Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-31true2023-11-01falseNo description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03227788 2023-11-01 2024-10-31 03227788 2022-11-01 2023-10-31 03227788 2024-10-31 03227788 2023-10-31 03227788 c:Director1 2023-11-01 2024-10-31 03227788 c:RegisteredOffice 2023-11-01 2024-10-31 03227788 d:CurrentFinancialInstruments 2024-10-31 03227788 d:CurrentFinancialInstruments 2023-10-31 03227788 d:Non-currentFinancialInstruments 2024-10-31 03227788 d:Non-currentFinancialInstruments 2023-10-31 03227788 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 03227788 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 03227788 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 03227788 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 03227788 d:ShareCapital 2024-10-31 03227788 d:ShareCapital 2023-10-31 03227788 d:RetainedEarningsAccumulatedLosses 2024-10-31 03227788 d:RetainedEarningsAccumulatedLosses 2023-10-31 03227788 c:FRS102 2023-11-01 2024-10-31 03227788 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 03227788 c:FullAccounts 2023-11-01 2024-10-31 03227788 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 03227788 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure
Company registration number: 03227788







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2024


STRATTON HOMES LIMITED






































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STRATTON HOMES LIMITED
 


 
COMPANY INFORMATION


Director
M Bovingdon 




Registered number
03227788



Registered office
Lynton House
7-12 Tavistock Square

London

WC1H 9LT




Accountants
Menzies LLP
Chartered Accountants

Lynton House

7-12 Tavistock Square

London

WC1H 9LT





 


STRATTON HOMES LIMITED
REGISTERED NUMBER:03227788



STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
-
17,462

Debtors: amounts falling due within one year
 4 
70,148
92,111

Cash at bank and in hand
  
643
639

  
70,791
110,212

Creditors: amounts falling due within one year
 5 
(324,692)
(311,056)

Net current liabilities
  
 
 
(253,901)
 
 
(200,844)

Total assets less current liabilities
  
(253,901)
(200,844)

Creditors: amounts falling due after more than one year
 6 
(16,064)
(20,833)

  

Net liabilities
  
(269,965)
(221,677)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(269,967)
(221,679)

  
(269,965)
(221,677)


Page 1

 


STRATTON HOMES LIMITED
REGISTERED NUMBER:03227788


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 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 his 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 income and retained earnings 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 by: 




M Bovingdon
Director

Date: 21 January 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


STRATTON HOMES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Stratton Homes Limited is a private company, limited by shares, registered in England and Wales, company registration number is 03227788. The address of the registered office is Lynton House, 7-12 Tavistock Square, London, United Kingdom, WC1H 9LT, the company does not have a prinicpal place of business.

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

Going concern

The company has made a loss during the period. The company has net current liabilities at the year of £253,901 (2023: £200,844). The director is confident that they can continue to make available necessary financial support to the company to meet its liabilities as they fall due. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the financial support.

  
2.3

Foreign currency translation

The financial statements are presented in sterling which is the functional currency of the company and rounded the nearest £.

  
2.4

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 generated by consultancy for the construction sector and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 3

 


STRATTON HOMES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financialassets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loansto related parties and investments in ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reportingperiod for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss isrecognised in the Statement of income and retained earnings.
Financial assets and liabilities are offset and the net amount reported in the Statement of financial positionwhen there is an enforceable right to set off the recognised amounts and there is an intention to settle on a netbasis or to realise the asset and settle the liability simultaneously.


3.


Employees

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


4.


Debtors

2024
2023
£
£


Other debtors
70,053
92,019

Prepayments and accrued income
95
92

70,148
92,111



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
5,046
5,000

Trade creditors
90
-

Other creditors
270,000
270,000

Accruals and deferred income
49,556
36,056

324,692
311,056




Page 4

 


STRATTON HOMES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
16,064
20,833

16,064
20,833



7.


Transactions with directors

Included within other debtors is a balance due from the director, amounting to £42,019 (2023: £63,360).
Amounts advanced during the year totalled £Nil (2023: £Nil).
Amounts repaid during the year totalled £22,521 (2023: £23,899).
Interest arising on these balances totalled £1,180 (2023: £1,965).

 
Page 5