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REGISTERED NUMBER: 00639744 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 September 2024

for

S.T. SAUNDERS & SONS LIMITED

S.T. SAUNDERS & SONS LIMITED (REGISTERED NUMBER: 00639744)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


S.T. SAUNDERS & SONS LIMITED

Company Information
for the Year Ended 30 September 2024







DIRECTORS: S C Saunders
C R Saunders
E Beedie
M Hirst





REGISTERED OFFICE: 32 Hermes Street
London
N1 9JD





BUSINESS ADDRESS: 14 Sands Farm Drive
Burnham
Slough
Berkshire
SL1 7LD





REGISTERED NUMBER: 00639744 (England and Wales)





ACCOUNTANTS: Hill Wooldridge & Co.
107 Hindes Road
Harrow
Middlesex
HA1 1RU

S.T. SAUNDERS & SONS LIMITED (REGISTERED NUMBER: 00639744)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2 2
Investment property 5 625,000 625,000
625,002 625,002

CURRENT ASSETS
Debtors 6 300 300
Cash at bank and in hand 10,009 11,166
10,309 11,466
CREDITORS
Amounts falling due within one year 7 19,769 19,792
NET CURRENT LIABILITIES (9,460 ) (8,326 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

615,542

616,676

PROVISIONS FOR LIABILITIES 55,194 55,194
NET ASSETS 560,348 561,482

CAPITAL AND RESERVES
Called up share capital 300 300
Revaluation reserve 8 566,986 566,986
Retained earnings (6,938 ) (5,804 )
SHAREHOLDERS' FUNDS 560,348 561,482

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

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 21 May 2025 and were signed on its behalf by:





C R Saunders - Director


S.T. SAUNDERS & SONS LIMITED (REGISTERED NUMBER: 00639744)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

S.T. Saunders & Sons 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.

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 cost

Investment property
In accordance with standard accounting practice, investment properties are revalued annually and the aggregate surplus or deficit is transferred to a revaluation reserve. No depreciation or amortisation is provided in respect of freehold investment properties and leasehold investment properties with over 20 years to run.

Although the Companies Act would normally require the systematic annual depreciation of fixed assets, the director believes that the policy of not providing depreciation is necessary in order to give a true and fair view, since the current value of investment properties, and changes to that current value, are of prime importance rather than a calculation of systematic annual depreciation. Depreciation is only one of the many factors reflected in the annual valuation, and the amount which might otherwise have been included cannot be separately identified or quantified.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 October 2023
and 30 September 2024 2,295
DEPRECIATION
At 1 October 2023
and 30 September 2024 2,293
NET BOOK VALUE
At 30 September 2024 2
At 30 September 2023 2

S.T. SAUNDERS & SONS LIMITED (REGISTERED NUMBER: 00639744)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 625,000
NET BOOK VALUE
At 30 September 2024 625,000
At 30 September 2023 625,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 1992 (36,400 )
Valuation in 1998 50,000
Valuation in 2007 350,000
Valuation in 2013 (166,914 )
Valuation in 2020 275,000
Cost 153,314
625,000

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

2024 2023
£    £   
Cost 153,314 153,314

Investment property was valued on an open market basis on 30 September 2020 by Director S C Saunders .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 300 300

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 3,018 3,042
Other creditors 16,751 16,750
19,769 19,792

8. RESERVES
Revaluation
reserve
£   
At 1 October 2023
and 30 September 2024 566,986