Company registration number 10747914 (England and Wales)
STAMFORD AUCTION ROOMS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
STAMFORD AUCTION ROOMS LIMITED
BALANCE SHEET
AS AT
31 MAY 2024
31 May 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
31,137
39,563
Current assets
297,911
380,070
Prepayments and accrued income
3,805
2,230
Creditors: amounts falling due within one year
(190,153)
(195,362)
Net current assets
111,563
186,938
Total assets less current liabilities
142,700
226,501
Creditors: amounts falling due after more than one year
(68,126)
(97,888)
Net assets
74,574
128,613
Capital and reserves
74,574
128,613
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

At the year end, the company owed the director £831 (2023: £25,090 owed by the director). The advances and repayments were £24,280 (2023: £58,455) and £50,201 (2023: £54,945) respectively. No interest was charged on the loan.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
7
5

Stamford Auction Rooms Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 7A, Meadow View Industrial Estate, Uffington Road, Stamford, PE9 2EX.

For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

STAMFORD AUCTION ROOMS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MAY 2024
31 May 2024
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 20 February 2025 and are signed on its behalf by:
J Wall
Director
Company registration number 10747914 (England and Wales)
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