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REGISTERED NUMBER: 12429792 (England and Wales)















Financial Statements for the Year Ended 31 January 2024

for

Stradale Homes Limited

Stradale Homes Limited (Registered number: 12429792)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stradale Homes Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: Mrs H L Beck
C R Beck
J Jaunzems





REGISTERED OFFICE: Woolgreaves Hall
South Lane
Cawthorne
South Yorkshire
S75 4EF





REGISTERED NUMBER: 12429792 (England and Wales)





ACCOUNTANTS: Richard Smedley Limited
Chartered Accountants & Registered Auditors
Richmond House
Lawnswood Business Park
Redvers Close
Leeds
West Yorkshire
LS16 6QY

Stradale Homes Limited (Registered number: 12429792)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,343 1,808

CURRENT ASSETS
Work in progress 715,656 1,480,703
Debtors 5 13,583 12,573
Cash at bank and in hand 60,495 5,537
789,734 1,498,813
CREDITORS
Amounts falling due within one year 6 652,219 1,506,760
NET CURRENT ASSETS/(LIABILITIES) 137,515 (7,947 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

140,858

(6,139

)

PROVISIONS FOR LIABILITIES 836 -
NET ASSETS/(LIABILITIES) 140,022 (6,139 )

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 138,022 (8,139 )
140,022 (6,139 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

Stradale Homes Limited (Registered number: 12429792)

Balance Sheet - continued
31 January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by:





C R Beck - Director


Stradale Homes Limited (Registered number: 12429792)

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

1. STATUTORY INFORMATION

Stradale Homes 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

Turnover
Turnover for sale of property represents the sale price of properties sold during the period. Turnover is recognised upon transfer of title of the property.

For provision of other goods and services, turnover is recognised when title of the goods transfers to the customer and in line with provision of services.

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 - 25% on cost

Work in progress
Work in progress comprises costs incurred to be part of future construction projects.

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.

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.

Financial instruments
Basic financial instruments are recognised at amortised cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

Stradale Homes Limited (Registered number: 12429792)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 February 2023 2,572
Additions 2,904
At 31 January 2024 5,476
DEPRECIATION
At 1 February 2023 764
Charge for year 1,369
At 31 January 2024 2,133
NET BOOK VALUE
At 31 January 2024 3,343
At 31 January 2023 1,808

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 13,583 12,573

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Taxation and social security 41,375 -
Other creditors 610,844 1,506,760
652,219 1,506,760

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
J Jaunzems
Balance outstanding at start of year 4,835 -
Amounts advanced - 4,835
Amounts repaid (4,835 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 4,835