1 October 2023 false No description of principal activity Taxfiler 2024.6 12192738business:PrivateLimitedCompanyLtd2023-10-012024-09-30 121927382023-09-30 121927382023-10-012024-09-30 12192738business:AuditExemptWithAccountantsReport2023-10-012024-09-30 12192738business:FilletedAccounts2023-10-012024-09-30 121927382024-09-30 121927382023-09-30 12192738core:WithinOneYear2024-09-30 12192738core:WithinOneYear2023-09-30 12192738core:AfterOneYear2024-09-30 12192738core:AfterOneYear2023-09-30 12192738core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 12192738core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 12192738core:PreviouslyStatedAmount2024-09-30 12192738core:PreviouslyStatedAmount2023-09-30 12192738business:SmallEntities2023-10-012024-09-30 12192738business:Director12023-10-012024-09-30 12192738countries:EnglandWales2023-10-012024-09-30 12192738business:RegisteredOffice2023-10-012024-09-30 12192738core:LandBuildings2023-10-012024-09-30 12192738core:FurnitureFittings2023-10-012024-09-30 12192738core:LandBuildings2023-09-30 12192738core:FurnitureFittings2023-09-30 12192738core:LandBuildings2024-09-30 12192738core:FurnitureFittings2024-09-30 121927382022-10-012023-09-30 iso4217:GBP xbrli:pure
Stephens Property Development Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
266,229 
271,893 
Current assets
Debtors
- 
1,333 
Cash at bank and in hand
16,947 
24,040 
16,947 
25,373 
Creditors: amounts falling due within one year
(163,114)
(165,820)
Net current liabilities
(146,167)
(140,447)
Total assets less current liabilities
120,062 
131,446 
Creditors: amounts falling due after more than one year
(113,737)
(126,237)
Net assets
6,325 
5,209 
Capital and reserves
Profit and loss account
6,325 
5,209 
Shareholders' funds
6,325 
5,209 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 June 2025 and were signed on its behalf by
Stuart Stephens Director Company Registration No. 12192738
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Stephens Property Development Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Stephens Property Development Ltd is a private company, limited by shares, registered in England and Wales, registration number 12192738. The registered office is Unit 5 & 6 Cks Supermarket Rhoshendre, Waunfawr, Aberystwyth, SY23 3QH, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Straight line
Fixtures & fittings
Straight line
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
277,700 
5,521 
283,221 
At 30 September 2024
277,700 
5,521 
283,221 
Depreciation
At 1 October 2023
11,108 
220 
11,328 
Charge for the year
5,554 
110 
5,664 
At 30 September 2024
16,662 
330 
16,992 
Net book value
At 30 September 2024
261,038 
5,191 
266,229 
At 30 September 2023
266,592 
5,301 
271,893 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
- 
1,333 
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Stephens Property Development Ltd Notes to the Accounts for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
24,216 
26,556 
Trade creditors
1,881 
496 
Taxes and social security
177 
3,368 
Other creditors
108,000 
108,000 
Loans from directors
27,400 
27,400 
Accruals
1,440 
- 
163,114 
165,820 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
113,737 
124,904 
Accruals
- 
1,333 
113,737 
126,237 
8
Guarantees provided on behalf of directors
The director has advanced funds to the company to provide working capital. The amount owed to the director at the year end was £27,400 (2023: £27,400)
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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