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REGISTERED NUMBER: 10226966 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

STOCKBRIDGE PROPERTIES LIMITED

STOCKBRIDGE PROPERTIES LIMITED (Registered number: 10226966)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STOCKBRIDGE PROPERTIES LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTORS: S Guy
Mrs V Guy





REGISTERED OFFICE: Fairview House
Portland Road
East Grinstead
West Sussex
RH19 4ET





REGISTERED NUMBER: 10226966 (England and Wales)





ACCOUNTANTS: Bentleys Accounting Limited
Suite 6, 141/143 South Road
Haywards Heath
West Sussex
RH16 4LY

STOCKBRIDGE PROPERTIES LIMITED (Registered number: 10226966)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,910 15,188
Investment property 5 6,737,598 5,464,006
6,750,508 5,479,194

CURRENT ASSETS
Debtors 6 - 32,925
Cash at bank 100,590 37,569
100,590 70,494
CREDITORS
Amounts falling due within one year 7 207,794 163,662
NET CURRENT LIABILITIES (107,204 ) (93,168 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,643,304

5,386,026

CREDITORS
Amounts falling due after more than one
year

8

5,549,521

4,320,250
NET ASSETS 1,093,783 1,065,776

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 10 86,906 86,906
Retained earnings 1,006,777 978,770
1,093,783 1,065,776

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

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

STOCKBRIDGE PROPERTIES LIMITED (Registered number: 10226966)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 November 2024 and were signed on its behalf by:





S Guy - Director


STOCKBRIDGE PROPERTIES LIMITED (Registered number: 10226966)

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

1. STATUTORY INFORMATION

STOCKBRIDGE PROPERTIES 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

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

STOCKBRIDGE PROPERTIES LIMITED (Registered number: 10226966)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2023
and 31 March 2024 29,093
DEPRECIATION
At 1 April 2023 13,905
Charge for year 2,278
At 31 March 2024 16,183
NET BOOK VALUE
At 31 March 2024 12,910
At 31 March 2023 15,188

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 5,464,006
Additions 1,273,592
At 31 March 2024 6,737,598
NET BOOK VALUE
At 31 March 2024 6,737,598
At 31 March 2023 5,464,006

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Amounts owed by participating interests - 32,925

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 196,580 155,851
Tax 6,874 4,370
Other creditors - 600
Accrued expenses 4,340 2,841
207,794 163,662

STOCKBRIDGE PROPERTIES LIMITED (Registered number: 10226966)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 5 years 3,709,833 3,128,912
Amounts owed to participating interests 1,839,688 1,071,338
Other creditors - 120,000
5,549,521 4,320,250

9. SECURED DEBTS

The company has various Fixed and Floating charges over the company assets all registered at Companies House.

10. RESERVES
Revaluation
reserve
£   
At 1 April 2023
and 31 March 2024 86,906

11. RELATED PARTY DISCLOSURES

LOANS TO ASSOCIATED COMPANIES

During the year the company made various loans to and from various associated companies, These are shown within the Financial Statements as 'Amounts owed to and from participating interests'

The related party transactions were processed on a commercial basis.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mr S Guy and Mrs V Guy due to their 100% share holdings.