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REGISTERED NUMBER: 00890155 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Stanmarle Developments (Wokingham)
Limited

Stanmarle Developments (Wokingham)
Limited (Registered number: 00890155)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Stanmarle Developments (Wokingham)
Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: T J Knott
G W Knott
D M L Knott





SECRETARY: D M L Knott





REGISTERED OFFICE: 8 Marks Road
Wokingham
Berkshire
RG41 1NN





REGISTERED NUMBER: 00890155 (England and Wales)





ACCOUNTANTS: Villars Hayward LLP
Chartered Accountants,
Chartered Tax Advisers and Registered Auditors
Boston House
Henley-on-Thames
RG9 1DY

Stanmarle Developments (Wokingham)
Limited (Registered number: 00890155)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 2,571,200 3,128,700
2,571,200 3,128,700

CURRENT ASSETS
Debtors 6 673 1,239
Cash at bank 324,081 175,765
324,754 177,004
CREDITORS
Amounts falling due within one year 7 26,429 34,665
NET CURRENT ASSETS 298,325 142,339
TOTAL ASSETS LESS CURRENT LIABILITIES 2,869,525 3,271,039

CREDITORS
Amounts falling due after more than one year 8 - (259,500 )

PROVISIONS FOR LIABILITIES (259,167 ) (255,346 )
NET ASSETS 2,610,358 2,756,193

CAPITAL AND RESERVES
Called up share capital 11,784 11,784
Capital redemption reserve 216 216
Revaluation reserve 1,802,271 1,932,590
Retained earnings 796,087 811,603
SHAREHOLDERS' FUNDS 2,610,358 2,756,193

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.

Stanmarle Developments (Wokingham)
Limited (Registered number: 00890155)

Statement of Financial Position - continued
31 March 2024


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 12 August 2024 and were signed on its behalf by:





D M L Knott - Director


Stanmarle Developments (Wokingham)
Limited (Registered number: 00890155)

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

1. STATUTORY INFORMATION

Stanmarle Developments (Wokingham) 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 as modified by the revaluation of certain assets.

Turnover
Turnover comprises the total value of rents and service charges receivable by the company during the year. Revenue is recognised when rental income and service charges have been incurred by tenants and the company has a right to the income.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 5,374
Disposals (968 )
At 31 March 2024 4,406
DEPRECIATION
At 1 April 2023 5,374
Eliminated on disposal (968 )
At 31 March 2024 4,406
NET BOOK VALUE
At 31 March 2024 -

Stanmarle Developments (Wokingham)
Limited (Registered number: 00890155)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 3,128,700
Disposals (557,500 )
At 31 March 2024 2,571,200
NET BOOK VALUE
At 31 March 2024 2,571,200
At 31 March 2023 3,128,700

Fair value at 31 March 2024 is represented by:
£   
Valuation in 1991 589,943
Valuation in 2005 220,000
Valuation in 2007 270,000
Valuation in 2014 871,177
Valuation in 2016 326,407
Valuation in 2017 (153,668 )
Valuation in 2018 (195,000 )
Valuation in 2019 (10,000 )
Valuation in 2023 265,700
Valuation in 2024 (123,121 )
Cost 509,762
2,571,200

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 478 785
Other debtors 195 454
673 1,239

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Deferred income 9,588 10,111
Taxation and social security 12,250 18,773
Other creditors 4,591 5,781
26,429 34,665

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans - 259,500