1 STANLEY PLACE LIMITED

Company Registration Number:
01604876 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

1 STANLEY PLACE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

1 STANLEY PLACE LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 10,085 15,127
Tangible assets: 4 869,765 875,527
Total fixed assets: 879,850 890,654
Current assets
Debtors: 5 162,421 207,126
Cash at bank and in hand: 98,627 20,812
Total current assets: 261,048 227,938
Creditors: amounts falling due within one year: 6 (173,351) (182,643)
Net current assets (liabilities): 87,697 45,295
Total assets less current liabilities: 967,547 935,949
Creditors: amounts falling due after more than one year: 7 (177,182) (218,129)
Provision for liabilities: (4,856) (5,851)
Total net assets (liabilities): 785,509 711,969
Capital and reserves
Called up share capital: 1,787 1,787
Share premium account: 246,601 246,601
Profit and loss account: 537,121 463,581
Shareholders funds: 785,509 711,969

The notes form part of these financial statements

1 STANLEY PLACE LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 February 2025
and signed on behalf of the board by:

Name: Mr Robert Hornby
Status: Director

The notes form part of these financial statements

1 STANLEY PLACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised

Tangible fixed assets and depreciation policy

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Intangible fixed assets and amortisation policy

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

1 STANLEY PLACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 12 12

1 STANLEY PLACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Intangible Assets

Total
Cost £
At 01 April 2023 31,105
At 31 March 2024 31,105
Amortisation
At 01 April 2023 15,978
Charge for year 5,042
At 31 March 2024 21,020
Net book value
At 31 March 2024 10,085
At 31 March 2023 15,127

1 STANLEY PLACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 1,139,007
Additions 2,703
At 31 March 2024 1,141,710
Depreciation
At 01 April 2023 263,480
Charge for year 8,465
At 31 March 2024 271,945
Net book value
At 31 March 2024 869,765
At 31 March 2023 875,527

1 STANLEY PLACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 162,421 207,126

1 STANLEY PLACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

£2024 £2023 Bank loans 46,034 44,187 Trade creditors 21,281 71,225 Corporation tax 36,769 237 Other taxation and social security - 11,640 Other creditors 5,681 685 Accruals and deferred income 63,586 54,669 173,351 182,643

1 STANLEY PLACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Creditors: amounts falling due after more than one year note

2024 2023 £ £ Bank loans 177,182 218,129 177,182 218,129