Stelvio Investment Co. Limited - Accounts to registrar (filleted)

STELVIO INVESTMENT CO. LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A W Barker

J R Cooper

Mrs J E Cooper

SECRETARY:

J R Cooper

REGISTERED OFFICE:

2 Villiers Court

40 Upper Mulgrave Road

Cheam

Surrey

SM2 7AJ

REGISTERED NUMBER:

00758457 (England and Wales)

ACCOUNTANTS:

Halsey & Co (Accountants) Ltd.

Chartered Certified Accountants

Registered Auditors

2 Villiers Court

40 Upper Mulgrave Road

Cheam

Surrey

SM2 7AJ

FIXED ASSETS

Tangible assets

4

7,822,886

7,823,057

CURRENT ASSETS

Debtors

5

2,372

4,408

Cash at bank

400,821

348,720

403,193

353,128

CREDITORS

Amounts falling due within one year

6

30,175

24,976

NET CURRENT ASSETS

373,018

328,152

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,195,904

8,151,209

PROVISIONS FOR LIABILITIES

962,683

962,585

NET ASSETS

7,233,221

7,188,624

CAPITAL AND RESERVES

Called up share capital

1,000

Revaluation reserve

7

2,480,603

Retained earnings

4,751,618

4,707,021

7,233,221

7,188,624

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15th August 2025 and were signed on its behalf by:

Mrs J E Cooper - Director

1.	STATUTORY INFORMATION

Stelvio Investment Co. 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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

COST OR VALUATION

At 1st April 2024

and 31st March 2025

7,822,373

173,453

7,995,826

DEPRECIATION

At 1st April 2024

-

172,769

Charge for year

-

171

At 31st March 2025

-

172,940

NET BOOK VALUE

At 31st March 2025

7,822,373

513

7,822,886

At 31st March 2024

7,822,373

684

7,823,057

Cost or valuation at 31st March 2025 is represented by:

Fixtures

Freehold

and

property

fittings

Totals

£

Valuation in 2021

5,476,800

171,831

5,648,631

Valuation in 2022

3,723,200

1,622

3,724,822

Valuation in 2023

(1,975,000

)

-

(1,975,000

)

Valuation in 2024

597,373

-

597,373

7,822,373

173,453

7,995,826

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

2,372

4,408

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

493

492

Taxation and social security

21,891

9,652

Other creditors

7,791

14,832

30,175

24,976

7.

RESERVES

Revaluation

reserve

£

At 1st April 2024

and 31st March 2025

2,480,603

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £337 (2024 - £312) to A Barker, £1065 (2024 - £1,245) to Mrs J Cooper and £1157 (2024 - £1337.) to Mr J Cooper the directors and shareholders of the company.The amount is interest free and repayable on demand.