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Company No: 11983836 (England and Wales)

STACKALLEN INVESTMENTS LIMITED

Unaudited Financial Statements
For the financial year ended 30 September 2024
Pages for filing with the registrar

STACKALLEN INVESTMENTS LIMITED

Unaudited Financial Statements

For the financial year ended 30 September 2024

Contents

STACKALLEN INVESTMENTS LIMITED

BALANCE SHEET

As at 30 September 2024
STACKALLEN INVESTMENTS LIMITED

BALANCE SHEET (continued)

As at 30 September 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 3,018,284 2,621,181
3,018,284 2,621,181
Current assets
Debtors 4 393 72,585
Cash at bank and in hand 37,627 119,281
38,020 191,866
Creditors: amounts falling due within one year 5 ( 60,942) ( 87,052)
Net current (liabilities)/assets (22,922) 104,814
Total assets less current liabilities 2,995,362 2,725,995
Creditors: amounts falling due after more than one year 6 ( 2,363,443) ( 2,596,744)
Net assets 631,919 129,251
Capital and reserves
Called-up share capital 100 100
Revaluation reserve 576,832 546,744
Profit and loss account 54,987 ( 417,593 )
Total shareholder's funds 631,919 129,251

For the financial year ending 30 September 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Stackallen Investments Limited (registered number: 11983836) were approved and authorised for issue by the Director on 13 May 2025. They were signed on its behalf by:

Richard Arthur Pilkington
Director
STACKALLEN INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
STACKALLEN INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Stackallen Investments Limited is a private limited company, limited by shares, incorporated in England and Wales with registration number 11983836. The address of the registered office is Estate Office, Hoo Farm Hoo Lane, Offley, Hitchin, Hertfordshire, SG5 3ED.

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

Foreign currency

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date.

Transactions in foreign currencies are translated into sterling at the average spot rate ruling in the month of the transaction.

Exchange gains and losses are recognised in the profit and loss account.

Turnover

Turnover comprises income received from investments.

Taxation

Current tax
The tax expense represents the sum of the tax currently payable and any deferred tax.

The current tax charge is based on the taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date.

Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised. Deferred tax assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition (other than in a business combination) of other assets and liabilities in a transaction that affects neither the taxable profit nor the accounting profit.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset realised. Deferred tax is charged or credited to the profit and loss account.

Financial instruments

Financial assets and liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at transaction price. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

Investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the profit and loss account.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Fixed asset investments

Listed investments Total
£ £
Cost or valuation before impairment
At 01 October 2023 2,621,181 2,621,181
Additions 767,849 767,849
Disposals ( 593,610) ( 593,610)
Movement in fair value 222,864 222,864
At 30 September 2024 3,018,284 3,018,284
Carrying value at 30 September 2024 3,018,284 3,018,284
Carrying value at 30 September 2023 2,621,181 2,621,181

4. Debtors

2024 2023
£ £
Deferred tax asset 0 72,485
Other debtors 393 100
393 72,585

5. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to Group undertakings 30,742 24,401
Accruals 11,930 11,637
Corporation tax 0 51,014
Deferred tax liability 18,270 0
60,942 87,052

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Amounts owed to Group undertakings 2,363,443 2,596,744