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REGISTERED NUMBER: 01587235 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 SEPTEMBER 2024

FOR

STUART TOWER LIMITED

STUART TOWER LIMITED (REGISTERED NUMBER: 01587235)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STUART TOWER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 SEPTEMBER 2024







DIRECTORS: Mrs C Ohlenschlager-Hutt
Dr C Blakeley
J G Gilbert
J S Korn
D Johnson



SECRETARY: Mrs V Fordham



REGISTERED OFFICE: 50 Seymour Street
London
W1H 7JG



REGISTERED NUMBER: 01587235 (England and Wales)



ACCOUNTANTS: Orcom Civvals Limited
Accountants
50 Seymour Street
London
W1H 7JG



BANKERS: HSBC



SOLICITORS: Healys
3 Waterhouse Square
142 Holborn
London
EC1N 2SW

STUART TOWER LIMITED (REGISTERED NUMBER: 01587235)

BALANCE SHEET
28 SEPTEMBER 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 89,953 219,618
Cash at bank 1,928,873 1,674,982
2,018,826 1,894,600
CREDITORS
Amounts falling due within one year 5 184,587 200,870
NET CURRENT ASSETS 1,834,239 1,693,730
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,834,239

1,693,730

CAPITAL AND RESERVES
Called up share capital 6 194 194
Building reserves 7 1,176,515 1,119,593
Lease extension reserves 7 657,530 573,943
SHAREHOLDERS' FUNDS 1,834,239 1,693,730

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 September 2024 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.

STUART TOWER LIMITED (REGISTERED NUMBER: 01587235)

BALANCE SHEET - continued
28 SEPTEMBER 2024


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 3 March 2025 and were signed on its behalf by:




Mrs C Ohlenschlager-Hutt - Director



Dr C Blakeley - Director


STUART TOWER LIMITED (REGISTERED NUMBER: 01587235)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 SEPTEMBER 2024


1. STATUTORY INFORMATION

Stuart Tower Limited 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.

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

Taxation
Taxation for the year comprises current 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 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 balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Service charge receivable 17,129 12,663
Other debtors 72,824 206,955
89,953 219,618

STUART TOWER LIMITED (REGISTERED NUMBER: 01587235)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 SEPTEMBER 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Service charge payable 80,248 86,543
Taxation and social security 41,523 57,772
Other creditors 62,816 56,555
184,587 200,870

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
194 Ordinary shares 1 194 194

7. RESERVES
Lease
Retained Building extension
earnings reserves reserves Totals
£    £    £    £   

At 29 September 2023 - 1,119,593 573,943 1,693,536
Profit for the year 102,202 102,202
Transfer from service charge (128,442 ) 128,442 - -
Transfer from building reserve - (71,520 ) (1,143 ) (72,663 )
Lease premiums receivable - - 110,970 110,970
Tax on lease premium 26,240 - (26,240 ) -
At 28 September 2024 - 1,176,515 657,530 1,834,045