Company registration number 02296405 (England and Wales)
STERLING CHASE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 12 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
STERLING CHASE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
STERLING CHASE LIMITED
BALANCE SHEET
AS AT 12 JANUARY 2025
12 January 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,291,618
1,397,252
Current assets
Debtors
3
400
1,026
Cash at bank and in hand
184,710
63,909
185,110
64,935
Creditors: amounts falling due within one year
4
(510,181)
(495,135)
Net current liabilities
(325,071)
(430,200)
Total assets less current liabilities
966,547
967,052
Provisions for liabilities
(110,772)
(388)
Net assets
855,775
966,664
Capital and reserves
Called up share capital
5
2
2
Revaluation reserve
704,529
810,203
Profit and loss reserves
151,244
156,459
Total equity
855,775
966,664

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial period ended 12 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges her 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 period in question in accordance with section 476.

These financial statements have been prepared 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 27 March 2025 and are signed on its behalf by:
Mrs A Clay-Johnson
Director
Company Registration No. 02296405
STERLING CHASE LIMITED
BALANCE SHEET (CONTINUED)
AS AT 12 JANUARY 2025
12 January 2025
- 2 -
1
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
2024
Number
Number
Total
2
2
2
Tangible fixed assets
Land and buildings
Plant and machinery
Total
£
£
£
Cost
At 1 June 2024
1,395,209
7,647
1,402,856
Disposals
(110,000)
-
0
(110,000)
Revaluation
4,791
-
0
4,791
At 12 January 2025
1,290,000
7,647
1,297,647
Depreciation and impairment
At 1 June 2024
-
0
5,604
5,604
Depreciation charged in the period
-
0
425
425
At 12 January 2025
-
0
6,029
6,029
Carrying amount
At 12 January 2025
1,290,000
1,618
1,291,618
At 31 May 2024
1,395,209
2,043
1,397,252
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
400
1,026
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
180
-
0
Taxation and social security
23,867
6,254
Other creditors
486,134
488,881
510,181
495,135
STERLING CHASE LIMITED
BALANCE SHEET (CONTINUED)
AS AT 12 JANUARY 2025
12 January 2025
- 3 -
5
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
2
2
2
2
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