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REGISTERED NUMBER: 09241096 (England and Wales)




















Financial Statements

for the Period 1 November 2023 to 31 August 2024

for

Stafford Moor Limited

Stafford Moor Limited (Registered number: 09241096)






Contents of the Financial Statements
for the Period 1 November 2023 to 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Stafford Moor Limited

Company Information
for the Period 1 November 2023 to 31 August 2024







DIRECTORS: Mr S Geranio
Mr P Howard





REGISTERED OFFICE: 1 Saxon House
Headway Business Park
Saxon Way West
Corby
Northamptonshire
NN18 9EZ





REGISTERED NUMBER: 09241096 (England and Wales)





AUDITORS: Clifford Roberts - Statutory Auditor
63 Broad Green
Wellingborough
Northamptonshire
NN8 4LQ

Stafford Moor Limited (Registered number: 09241096)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 4,491,226 387,253

CURRENT ASSETS
Stocks 14,512 15,000
Debtors 5 70,062 305,370
Cash at bank and in hand 16,013 69,770
100,587 390,140
CREDITORS
Amounts falling due within one year 6 3,068,580 416,421
NET CURRENT LIABILITIES (2,967,993 ) (26,281 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,523,233

360,972

CREDITORS
Amounts falling due after more than one
year

7

(1,436,214

)

(34,020

)

PROVISIONS FOR LIABILITIES (32,647 ) (39,672 )
NET ASSETS 54,372 287,280

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 54,272 287,180
54,372 287,280

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 28 May 2025 and were signed on its behalf by:





Mr P Howard - Director


Stafford Moor Limited (Registered number: 09241096)

Notes to the Financial Statements
for the Period 1 November 2023 to 31 August 2024

1. STATUTORY INFORMATION

Stafford Moor 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.

Revenue
Turnover represents net invoices sale of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2023 - NIL ) .

Stafford Moor Limited (Registered number: 09241096)

Notes to the Financial Statements - continued
for the Period 1 November 2023 to 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2023 - 575,830 575,830
Additions 4,412,112 2,618 4,414,730
Disposals - (260,839 ) (260,839 )
At 31 August 2024 4,412,112 317,609 4,729,721
DEPRECIATION
At 1 November 2023 - 188,577 188,577
Charge for period 51,472 20,908 72,380
Eliminated on disposal - (22,462 ) (22,462 )
At 31 August 2024 51,472 187,023 238,495
NET BOOK VALUE
At 31 August 2024 4,360,640 130,586 4,491,226
At 31 October 2023 - 387,253 387,253

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 November 2023
and 31 August 2024 46,910
DEPRECIATION
At 1 November 2023 20,523
Charge for period 5,497
At 31 August 2024 26,020
NET BOOK VALUE
At 31 August 2024 20,890
At 31 October 2023 26,387

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 41,444 304,473
Other debtors 28,618 897
70,062 305,370

Stafford Moor Limited (Registered number: 09241096)

Notes to the Financial Statements - continued
for the Period 1 November 2023 to 31 August 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 56,847 10,000
Hire purchase contracts - 6,810
Trade creditors 15,271 277
Amounts owed to group undertakings 2,836,941 -
Taxation and social security 12,839 114,094
Other creditors 146,682 285,240
3,068,580 416,421

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 1,436,214 15,833
Hire purchase contracts - 18,187
1,436,214 34,020

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 1,493,061 -

The company has a loan from Barclays secured by a mortgage over the land and premises occupied by Stafford Moor.

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was qualified on the following basis:

Basis for qualified opinion
The audit evidence available to us was limited because we did not observe the counting of the physical stock as at 31 October 2023, since that date was prior to our appointment as auditors of the company. Owning to the nature of the company's records, we are unable to obtain sufficient appropriate audit evidence as regards to stock existence and condition, included in the preceding years' financial statements at £15,000 by using other audit procedures. Any adjustment to this figure would have a consequential effect on profit for the period ended 31 August 2024.

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion.

Matters required to report by exception

Julian Payne BA FCA (Senior Statutory Auditor)
for and on behalf of Clifford Roberts - Statutory Auditor