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REGISTERED NUMBER: 04895883 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Stirling Management & Services Limited

Stirling Management & Services Limited (Registered number: 04895883)






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


Stirling Management & Services Limited

Company Information
for the Year Ended 30 SEPTEMBER 2024







DIRECTOR: Simon Hayek





REGISTERED OFFICE: Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW





REGISTERED NUMBER: 04895883 (England and Wales)





ACCOUNTANTS: BBK Partnership Limited
Chartered Accountants
Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW

Stirling Management & Services Limited (Registered number: 04895883)

Balance Sheet
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,644 7,816

CURRENT ASSETS
Debtors 5 350,077 368,897
Cash at bank 18,159 17,122
368,236 386,019
CREDITORS
Amounts falling due within one year 6 37,514 37,724
NET CURRENT ASSETS 330,722 348,295
TOTAL ASSETS LESS CURRENT
LIABILITIES

337,366

356,111

CREDITORS
Amounts falling due after more than one year 7 6,667 16,667
NET ASSETS 330,699 339,444

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 330,599 339,344
SHAREHOLDERS' FUNDS 330,699 339,444

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 director acknowledges his 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 director and authorised for issue on 25 June 2025 and were signed by:



Simon Hayek - Director


Stirling Management & Services Limited (Registered number: 04895883)

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

1. STATUTORY INFORMATION

Stirling Management & Services 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.

Turnover
Turnover comprises rent receivable during the year.

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 reducing balance

Taxation
Taxation for the year 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 year 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
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 2 (2023 - 3 ) .

Stirling Management & Services Limited (Registered number: 04895883)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 October 2023
and 30 September 2024 106,644
DEPRECIATION
At 1 October 2023 98,828
Charge for year 1,172
At 30 September 2024 100,000
NET BOOK VALUE
At 30 September 2024 6,644
At 30 September 2023 7,816

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 800 3,219
Other debtors 344,204 365,104
Prepayments 5,073 574
350,077 368,897

Other debtors is an amount of £344,204 (2023: £365,104) due from Arlen Properties Ltd, a company in which Simon Hayek is a director.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 9,514 3,889
Social security and other taxes 173 198
Other creditors - 6,505
Tenant deposits 14,083 14,932
Accrued expenses 3,744 2,200
37,514 37,724

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans - 1-2 years 6,667 10,000
Bank loans - 2-5 years - 6,667
6,667 16,667

8. SECURED DEBTS

The Royal Bank of Scotland plc placed a fixed and floating charge over the assets of the company on 26 April 2017.

Stirling Management & Services Limited (Registered number: 04895883)

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

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Share capital 1 £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 October 2023 339,344
Deficit for the year (8,745 )
At 30 September 2024 330,599

11. RELATED PARTY DISCLOSURES

Control

The Company was under the control of Simon Hayek throughout this and the previous year, by way of his 100% shareholding .

The controlling party is Simon Hayek.