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REGISTERED NUMBER: 02502093 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

The Stunt Company Limited

The Stunt Company Limited (Registered number: 02502093)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Stunt Company Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: W D Michaels
Mrs T S Michaels





SECRETARY: W D Michaels





REGISTERED OFFICE: Poplars Farm
Crouch Lane
Winkfield
Windsor
Berkshire
SL4 4TL





REGISTERED NUMBER: 02502093 (England and Wales)





ACCOUNTANTS: NT Accountancy
Chartered Accountants
43 Lynton Mead
London
N20 8DG

The Stunt Company Limited (Registered number: 02502093)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,106 22,599
Investments 5 50 50
Investment property 6 1,521,494 1,521,494
1,540,650 1,544,143

CURRENT ASSETS
Debtors 7 2,595,767 2,319,773
Cash at bank 222,889 413,184
2,818,656 2,732,957
CREDITORS
Amounts falling due within one year 8 213,487 363,111
NET CURRENT ASSETS 2,605,169 2,369,846
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,145,819

3,913,989

PROVISIONS FOR LIABILITIES 53,850 53,850
NET ASSETS 4,091,969 3,860,139

CAPITAL AND RESERVES
Called up share capital 100 100
Reserve non distributable 9 836,298 836,298
Retained earnings 9 3,255,571 3,023,741
SHAREHOLDERS' FUNDS 4,091,969 3,860,139

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The Stunt Company Limited (Registered number: 02502093)

Balance Sheet - continued
31 May 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 Board of Directors and authorised for issue on 10 February 2025 and were signed on its behalf by:





W D Michaels - Director


The Stunt Company Limited (Registered number: 02502093)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

The Stunt Company Limited 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 as modified by the revaluation of certain assets.

Revenue recognition
Turnover represents interest received from loan advances made.

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

Investment property
Investment property is included in the balance sheet at its fair value as estimated by the directors. Any movements in fair value are recognised in arriving at the profit before tax. Deferred tax is provided on gains in these movements where fair value exceeds the cost of the investment property. Deferred tax is provided at the rate expected to apply when the property is sold.

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 balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

The Stunt Company Limited (Registered number: 02502093)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2023 110,685 15,137 125,822
Additions 1,827 1,047 2,874
At 31 May 2024 112,512 16,184 128,696
DEPRECIATION
At 1 June 2023 93,801 9,422 103,223
Charge for year 4,677 1,690 6,367
At 31 May 2024 98,478 11,112 109,590
NET BOOK VALUE
At 31 May 2024 14,034 5,072 19,106
At 31 May 2023 16,884 5,715 22,599

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 June 2023
and 31 May 2024 50
NET BOOK VALUE
At 31 May 2024 50
At 31 May 2023 50

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 1,521,494
NET BOOK VALUE
At 31 May 2024 1,521,494
At 31 May 2023 1,521,494

The Stunt Company Limited (Registered number: 02502093)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. INVESTMENT PROPERTY - continued

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2007 836,298
Cost 685,196
1,521,494

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 979,430 743,243
Amounts owed by associates 41,851 41,851
Other debtors 796,755 767,802
Directors' current accounts 633,037 633,037
Prepayments 144,694 133,840
2,595,767 2,319,773

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Corporation tax 96,817 273,355
Other creditors 65,139 41,493
Accruals and deferred income 51,531 48,263
213,487 363,111

9. RESERVES
Reserve
Retained non
earnings distributable Totals
£    £    £   

At 1 June 2023 3,023,741 836,298 3,860,039
Profit for the year 279,830 279,830
Dividends (48,000 ) (48,000 )
At 31 May 2024 3,255,571 836,298 4,091,869

Non distributable reserves represents the gain in fair value over and above the cost of the investment property. Deferred tax has been provided within the accounts on the gain in fair value.

The Stunt Company Limited (Registered number: 02502093)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
W D Michaels
Balance outstanding at start of year 633,037 -
Amounts advanced - 633,037
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 633,037 633,037

During the year, the director has been charged a rate of Interest of 2.25% on the outstanding loan.The outstanding loan as at 31st May 2024 has been classified in debtors.