Company No: 11809950 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	6,107		0
Investment property	4	2,117,061		2,027,428
		2,123,168		2,027,428
Current assets
Debtors	5	20,064		64,664
Cash at bank and in hand		29,646		27,947
		49,710		92,611
Creditors: amounts falling due within one year	6	( 1,095,646)		( 1,321,932)
Net current liabilities		(1,045,936)		(1,229,321)
Total assets less current liabilities		1,077,232		798,107
Provision for liabilities		( 77,893)		( 46,122)
Net assets		999,339		751,985
Capital and reserves
Called-up share capital		100		100
Profit and loss account		999,239		751,885
Total shareholders' funds		999,339		751,985

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of Stratton Commercial Limited (registered number: 11809950) were approved and authorised for issue by the Director on 02 October 2025. They were signed on its behalf by:

J J Stratton 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

Stratton Commercial Limited (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 First Floor, East Farm Barn, East Farm, Codford, Warminster, Wiltshire, BA12 0PG, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

Turnover

Turnover represents rental income due relating to the year, calculated in accordance with the relevant rental agreements. Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Tangible fixed assets

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

Other property, plant and equipment

10 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 the statement of income and retained earnings.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in the statement of income and retained earnings which are then transferred to the revaluation reserve in the statement of changes in equity. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the director, on an open market value for existing use basis.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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 Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Other property, plant and equipment		Total
	£		£
Cost
At 01 April 2024	0		0
Additions	6,704		6,704
At 31 March 2025	6,704		6,704
Accumulated depreciation
At 01 April 2024	0		0
Charge for the financial year	597		597
At 31 March 2025	597		597
Net book value
At 31 March 2025	6,107		6,107
At 31 March 2024	0		0

4. Investment property

	Investment property
	£
Valuation
As at 01 April 2024	2,027,428
Additions	89,633
As at 31 March 2025	2,117,061

In the opinion of the director, the fair value of the investment property owned by the company at the year end is equivalent to the costs incurred.

5. Debtors

	2025		2024
	£		£
Trade debtors	19,824		64,664
Other debtors	240		0
	20,064		64,664

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	33,089		23,053
Other loans	957,818		1,197,927
Accruals and deferred income	12,957		32,146
Corporation tax	57,543		56,833
Other taxation and social security	19,441		2,028
Other creditors	14,798		9,945
	1,095,646		1,321,932

7. Related party transactions

During the year, loan repayments totalling £173,872 were made to J M Stratton & Co, a partnership in which J J Stratton is a partner. Interest of £73,763 was charged at a rate of 1.7% above the Bank of England base rate. The balance at the year end was £922,818 (2024: £1,022,927). The loan has no set date for repayment.

During the year, loan repayments totalling £140,000 were made to J M Stratton & Co Limited, a company of which J J Stratton is the sole director and a shareholder. The balance at the year end was £35,000 (2024: £175,000). The loan is interest-free and has no set date for repayment.

8. Off Balance Sheet arrangements

Through a registered charge dated 12 April 2022, HSBC UK Bank Plc hold a fixed and floating charge over all assets of the company.