Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-292023-03-01business support servicefalse11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07474865 2023-03-01 2024-02-29 07474865 2022-03-01 2023-02-28 07474865 2024-02-29 07474865 2023-02-28 07474865 c:Director1 2023-03-01 2024-02-29 07474865 d:OfficeEquipment 2023-03-01 2024-02-29 07474865 d:OfficeEquipment 2024-02-29 07474865 d:OfficeEquipment 2023-02-28 07474865 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 07474865 d:CurrentFinancialInstruments 2024-02-29 07474865 d:CurrentFinancialInstruments 2023-02-28 07474865 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 07474865 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 07474865 d:ShareCapital 2024-02-29 07474865 d:ShareCapital 2023-02-28 07474865 d:RetainedEarningsAccumulatedLosses 2024-02-29 07474865 d:RetainedEarningsAccumulatedLosses 2023-02-28 07474865 c:FRS102 2023-03-01 2024-02-29 07474865 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 07474865 c:FullAccounts 2023-03-01 2024-02-29 07474865 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 07474865 d:WithinOneYear 2024-02-29 07474865 d:WithinOneYear 2023-02-28 07474865 d:BetweenOneFiveYears 2024-02-29 07474865 d:BetweenOneFiveYears 2023-02-28 07474865 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 07474865









STJ GROSVENOR LIMITED








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
STJ GROSVENOR LIMITED
REGISTERED NUMBER: 07474865

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
266
354

Current assets
  

Debtors: amounts falling due within one year
 5 
4,834
4,802

Cash at bank and in hand
 6 
25,426
17,091

  
30,260
21,893

Creditors: amounts falling due within one year
 7 
(29,726)
(19,369)

Net current assets
  
 
 
534
 
 
2,524

  

Net assets
  
800
2,878


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
700
2,778

  
800
2,878


Page 1

 
STJ GROSVENOR LIMITED
REGISTERED NUMBER: 07474865
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 November 2024.




Mrs S Johnson
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
STJ GROSVENOR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

STJ Grosvenor Limited is a company limited by shares, incorporated in England, United Kingdom. The address of the registered office is Suite D, The Business Centre, Faringdon Avenue, Romford, Essex, RM3 8EN. The principal activity of the company was that of business support services.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
STJ GROSVENOR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25% Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
STJ GROSVENOR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's Balance sheet when the company becomes party to the contractual provisions of the instrument.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 -1).

Page 5

 
STJ GROSVENOR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


Tangible fixed assets







Office equipment

£



Cost or valuation


At 1 March 2023
2,300



At 29 February 2024

2,300



Depreciation


At 1 March 2023
1,946


Charge for the year on owned assets
88



At 29 February 2024

2,034



Net book value



At 29 February 2024
266



At 28 February 2023
354

Page 6

 
STJ GROSVENOR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Debtors

29 February
28 February
2024
2023
£
£


Trade debtors
3,950
3,950

Other debtors
675
674

Prepayments and accrued income
209
178

4,834
4,802



6.


Cash and cash equivalents

29 February
28 February
2024
2023
£
£

Cash at bank and in hand
25,426
17,091



7.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Corporation tax
4,979
4,977

Other creditors
21,585
11,202

Accruals and deferred income
3,162
3,190

29,726
19,369



8.


Commitments under operating leases

At 29 February 2024 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

29 February
28 February
2024
2023
£
£


Not later than 1 year
1,395
2,392

Later than 1 year and not later than 5 years
-
1,395

1,395
3,787

 
Page 7