1 October 2023 false No description of principal activity Taxfiler 2024.6 14413584business:PrivateLimitedCompanyLtd2023-10-012024-09-30 144135842023-09-30 144135842023-10-012024-09-30 14413584business:AuditExemptWithAccountantsReport2023-10-012024-09-30 14413584business:FilletedAccounts2023-10-012024-09-30 144135842024-09-30 144135842023-09-30 14413584core:WithinOneYear2024-09-30 14413584core:WithinOneYear2023-09-30 14413584core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 14413584core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 14413584core:RevaluationReservecore:PreviouslyStatedAmount2024-09-30 14413584core:RevaluationReservecore:PreviouslyStatedAmount2023-09-30 14413584core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 14413584core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 14413584core:PreviouslyStatedAmount2024-09-30 14413584core:PreviouslyStatedAmount2023-09-30 14413584business:SmallEntities2023-10-012024-09-30 14413584business:Director12023-10-012024-09-30 14413584countries:EnglandWales2023-10-012024-09-30 14413584business:RegisteredOffice2023-10-012024-09-30 14413584core:LandBuildings2023-09-30 14413584core:LandBuildings2023-10-012024-09-30 14413584core:LandBuildings2024-09-30 14413584core:AcceleratedTaxDepreciationDeferredTax2024-09-30 14413584core:AcceleratedTaxDepreciationDeferredTax2023-09-30 14413584core:RevaluationPropertyDeferredTax2024-09-30 14413584core:RevaluationPropertyDeferredTax2023-09-30 14413584core:TaxLossesCarry-forwardsDeferredTax2024-09-30 14413584core:TaxLossesCarry-forwardsDeferredTax2023-09-30 144135842022-10-11 144135842022-10-122023-09-30 14413584business:OrdinaryShareClass12023-10-012024-09-30 14413584business:OrdinaryShareClass12022-10-122023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14413584 (England and Wales)
Studley Holt Ltd Unaudited accounts for the year ended 30 September 2024
Studley Holt Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,072,984 
1,127,975 
Current assets
Debtors
63,925 
6,031 
Cash at bank and in hand
11,215 
4,631 
75,140 
10,662 
Creditors: amounts falling due within one year
(1,392,018)
(1,139,790)
Net current liabilities
(1,316,878)
(1,129,128)
Net liabilities
(243,894)
(1,153)
Capital and reserves
Called up share capital
1,000 
1,000 
Revaluation reserve
(244,600)
- 
Profit and loss account
(294)
(2,153)
Shareholders' funds
(243,894)
(1,153)
For the year ending 30 September 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 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 of Directors and authorised for issue on 14 January 2025 and were signed on its behalf by
Julia Gilmour Director Company Registration No. 14413584
- 2 -
Studley Holt Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Studley Holt Ltd is a private company, limited by shares, registered in England and Wales, registration number 14413584. The registered office is 22 HOLT ROAD, STUDLEY, B80 7NX, UNITED KINGDOM.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 3 -
Studley Holt Ltd Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 October 2023
1,127,975 
Additions
246,984 
Revaluations
(301,975)
At 30 September 2024
1,072,984 
Depreciation
At 30 September 2024
- 
Net book value
At 30 September 2024
1,072,984 
At 30 September 2023
1,127,975 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
(30)
Deferred tax asset
62,469 
5,529 
Accrued income and prepayments
1,456 
532 
63,925 
6,031 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
810 
- 
Taxes and social security
127 
143 
Loans from directors
1,390,302 
1,138,807 
Accruals
779 
840 
1,392,018 
1,139,790 
7
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
- 
(4,069)
Revaluation of land and buildings
(57,375)
- 
Tax losses carried forward
(5,094)
(1,460)
(62,469)
(5,529)
2024 
2023 
£ 
£ 
Provision at start of year
(5,529)
- 
Credited to the profit and loss account
(56,940)
(5,529)
Provision at end of year
(62,469)
(5,529)
- 4 -
Studley Holt Ltd Notes to the Accounts for the year ended 30 September 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 5 -