Registered number
07635822
ANCHORSTONE PROJECTS LTD
Unaudited Filleted Accounts
31 May 2025
ANCHORSTONE PROJECTS LTD
Registered number: 07635822
Balance Sheet
as at 31 May 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,509 2,437
Investments 4 - 250,000
1,509 252,437
Current assets
Debtors 5 4,401 3,433
Cash at bank and in hand 5,860 21,474
10,261 24,907
Creditors: amounts falling due within one year 6 (10,951) (229,242)
Net current liabilities (690) (204,335)
Total assets less current liabilities 819 48,102
Provisions for liabilities (290) (470)
Net assets 529 47,632
Capital and reserves
Called up share capital 35 35
Profit and loss account 494 47,597
Shareholders' funds 529 47,632
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Henry Dimbleby
Director
Approved by the board on 7 August 2025
ANCHORSTONE PROJECTS LTD
Notes to the Accounts
for the year ended 31 May 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery 25% on cost
Investments
Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
1 Accounting policies (Continued)
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 June 2024 12,757
Additions 1,151
At 31 May 2025 13,908
Depreciation
At 1 June 2024 10,320
Charge for the year 2,079
At 31 May 2025 12,399
Net book value
At 31 May 2025 1,509
At 31 May 2024 2,437
4 Investments
Other
investments
£
Cost
At 1 June 2024 250,000
Disposals (250,000)
At 31 May 2025 -
Investments comprised an unquoted, unsecured fixed rate 9% Loan Note instrument issued by Stondon Capital Limited which was fully redeemed in the year
5 Debtors 2025 2024
£ £
Other debtors 4,401 3,433
6 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 8,951 5,703
Other creditors 2,000 223,539
10,951 229,242
The loan included in creditors at 31 May 2024 of £221,535 from a director of the company, Henry Dimbleby, was repaid in full during the year. This loan was unsecured, interest free and with no fixed repayment date.
7 Other information
ANCHORSTONE PROJECTS LTD is a private company limited by shares and incorporated in England. Its registered office is:
19 Navarino Road
London
E8 1AD
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