Silverfin false false 30/09/2024 01/10/2023 30/09/2024 Gillian Mary Beveridge 31/05/2005 James Edward Beveridge 15/06/2011 Matthew Charles Beveridge 15/06/2011 25 March 2025 no description of principal activity 04456000 2024-09-30 04456000 bus:Director1 2024-09-30 04456000 bus:Director2 2024-09-30 04456000 bus:Director3 2024-09-30 04456000 2023-09-30 04456000 core:CurrentFinancialInstruments 2024-09-30 04456000 core:CurrentFinancialInstruments 2023-09-30 04456000 core:ShareCapital 2024-09-30 04456000 core:ShareCapital 2023-09-30 04456000 core:RevaluationReserve 2024-09-30 04456000 core:RevaluationReserve 2023-09-30 04456000 core:RetainedEarningsAccumulatedLosses 2024-09-30 04456000 core:RetainedEarningsAccumulatedLosses 2023-09-30 04456000 2023-10-01 2024-09-30 04456000 bus:FilletedAccounts 2023-10-01 2024-09-30 04456000 bus:SmallEntities 2023-10-01 2024-09-30 04456000 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 04456000 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04456000 bus:Director1 2023-10-01 2024-09-30 04456000 bus:Director2 2023-10-01 2024-09-30 04456000 bus:Director3 2023-10-01 2024-09-30 04456000 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure

Company No: 04456000 (England and Wales)

STEINDEAL SERVICES LIMITED

Unaudited Financial Statements
For the financial year ended 30 September 2024
Pages for filing with the registrar

STEINDEAL SERVICES LIMITED

Unaudited Financial Statements

For the financial year ended 30 September 2024

Contents

STEINDEAL SERVICES LIMITED

COMPANY INFORMATION

For the financial year ended 30 September 2024
STEINDEAL SERVICES LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 September 2024
Directors Gillian Mary Beveridge
James Edward Beveridge
Matthew Charles Beveridge
Secretary Gillian Mary Beveridge
Registered office 2nd Floor
Maritime Place Quayside
Chatham Maritime
Chatham
ME4 4QZ
United Kingdom
Company number 04456000 (England and Wales)
Accountant Kreston Reeves LLP
2nd Floor, Maritime Place
Quayside
Chatham Maritime
Chatham
Kent
ME4 4QZ
Bankers Lloyds TSB
Woodside
High Street
Cranbrook
Kent
TN17 3DJ

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF STEINDEAL SERVICES LIMITED

For the financial year ended 30 September 2024

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF STEINDEAL SERVICES LIMITED (continued)

For the financial year ended 30 September 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Steindeal Services Limited for the financial year ended 30 September 2024 which comprise the Balance Sheet and the related notes 1 to 5 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

It is your duty to ensure that Steindeal Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Steindeal Services Limited. You consider that Steindeal Services Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Steindeal Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Board of Directors of Steindeal Services Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Steindeal Services Limited and state those matters that we have agreed to state to the Board of Directors of Steindeal Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Steindeal Services Limited and its Board of Directors as a body for our work or for this report.

Kreston Reeves LLP
Chartered Accountants

2nd Floor, Maritime Place
Quayside
Chatham Maritime
Chatham
Kent
ME4 4QZ

25 March 2025

STEINDEAL SERVICES LIMITED

BALANCE SHEET

As at 30 September 2024
STEINDEAL SERVICES LIMITED

BALANCE SHEET (continued)

As at 30 September 2024
Note 2024 2023
£ £
Fixed assets
Investment property 3 623,685 623,685
623,685 623,685
Current assets
Debtors 4 0 698
Cash at bank and in hand 23,208 101,981
23,208 102,679
Creditors: amounts falling due within one year 5 ( 9,723) ( 112,538)
Net current assets/(liabilities) 13,485 (9,859)
Total assets less current liabilities 637,170 613,826
Net assets 637,170 613,826
Capital and reserves
Called-up share capital 345,000 345,000
Revaluation reserve 88,518 88,518
Profit and loss account 203,652 180,308
Total shareholders' funds 637,170 613,826

For the financial year 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 Steindeal Services Limited (registered number: 04456000) were approved and authorised for issue by the Board of Directors on 25 March 2025. They were signed on its behalf by:

Gillian Mary Beveridge
Director
STEINDEAL SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
STEINDEAL SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
1. Accounting policies

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

General information and basis of accounting

Steindeal Services 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 2nd Floor, Maritime Place Quayside, Chatham Maritime, Chatham, ME4 4QZ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the directors, on an open market value for existing use basis.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Investment property

Investment property
£
Valuation
As at 01 October 2023 623,685
As at 30 September 2024 623,685

Split between Freehold and Leasehold property

The net book value of land and buildings may be further analysed as follows:

2024 2023
£ £
Freehold 323,685 323,685
Long leasehold 300,000 300,000
623,685 623,685

The 2024 valuations were made by the Directors, on an open market value for existing use basis.

4. Debtors

2024 2023
£ £
Trade debtors 0 698

5. Creditors: amounts falling due within one year

2024 2023
£ £
Taxation and social security 5,476 5,724
Other creditors 4,247 106,814
9,723 112,538