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REGISTERED NUMBER: 12324380 (England and Wales)














Financial Statements for the Year Ended 30 April 2024

for

Stern Property & Investments Ltd

Stern Property & Investments Ltd (Registered number: 12324380)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Stern Property & Investments Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr J Stern





REGISTERED OFFICE: 406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: 12324380 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Stern Property & Investments Ltd (Registered number: 12324380)

Statement of Financial Position
30 April 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,430 -

CURRENT ASSETS
Debtors 5 163,160 81,555
Cash at bank and in hand 5,261 7,500
168,421 89,055
CREDITORS
Amounts falling due within one year 6 (170,556 ) (88,950 )
NET CURRENT (LIABILITIES)/ASSETS (2,135 ) 105
TOTAL ASSETS LESS CURRENT LIABILITIES 295 105

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 195 5
SHAREHOLDERS' FUNDS 295 105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Stern Property & Investments Ltd (Registered number: 12324380)

Statement of Financial Position - continued
30 April 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 January 2025 and were signed by:





Mr J Stern - Director


Stern Property & Investments Ltd (Registered number: 12324380)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Stern Property & Investments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 3,240
At 30 April 2024 3,240
DEPRECIATION
Charge for year 810
At 30 April 2024 810
NET BOOK VALUE
At 30 April 2024 2,430

Stern Property & Investments Ltd (Registered number: 12324380)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 8,786 28,864
Other debtors 154,374 52,691
163,160 81,555

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 5,519 -
Trade creditors 13,946 19,901
Taxation and social security 133,501 54,008
Other creditors 17,590 15,041
170,556 88,950

7. RELATED PARTY DISCLOSURES

The Director Mr J Stern is considered to be the key management personnel.