REGISTERED NUMBER: 03896452

Financial Statements for the Year Ended 31 December 2024

for

Starvale Property Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Goudge

Mrs J C Goudge

REGISTERED OFFICE:

25 Hart Street

Henley on Thames

Oxfordshire

RG9 2AR

REGISTERED NUMBER:

03896452

ACCOUNTANTS:

K P Cox Accounting Ltd

20 Wynton Close

Didcot

Oxfordshire

OX11 6FG

FIXED ASSETS

Tangible assets

4

535,959

536,565

CURRENT ASSETS

Cash at bank

1,861

30,630

CREDITORS

Amounts falling due within one year

5

96,741

81,170

NET CURRENT LIABILITIES

(94,880

)

(50,540

)

TOTAL ASSETS LESS CURRENT LIABILITIES

441,079

486,025

CREDITORS

Amounts falling due after more than one year

6

81,938

90,278

NET ASSETS

359,141

395,747

CAPITAL AND RESERVES

Called up share capital

7

500

500

Revaluation reserve

8

233,412

233,412

Capital redemption reserve

500

500

Retained earnings

124,729

161,335

SHAREHOLDERS' FUNDS

359,141

395,747

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

D J Goudge - Director

1.	STATUTORY INFORMATION

Starvale Property Company Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Plant and machinery etc

-

15% on reducing balance and in accordance with the property

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 January 2024

and 31 December 2024

510,000

79,046

589,046

DEPRECIATION

At 1 January 2024

-

52,481

52,481

Charge for year

-

606

606

At 31 December 2024

-

53,087

53,087

NET BOOK VALUE

At 31 December 2024

510,000

25,959

535,959

At 31 December 2023

510,000

26,565

536,565

Cost or valuation at 31 December 2024 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2022

724,539

114,402

838,941

Valuation in 2023

(214,539

)

(35,356

)

(249,895

)

510,000

79,046

589,046

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31.12.24

31.12.23

£

£

Cost

276,588

276,588

freehold land and buildings were valued on an open market basis on 21 February 2023 by Kempton Carr Croft .

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

8,333

8,333

Taxation and social security

102

2,683

Other creditors

88,306

70,154

96,741

81,170

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

81,938

90,278

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

500

Ordinary

£1

500

500

8.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

233,412

9.	RELATED PARTY DISCLOSURES