Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3112023-04-01falseNo description of principal activity2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11066848 2023-04-01 2024-03-31 11066848 2022-04-01 2023-03-31 11066848 2024-03-31 11066848 2023-03-31 11066848 c:Director1 2023-04-01 2024-03-31 11066848 c:RegisteredOffice 2023-04-01 2024-03-31 11066848 d:FreeholdInvestmentProperty 2024-03-31 11066848 d:FreeholdInvestmentProperty 2023-03-31 11066848 d:CurrentFinancialInstruments 2024-03-31 11066848 d:CurrentFinancialInstruments 2023-03-31 11066848 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11066848 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11066848 d:ShareCapital 2024-03-31 11066848 d:ShareCapital 2023-03-31 11066848 d:RetainedEarningsAccumulatedLosses 2024-03-31 11066848 d:RetainedEarningsAccumulatedLosses 2023-03-31 11066848 c:FRS102 2023-04-01 2024-03-31 11066848 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11066848 c:FullAccounts 2023-04-01 2024-03-31 11066848 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company registration number: 11066848







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024


STABLE HOUSE (2017) LIMITED






































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STABLE HOUSE (2017) LIMITED
 


 
COMPANY INFORMATION


Director
Mr P.A.K Jeffery 




Registered number
11066848



Registered office
Stable House Cockaynes Lane

Alresford

Colchester

CO7 8BZ




Accountants
Menzies LLP
Chartered Accountants

3000a Parkway

Whiteley

Hampshire

PO15 7FX





 


STABLE HOUSE (2017) LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5

 


STABLE HOUSE (2017) LIMITED
REGISTERED NUMBER:11066848



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
525,000
525,000

  
525,000
525,000

Current assets
  

Debtors: amounts falling due within one year
  
27,932
16,275

Cash at bank and in hand
  
2,522
6,376

  
30,454
22,651

Creditors: amounts falling due within one year
 6 
(347,343)
(361,782)

Net current liabilities
  
 
 
(316,889)
 
 
(339,131)

Total assets less current liabilities
  
208,111
185,869

  

Net assets
  
208,111
185,869

Page 1

 


STABLE HOUSE (2017) LIMITED
REGISTERED NUMBER:11066848


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
208,011
185,769

  
208,111
185,869


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Mr P.A.K Jeffery
Director

Date: 25 September 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


STABLE HOUSE (2017) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Stable House (2017) Limited is a private company limited by shares, registered in England and Wales. The address of it's registered office is disclosed on the company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 3

 


STABLE HOUSE (2017) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 2).

Page 4

 


STABLE HOUSE (2017) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Investment property


Freehold investment property

£



Valuation


At 1 April 2023
525,000



At 31 March 2024
525,000

The 2024 valuations were made by the director, on an open market value for existing use basis.





5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
17,355
16,275

Other debtors
10,577
-

27,932
16,275



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,324
-

Amounts owed to group undertakings
1,000
1,000

Corporation tax
8,300
7,343

Other creditors
309,973
351,063

Accruals and deferred income
26,746
2,376

347,343
361,782



7.


Related party transactions

At the year end, included within debtors falling due under one year were amounts owed by a director amounting to £10,577 (2023 - £41,087 due to the director). This amount is undated, unsecured and interest free.

Page 5