Company Registration No. 13340472 (England and Wales)
Standard Mortgages Limited
Unaudited accounts
for the year ended 30 April 2024
Standard Mortgages Limited
Unaudited accounts
Contents
Standard Mortgages Limited
Company Information
for the year ended 30 April 2024
Company Number
13340472 (England and Wales)
Registered Office
Bartle House
Oxford Court
Manchester
OL8 1JR
England
Standard Mortgages Limited
Statement of financial position
as at 30 April 2024
Intangible assets
329,000
16,000
Tangible assets
21,000
24,000
Cash at bank and in hand
5,180
2,480
Creditors: amounts falling due within one year
(344,278)
(99,699)
Net current liabilities
(287,018)
(27,900)
Profit and loss account
62,982
12,100
Shareholders' funds
62,982
12,100
For the year ending 30 April 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 May 2024 and were signed on its behalf by
Saif Malik
Director
Company Registration No. 13340472
Standard Mortgages Limited
Notes to the Accounts
for the year ended 30 April 2024
Standard Mortgages Limited is a private company, limited by shares, registered in England and Wales, registration number 13340472. The registered office is Bartle House, Oxford Court, Manchester, OL8 1JR, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Other
Charge for the year
37,000
Standard Mortgages Limited
Notes to the Accounts
for the year ended 30 April 2024
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Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
38,262
56,380
Other debtors
13,818
12,939
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
56,778
14,200
Amounts owed to group undertakings and other participating interests
100,000
-
Other creditors
187,500
85,499
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Average number of employees
During the year the average number of employees was 9 (2023: 9).