1 January 2023 false No description of principal activity Taxfiler 2024.5 10977322business:PrivateLimitedCompanyLtd2023-01-012023-12-31 109773222022-12-31 109773222023-01-012023-12-31 10977322business:AuditExemptWithAccountantsReport2023-01-012023-12-31 10977322business:FilletedAccounts2023-01-012023-12-31 109773222023-12-31 10977322business:Director12023-01-012023-12-31 10977322business:RegisteredOffice2023-01-012023-12-31 109773222022-12-31 10977322core:WithinOneYear2023-12-31 10977322core:WithinOneYear2022-12-31 10977322core:AfterOneYear2023-12-31 10977322core:AfterOneYear2022-12-31 10977322core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 10977322core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 10977322core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 10977322core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 10977322core:PreviouslyStatedAmount2023-12-31 10977322core:PreviouslyStatedAmount2022-12-31 10977322business:SmallEntities2023-01-012023-12-31 10977322countries:EnglandWales2023-01-012023-12-31 10977322business:OrdinaryShareClass12023-01-012023-12-31 10977322business:OrdinaryShareClass12022-01-012022-12-31 109773222022-01-012022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10977322 (England and Wales)
Stanthorne (Polmont) Limited Unaudited accounts for the year ended 31 December 2023
Stanthorne (Polmont) Limited Unaudited accounts Contents
Page
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Stanthorne (Polmont) Limited Company Information for the year ended 31 December 2023
Director
Mark Guterman
Company Number
10977322 (England and Wales)
Registered Office
3RD FLOOR THE PINNACLE 73 KING STREET MANCHESTER M2 4NG UNITED KINGDOM
Accountants
Sleek Accounting Ltd 107 Kirkgate Leeds West Yorkshire LS1 6DP
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Stanthorne (Polmont) Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
50,451 
56,899 
Creditors: amounts falling due within one year
(84,788)
(84,788)
Net current liabilities
(34,337)
(27,889)
Total assets less current liabilities
(34,337)
(27,889)
Creditors: amounts falling due after more than one year
(32,188)
(37,603)
Net liabilities
(66,525)
(65,492)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(66,625)
(65,592)
Shareholders' funds
(66,525)
(65,492)
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 September 2024 and were signed on its behalf by
Mark Guterman Director Company Registration No. 10977322
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Stanthorne (Polmont) Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Stanthorne (Polmont) Limited is a private company, limited by shares, registered in England and Wales, registration number 10977322. The registered office is 3RD FLOOR THE PINNACLE, 73 KING STREET, MANCHESTER, M2 4NG, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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Stanthorne (Polmont) Limited Notes to the Accounts for the year ended 31 December 2023
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
34,676 
41,042 
Deferred tax asset
15,775 
15,533 
Other debtors
- 
324 
50,451 
56,899 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,780 
5,780 
Trade creditors
4,014 
4,014 
Amounts owed to group undertakings and other participating interests
74,994 
74,994 
84,788 
84,788 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
32,188 
37,603 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Transactions with related parties
Stanthorne Limited: The company is related to Stanthorne Limited by the virtue of a common director. During the period, the net transfers between the two companies were £6,366 paid to Stanthorne Limited (2022: £75,982). The amount outstanding to Stanthorne Limited at the Balance Sheet date was £34,676 (2022: £41,042). Stanthorne (Tarporley) Limited: The company is related to Stanthorne (Tarporley) Limited by the virtue of a common director. During the period, the net transfers between the two companies were £nil received from Stanthorne (Tarporley) Limited (2022: £75,928). The amount outstanding to Stanthorne (Tarporley) Limited at the Balance Sheet date was £74,944 (2022: £74,944).
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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