| REGISTERED NUMBER: |
| Financial Statements for the Period 1 August 2024 to 31 January 2025 |
| for |
| Stonebridge Projects Limited |
| REGISTERED NUMBER: |
| Financial Statements for the Period 1 August 2024 to 31 January 2025 |
| for |
| Stonebridge Projects Limited |
| Stonebridge Projects Limited (Registered number: 06682351) |
| Contents of the Financial Statements |
| for the Period 1 August 2024 to 31 January 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Stonebridge Projects Limited |
| Company Information |
| for the Period 1 August 2024 to 31 January 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants & Registered Auditors |
| Richmond House |
| Lawnswood Business Park |
| Redvers Close |
| Leeds |
| West Yorkshire |
| LS16 6QY |
| Stonebridge Projects Limited (Registered number: 06682351) |
| Balance Sheet |
| 31 January 2025 |
| 31.1.25 | 31.7.24 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Fair value reserve | 10 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| Stonebridge Projects Limited (Registered number: 06682351) |
| Balance Sheet - continued |
| 31 January 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Stonebridge Projects Limited (Registered number: 06682351) |
| Notes to the Financial Statements |
| for the Period 1 August 2024 to 31 January 2025 |
| 1. | STATUTORY INFORMATION |
| Stonebridge Projects Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover in respect of consultancy income is recognised when the company obtains the right to receive consideration for services provided. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Investments in associates |
| Investments in associate undertakings are recognised at cost. |
| Financial instruments |
| Basic financial instruments are recognised at amortised cost. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| Stonebridge Projects Limited (Registered number: 06682351) |
| Notes to the Financial Statements - continued |
| for the Period 1 August 2024 to 31 January 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Computer |
| machinery | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 August 2024 |
| and 31 January 2025 |
| DEPRECIATION |
| At 1 August 2024 |
| Charge for period |
| At 31 January 2025 |
| NET BOOK VALUE |
| At 31 January 2025 |
| At 31 July 2024 |
| 5. | FIXED ASSET INVESTMENTS |
| Interest |
| in |
| associate |
| £ |
| COST OR VALUATION |
| At 1 August 2024 | 500 |
| Disposals | ( |
) |
| Revaluations |
| At 31 January 2025 |
| NET BOOK VALUE |
| At 31 January 2025 |
| At 31 July 2024 |
| Cost or valuation at 31 January 2025 is represented by: |
| Interest |
| in |
| associate |
| £ |
| Valuation in 2025 | 33,749,625 |
| Cost | 375 |
| 33,750,000 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.25 | 31.7.24 |
| £ | £ |
| Other debtors |
| Stonebridge Projects Limited (Registered number: 06682351) |
| Notes to the Financial Statements - continued |
| for the Period 1 August 2024 to 31 January 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.25 | 31.7.24 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.1.25 | 31.7.24 |
| £ | £ |
| Bank loans |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 31.1.25 | 31.7.24 |
| £ | £ |
| Bank loans |
| Reed Capital (NE) Ltd hold a fixed and floating charge on the undertakings of the company. |
| 10. | RESERVES |
| Fair |
| value |
| reserve |
| £ |
| Revaluation | 33,749,625 |
| At 31 January 2025 |
| 11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the periods ended 31 January 2025 and 31 July 2024: |
| 31.1.25 | 31.7.24 |
| £ | £ |
| Balance outstanding at start of period |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of period |
| Interest has been charged at the official rate. This is repayable on demand. |