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Company Registration No. 00818103 (England and Wales)
Stanley Ley (west End) Limited Unaudited accounts for the year ended 31 July 2024
Stanley Ley (west End) Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,760 
4,477 
Current assets
Inventories
348,926 
118,257 
Debtors
94,187 
33,230 
Cash at bank and in hand
388,693 
533,147 
831,806 
684,634 
Creditors: amounts falling due within one year
(140,374)
(125,782)
Net current assets
691,432 
558,852 
Net assets
693,192 
563,329 
Capital and reserves
Called up share capital
2,000 
2,000 
Profit and loss account
691,192 
561,329 
Shareholders' funds
693,192 
563,329 
For the year ending 31 July 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 21 August 2025 and were signed on its behalf by
Nizam Uddin Director Company Registration No. 00818103
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Stanley Ley (west End) Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Stanley Ley (west End) Limited is a private company, limited by shares, registered in England and Wales, registration number 00818103. The registered office is 87 Middlesex Street, London, E1 7DA.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
33% straight line
Plant & machinery
25% straight line
Fixtures & fittings
15% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Stanley Ley (west End) Limited Notes to the Accounts for the year ended 31 July 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 August 2023
168,654 
Additions
2,269 
At 31 July 2024
170,923 
Depreciation
At 1 August 2023
164,177 
Charge for the year
4,986 
At 31 July 2024
169,163 
Net book value
At 31 July 2024
1,760 
At 31 July 2023
4,477 
5
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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