Company No: 05726026 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	4	434,149		463,965
		434,149		463,965
Current assets
Debtors	5	261,921		181,356
Cash at bank and in hand	6	173,320		68,491
		435,241		249,847
Creditors: amounts falling due within one year	7	( 475,183)		( 329,507)
Net current liabilities		(39,942)		(79,660)
Total assets less current liabilities		394,207		384,305
Creditors: amounts falling due after more than one year	8	( 329,002)		( 316,021)
Provision for liabilities	9	( 28,285)		( 44,121)
Net assets		36,920		24,163
Capital and reserves
Called-up share capital		100		100
Profit and loss account		36,820		24,063
Total shareholder's funds		36,920		24,163

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Robert Stanford Estates Ltd (registered number: 05726026) were approved and authorised for issue by the Board of Directors on 29 September 2025. They were signed on its behalf by:

B S Nicol Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Robert Stanford Estates Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2a Dartmouth Road, Forest Hill, SE23 3XU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	10 - 50 years straight line
Vehicles	4 years straight line
Fixtures and fittings	4 years straight line
Office equipment	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	24		24

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 January 2024	159,823		159,823
At 31 December 2024	159,823		159,823
Accumulated amortisation
At 01 January 2024	159,823		159,823
At 31 December 2024	159,823		159,823
Net book value
At 31 December 2024	0		0
At 31 December 2023	0		0

4. Tangible assets

	Land and buildings		Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£
Cost
At 01 January 2024	492,631		304,621		232,467		188,478		1,218,197
Additions	0		82,211		13,579		4,700		100,490
Disposals	0		( 12,607)		0		0		( 12,607)
At 31 December 2024	492,631		374,225		246,046		193,178		1,306,080
Accumulated depreciation
At 01 January 2024	214,284		190,455		186,907		162,586		754,232
Charge for the financial year	17,159		61,192		34,187		17,768		130,306
Disposals	0		( 12,607)		0		0		( 12,607)
At 31 December 2024	231,443		239,040		221,094		180,354		871,931
Net book value
At 31 December 2024	261,188		135,185		24,952		12,824		434,149
At 31 December 2023	278,347		114,166		45,560		25,892		463,965

5. Debtors

	2024		2023
	£		£
Trade debtors	36,846		17,602
Other debtors	225,075		163,754
	261,921		181,356

6. Cash and cash equivalents

	2024		2023
	£		£
Cash at bank and in hand	173,320		68,491

7. Creditors: amounts falling due within one year

	2024		2023
	£		£
Bank loans	132,557		104,124
Trade creditors	14,547		26,714
Amounts owed to Group undertakings	1,954		1,934
Taxation and social security	219,794		145,577
Obligations under finance leases and hire purchase contracts	45,156		35,729
Other creditors	61,175		15,429
	475,183		329,507

Liabilities due under hire purchase contracts are secured on the assets financed.

8. Creditors: amounts falling due after more than one year

	2024		2023
	£		£
Bank loans	205,673		232,645
Obligations under finance leases and hire purchase contracts	123,329		83,376
	329,002		316,021

Liabilities due under hire purchase contracts are secured on the assets financed.

9. Provision for liabilities

	2024		2023
	£		£
Deferred tax	28,285		44,121

10. Related party transactions

Transactions with the entity's directors

	2024		2023
	£		£
Amounts due from directors	197,593		148,041

During the year, the company advanced £59,379 to the directors of the company and repayments of £9,827 were made.