Steeplehouse Ltd - Filleted accounts

Registered number

06161739

Steeplehouse Ltd

Unaudited Filleted Accounts

31 March 2025

Steeplehouse Ltd
Registered number:		06161739
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		669,297			673,487

Current assets
Debtors	4	-			1,814
Cash at bank and in hand		2,536			4,566
		2,536			6,380

Creditors: amounts falling due within one year	5	(325,950)			(315,286)

Net current liabilities			(323,414)			(308,906)

Total assets less current liabilities			345,883			364,581

Creditors: amounts falling due after more than one year	6		(199,628)			(204,334)



Net assets			146,255			160,247

Capital and reserves
Called up share capital			2			2
Revaluation reserve	7		76,707			76,707
Profit and loss account			69,546			83,538

Shareholders' funds			146,255			160,247

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.




Mrs LA Armitage
Director
Approved by the board on 31 October 2025

Steeplehouse Ltd
Notes to the Accounts
for the year ended 31 March 2025


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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 4 years

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2024	666,707		16,760		683,467
	At 31 March 2025	666,707		16,760		683,467

	Depreciation
	At 1 April 2024	-		9,980		9,980
	Charge for the year	-		4,190		4,190
	At 31 March 2025	-		14,170		14,170

	Net book value
	At 31 March 2025	666,707		2,590		669,297
	At 31 March 2024	666,707		6,780		673,487


4	Debtors			2025		2024
£					£

	Trade debtors			-		585
	Other debtors			-		1,229
				-		1,814


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			5,192		7,278
	Trade creditors			10,316		2,179
	Taxation and social security costs			(195)		2,420
	Other creditors			310,637		303,409
				325,950		315,286


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			199,628		204,334


7	Revaluation reserve			2025		2024
£					£

	At 1 April 2024			76,707		76,707

	At 31 March 2025			76,707		76,707


8	Other information

	Steeplehouse Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Waella
	Wallrake
	Heswall
	Merseyside
	CH60 8PG