Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312025-05-12falseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-01-01falsetrue11true 05854354 2024-01-01 2024-12-31 05854354 2023-01-01 2023-12-31 05854354 2024-12-31 05854354 2023-12-31 05854354 c:Director1 2024-01-01 2024-12-31 05854354 d:PlantMachinery 2024-01-01 2024-12-31 05854354 d:PlantMachinery 2024-12-31 05854354 d:PlantMachinery 2023-12-31 05854354 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 05854354 d:FurnitureFittings 2024-01-01 2024-12-31 05854354 d:FurnitureFittings 2024-12-31 05854354 d:FurnitureFittings 2023-12-31 05854354 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 05854354 d:OfficeEquipment 2024-01-01 2024-12-31 05854354 d:OfficeEquipment 2024-12-31 05854354 d:OfficeEquipment 2023-12-31 05854354 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 05854354 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 05854354 d:CurrentFinancialInstruments 2024-12-31 05854354 d:CurrentFinancialInstruments 2023-12-31 05854354 d:Non-currentFinancialInstruments 2024-12-31 05854354 d:Non-currentFinancialInstruments 2023-12-31 05854354 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 05854354 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 05854354 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 05854354 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 05854354 d:ShareCapital 2024-12-31 05854354 d:ShareCapital 2023-12-31 05854354 d:RetainedEarningsAccumulatedLosses 2024-12-31 05854354 d:RetainedEarningsAccumulatedLosses 2023-12-31 05854354 c:FRS102 2024-01-01 2024-12-31 05854354 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05854354 c:FullAccounts 2024-01-01 2024-12-31 05854354 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05854354 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 05854354









STIRLING VENTURES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
STIRLING VENTURES LIMITED
REGISTERED NUMBER: 05854354

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2024
2023
2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
18,983
3,756

  
18,983
3,756

Current assets
  

Stocks
  
-
500

Debtors: amounts falling due within one year
 5 
69,294
159,305

Cash at bank and in hand
  
12,265
12,822

  
81,559
172,627

Current liabilities
  

Creditors: Amounts Falling Due Within One Year
 6 
(75,478)
(143,213)

Net current assets
  
 
 
6,081
 
 
29,414

Total assets less current liabilities
  
25,064
33,170

Creditors: amounts falling due after more than one year
 7 
(7,109)
(16,781)

  

Net assets
  
17,955
16,389


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
17,855
16,289

  
17,955
16,389


Page 1

 
STIRLING VENTURES LIMITED
REGISTERED NUMBER: 05854354
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 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 income and retained earnings 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 12 May 2025.

J Pilling
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
STIRLING VENTURES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Stirling Ventures Limited is a private company limited by shares and registered in England and Wales. The address of the registered office and principal place of business is Montreal Farm, Coulton Lane, Hovingham, York, England, YO62 4NQ.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Currency

The company's functional and presentational currency is GBP.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. It comprises building refurbishment and other work carried out during the year.

 
2.4

Taxation

The tax expense for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings.The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

 
2.5

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.

Page 3

 
STIRLING VENTURES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
per annum straight line
Fixtures and fittings
-
33%
per annum straight line
Office equipment
-
33%
per annum 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.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a unit cost basis. 

 
2.7

Debtors

Debtors are measured at the transaction price, less any impairment. 

 
2.8

Creditors

Creditors are measured at the transaction price.

 
2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like debtors, creditors and loans. 


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
STIRLING VENTURES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 January 2024
58,253
21,813
7,839
87,905


Additions
18,625
-
-
18,625



At 31 December 2024

76,878
21,813
7,839
106,530



Depreciation


At 1 January 2024
58,179
21,491
4,479
84,149


Charge for the year on owned assets
1,936
322
1,140
3,398



At 31 December 2024

60,115
21,813
5,619
87,547



Net book value



At 31 December 2024
16,763
-
2,220
18,983



At 31 December 2023
74
322
3,360
3,756


5.


Debtors

2024
2023
£
£


Other debtors
3,996
-

Prepayments and accrued income
65,298
159,305

69,294
159,305


Page 5

 
STIRLING VENTURES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loan
10,248
10,648

Trade creditors
3,112
4,035

Other taxation and social security
10,138
872

Other creditors
48,230
123,908

Accruals
3,750
3,750

75,478
143,213



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loan
7,109
16,781

7,109
16,781



8.


Related party transactions

The turnover in the year related to work done for the director and to a company in which he has a controlling interest.
At the year end date the director was owed £48,230 (2023 : £123,908).

 
Page 6