The Naked Steading Ltd - Filleted accounts

Registered number

12335661

The Naked Steading Ltd

Filleted Accounts

30 November 2024

Hagans Accounting & Finance Limited

Chartered Certified Accountants

4 Fir Tree Grove

Surrey

SM5 4NG

The Naked Steading Ltd
Registered number:		12335661
Balance Sheet
as at 30 November 2024

Notes			2024			2023
£				£
Current assets
Stocks		380,861			377,852
Debtors	3	3,950			3,794
		384,811			381,646

Creditors: amounts falling due within one year	4	(146,320)			(138,663)

Net current assets			238,491			242,983

Net assets			238,491			242,983

Capital and reserves
Called up share capital			111			111
Share premium			404,978			404,978
Profit and loss account			(166,598)			(162,106)

Shareholders' funds			238,491			242,983

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Dylan Collins
Director
Approved by the board on 30 September 2025

The Naked Steading Ltd
Notes to the Accounts
for the year ended 30 November 2024

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Work in progress
	The company carries forward as work in progress all costs including interest charges where applicable (at the lower of cost and net realisable value), which are directly related to income that it will receive in the future, from property development sites upon their completion. No attributable profit is taken until the site / individual dwellings are sold, due to the uncertain timing and values of sales. Where part of the development is sold at the company's year end, but not all, work in progress is calculated based on the size of dwellings left to sell, as a percentage of total costs incurred on the development.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2	Employees	2024		2023
Number			Number

	Average number of persons employed by the company	0		0

3	Debtors	2024		2023
£			£

	Other debtors	3,950		3,794


4	Creditors: amounts falling due within one year	2024		2023
£			£

	Trade creditors	1,560		1,514
	Other creditors	144,760		137,149
		146,320		138,663

5	Other information

	The Naked Steading Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	82, 1st Floor Portsmouth Road
	Surbiton
	Surrey
	KT6 5PT