Company registration number 09891929 (England and Wales)
STYBARROW INVESTMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
PAGES FOR FILING WITH REGISTRAR
STYBARROW INVESTMENTS LIMITED
COMPANY INFORMATION
Directors
Mr A M Rimmer
Mr G A Tims
Mrs J A Tims
Ms V J Davies
Company number
09891929
Registered office
104 Hazelhurst Road
Worsley
Manchester
England
M28 2SP
Accountants
BK Plus LImited
7 Waterside Court
St. Helens
Merseyside
United Kingdom
WA9 1UA
STYBARROW INVESTMENTS LIMITED
BALANCE SHEET
AS AT 30 NOVEMBER 2023
30 November 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
8,193
-
0
Investment property
4
6,085,000
6,635,000
6,093,193
6,635,000
Current assets
Debtors
5
145,521
82,540
Cash at bank and in hand
138,600
237,777
284,121
320,317
Creditors: amounts falling due within one year
6
(4,900,270)
(5,168,189)
Net current liabilities
(4,616,149)
(4,847,872)
Total assets less current liabilities
1,477,044
1,787,128
Provisions for liabilities
(2,048)
-
0
Net assets
1,474,996
1,787,128
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
1,474,896
1,787,028
Total equity
1,474,996
1,787,128

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

STYBARROW INVESTMENTS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023
30 November 2023
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 29 November 2024 and are signed on its behalf by:
..............................................
Mr G A Tims
Director
Company registration number 09891929 (England and Wales)
STYBARROW INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
- 3 -
1
Accounting policies
Company information

Stybarrow Investments Limited is a private company limited by shares incorporated in England and Wales. The registered office is 104 Hazelhurst Road, Worsley, Manchester, England, M28 2SP.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents rents receivable during the year.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
20% reducing value

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors. The directors use observable market prices, adjusted if necessary for any difference in nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

1.5
Taxation
Deferred tax

Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. Deferred tax is included on revaluation of properties. The deferred tax has not been discounted.

STYBARROW INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2023
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
-
0
-
0
3
Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 December 2022
-
0
Additions
10,241
At 30 November 2023
10,241
Depreciation and impairment
At 1 December 2022
-
0
Depreciation charged in the year
2,048
At 30 November 2023
2,048
Carrying amount
At 30 November 2023
8,193
At 30 November 2022
-
0
4
Investment property
2023
£
Fair value
At 1 December 2022
6,635,000
Additions
927
Revaluations
(550,927)
At 30 November 2023
6,085,000

The investment properties have been valued at their market value as at 30 November 2023 by the directors.

STYBARROW INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2023
- 5 -
5
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
139,382
78,711
Other debtors
6,139
3,829
145,521
82,540
6
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
-
0
2,772
Corporation tax
70,444
73,536
Other creditors
4,829,826
5,091,881
4,900,270
5,168,189
8
Directors' transactions

During the year, the company was gifted a property with a market value of £1.2m from Mr G A Tims, director.

2023-11-302022-12-01false29 November 2024CCH SoftwareCCH Accounts Production 2024.100No description of principal activityMr A M RimmerMr G A TimsMrs J A TimsMs V J DaviesJudith TimsJudith Timsfalsefalse098919292022-12-012023-11-3009891929bus:Director12022-12-012023-11-3009891929bus:Director22022-12-012023-11-3009891929bus:Director32022-12-012023-11-3009891929bus:Director42022-12-012023-11-3009891929bus:Director52022-12-012023-11-3009891929bus:Director62022-12-012023-11-3009891929bus:RegisteredOffice2022-12-012023-11-30098919292023-11-30098919292022-11-3009891929core:FurnitureFittings2023-11-3009891929core:FurnitureFittings2022-11-3009891929core:CurrentFinancialInstrumentscore:WithinOneYear2023-11-3009891929core:CurrentFinancialInstrumentscore:WithinOneYear2022-11-3009891929core:CurrentFinancialInstruments2023-11-3009891929core:CurrentFinancialInstruments2022-11-3009891929core:ShareCapital2023-11-3009891929core:ShareCapital2022-11-3009891929core:RetainedEarningsAccumulatedLosses2023-11-3009891929core:RetainedEarningsAccumulatedLosses2022-11-3009891929core:FurnitureFittings2022-12-012023-11-30098919292021-12-012022-11-3009891929core:FurnitureFittings2022-11-30098919292022-11-3009891929core:WithinOneYear2023-11-3009891929core:WithinOneYear2022-11-3009891929bus:PrivateLimitedCompanyLtd2022-12-012023-11-3009891929bus:SmallCompaniesRegimeForAccounts2022-12-012023-11-3009891929bus:FRS1022022-12-012023-11-3009891929bus:AuditExemptWithAccountantsReport2022-12-012023-11-3009891929bus:FullAccounts2022-12-012023-11-30xbrli:purexbrli:sharesiso4217:GBP