IRIS Accounts Production v24.3.0.553 10061153 director 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh100611532023-06-30100611532024-06-30100611532023-07-012024-06-30100611532022-06-30100611532022-07-012023-06-30100611532023-06-3010061153ns15:EnglandWales2023-07-012024-06-3010061153ns14:PoundSterling2023-07-012024-06-3010061153ns10:Director12023-07-012024-06-3010061153ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3010061153ns10:SmallEntities2023-07-012024-06-3010061153ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3010061153ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3010061153ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3010061153ns10:FullAccounts2023-07-012024-06-3010061153ns10:CompanySecretary12023-07-012024-06-3010061153ns10:RegisteredOffice2023-07-012024-06-3010061153ns5:CurrentFinancialInstruments2024-06-3010061153ns5:CurrentFinancialInstruments2023-06-3010061153ns5:Non-currentFinancialInstruments2024-06-3010061153ns5:Non-currentFinancialInstruments2023-06-3010061153ns5:ShareCapital2024-06-3010061153ns5:ShareCapital2023-06-3010061153ns5:RetainedEarningsAccumulatedLosses2024-06-3010061153ns5:RetainedEarningsAccumulatedLosses2023-06-3010061153ns5:PlantMachinery2023-07-012024-06-3010061153ns5:PlantMachinery2023-06-3010061153ns5:PlantMachinery2024-06-3010061153ns5:PlantMachinery2023-06-3010061153ns5:AdditionsToInvestments2024-06-3010061153ns5:CostValuation2024-06-3010061153ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3010061153ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30100611531ns10:Director12023-06-30100611531ns10:Director12022-06-30100611531ns10:Director12023-07-012024-06-30100611531ns10:Director12022-07-012023-06-30100611531ns10:Director12024-06-30100611531ns10:Director12023-06-30
REGISTERED NUMBER: 10061153 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Stanmore Townsend Limited

Stanmore Townsend Limited (Registered number: 10061153)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stanmore Townsend Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: G E Fulton





SECRETARY: Ms J L Claridge





REGISTERED OFFICE: 9 St George's Yard
Farnham
Surrey
GU9 7LW





REGISTERED NUMBER: 10061153 (England and Wales)





ACCOUNTANTS: Blackwood Futcher & Co.
Chartered Accountants
9 St George's Yard
Farnham
Surrey
GU9 7LW

Stanmore Townsend Limited (Registered number: 10061153)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,987 1,699
Investments 5 50 -
4,037 1,699

CURRENT ASSETS
Debtors 6 135,575 120,489
Cash at bank 57,708 29,712
193,283 150,201
CREDITORS
Amounts falling due within one year 7 42,054 86,455
NET CURRENT ASSETS 151,229 63,746
TOTAL ASSETS LESS CURRENT
LIABILITIES

155,266

65,445

CREDITORS
Amounts falling due after more than one year 8 (16,518 ) (19,880 )

PROVISIONS FOR LIABILITIES (997 ) (323 )
NET ASSETS 137,751 45,242

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 137,649 45,140
137,751 45,242

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Stanmore Townsend Limited (Registered number: 10061153)

Balance Sheet - continued
30 June 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 11 December 2024 and were signed by:





G E Fulton - Director


Stanmore Townsend Limited (Registered number: 10061153)

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

1. STATUTORY INFORMATION

Stanmore Townsend 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.

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.
Plant and machinery etc - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.


Stanmore Townsend Limited (Registered number: 10061153)

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

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Impairment of non-financial assets
At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.

If an impairment loss is subsequently reversed, the carrying amount of the asset or group of related assets is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset or group of related assets in prior periods. A reversal of an impairment loss is recognised immediately in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 5,793
Additions 3,750
At 30 June 2024 9,543
DEPRECIATION
At 1 July 2023 4,095
Charge for year 1,461
At 30 June 2024 5,556
NET BOOK VALUE
At 30 June 2024 3,987
At 30 June 2023 1,698

Stanmore Townsend Limited (Registered number: 10061153)

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 50
At 30 June 2024 50
NET BOOK VALUE
At 30 June 2024 50

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 30,232 -
Other debtors 105,343 120,489
135,575 120,489

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 3,360 3,360
Taxation and social security 36,712 14,295
Other creditors 1,982 68,800
42,054 86,455

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 16,518 19,880

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
G E Fulton and Ms J L Claridge
Balance outstanding at start of year - 29,640
Amounts advanced 73,807 4,000
Amounts repaid (71,144 ) (33,640 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,663 -

During the year the company provided the directors with a loan. The maximum balance outstanding during the year was £12,686. No interest was charged on the loan.

10. RELATED PARTY DISCLOSURES

Included in other debtors at the balance sheet date is an amount of £100,487 (2023 - £118,701) due from Fulton & Brown Limited, a company in which the director of the company has a material interest.