Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-311false1investment portfolio management2023-08-01falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12021806 2023-08-01 2024-07-31 12021806 2022-08-01 2023-07-31 12021806 2024-07-31 12021806 2023-07-31 12021806 c:Director1 2023-08-01 2024-07-31 12021806 d:CurrentFinancialInstruments 2024-07-31 12021806 d:CurrentFinancialInstruments 2023-07-31 12021806 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 12021806 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 12021806 d:ShareCapital 2024-07-31 12021806 d:ShareCapital 2023-07-31 12021806 d:RetainedEarningsAccumulatedLosses 2024-07-31 12021806 d:RetainedEarningsAccumulatedLosses 2023-07-31 12021806 c:FRS102 2023-08-01 2024-07-31 12021806 c:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 12021806 c:FullAccounts 2023-08-01 2024-07-31 12021806 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12021806 6 2023-08-01 2024-07-31 12021806 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Registered number: 12021806


STALLARD POHANI LTD
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 JULY 2024


















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Chartered Accountants
2nd Floor, Heathmans House
19 Heathmans Road
London
SW6 4TJ

 
STALLARD POHANI LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF STALLARD POHANI LTD
FOR THE YEAR ENDED 31 JULY 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 Stallard Pohani Ltd for the year ended 31 July 2024 which comprise  the Balance Sheet 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 at https://www.icaew.com /regulation.

This report is made solely to the director of Stallard Pohani Ltd in accordance with the terms of our engagement letter dated 25/09/19Our work has been undertaken solely to prepare for your approval the financial statements of Stallard Pohani Ltd and state those matters that we have agreed to state to the director of Stallard Pohani Ltd in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stallard Pohani Ltd and its director for our work or for this report. 

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

We have not been instructed to carry out an audit or review of the financial statements of Stallard Pohani 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.

  



Haggards Crowther LLP
 
Chartered Accountants
2nd Floor, Heathmans House
19 Heathmans Road
London
SW6 4TJ
29 April 2025
Page 1

 
STALLARD POHANI LTD
REGISTERED NUMBER: 12021806

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 6 
721,246
709,146

  
721,246
709,146

Current assets
  

Debtors: amounts falling due within one year
 7 
736
49

Cash at bank and in hand
 8 
748
877

  
1,484
926

Creditors: amounts falling due within one year
 9 
(603,579)
(607,477)

Net current liabilities
  
 
 
(602,095)
 
 
(606,551)

Total assets less current liabilities
  
119,151
102,595

  

Net assets
  
119,151
102,595


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
119,051
102,495

  
119,151
102,595


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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 income statement 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 29 April 2025.



Page 2

 
STALLARD POHANI LTD
REGISTERED NUMBER: 12021806
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024


Mr R A Stallard
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
STALLARD POHANI LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Stallard Pohani 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 principal activity of the company in the year under review was that of investment portfolio management.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 4).

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is stated net of VAT. Revenue represents the value of interest and dividends received from the company’s investment portfolios. Interest is recognised under the effective interest method and is shown on the income statement as it accrues. While the dividend income is recognised when the right to receive payment is established and this is when the dividend is declared by the issuer of the shares. The dividends received is then shown on the income statement along with interest recognised. 

 
2.3

Taxation

Tax is recognised in the Income statement except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.4

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Income Statement for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Income statement for the period.

Page 4

 
STALLARD POHANI LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Going concern

The financial statements have been prepared on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. The director considers that the company is a going concern on the basis that he will continue to provide financial support for the foreseeable future.


4.


Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In the opinion of the directors there are no judgements or key sources of estimation uncertainty that affect the preparation of the financial statements.


5.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2024
        2023
            No.
            No.







Management
1
1

Page 5

 
STALLARD POHANI LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 August 2023
709,146


Additions
20,057


Movement in cash held
(5,451)


Revaluations
(2,506)



At 31 July 2024
721,246





7.


Debtors

2024
2023
£
£


Called up share capital not paid
49
49

Tax recoverable
687
-

736
49



8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
748
877

748
877



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
4,484

Other creditors
600,993
600,993

Accruals and deferred income
2,586
2,000

603,579
607,477


Page 6

 
STALLARD POHANI LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

10.


Transactions with directors

Included within the year end creditors balance is an amount due from the company to Mr R Stallard of £600,993 (2023: £600,993). Throughout the year, total withdrawal of funds amounted to £Nil (2023: £Nil), with total deposits of £Nil (2023: £15,857). The outstanding balance is unsecured, repayable on demand and not subject to interest.

 
Page 7