Standard Group Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05793925

Standard Group Limited

Filleted Unaudited Financial Statements

For the year ended

31 July 2024

Standard Group Limited

Financial Statements

Year ended 31 July 2024

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	4

Standard Group Limited

Officers and Professional Advisers

DIRECTOR	K A Malyon

COMPANY SECRETARY	K Harrison

REGISTERED OFFICE	10 Garrard Way
	Telford Way Industrial Estate
	Kettering
	Northamptonshire
	England
	NN16 8TD

ACCOUNTANTS	Streets
	Chartered Accountants
	Potton House
	Wyboston Lakes
	Great North Road
	Wyboston
	Bedford
	MK44 3BZ

BANKERS	HSBC
	22 Abington Street
	Northampton
	NN1 2AN

Standard Group Limited

Statement of Financial Position

31 July 2024

	2024	2023
Note	£	£

Fixed assets

Investments	4	90,130	90,130

Current assets

Debtors	5	300,918	271,543
Cash at bank and in hand		23	148
		---------	---------
		300,941	271,691

Creditors: amounts falling due within one year	6	38,048	6,922
		---------	---------
Net current assets		262,893	264,769
		---------	---------
Total assets less current liabilities		353,023	354,899
		---------	---------
Net assets		353,023	354,899
		---------	---------

Capital and reserves

Called up share capital	60,000	60,000
Capital redemption reserve	25,000	25,000
Profit and loss account	268,023	269,899
	---------	---------
Shareholder funds	353,023	354,899
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Standard Group Limited

Statement of Financial Position (continued)

31 July 2024

These financial statements were approved by the board of directors and authorised for issue on 2 April 2025 , and are signed on behalf of the board by:

K A Malyon
Director

Company registration number: 05793925

Standard Group Limited

Notes to the Financial Statements

Year ended 31 July 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Garrard Way, Telford Way Industrial Estate, Kettering, Northamptonshire, NN16 8TD, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and prepared in sterling, which is the functional currency of the entity.

Going concern

The company is reliant on the continued support of related parties. The director is confident that the support will continue to be sufficient to meet the requirements of the company and the financial statements have therefore been prepared on a going concern basis.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

4. Investments

	Shares in group undertakings
	£
Cost
At 1 August 2023 and 31 July 2024	760,506
	---------
Impairment
At 1 August 2023 and 31 July 2024	670,376
	---------

Carrying amount
At 31 July 2024	90,130
	---------
At 31 July 2023	90,130
	---------

5. Debtors

	2024	2023
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	29,375	–
Other debtors	271,543	271,543
	---------	---------
	300,918	271,543
	---------	---------

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	–	135
Amounts owed to group undertakings and undertakings in which the company has a participating interest	38,038	6,777
Other creditors	10	10
	--------	-------
	38,048	6,922
	--------	-------

7. Controlling party

The company's parent undertaking is Standard Engineering Holdings Limited, a company incorporated in England and Wales and whose Registered Office address is 10 Garrard Way, Telford Way Industrial Estate, Kettering, England, NN16 8TD.