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REGISTERED NUMBER: 06630438 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Stubton Hall Limited

Stubton Hall Limited (Registered number: 06630438)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


Stubton Hall Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mrs C V C Brainerd





REGISTERED OFFICE: Stubton Hall
Stubton
Newark
Lincolnshire
NG23 5DD





REGISTERED NUMBER: 06630438 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Chancery Court
34 West Street
Retford
Nottinghamshire
DN22 6ES

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Stubton Hall Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Stubton Hall Limited for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Stubton Hall Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Stubton Hall Limited and state those matters that we have agreed to state to the director of Stubton Hall Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stubton Hall Limited and its director for our work or for this report.

It is your duty to ensure that Stubton Hall Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Stubton Hall Limited. You consider that Stubton Hall Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Stubton Hall Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wright Vigar Limited
Chartered Accountants & Business Advisers
Chancery Court
34 West Street
Retford
Nottinghamshire
DN22 6ES


31 October 2024

Stubton Hall Limited (Registered number: 06630438)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 546,466 570,479

CURRENT ASSETS
Debtors 5 734,943 574,698
Cash at bank and in hand 285,807 486,325
1,020,750 1,061,023
CREDITORS
Amounts falling due within one year 6 459,173 511,127
NET CURRENT ASSETS 561,577 549,896
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,108,043

1,120,375

CREDITORS
Amounts falling due after more than one
year

7

(738,344

)

(757,196

)

PROVISIONS FOR LIABILITIES 8 (79,359 ) (82,521 )
NET ASSETS 290,340 280,658

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 290,339 280,657
SHAREHOLDERS' FUNDS 290,340 280,658

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 31 October 2024 and were signed by:





Mrs C V C Brainerd - Director


Stubton Hall Limited (Registered number: 06630438)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Stubton Hall 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received, at the point of event completion. Non-refundable income is included in turnover when it is received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over 20 years
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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

Stubton Hall Limited (Registered number: 06630438)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2023 - 40 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 1,140,290 25,324 300,478 15,960 1,482,052
Additions 16,843 - 521 2,397 19,761
At 30 June 2024 1,157,133 25,324 300,999 18,357 1,501,813
DEPRECIATION
At 1 July 2023 621,195 24,115 260,057 6,206 911,573
Charge for year 30,298 302 10,138 3,036 43,774
At 30 June 2024 651,493 24,417 270,195 9,242 955,347
NET BOOK VALUE
At 30 June 2024 505,640 907 30,804 9,115 546,466
At 30 June 2023 519,095 1,209 40,421 9,754 570,479

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,000 -
Amounts owed by group undertakings 656,736 476,454
Other debtors 77,207 98,244
734,943 574,698

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 50,200 50,200
Trade creditors 14,191 18,013
Taxation and social security 64,098 50,640
Other creditors 330,684 392,274
459,173 511,127

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 75,300 125,500
Amounts owed to group undertakings 663,044 631,696
738,344 757,196

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 79,359 82,521

Stubton Hall Limited (Registered number: 06630438)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 July 2023 82,521
Credit to Income Statement during year (3,162 )
Balance at 30 June 2024 79,359

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

10. OFF-BALANCE SHEET ARRANGEMENTS

The company acts as guarantor on a bank loan that is represented in Brainerd Holdings Limited balance sheet.There is an unlimited inter company composite guarantee by and between the Borrower and Stubton Hall Limited supported by a debenture over its whole assets. At the year end, the outstanding loan is £1,594,500

11. ULTIMATE CONTROLLING PARTY

The company is controlled by Brainerd Holdings Limited by virtue of it owning 100% of the ordinary share capital. The ultimate controlling party is C V C Brainerd by virtue of them holding 100% of the ordinary share capital in Brainerd Holdings Limited.