Silverfin false false 30/09/2024 24/10/2023 30/09/2024 Sir R C Brooke Mr P W Brown 03 March 2025 The principal activity of the company is that of the management of two hotels and restaurants. 15232398 2024-09-30 15232398 core:CurrentFinancialInstruments 2024-09-30 15232398 core:ShareCapital 2024-09-30 15232398 core:RetainedEarningsAccumulatedLosses 2024-09-30 15232398 core:FurnitureFittings 2023-10-23 15232398 2023-10-23 15232398 core:FurnitureFittings 2024-09-30 15232398 bus:OrdinaryShareClass1 2024-09-30 15232398 2023-10-24 2024-09-30 15232398 bus:FilletedAccounts 2023-10-24 2024-09-30 15232398 bus:SmallEntities 2023-10-24 2024-09-30 15232398 bus:AuditExemptWithAccountantsReport 2023-10-24 2024-09-30 15232398 bus:PrivateLimitedCompanyLtd 2023-10-24 2024-09-30 15232398 bus:Director1 2023-10-24 2024-09-30 15232398 bus:Director2 2023-10-24 2024-09-30 15232398 core:FurnitureFittings core:TopRangeValue 2023-10-24 2024-09-30 15232398 core:FurnitureFittings 2023-10-24 2024-09-30 15232398 bus:OrdinaryShareClass1 2023-10-24 2024-09-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 15232398 (England and Wales)

THE 100 (STAMFORD) LIMITED

Unaudited Financial Statements
For the financial period from 24 October 2023 to 30 September 2024
Pages for filing with the registrar

THE 100 (STAMFORD) LIMITED

Unaudited Financial Statements

For the financial period from 24 October 2023 to 30 September 2024

Contents

THE 100 (STAMFORD) LIMITED

BALANCE SHEET

As at 30 September 2024
THE 100 (STAMFORD) LIMITED

BALANCE SHEET (continued)

As at 30 September 2024
Note 30.09.2024
£
Fixed assets
Tangible assets 3 191,055
191,055
Current assets
Stocks 30,325
Debtors 4 596,577
Cash at bank and in hand 98,832
725,734
Creditors: amounts falling due within one year 5 ( 606,459)
Net current assets 119,275
Total assets less current liabilities 310,330
Provision for liabilities ( 47,318)
Net assets 263,012
Capital and reserves
Called-up share capital 6 1
Profit and loss account 263,011
Total shareholder's funds 263,012

For the financial period ending 30 September 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of The 100 (Stamford) Limited (registered number: 15232398) were approved and authorised for issue by the Board of Directors on 03 March 2025. They were signed on its behalf by:

Mr P W Brown
Director
THE 100 (STAMFORD) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 24 October 2023 to 30 September 2024
THE 100 (STAMFORD) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 24 October 2023 to 30 September 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

The 100 (Stamford) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales.
The address of the Company's registered office is
Hitchcock House,
Hilltop Park,
Devizes Road,
Salisbury,
SP3 4UF,
United Kingdom.

The principal place of business is:
The Bull and Swan and The William Cecil
High Street
St Martins
Stamford
United Kingdom
PE9 2LJ

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers, net of VAT and trade discounts. For bar and restaurant sales, income is recognised on provision of the service to the customer. Hotel room rates and associated income is recognised when the service is provided.

Taxation

Current tax
Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax
Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Fixtures and fittings 10 years straight line
Stocks

Stock comprises raw materials and goods for resale, and is valued at the lower of cost and net realisable value.
The cost of raw materials and goods for resale is purchase price on a FIFO basis. Net realisable value is calculated as the selling price of goods for resale less any costs of sale. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than the cost of manufacture.

Financial instruments

Classification
The company holds the following financial instruments:
• Short term trade and other debtors and creditors;
• Cash and bank balances.
All financial instruments are classified as basic.

Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

2. Employees

Period from
24.10.2023 to
30.09.2024
Number
Monthly average number of persons employed by the Company during the period, including directors 75

3. Tangible assets

Fixtures and fittings Total
£ £
Cost
At 24 October 2023 0 0
Additions 198,322 198,322
At 30 September 2024 198,322 198,322
Accumulated depreciation
At 24 October 2023 0 0
Charge for the financial period 7,267 7,267
At 30 September 2024 7,267 7,267
Net book value
At 30 September 2024 191,055 191,055

4. Debtors

30.09.2024
£
Trade debtors 7,649
Amounts owed by Group undertakings 553,988
Prepayments 29,960
Other debtors 4,980
596,577

5. Creditors: amounts falling due within one year

30.09.2024
£
Trade creditors 144,166
Amounts owed to Group undertakings 579
Accruals 30,912
Taxation and social security 193,462
Other creditors 237,340
606,459

6. Called-up share capital

30.09.2024
£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1

1 ordinary share of £1 each was issued on 24 October 2023

7. Financial commitments

The total amount of financial commitments not included in the balance sheet is £1,611,000. Out of this, £379,082 is due within a year.

8. Ultimate controlling party

Parent Company:

The 100 Property Company Limited
Hitchcock House, Hilltop Park, Devizes road, Salisbury, SP3 4UF, United Kingdom