0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 14,251 13,473 195 13,668 583 778 xbrli:pure xbrli:shares iso4217:GBP 03630733 2023-01-01 2023-12-31 03630733 2023-12-31 03630733 2022-12-31 03630733 2022-01-01 2022-12-31 03630733 2022-12-31 03630733 2021-12-31 03630733 core:PlantMachinery 2023-01-01 2023-12-31 03630733 bus:Director1 2023-01-01 2023-12-31 03630733 bus:Director3 2023-01-01 2023-12-31 03630733 core:PlantMachinery 2022-12-31 03630733 core:PlantMachinery 2023-12-31 03630733 core:WithinOneYear 2023-12-31 03630733 core:WithinOneYear 2022-12-31 03630733 core:RetainedEarningsAccumulatedLosses 2023-12-31 03630733 core:RetainedEarningsAccumulatedLosses 2022-12-31 03630733 core:PlantMachinery 2022-12-31 03630733 bus:SmallEntities 2023-01-01 2023-12-31 03630733 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 03630733 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 03630733 bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 03630733 bus:FullAccounts 2023-01-01 2023-12-31
COMPANY REGISTRATION NUMBER: 03630733
Staverton Connection Limited
Company Limited by Guarantee
Filleted Unaudited Financial Statements
31 December 2023
Staverton Connection Limited
Company Limited by Guarantee
Financial Statements
Year ended 31 December 2023
Contents
Page
Statement of financial position
1
Notes to the financial statements
3
Staverton Connection Limited
Company Limited by Guarantee
Statement of Financial Position
31 December 2023
2023
2022
Note
£
£
£
Fixed assets
Tangible assets
5
583
778
Current assets
Debtors
6
777
1,376
Cash at bank and in hand
40,539
40,427
--------
--------
41,316
41,803
Creditors: amounts falling due within one year
7
1,689
910
--------
--------
Net current assets
39,627
40,893
--------
--------
Total assets less current liabilities
40,210
41,671
--------
--------
Net assets
40,210
41,671
--------
--------
Capital and reserves
Retained earnings
40,210
41,671
--------
--------
Members funds
40,210
41,671
--------
--------
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 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Staverton Connection Limited
Company Limited by Guarantee
Statement of Financial Position (continued)
31 December 2023
These financial statements were approved by the board of directors and authorised for issue on 4 April 2025 , and are signed on behalf of the board by:
Mr C N Tee
Mr C E Malone
Director
Director
Company registration number: 03630733
Staverton Connection Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 December 2023
1. General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Unit C, Staverton Connection, Gloucester Road, Cheltenham, GL51 0TF.
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. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Income represents the value of service charges to tenants during the year.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:
Security Equipment
-
25% reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
4. Company limited by guarantee
The company is Limited by Guarantee and therefore has no share capital.
5. Tangible assets
Security Equipment
£
Cost
At 1 January 2023 and 31 December 2023
14,251
--------
Depreciation
At 1 January 2023
13,473
Charge for the year
195
--------
At 31 December 2023
13,668
--------
Carrying amount
At 31 December 2023
583
--------
At 31 December 2022
778
--------
6. Debtors
2023
2022
£
£
Service debtors
600
1,200
Other debtors
177
176
----
-------
777
1,376
----
-------
7. Creditors: amounts falling due within one year
2023
2022
£
£
Service creditors
189
190
Other creditors
1,500
720
-------
----
1,689
910
-------
----