Silverfin false false 29/02/2024 01/03/2023 29/02/2024 Mr R D G Beaman 21/07/2022 25 November 2024 The principal activity of the Company during the financial year was that of a residents property management company. 05715132 2024-02-29 05715132 bus:Director1 2024-02-29 05715132 2023-02-28 05715132 core:CurrentFinancialInstruments 2024-02-29 05715132 core:CurrentFinancialInstruments 2023-02-28 05715132 core:ShareCapital 2024-02-29 05715132 core:ShareCapital 2023-02-28 05715132 core:SharePremium 2024-02-29 05715132 core:SharePremium 2023-02-28 05715132 core:RetainedEarningsAccumulatedLosses 2024-02-29 05715132 core:RetainedEarningsAccumulatedLosses 2023-02-28 05715132 core:LandBuildings 2023-02-28 05715132 core:LandBuildings 2024-02-29 05715132 2023-03-01 2024-02-29 05715132 bus:FilletedAccounts 2023-03-01 2024-02-29 05715132 bus:SmallEntities 2023-03-01 2024-02-29 05715132 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 05715132 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 05715132 bus:Director1 2023-03-01 2024-02-29 05715132 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Company No: 05715132 (England and Wales)

STANLEY COURT BODMIN LIMITED

Unaudited Financial Statements
For the financial year ended 29 February 2024
Pages for filing with the registrar

STANLEY COURT BODMIN LIMITED

Unaudited Financial Statements

For the financial year ended 29 February 2024

Contents

STANLEY COURT BODMIN LIMITED

BALANCE SHEET

As at 29 February 2024
STANLEY COURT BODMIN LIMITED

BALANCE SHEET (continued)

As at 29 February 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 1,500 1,500
1,500 1,500
Current assets
Debtors 4 60 91
Cash at bank and in hand 9,648 8,663
9,708 8,754
Creditors: amounts falling due within one year 5 ( 480) ( 1,260)
Net current assets 9,228 7,494
Total assets less current liabilities 10,728 8,994
Net assets 10,728 8,994
Capital and reserves
Called-up share capital 6 6
Share premium account 1,494 1,494
Profit and loss account 9,228 7,494
Total shareholders' funds 10,728 8,994

For the financial year ending 29 February 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Stanley Court Bodmin Limited (registered number: 05715132) were approved and authorised for issue by the Director on 25 November 2024. They were signed on its behalf by:

Mr R D G Beaman
Director
STANLEY COURT BODMIN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 29 February 2024
STANLEY COURT BODMIN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 29 February 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Stanley Court Bodmin Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lowin House, Tregolls Road, Truro, TR1 2NA.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

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

Turnover

Turnover represents service charges receivable from the owners of Stanley Court, Bodmin.

Taxation

Any surplus arising is derived from, and held for the benefit of, the owners of Stanley Court, Bodmin and is considered to be outside the scope of tax.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life.

Land and buildings not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Land and buildings Total
£ £
Cost
At 01 March 2023 1,500 1,500
At 29 February 2024 1,500 1,500
Accumulated depreciation
At 01 March 2023 0 0
At 29 February 2024 0 0
Net book value
At 29 February 2024 1,500 1,500
At 28 February 2023 1,500 1,500

4. Debtors

2024 2023
£ £
Other debtors 60 91

5. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 480 1,260

6. Related party transactions

All income is derived from the owners of Stanley Court, Bodmin who are the shareholders of the company.