Stamford London Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10472424 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

STAMFORD LONDON LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mr N R Radia

Mrs J N Radia

Mrs R Tanna

Mr D P Tanna

REGISTERED OFFICE:

4 Birchmead

Watford

WD17 4RU

REGISTERED NUMBER:

10472424 (England and Wales)

ACCOUNTANTS:

Sterling Accounting & Bookkeeping Services Limited

t/a Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and loss and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Stamford London Limited for the year ended 31 December 2024 which comprise the Profit and loss, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Stamford London Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Stamford London Limited and state those matters that we have agreed to state to the Board of Directors of Stamford London Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stamford London Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Stamford London Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Stamford London Limited. You consider that Stamford London Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Stamford London Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Sterling Accounting & Bookkeeping Services Limited

t/a Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

5 September 2025

FIXED ASSETS

Intangible assets

4

83,808

125,712

Tangible assets

5

6,500

25,015

90,308

150,727

CURRENT ASSETS

Stocks

114,028

109,983

Debtors

6

31,060

5,470,765

Cash at bank

102

10,722

145,190

5,591,470

CREDITORS

Amounts falling due within one year

7

12,966

1,878,866

NET CURRENT ASSETS

132,224

3,712,604

TOTAL ASSETS LESS CURRENT
LIABILITIES

222,532

3,863,331

CAPITAL AND RESERVES

Called up share capital

100

Share premium

1,970,767

Retained earnings

(1,748,335

)

1,892,464

SHAREHOLDERS' FUNDS

222,532

3,863,331

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 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.

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 Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2025 and were signed on its behalf by:

Mrs R Tanna - Director

1.	STATUTORY INFORMATION

Stamford London Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 represents net invoiced sales of goods, excluding value added tax.

Revenue recognition

Revenue is recognised once the goods are delivered and the risks and rewards have passed to the customer.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

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 reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

419,040

AMORTISATION

At 1 January 2024

293,328

Charge for year

41,904

At 31 December 2024

335,232

NET BOOK VALUE

At 31 December 2024

83,808

At 31 December 2023

125,712

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2024

1,434

37,245

33,158

16,030

87,867

Disposals

-

(33,158

)

(16,030

)

(49,188

)

At 31 December 2024

1,434

37,245

-

38,679

DEPRECIATION

At 1 January 2024

1,243

28,770

22,084

10,755

62,852

Charge for year

47

2,119

-

2,166

Eliminated on disposal

-

(22,084

)

(10,755

)

(32,839

)

At 31 December 2024

1,290

30,889

-

32,179

NET BOOK VALUE

At 31 December 2024

144

6,356

-

6,500

At 31 December 2023

191

8,475

11,074

5,275

25,015

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

18,956

366,614

Amounts owed by connected company

-

5,000,000

Other debtors

-

4,081

Deferred tax asset

7,559

Prepayments

4,545

92,511

31,060

5,470,765

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Amounts owed to connected company

-

1,332,500

Tax

303

-

Social security and other taxes

29

127

VAT

9,634

6,499

Other creditors

-

1,914

Directors' current accounts

-

535,076

Accrued expenses

3,000

2,750

12,966

1,878,866

8.	DEFERRED TAX

£

Balance at 1 January 2024

(7,559

)

Movement

Balance at 31 December 2024

(7,559

)

9.	RELATED PARTY DISCLOSURES

At the year end, the director owed £Nil (2023: £533,076) to the company.

During the year, the company paid dividends of £3,667,500 to the Sky View Capital Ltd, which was the parent company at the time of the payment.