Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-312022-11-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03227788 2022-11-01 2023-10-31 03227788 2021-11-01 2022-10-31 03227788 2023-10-31 03227788 2022-10-31 03227788 c:Director1 2022-11-01 2023-10-31 03227788 c:RegisteredOffice 2022-11-01 2023-10-31 03227788 d:CurrentFinancialInstruments 2023-10-31 03227788 d:CurrentFinancialInstruments 2022-10-31 03227788 d:Non-currentFinancialInstruments 2023-10-31 03227788 d:Non-currentFinancialInstruments 2022-10-31 03227788 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 03227788 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 03227788 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 03227788 d:Non-currentFinancialInstruments d:AfterOneYear 2022-10-31 03227788 d:ShareCapital 2023-10-31 03227788 d:ShareCapital 2022-10-31 03227788 d:RetainedEarningsAccumulatedLosses 2023-10-31 03227788 d:RetainedEarningsAccumulatedLosses 2022-10-31 03227788 c:FRS102 2022-11-01 2023-10-31 03227788 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 03227788 c:FullAccounts 2022-11-01 2023-10-31 03227788 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Company registration number: 03227788







UNAUDITED DIRECTOR'S REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2023


STRATTON HOMES LIMITED






































img029e.png                        

 


STRATTON HOMES LIMITED
 


 
COMPANY INFORMATION


Director
M Bovingdon 




Registered number
03227788



Registered office
Lynton House
7-12 Tavistock Square

London

WC1H 9LT




Accountants
Menzies LLP
Chartered Accountants

Lynton House

7-12 Tavistock Square

London

WC1H 9LT





 


STRATTON HOMES LIMITED
 


 
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 OCTOBER 2023

The director presents his report and the financial statements for the year ended 31 October 2023.

Director

The director who served during the year was:

M Bovingdon 

Small companies note

In preparing this report, the director has taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board and signed on its behalf.
 





M Bovingdon
Director

Date: 18 October 2024

Page 1

 


STRATTON HOMES LIMITED
REGISTERED NUMBER:03227788



STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
  
17,462
15,082

Debtors: amounts falling due within one year
 4 
92,111
120,620

Cash at bank and in hand
  
639
640

  
110,212
136,342

Creditors: amounts falling due within one year
 5 
(311,056)
(302,556)

Net current liabilities
  
 
 
(200,844)
 
 
(166,214)

Total assets less current liabilities
  
(200,844)
(166,214)

Creditors: amounts falling due after more than one year
 6 
(20,833)
(25,833)

  

Net liabilities
  
(221,677)
(192,047)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(221,679)
(192,049)

  
(221,677)
(192,047)


Page 2

 


STRATTON HOMES LIMITED
REGISTERED NUMBER:03227788


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2023

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: 




M Bovingdon
Director

Date: 18 October 2024

The notes on pages 4 to 6 form part of these financial statements.

Page 3

 


STRATTON HOMES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

Stratton Homes Limited is a private company, limited by shares, registered in England and Wales, company registration number is 03227788. The address of the registered office is Lynton House, 7-12 Tavistock Square, London, United Kingdom, WC1H 9LT, the company does not have a prinicpal place of business.

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

Going concern

The company has made a loss during the period. The company has net current liabilities at the year of £200,844 (2022: £166,214). The director is confident that they can continue to make available necessary financial support to the company to meet its liabilities as they fall due. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the financial support.

  
2.3

Foreign currency translation

The financial statements are presented in sterling which is the functional currency of the company and rounded the nearest £.

  
2.4

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 generated by consultancy for the construction sector and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

  
2.5

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.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 4

 


STRATTON HOMES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.7

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.

Financial assets that are measured at cost and 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.

Financial assets and liabilities are offset and the net amount reported in the Statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Other debtors
92,019
120,129

Prepayments and accrued income
92
491

92,111
120,620


Page 5

 


STRATTON HOMES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
5,000
10,000

Other creditors
270,000
270,000

Accruals and deferred income
36,056
22,556

311,056
302,556





6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
20,833
25,833

20,833
25,833


 
Page 6