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REGISTERED NUMBER: 09792322 (England and Wales)











































Stocksfield Holdings Limited

Unaudited Financial Statements

for the year ended

30th September 2023






Stocksfield Holdings Limited (Registered number: 09792322)






Contents of the Financial Statements
for the year ended 30th September 2023




Page

Company information 1

Balance sheet 2 to 3

Notes to the financial statements 4 to 6


Stocksfield Holdings Limited

Company Information
for the year ended 30th September 2023







Directors: Mrs R P Thompson
M Thompson





Registered office: 128 City Road
London
EC1V 2NX





Registered number: 09792322 (England and Wales)





Accountants: Rennie Welch LLP
Academy House
Shedden Park Road
Kelso
Roxburghshire
TD5 7AL

Stocksfield Holdings Limited (Registered number: 09792322)

Balance Sheet
30th September 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Investments 4 1,784,285 1,784,285

Current assets
Debtors 5 355,369 64,377
Cash at bank 38 68
355,407 64,445
Creditors
Amounts falling due within one year 6 1,900,248 1,410,273
Net current liabilities (1,544,841 ) (1,345,828 )
Total assets less current liabilities 239,444 438,457

Creditors
Amounts falling due after more than one
year

7

54,100

61,600
Net assets 185,344 376,857

Capital and reserves
Called up share capital 150 150
Revaluation reserve 9 (3,029,385 ) (3,029,385 )
Retained earnings 3,214,579 3,406,092
185,344 376,857

Stocksfield Holdings Limited (Registered number: 09792322)

Balance Sheet - continued
30th September 2023


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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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 27th August 2024 and were signed on its behalf by:




Mrs R P Thompson - Director



M Thompson - Director


Stocksfield Holdings Limited (Registered number: 09792322)

Notes to the Financial Statements
for the year ended 30th September 2023

1. Statutory information

Stocksfield Holdings 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.

Financial instruments
The following assets and liabilities are classified as financial instruments - Inter company loans, accruals, bank overdraft, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), accruals bank overdraft and inter company loans are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at 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 the Statement of Income and Retained Earnings.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Provisions
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Stocksfield Holdings Limited (Registered number: 09792322)

Notes to the Financial Statements - continued
for the year ended 30th September 2023

2. Accounting policies - continued

Going concern
The directors have considered the company's financial position for a period of 12 months and beyond from the date of signing these financial statements and have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.

3. Employees and directors

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

4. Fixed asset investments
Other
investment
£   
Cost or valuation
At 1st October 2022
and 30th September 2023 1,784,285
Net book value
At 30th September 2023 1,784,285
At 30th September 2022 1,784,285

Cost or valuation at 30th September 2023 is represented by:

Other
investment
£   
Valuation in 2017 (3,077,169 )
Valuation in 2019 (150,000 )
Valuation in 2020 556,356
Valuation in 2021 (358,572 )
Cost 4,813,670
1,784,285

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Amounts owed by associate companies 355,369 64,377

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 7,604 7,805
Amounts owed to associate companies 486,499 300
Other creditors 1,406,145 1,402,168
1,900,248 1,410,273

Stocksfield Holdings Limited (Registered number: 09792322)

Notes to the Financial Statements - continued
for the year ended 30th September 2023

7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans 15,000 22,500
Other creditors 39,100 39,100
54,100 61,600

8. Secured debts

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdrafts 104 305
Bank loans 22,500 30,000
Other creditors 39,100 39,100
61,704 69,405

Ruth Thompson and Coutts & Company both hold Floating Charges over the property or undertaking of the company.

9. Reserves
Revaluatio
reserve
£   
At 1st October 2022
and 30th September 2023 (3,029,385 )