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Company No: 11894161 (England and Wales)

STINGER INVESTMENTS LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

STINGER INVESTMENTS LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

STINGER INVESTMENTS LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2025
STINGER INVESTMENTS LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2025
DIRECTORS N Capel
J Capel
REGISTERED OFFICE 22 Wycombe End
Buckinghamshire
United Kingdom
COMPANY NUMBER 11894161 (England and Wales)
ACCOUNTANT S&W Partners (Thames Valley) Limited
22 Wycombe End
Beaconsfield
Buckinghamshire
HP9 1NB
STINGER INVESTMENTS LIMITED

BALANCE SHEET

As at 31 March 2025
STINGER INVESTMENTS LIMITED

BALANCE SHEET (continued)

As at 31 March 2025
Note 2025 2024
£ £
Fixed assets
Investment property 3 5,000,000 5,000,000
5,000,000 5,000,000
Current assets
Debtors 4 49,904 62,229
Cash at bank and in hand 5,101 12,652
55,005 74,881
Creditors: amounts falling due within one year 5 ( 3,504,250) ( 3,480,580)
Net current liabilities (3,449,245) (3,405,699)
Total assets less current liabilities 1,550,755 1,594,301
Provision for liabilities ( 382,125) ( 382,125)
Net assets 1,168,630 1,212,176
Capital and reserves
Called-up share capital 6 100 100
Undistributable reserve 1,158,736 1,193,647
Profit and loss account 9,794 18,429
Total shareholders' funds 1,168,630 1,212,176

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Stinger Investments Limited (registered number: 11894161) were approved and authorised for issue by the Board of Directors on 09 July 2025. They were signed on its behalf by:

N Capel
Director
STINGER INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
STINGER INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Stinger Investments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 22 Wycombe End, Buckinghamshire, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Stinger Investments Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

Turnover

Turnover is measured at the fair value of the consideration received or receivables for rent in the normal course of business, and is shown net of discounts and VAT.

Rental income
Operating lease income from investment properties is recognised in profit and loss on a straight-line basis over the lease term.

Cleaning income
Revenue is recognised proportionally over the performance of the service contract, by reference to the stage of completion of the transaction at the end of the reporting period.

Taxation

Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or pan of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account,

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure, Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

Financial instruments

The company has elected to apply the provisions of Section 11 "Basic Financial Instruments" to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Short term debtors are measured at transaction price less any provision for impairment. Loans receivable are measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs using the effective interest method, less any provision for impairment

Basic financial liabilities
Short term creditors are measured at transaction price. Other financial liabilities, including bank loans and other loans, are measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs using the effective interest method

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Investment property

Investment property
£
Valuation
As at 01 April 2024 5,000,000
As at 31 March 2025 5,000,000

Valuation

The fair value of the Company’s investment property has been arrived at on the basis of valuations carried out by the directors of the business. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

4. Debtors

2025 2024
£ £
Trade debtors 28,324 15,920
Amounts owed by Group undertakings 0 15,000
Deferred tax asset 2,878 0
Other debtors 18,702 31,309
49,904 62,229

5. Creditors: amounts falling due within one year

2025 2024
£ £
Trade creditors 28,034 19,501
Taxation and social security 4,086 17,628
Other creditors 3,472,130 3,443,451
3,504,250 3,480,580

6. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
100 Ordinary shares shares of £ 1.00 each 100 100

7. Related party transactions

Transactions with the entity's directors

At the balance sheet date £3,451,272 (2024: £3,418,072) was owed by the company to the directors in the form of an interest free loan.