Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 NI657867 Mr James Patterson Mr Gordon Patterson Mr Jeremy Hinds Miss Marilyn Patterson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI657867 2023-02-28 NI657867 2024-02-28 NI657867 2023-03-01 2024-02-28 NI657867 frs-core:CurrentFinancialInstruments 2024-02-28 NI657867 frs-core:InvestmentPropertyIncludedWithinPPE 2024-02-28 NI657867 frs-core:InvestmentPropertyIncludedWithinPPE 2023-03-01 2024-02-28 NI657867 frs-core:InvestmentPropertyIncludedWithinPPE 2023-02-28 NI657867 frs-core:ShareCapital 2024-02-28 NI657867 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 NI657867 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 NI657867 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 NI657867 frs-bus:SmallEntities 2023-03-01 2024-02-28 NI657867 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 NI657867 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 NI657867 frs-core:UnlistedNon-exchangeTraded 2024-02-28 NI657867 frs-core:UnlistedNon-exchangeTraded 2023-02-28 NI657867 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-02-28 NI657867 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-02-28 NI657867 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-02-28 NI657867 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-02-28 NI657867 frs-bus:Director1 2023-03-01 2024-02-28 NI657867 frs-bus:Director2 2023-03-01 2024-02-28 NI657867 frs-bus:Director3 2023-03-01 2024-02-28 NI657867 frs-bus:Director4 2023-03-01 2024-02-28 NI657867 frs-countries:NorthernIreland 2023-03-01 2024-02-28 NI657867 2022-02-28 NI657867 2023-02-28 NI657867 2022-03-01 2023-02-28 NI657867 frs-core:CurrentFinancialInstruments 2023-02-28 NI657867 frs-core:ShareCapital 2023-02-28 NI657867 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: NI657867
Stonegate Homes (Cricklewood) Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
RWCA LTD
158 Upper Newtownards Road
Belfast
Co Antrim
BT4 3EQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: NI657867
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 5 200 200
200 200
CURRENT ASSETS
Debtors 6 5,781,943 -
Cash at bank and in hand 147 110
5,782,090 110
Creditors: Amounts Falling Due Within One Year 7 (5,782,223 ) (200 )
NET CURRENT ASSETS (LIABILITIES) (133 ) (90 )
TOTAL ASSETS LESS CURRENT LIABILITIES 67 110
NET ASSETS 67 110
CAPITAL AND RESERVES
Called up share capital 8 110 110
Profit and Loss Account (43 ) -
SHAREHOLDERS' FUNDS 67 110
Page 1
Page 2
For the year ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr James Patterson
Director
20/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Stonegate Homes (Cricklewood) Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI657867 . The registered office is 25b Seafront Road, Holywood, Down, BT18 0BB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Investment Properties
£
Cost
As at 1 March 2023 -
Additions 34,795,250
Disposals (34,795,250 )
As at 28 February 2024 -
Net Book Value
As at 28 February 2024 -
As at 1 March 2023 -
5. Investments
Unlisted
£
Cost
As at 1 March 2023 200
As at 28 February 2024 200
Provision
As at 1 March 2023 -
As at 28 February 2024 -
Net Book Value
As at 28 February 2024 200
As at 1 March 2023 200
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Page 4
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 143,931 -
Amounts owed by subsidiaries 5,638,012 -
5,781,943 -
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 144,211 -
Amounts owed to parent undertaking 5,638,012 200
5,782,223 200
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 110 110
9. Related Party Transactions
During the year, the freehold of investment properties were transferred to the company for £34,795,250 from its parent company, Stonegate Land & Estates Ltd. Long leases with premiums were then granted to 2 subsidiaries, Stonegate Homes (Westbrook Mills 1) Ltd and Stonegate Homes (Westbrook Mills 2) Ltd for a combined value of £34,795,250.
At the year end the company was owed £5,638,012 by its 2 subsidiaries and owed its parent company the same amount.
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