Silverfin false false 31/03/2025 01/04/2024 31/03/2025 The Viscount Trenchard 07/12/2005 30 July 2025 The principal activity of the Company during the financial year was provision of consultancy and management services. 05646863 2025-03-31 05646863 bus:Director1 2025-03-31 05646863 2024-03-31 05646863 core:CurrentFinancialInstruments 2025-03-31 05646863 core:CurrentFinancialInstruments 2024-03-31 05646863 core:Non-currentFinancialInstruments 2025-03-31 05646863 core:Non-currentFinancialInstruments 2024-03-31 05646863 core:ShareCapital 2025-03-31 05646863 core:ShareCapital 2024-03-31 05646863 core:RetainedEarningsAccumulatedLosses 2025-03-31 05646863 core:RetainedEarningsAccumulatedLosses 2024-03-31 05646863 core:OfficeEquipment 2024-03-31 05646863 core:OfficeEquipment 2025-03-31 05646863 2024-04-01 2025-03-31 05646863 bus:FilletedAccounts 2024-04-01 2025-03-31 05646863 bus:SmallEntities 2024-04-01 2025-03-31 05646863 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 05646863 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05646863 bus:Director1 2024-04-01 2025-03-31 05646863 core:OfficeEquipment core:TopRangeValue 2024-04-01 2025-03-31 05646863 2023-04-01 2024-03-31 05646863 core:OfficeEquipment 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Company No: 05646863 (England and Wales)

STANDON LORDSHIP LIMITED

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

STANDON LORDSHIP LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

STANDON LORDSHIP LIMITED

BALANCE SHEET

As at 31 March 2025
STANDON LORDSHIP LIMITED

BALANCE SHEET (continued)

As at 31 March 2025
Note 2025 2024
£ £
Fixed assets
Tangible assets 3 0 109
0 109
Current assets
Debtors
- due within one year 4 114,367 89,455
- due after more than one year 4 32,944 29,926
147,311 119,381
Creditors: amounts falling due within one year 5 ( 62,895) ( 30,029)
Net current assets 84,416 89,352
Total assets less current liabilities 84,416 89,461
Net assets 84,416 89,461
Capital and reserves
Called-up share capital 100 100
Profit and loss account 84,316 89,361
Total shareholders' funds 84,416 89,461

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.

Director's responsibilities:

The financial statements of Standon Lordship Limited (registered number: 05646863) were approved and authorised for issue by the Director on 30 July 2025. They were signed on its behalf by:

The Viscount Trenchard
Director
STANDON LORDSHIP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
STANDON LORDSHIP 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

Standon Lordship 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 Albert Goodman, Lupin Way, Yeovil, BA22 8WW, United Kingdom. The principal place of business is No.7 St James' Place, London, SW1A 1NR.

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

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. 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:

Office equipment 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Office equipment Total
£ £
Cost
At 01 April 2024 482 482
At 31 March 2025 482 482
Accumulated depreciation
At 01 April 2024 373 373
Charge for the financial year 109 109
At 31 March 2025 482 482
Net book value
At 31 March 2025 0 0
At 31 March 2024 109 109

4. Debtors

2025 2024
£ £
Debtors: amounts falling due within one year
Trade debtors 29,280 8,472
Amounts owed by director 81,350 69,662
Accrued income 1,500 9,820
Other debtors 2,237 1,501
114,367 89,455
Debtors: amounts falling due after more than one year
Amounts owed by connected companies 32,944 29,926

5. Creditors: amounts falling due within one year

2025 2024
£ £
Bank loans and overdrafts 32,125 5,542
Trade creditors 13 455
Corporation tax 18,622 16,624
Other taxation and social security 8,819 4,294
Other creditors 3,316 3,114
62,895 30,029

6. Related party transactions

Transactions with the entity's director

Advances

The directors loan account is repayable on demand and interest has been charged on overdrawn balances exceeding £10,000 at the official HMRC rates.

At 1 April 2024, the balance owed from the director was £69,662. During the year, the company made advances to the director amounting to £185,311 and received repayments of £173,623, leaving a balance due from the director of £81,350.

At 1 April 2023, the balance owed from the director was £42,004. During the year, the company made advances to the director amounting to £196,900 and received repayments of £169,242 , leaving a balance due from the director of £69,662.