Registered number
05580244
Stampede UK Limited
Unaudited Filleted Accounts
31 July 2024
Stampede UK Limited
Registered number: 05580244
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 678,475 678,475
Current assets
Stocks - 116,823
Debtors 4 2,007,505 1,763,464
Cash at bank and in hand 46,412 13,756
2,053,917 1,894,043
Creditors: amounts falling due within one year 5 (1,732,636) (1,732,754)
Net current assets 321,281 161,289
Total assets less current liabilities 999,756 839,764
Creditors: amounts falling due after more than one year 6 (543,399) (602,229)
Net assets 456,357 237,535
Capital and reserves
Called up share capital 100 100
Profit and loss account 456,257 237,435
Shareholders' funds 456,357 237,535
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 for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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.
Susan Stride
Director
Approved by the board on 11 March 2025
Stampede UK Limited
Notes to the Accounts
for the year ended 31 July 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. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 August 2023 678,475
At 31 July 2024 678,475
4 Debtors 2024 2023
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 2,007,460 1,763,421
Other debtors 45 43
2,007,505 1,763,464
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 58,849 55,996
Trade creditors - 4
Amounts owed to group undertakings and undertakings in which the company has a participating interest 1,669,220 1,672,000
Other creditors 4,567 4,754
1,732,636 1,732,754
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 543,399 602,229
7 Loans 2024 2023
£ £
Creditors include:
Instalments falling due for payment after more than five years 256,434 336,929
Secured bank loans 602,248 658,225
The secured bank loans are secured against all assets of the company.
8 Related party transactions
Primrose Hill Residential Park Limited
UK-based Subsidiary

At the reporting date, the Company was owed £2,007,460 by Primrose Hill Residential Park Limited. This loan has no set repayment terms.

Rusty Well Park Limited
UK-based Subsidiary

At the reporting date, the Company owed £117,220 to Rusty Well Park Limited. This loan has no set repayment terms.

Possey Limited

At the reporting date, the Company owed £1,552,000 to Possey Limited. This loan has no set repayment terms.
9 Other information
Stampede UK Limited is a private company limited by shares and incorporated in England. Its registered office is:
1 St. Andrews Lane
Tangmere
Chichester
West Sussex
PO20 2HQ
Stampede UK Limited 05580244 false 2023-08-01 2024-07-31 2024-07-31 VT Final Accounts July 2024 Susan Stride No description of principal activity 05580244 2022-08-01 2023-07-31 05580244 core:WithinOneYear 2023-07-31 05580244 core:AfterOneYear 2023-07-31 05580244 core:ShareCapital 2023-07-31 05580244 core:RetainedEarningsAccumulatedLosses 2023-07-31 05580244 2023-08-01 2024-07-31 05580244 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05580244 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 05580244 bus:Director40 2023-08-01 2024-07-31 05580244 1 2023-08-01 2024-07-31 05580244 2 2023-08-01 2024-07-31 05580244 countries:England 2023-08-01 2024-07-31 05580244 bus:FRS102 2023-08-01 2024-07-31 05580244 bus:FilletedAccounts 2023-08-01 2024-07-31 05580244 2024-07-31 05580244 core:WithinOneYear 2024-07-31 05580244 core:AfterOneYear 2024-07-31 05580244 core:ShareCapital 2024-07-31 05580244 core:RetainedEarningsAccumulatedLosses 2024-07-31 05580244 2023-07-31 iso4217:GBP xbrli:pure