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REGISTERED NUMBER: 11046430 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

STANDISH LODGE LIMITED

STANDISH LODGE LIMITED (REGISTERED NUMBER: 11046430)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STANDISH LODGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: E C Lister
P D Swift
R P Line
L S I Humblet





REGISTERED OFFICE: 2 Back Grafton Street
Altrincham
Greater Manchester
WA14 1DY





REGISTERED NUMBER: 11046430 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
PRESTON
Lancashire
PR2 2YH

STANDISH LODGE LIMITED (REGISTERED NUMBER: 11046430)

BALANCE SHEET
30 NOVEMBER 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 78,612 31,873
Investment property 5 1,120,000 1,120,000
1,198,612 1,151,873

CURRENT ASSETS
Debtors 6 20,077 2,440
Cash at bank and in hand 11,012 32,776
31,089 35,216
CREDITORS
Amounts falling due within one year 7 672,462 1,061,537
NET CURRENT LIABILITIES (641,373 ) (1,026,321 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

557,239

125,552

CREDITORS
Amounts falling due after more than one
year

8

(429,250

)

-

PROVISIONS FOR LIABILITIES (24,331 ) (27,386 )
NET ASSETS 103,658 98,166

CAPITAL AND RESERVES
Called up share capital 9 10,000 1
Fair value reserve 10 83,572 83,572
Retained earnings 10 10,086 14,593
SHAREHOLDERS' FUNDS 103,658 98,166

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

STANDISH LODGE LIMITED (REGISTERED NUMBER: 11046430)

BALANCE SHEET - continued
30 NOVEMBER 2023


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 22 August 2024 and were signed on its behalf by:




E C Lister - Director P D Swift - Director




R P Line - Director L S I Humblet - Director


STANDISH LODGE LIMITED (REGISTERED NUMBER: 11046430)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Standish Lodge 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 represents rental income received, excluding value added tax, where applicable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and Machinery - 20% on cost
Fixtures and fitting - 20% reducing balance
Motor Vehicles - 15% on cost

Investment property
Investment property is initially measured at cost, including transaction costs.

Subsequently investment property is measured at fair value. Any gains or losses arising from changes in fair value is recognised in the profit and loss account.

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.

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

3. EMPLOYEES AND DIRECTORS

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

STANDISH LODGE LIMITED (REGISTERED NUMBER: 11046430)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 December 2022 30,105 7,735 - 37,840
Additions - 19,373 39,755 59,128
At 30 November 2023 30,105 27,108 39,755 96,968
DEPRECIATION
At 1 December 2022 5,643 324 - 5,967
Charge for year 6,021 3,883 2,485 12,389
At 30 November 2023 11,664 4,207 2,485 18,356
NET BOOK VALUE
At 30 November 2023 18,441 22,901 37,270 78,612
At 30 November 2022 24,462 7,411 - 31,873

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 1,120,000
NET BOOK VALUE
At 30 November 2023 1,120,000
At 30 November 2022 1,120,000

The investment property was valued on an open market basis on 28 June 2022 by Bruton Knowles LLP

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade debtors 15,140 2,000
Other debtors - 88
VAT 26 -
Prepayments and accrued income 4,911 352
20,077 2,440

STANDISH LODGE LIMITED (REGISTERED NUMBER: 11046430)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Bank loans and overdrafts 18,000 -
Hire purchase contracts 2,625 -
Trade creditors 21,436 10,998
VAT - 1,250
Other creditors 50 90,000
Amounts owed to related
parties - 456,248
Directors' current accounts 605,438 461,528
Accrued expenses 24,913 41,513
672,462 1,061,537

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/11/23 30/11/22
£    £   
Bank loans - 1-2 years 18,000 -
Bank loans - 2-5 years 409,500 -
Hire purchase contracts 1,750 -
429,250 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/11/23 30/11/22
value: £    £   
NIL Ordinary £1 - 1
7,000 A Ordinary £1 7,000 -
1,000 B Ordinary £1 1,000 -
1,000 C Ordinary £1 1,000 -
1,000 D Ordinary £1 1,000 -
10,000 1

10. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 December 2022 14,593 83,572 98,165
Deficit for the year (4,507 ) (4,507 )
At 30 November 2023 10,086 83,572 93,658

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed the director £605,438 (2022: £461,528). The amount is repayable on demand and interest of £12,917 has accrued in the year.

STANDISH LODGE LIMITED (REGISTERED NUMBER: 11046430)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

12. RELATED PARTY DISCLOSURES

Planit I.E Limited is deemed a related party. During the year the amount owed to Planit I.E Limited has been repaid in full and as such there is no balance outstanding as at 30 November 2023 (2022:£236,971). No interest has been charged during the year.