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REGISTERED NUMBER: 11203418 (England and Wales)










Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Stella Property Ltd

Stella Property Ltd (Registered number: 11203418)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 4


Stella Property Ltd

Company Information
for the Year Ended 28 February 2025







DIRECTORS: Mrs V Colman
M Colman





REGISTERED OFFICE: Charter House, Wyvern Court
Stanier Way
Wyvern Business Park
Derby
Derbyshire
DE21 6BF





REGISTERED NUMBER: 11203418 (England and Wales)





ACCOUNTANTS: M. J. Shapcott & Co. Limited
Chartered Accountants
Charter House, Wyvern Court
Stanier Way
Derby
DE21 6BF

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Stella Property Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Stella Property Ltd for the year ended 28 February 2025 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

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

It is your duty to ensure that Stella Property Ltd 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 Stella Property Ltd. You consider that Stella Property Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Stella Property Ltd. 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.






M. J. Shapcott & Co. Limited
Chartered Accountants
Charter House, Wyvern Court
Stanier Way
Derby
DE21 6BF


11 April 2025

Stella Property Ltd (Registered number: 11203418)

Statement of Financial Position
28 February 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,786 12,650
Investment property 5 1,071,000 951,450
1,081,786 964,100

CURRENT ASSETS
Debtors 6 840 735
Cash at bank 105,189 697
106,029 1,432
CREDITORS
Amounts falling due within one year 7 954,939 766,216
NET CURRENT LIABILITIES (848,910 ) (764,784 )
TOTAL ASSETS LESS CURRENT LIABILITIES 232,876 199,316

PROVISIONS FOR LIABILITIES (61,200 ) (46,465 )

ACCRUALS AND DEFERRED INCOME (2,240 ) (1,908 )
NET ASSETS 169,436 150,943

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 10 294,947 286,040
Retained earnings (125,611 ) (135,197 )
169,436 150,943

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 April 2025 and were signed on its behalf by:





Mrs V Colman - Director


Stella Property Ltd (Registered number: 11203418)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Stella Property Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

Stella Property Ltd (Registered number: 11203418)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2024 20,609 650 21,259
Additions 180 - 180
At 28 February 2025 20,789 650 21,439
DEPRECIATION
At 1 March 2024 8,520 89 8,609
Charge for year 1,829 215 2,044
At 28 February 2025 10,349 304 10,653
NET BOOK VALUE
At 28 February 2025 10,440 346 10,786
At 29 February 2024 12,089 561 12,650

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2024 951,450
Additions 95,908
Revaluations 23,642
At 28 February 2025 1,071,000
NET BOOK VALUE
At 28 February 2025 1,071,000
At 29 February 2024 951,450

Fair value at 28 February 2025 is represented by:
£   
Valuation in 2021 77,748
Valuation in 2022 161,756
Valuation in 2024 93,000
Valuation in 2025 23,643
Cost 714,853
1,071,000

If investment property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 714,853 618,946
Aggregate depreciation (69,233 ) (54,940 )

Investment Property was valued on an open market basis on 28 February 2025 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 840 735

Stella Property Ltd (Registered number: 11203418)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other creditors 954,939 766,216

8. LOANS

An analysis of the maturity of loans is given below:

2025 2024
£    £   
Amounts falling due within one year or on demand:
Other loans 853,589 657,434

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Other loans 853,589 657,434

The Director has Personal Guarantees on the Loans held by the Company.

10. RESERVES
Fair
value
reserve
£   
At 1 March 2024 286,040
Transfers 8,907

At 28 February 2025 294,947