Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30false2023-07-01truedevelopment of building projects44trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09156717 2023-07-01 2024-06-30 09156717 2022-07-01 2023-06-30 09156717 2024-06-30 09156717 2023-06-30 09156717 c:Director1 2023-07-01 2024-06-30 09156717 c:Director2 2023-07-01 2024-06-30 09156717 d:CurrentFinancialInstruments 2024-06-30 09156717 d:CurrentFinancialInstruments 2023-06-30 09156717 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 09156717 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 09156717 d:ShareCapital 2024-06-30 09156717 d:ShareCapital 2023-06-30 09156717 d:RetainedEarningsAccumulatedLosses 2024-06-30 09156717 d:RetainedEarningsAccumulatedLosses 2023-06-30 09156717 c:FRS102 2023-07-01 2024-06-30 09156717 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09156717 c:FullAccounts 2023-07-01 2024-06-30 09156717 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09156717 2 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Registered number: 09156717






STAMP DEVELOPMENTS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










img2999.png

 
STAMP DEVELOPMENTS LIMITED
REGISTERED NUMBER:09156717

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
607,793
610,419

Cash at bank and in hand
 5 
4,134
695

  
611,927
611,114

Creditors: amounts falling due within one year
 6 
(27,243)
(22,328)

Net current assets
  
 
 
584,684
 
 
588,786

Total assets less current liabilities
  
584,684
588,786

  

Net assets
  
584,684
588,786


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
584,584
588,686

  
584,684
588,786

Page 1

 
STAMP DEVELOPMENTS LIMITED
REGISTERED NUMBER:09156717
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
B Stamp
................................................
M Hart
Director
Director


Date: 20 March 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
STAMP DEVELOPMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Stamp Developments Limited is a private company limited by shares, incorporated in England and Wales.
Its registered office is Phoenix House, Redhill Aerodrome, Kings Mill Lane, Redhill, Surrey, RH1 5JY.
The prinicipal activity of the company is the development of building projects. 
The company is in the process of resolving a dispute over the costs which it has been billed by its main contractor. The company continues to look at potential development projects in a difficult market.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors intend to liquidate the company and the financial statements have been prepared  on a basis other than going concern.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
STAMP DEVELOPMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.7

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in 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 the Statement of comprehensive income.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet 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.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).

Page 4

 
STAMP DEVELOPMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Debtors

2024
2023
£
£


Other debtors
607,793
610,419

607,793
610,419



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
4,134
695

4,134
695



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
12,814
9,897

Other creditors
12,629
10,631

Accruals and deferred income
1,800
1,800

27,243
22,328


 
Page 5