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REGISTERED NUMBER: 08229434 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

STOCKBRIDGE SUSSEX LIMITED

STOCKBRIDGE SUSSEX LIMITED (Registered number: 08229434)






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 SUSSEX LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTORS: S Guy
Mrs V Guy





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





REGISTERED NUMBER: 08229434 (England and Wales)





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

STOCKBRIDGE SUSSEX LIMITED (Registered number: 08229434)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 692,593 779,167
Tangible assets 5 22,662 6,810
Investments 6 127,000 -
842,255 785,977

CURRENT ASSETS
Debtors 7 4,004,300 3,137,668
Investments 8 154 221
Cash at bank 40,369 18,725
4,044,823 3,156,614
CREDITORS
Amounts falling due within one year 9 24,937 67,430
NET CURRENT ASSETS 4,019,886 3,089,184
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,862,141

3,875,161

CREDITORS
Amounts falling due after more than one
year

10

395,112

385,427
NET ASSETS 4,467,029 3,489,734

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,466,929 3,489,634
SHAREHOLDERS' FUNDS 4,467,029 3,489,734

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 SUSSEX LIMITED (Registered number: 08229434)

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 SUSSEX LIMITED (Registered number: 08229434)

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

1. STATUTORY INFORMATION

STOCKBRIDGE SUSSEX 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

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 3 (2023 - 2 ) .

STOCKBRIDGE SUSSEX LIMITED (Registered number: 08229434)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 866,541
AMORTISATION
At 1 April 2023 87,374
Charge for year 86,574
At 31 March 2024 173,948
NET BOOK VALUE
At 31 March 2024 692,593
At 31 March 2023 779,167

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2023 8,604 13,328 21,932
Additions 20,429 - 20,429
At 31 March 2024 29,033 13,328 42,361
DEPRECIATION
At 1 April 2023 6,714 8,408 15,122
Charge for year 3,347 1,230 4,577
At 31 March 2024 10,061 9,638 19,699
NET BOOK VALUE
At 31 March 2024 18,972 3,690 22,662
At 31 March 2023 1,890 4,920 6,810

6. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.3.24 31.3.23
£    £   
No description 127,000 -

7. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Other debtors 193,127 167,298

STOCKBRIDGE SUSSEX LIMITED (Registered number: 08229434)

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

7. DEBTORS - continued
31.3.24 31.3.23
£    £   
Amounts falling due after more than one year:
Amounts owed by participating interests 3,811,173 2,970,370

Aggregate amounts 4,004,300 3,137,668

8. CURRENT ASSET INVESTMENTS
31.3.24 31.3.23
£    £   
Shares in group undertakings 154 221

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Social security and other taxes - 63,313
Other creditors 15,668 -
Directors' current accounts 2,769 617
Accrued expenses 6,500 3,500
24,937 67,430

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-2 years 100,499 -
Bank loans - 2-5 years 34,613 40,265
Other creditors 260,000 345,162
395,112 385,427

11. RELATED PARTY DISCLOSURES

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

During the year the company received dividends from these subsidiaries as shown in the Financial Statements.

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.