IRIS Accounts Production v25.1.4.42 13609711 director 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh136097112023-12-31136097112024-12-31136097112024-01-012024-12-31136097112022-12-31136097112023-01-012023-12-31136097112023-12-3113609711ns15:EnglandWales2024-01-012024-12-3113609711ns14:PoundSterling2024-01-012024-12-3113609711ns10:Director12024-01-012024-12-3113609711ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3113609711ns10:SmallEntities2024-01-012024-12-3113609711ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3113609711ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3113609711ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3113609711ns10:FullAccounts2024-01-012024-12-3113609711ns5:CurrentFinancialInstruments2024-12-3113609711ns5:CurrentFinancialInstruments2023-12-3113609711ns5:ShareCapital2024-12-3113609711ns5:ShareCapital2023-12-3113609711ns5:RetainedEarningsAccumulatedLosses2024-12-3113609711ns5:RetainedEarningsAccumulatedLosses2023-12-3113609711ns5:ComputerEquipment2023-12-3113609711ns5:ComputerEquipment2024-01-012024-12-3113609711ns5:ComputerEquipment2024-12-3113609711ns5:ComputerEquipment2023-12-3113609711ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3113609711ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 13609711 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Stage Real Estate Ltd.

Stage Real Estate Ltd. (Registered number: 13609711)






Contents of the Financial Statements
for the Year Ended 31 DECEMBER 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Stage Real Estate Ltd. (Registered number: 13609711)

Balance Sheet
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 317 1,194

CURRENT ASSETS
Debtors 5 11,979 49,105
Cash at bank 27,231 97,961
39,210 147,066
CREDITORS
Amounts falling due within one year 6 (28,229 ) (71,783 )
NET CURRENT ASSETS 10,981 75,283
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,298

76,477

PROVISIONS FOR LIABILITIES (79 ) (299 )
NET ASSETS 11,219 76,178

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 11,199 76,158
SHAREHOLDERS' FUNDS 11,219 76,178

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 July 2025 and were signed by:





Mr S Lee - Director


Stage Real Estate Ltd. (Registered number: 13609711)

Notes to the Financial Statements
for the Year Ended 31 DECEMBER 2024

1. STATUTORY INFORMATION

Stage Real Estate Ltd. is a private company, limited by shares, registered in England and Wales, registration number 13609711.The registered office is Suite 2a, 7th Floor - PF City Reach, 5 Greenwich View Place, London, England, E14 9NN.

The presentation currency of the financial statements is pound sterling (£) and the level of rounding is the nearest £1.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a straight line and reducing balance basis.

Depreciation is provided on the following basis:
Computer equipment: 33% on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Profit and loss account.

Financial instruments
The company has entered into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like other debtors, creditors and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is fund, an impairment loss is recognised in the profit and loss.


Stage Real Estate Ltd. (Registered number: 13609711)

Notes to the Financial Statements - continued
for the Year Ended 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

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

Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

Stage Real Estate Ltd. (Registered number: 13609711)

Notes to the Financial Statements - continued
for the Year Ended 31 DECEMBER 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2024 2,909
Additions 473
Disposals (1,168 )
At 31 December 2024 2,214
DEPRECIATION
At 1 January 2024 1,715
Charge for year 953
Eliminated on disposal (771 )
At 31 December 2024 1,897
NET BOOK VALUE
At 31 December 2024 317
At 31 December 2023 1,194

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors - 38,023
Other debtors 11,979 11,082
11,979 49,105

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 397 5,501
Taxation and social security 6,002 21,977
Other creditors 21,830 44,305
28,229 71,783