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Company Registration No. 8981825 (England and Wales)
STANCHEV INTERIORS 2014 LTD. Unaudited accounts for the year ended 30 April 2024
STANCHEV INTERIORS 2014 LTD. Unaudited accounts Contents
Page
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STANCHEV INTERIORS 2014 LTD. Company Information for the year ended 30 April 2024
Director
Vasil Stanchev
Secretary
Vasil Stanchev
Company Number
8981825 (England and Wales)
Registered Office
22 Masefield Crescent Southgate London N14 4AG
Accountants
Martin's bookkeeping and accountancy 4 Embleton Walk Hampton TW12 3YU
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STANCHEV INTERIORS 2014 LTD. Accountants' report
Accountants' report to the director of STANCHEV INTERIORS 2014 LTD. on the preparation of the unaudited statutory accounts for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of STANCHEV INTERIORS 2014 LTD. for the year ended 30 April 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of STANCHEV INTERIORS 2014 LTD., as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of STANCHEV INTERIORS 2014 LTD. and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than STANCHEV INTERIORS 2014 LTD. and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that STANCHEV INTERIORS 2014 LTD. has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of STANCHEV INTERIORS 2014 LTD.. You consider that STANCHEV INTERIORS 2014 LTD. is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of STANCHEV INTERIORS 2014 LTD.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Martin's bookkeeping and accountancy 4 Embleton Walk Hampton TW12 3YU 21 January 2025
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STANCHEV INTERIORS 2014 LTD. Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
52 
Current assets
Debtors
11,030 
9,420 
Cash at bank and in hand
31,415 
42,243 
42,445 
51,663 
Creditors: amounts falling due within one year
(7,832)
(21,013)
Net current assets
34,613 
30,650 
Total assets less current liabilities
34,613 
30,702 
Creditors: amounts falling due after more than one year
(12,080)
(14,551)
Net assets
22,533 
16,151 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
22,532 
16,150 
Shareholders' funds
22,533 
16,151 
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 21 January 2025 and were signed on its behalf by
Vasil Stanchev Director Company Registration No. 8981825
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STANCHEV INTERIORS 2014 LTD. Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
STANCHEV INTERIORS 2014 LTD. is a private company, limited by shares, registered in England and Wales, registration number 8981825. The registered office is 22 Masefield Crescent, Southgate, London, N14 4AG.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
is depreciated on a Straight line basis (cost - residual value) / 3 years
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 May 2023
3,563 
Disposals
(3,563)
At 30 April 2024
- 
Depreciation
At 1 May 2023
3,511 
Charge for the year
52 
On disposals
(3,563)
At 30 April 2024
- 
Net book value
At 30 April 2024
- 
At 30 April 2023
52 
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STANCHEV INTERIORS 2014 LTD. Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,680 
- 
Other debtors
5,350 
9,420 
11,030 
9,420 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
845 
744 
Taxes and social security
6,987 
6,769 
Loans from directors
- 
13,500 
7,832 
21,013 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
12,080 
14,551 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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