Stanley Land and Homes Limited |
Registered number: |
14898119 |
Balance Sheet |
as at 30 September 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Investments |
3 |
|
|
1,507,510 |
|
|
1,507,510 |
|
|
|
|
1,507,510 |
|
|
1,507,510 |
|
Current assets |
Debtors |
|
|
60 |
|
|
60 |
|
Creditors: amounts falling due within one year |
4 |
|
(161,250) |
|
|
(161,250) |
|
Net current liabilities |
|
|
|
(161,190) |
|
|
(161,190) |
|
Total assets less current liabilities |
|
|
|
1,346,320 |
|
|
1,346,320 |
|
Creditors: amounts falling due after more than one year |
5 |
|
|
(322,500) |
|
|
(483,750) |
|
Net assets |
|
|
|
1,023,820 |
|
|
862,570 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
150 |
|
|
150 |
Share premium |
|
|
|
449,910 |
|
|
449,910 |
Profit and loss account |
|
|
|
573,760 |
|
|
412,510 |
|
Shareholders' funds |
|
|
|
1,023,820 |
|
|
862,570 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities under the Companies Act 2006 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 accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
Chistopher Curtis |
Director |
Approved by the board on 8 November 2024 |
|
Stanley Land and Homes Limited |
Notes to the Accounts |
for the year ended 30 September 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. |
|
Investments |
|
Investments in subsidiaries are measured at cost less any accumulated impairment losses. |
|
Debtors |
|
Short term debtors are measured at transaction price. |
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Investments |
Investments in |
subsidiary |
undertakings |
£ |
|
|
Cost at 30 September 2024 |
1,507,510 |
|
|
4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Other creditors |
161,250 |
|
161,250 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due after one year |
2024 |
|
2023 |
£ |
£ |
|
|
Other creditors |
322,500 |
|
483,750 |
|
|
|
|
|
|
|
|
|
|
6 |
Other information |
|
|
Stanley Land and Homes Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
15-17 Ladybridge Road |
|
Cheadle Hulme |
|
Cheadle |
|
SK8 5BL |