Stevens Property Partners Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11732311

Stevens Property Partners Limited

Filleted Unaudited Financial Statements

31 December 2024

Stevens Property Partners Limited

Financial Statements

Year ended 31 December 2024

Contents	Page

Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements	1

Balance sheet	2

Notes to the financial statements	3

Stevens Property Partners Limited

Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Stevens Property Partners Limited

Year ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Stevens Property Partners Limited for the year ended 31 December 2024, which comprise the 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 at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Stevens Property Partners Limited, as a body, in accordance with the terms of our engagement letter dated 23 October 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Stevens Property Partners Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stevens Property Partners Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Stevens Property Partners 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 Stevens Property Partners Limited. You consider that Stevens Property Partners 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 Stevens Property Partners 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.

MILLER DAVIES LLP Chartered accountants

A3 Broomsleigh Business Park Worsley Bridge Road London SE26 5BN

29 September 2025

Stevens Property Partners Limited

Balance Sheet

31 December 2024

	2024	2023
Note	£	£

Current assets

Debtors	5	1,052,925	946,138
Cash at bank and in hand		42,084	48,044
		------------	---------
		1,095,009	994,182

Creditors: amounts falling due within one year	6	985,937	923,532
		------------	---------
Net current assets		109,072	70,650
		---------	--------
Total assets less current liabilities		109,072	70,650

Creditors: amounts falling due after more than one year	7	26,006	30,543
		---------	--------
Net assets		83,066	40,107
		---------	--------

Capital and reserves

Called up share capital	4	4
Profit and loss account	83,062	40,103
	--------	--------
Shareholders funds	83,066	40,107
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the 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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 29 September 2025 , and are signed on behalf of the board by:

Mr J. W. Stevens	Mr T. A. Stevens
Director	Director

Company registration number: 11732311

Stevens Property Partners Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is A3 Broomsleigh Business Park, Worsley Bridge Road, London, SE26 5BN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income 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.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Motor vehicles	-	25% straight line

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2023: 1 ).

5. Debtors

	2024	2023
	£	£
Trade debtors	1,052,925	812,776
Other debtors	–	133,362
	------------	---------
	1,052,925	946,138
	------------	---------

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	5,393	6,116
Trade creditors	1,005	2,019
Corporation tax	10,387	8,520
Other creditors	969,152	906,877
	---------	---------
	985,937	923,532
	---------	---------

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

	2024	2023
	£	£
Bank loans and overdrafts	26,006	30,543
	--------	--------

8. Financial instruments

The carrying amount for each category of financial instrument is as follows:

	2024	2023
	£	£

Financial assets measured at fair value through profit or loss

Financial assets measured at fair value through profit or loss	1,095,008	994,182
	------------	---------

Financial liabilities measured at fair value through profit or loss

Financial liabilities measured at fair value through profit or loss	1,001,559	945,559
	------------	---------

9. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2024
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr J. W. Stevens	( 223,422)	( 24,935)	( 248,357)
Mr T. A. Stevens	( 681,805)	( 21,610)	( 703,415)
	---------	--------	---------
	( 905,227)	( 46,545)	( 951,772)
	---------	--------	---------

	2023
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr J. W. Stevens	( 137,202)	( 86,220)	( 223,422)
Mr T. A. Stevens	( 298,202)	( 383,603)	( 681,805)
	---------	---------	---------
	( 435,404)	( 469,823)	( 905,227)
	---------	---------	---------