Caseware UK (AP4) 2023.0.135 2023.0.135 2023-08-01falseNo description of principal activity33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10764370 2023-08-01 2024-07-31 10764370 2022-08-01 2023-07-31 10764370 2024-07-31 10764370 2023-07-31 10764370 c:Director1 2023-08-01 2024-07-31 10764370 d:MotorVehicles 2023-08-01 2024-07-31 10764370 d:MotorVehicles 2024-07-31 10764370 d:MotorVehicles 2023-07-31 10764370 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 10764370 d:FurnitureFittings 2023-08-01 2024-07-31 10764370 d:FurnitureFittings 2024-07-31 10764370 d:FurnitureFittings 2023-07-31 10764370 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 10764370 d:ComputerEquipment 2023-08-01 2024-07-31 10764370 d:ComputerEquipment 2024-07-31 10764370 d:ComputerEquipment 2023-07-31 10764370 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 10764370 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 10764370 d:CurrentFinancialInstruments 2024-07-31 10764370 d:CurrentFinancialInstruments 2023-07-31 10764370 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 10764370 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 10764370 d:ShareCapital 2024-07-31 10764370 d:ShareCapital 2023-07-31 10764370 d:RetainedEarningsAccumulatedLosses 2024-07-31 10764370 d:RetainedEarningsAccumulatedLosses 2023-07-31 10764370 c:FRS102 2023-08-01 2024-07-31 10764370 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10764370 c:FullAccounts 2023-08-01 2024-07-31 10764370 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10764370 d:WithinOneYear 2024-07-31 10764370 d:WithinOneYear 2023-07-31 10764370 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Registered number: 10764370













Stobart Capital Limited

Financial statements
Information for filing with the registrar

31 July 2024




 
Stobart Capital Limited


Balance sheet
At 31 July 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
7,748
45,925

  
7,748
45,925

Current assets
  

Debtors
 5 
108,390
61,808

Cash at bank and in hand
  
1,518
3,137

  
109,908
64,945

Creditors: amounts falling due within one year
 6 
(5,746,688)
(5,574,787)

Net current liabilities
  
 
 
(5,636,780)
 
 
(5,509,842)

Total assets less current liabilities
  
(5,629,032)
(5,463,917)

  

Net liabilities
  
(5,629,032)
(5,463,917)


Capital and reserves
  

Called up share capital 
  
1,250
1,250

Profit and loss account
  
(5,630,282)
(5,465,167)

Shareholders' deficit
  
(5,629,032)
(5,463,917)


1

 
Stobart Capital Limited

    
Balance sheet (continued)
At 31 July 2024

The director considers 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 director acknowledges his 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 on 16 April 2025.




W A Tinkler
Director

Company registered number: 10764370
The notes on pages 3 to 5 form part of these financial statements. 

2

 
Stobart Capital 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 Fifteen Montgomery Way, Rosehill Industrial Estate, Carlisle, CA1 2RW.

2.Accounting policies

 
2.1

Statement of compliance

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of |Ireland' (FRS 102) and the Companies Act 2006.

 
2.2

Going concern

The financial statements have been prepared on a going concern basis, the validity of which depends upon the continued support of the director and shareholders.

 
2.3

Revenue

Turnover represents fees received net of Value Added Tax.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
straight line
Fixtures and fittings
-
25%
straight line
Computer equipment
-
25%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

3

 
Stobart Capital Limited
 
 

Notes to the financial statements
Year ended 31 July 2024

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 August 2023
245,652
5,499
8,698
259,849



At 31 July 2024

245,652
5,499
8,698
259,849



Depreciation


At 1 August 2023
202,977
3,201
7,746
213,924


Charge for the year
36,581
1,100
496
38,177



At 31 July 2024

239,558
4,301
8,242
252,101



Net book value



At 31 July 2024
6,094
1,198
456
7,748



At 31 July 2023
42,675
2,298
952
45,925

4

 
Stobart Capital Limited
 
 

Notes to the financial statements
Year ended 31 July 2024

5.


Debtors

2024
2023
£
£


Trade debtors
84,923
40,000

Other debtors
749
749

Prepayments and accrued income
22,718
21,059

108,390
61,808



6.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
22,984
24,520

Other taxation and social security
48,557
45,190

Other creditors
4,628,499
4,461,101

Accruals and deferred income
1,046,648
1,043,976

5,746,688
5,574,787



7.


Commitments under operating leases

At 31 July 2024 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
-
22,000

-
22,000


8.


Related party transactions

During the year, the director used a loan account to record amounts due to and from the company. At the end of the year, the balance due from the company to the director was £4,627,648 (2023 £4,442,663 due from the company). The loan is unsecured, interest free and no fixed terms of repayment have been agreed.

 
5