11,864
Other creditors 3,252 239,331
11,685 251,195

Stable Estates Limited (Registered number: 10332016)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors - 85,500

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year ended 31 December 2023, Stable Estates Ltd owed £888 to its Director. This amount is reflected in the director's loan accounts in credit balance, which is shown as Other Creditors under Creditors due within one year. Please be advised that the director has agreed to provide this loan on an interest free basis and the loan is repayable on demand.

8. RELATED PARTY DISCLOSURES

During the year ended 31 December 2023, Stable Estates Ltd has been guaranteed an interest free loan of £70,013 from its parent company, Lyonwood Ltd. The loan is repayable on demand, hence the amount is being reflected accordingly under Creditors - Less Than One Year Account.