Registration number:
Stem Holdings Limited
for the Period from 13 July 2023 to 31 October 2024
Stem Holdings Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Stem Holdings Limited
Company Information
Director |
S P Webb |
Registered office |
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Accountants |
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Stem Holdings Limited
(Registration number: 15000949)
Balance Sheet as at 31 October 2024
Note |
2024 |
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
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Net current liabilities |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
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Net liabilities |
( |
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Capital and reserves |
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Called up share capital |
100 |
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Retained earnings |
(1,200) |
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Shareholders' deficit |
(1,100) |
For the financial period ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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Stem Holdings Limited
Notes to the Unaudited Financial Statements for the Period from 13 July 2023 to 31 October 2024
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Group accounts not prepared
Going concern
The financial statements have been prepared on a going concern basis.
Investments
Investments in subsidiaries are included at cost.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Staff numbers |
The average number of persons employed by the company (including the director) during the period, was
Stem Holdings Limited
Notes to the Unaudited Financial Statements for the Period from 13 July 2023 to 31 October 2024
Investments |
2024 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
Cost or valuation |
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Additions |
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Provision |
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Carrying amount |
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At 31 October 2024 |
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Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
2024 |
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Subsidiary undertakings |
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Unit 11 Woolmer Way Industrial Estate, Bordon, Hampshire, GU35 9QE England |
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Subsidiary undertakings |
Fenwood Bowen Limited The principal activity of Fenwood Bowen Limited is |
Debtors |
Current |
2024 |
Other debtors |
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Stem Holdings Limited
Notes to the Unaudited Financial Statements for the Period from 13 July 2023 to 31 October 2024
Creditors |
Creditors: amounts falling due within one year
2024 |
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Due within one year |
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Accruals and deferred income |
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Other creditors |
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Creditors: amounts falling due after more than one year
2024 |
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Due after one year |
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Other non-current financial liabilities |
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Share capital |
Allotted, called up and fully paid shares
2024 |
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No. |
£ |
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70 |
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30 |
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Related party transactions |
Other transactions with the director |
The company owed the director £2,200 as at 31 October 2024. This is repayable on demand and is shown in current labilities.
Summary of transactions with subsidiaries
Summary of transactions with associates
At 31 October 2024 the company owed Longmead Land Ltd £150,000, due for payment in two instalments of £75,000 each, payable on 4 December 2024 and 4 December 2025.