STEM DEVELOPMENTS LIMITED


Directors	FLETCHER JONES, David Francis
	WILLIAMS, Alan Joseph
	WILLIAMS, Susan Gillian


Company Secretary	FLETCHER JONES, David Francis


Registered Address	C/O Bulpitt Crocker Taxation Limited Tayfield House
	38 Poole Road
	Westbourne
	BH4 9DW


Registered Number	00782311 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		1,000,000		1,000,000
			1,000,000		1,000,000
Current assets
Debtors		2,630		-
Cash at bank and on hand		33,258		5,418
		35,888		5,418
Creditors amounts falling due within one year	4	(35,499)		(51,547)
Net current assets (liabilities)			389		(46,129)
Total assets less current liabilities			1,000,389		953,871
Provisions for liabilities	5		(240,013)		(240,013)
Net assets			760,376		713,858
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			759,376		712,858
Shareholders' funds			760,376		713,858

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 21 November 2025, and are signed on its behalf by:

WILLIAMS, Alan Joseph
Director
Registered Company No. 00782311

STEM DEVELOPMENTS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover relates to rental income receivable for the financial year.

	Deferred tax
	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.

Deferred tax

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.

	Investment property
	The investment property is included in the accounts at fair value. Gains on revaluation are recognised in the income statement. Deferred tax is provided on these gains at the rate of corporation tax expected to apply when the property is sold.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Investment property


		£
	Fair value at 01 April 24	1,000,000
	At 31 March 25	1,000,000

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	4,300
Taxation and social security	23,107	-
Other creditors	10,501	45,459
Accrued liabilities and deferred income	1,891	1,788
Total	35,499	51,547


	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.

5.	Provisions for liabilities
	Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event and it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

	2025	2024
	£	£
Net deferred tax liability (asset)	240,013	240,013
Total	240,013	240,013