Stampflat Limited - Filleted accounts

Registered number

05308762

Stampflat Limited

Filleted Accounts

31 March 2025

Stampflat Limited
Registered number:		05308762
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Investments	3		125,001			125,001

Current assets
Debtors	4	11,761,091			11,762,963
Cash at bank and in hand		60,288			53,060
		11,821,379			11,816,023

Creditors: amounts falling due within one year	5	(34,779)			(35,112)

Net current assets			11,786,600			11,780,911

Net assets			11,911,601			11,905,912

Capital and reserves
Called up share capital			3,959,941			3,959,941
Profit and loss account			7,951,660			7,945,971

Shareholders' funds			11,911,601			11,905,912

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.




S T Glanville
Director
Approved by the board on 15 December 2025

Stampflat Limited
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).

	The accounts are presented in pounds sterling (£).

	The accounts are prepared on the historical cost basis except that investment properties are stated at their fair value.

	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.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses.

	Investment Property
	Investment properties are properties which are held either to earn rental income or for capital appreciation or for both. Investment properties are stated at fair value. Any gain or loss arising from a change in fair value is recognised in the profit and loss statement. Deferred taxation is provided on these gains or losses at the rate expected to apply when the property is sold. Rental income from investment property is accounted for as described in the turnover accounting policy. Gains or losses arising from the retirement or disposal of investment property, being the difference between the net disposal proceeds and carrying value, are included in profit or loss for the year of the retirement/disposal.

	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					2025		2024
Number							Number

	Average number of persons employed by the company					0		0

	The company had no employees during the current or preceeding financial years. No fees are paid in respect of directors' services.

3	Investments
Investments in
subsidiary					Investment
undertakings					Property		Total
£					£		£
	Cost
	At 1 April 2024			1		125,000		125,001

	At 31 March 2025			1		125,000		125,001

	The company has valued its investments at fair value.
	The company owns 100% of the shares of Jolan Piccadilly Limited, a property investment company registered in the United Kingdom with registered address at First Floor, Finchale House, Belmont Business Park, Durham, DH1 1TW.


4	Debtors					2025		2024
£							£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest					11,761,091		11,758,763


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

	Trade creditors					1,500		1,500
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					29,387		29,427
	Other creditors					3,892		4,185
						34,779		35,112


6	Related party transactions

	The company undertook the following transactions with entities whose directors (or general partner's directors) include directors of this company:
		Transactions in the year				Amounts due from / (to)
		2025		2024		2025		2024
£			£		£		£
	API Limited
	Fees in respect of property management services	3,000		3,000		(1,963)		-

	Bruder Property Limited
	Payments made on account	1,164		-		1,164		-

	Crossco Limited
	Payments made on account	-		-		10,772,500		10,772,500

	Derandd Investment Partners LP
	Payments made on account	-		-		689,498		689,498

	Golftee LP 4 Limited
	Purchase of subsidiary	-		-		-		(1)

	Jolan Piccadilly Limited
	Loan for property purchase	-		-		214,114		214,114

	Michael Noble Investments
	Fees in respect of directors' services	3,000		3,000		82,651		82,651

	Reger Holding Limited
	Payments made on account	-		-		(27,424)		(29,085)

	Reger Property Limited
	Payments made on account	1,164		-		1,164		-

	All related party balances are unsecured and will be settled by cash generated from operations.


7	Controlling party

	The company is a wholly owned subsidiary of Crossco Limited, a company registered in England and Wales whose registered address is the same as for Stampflat Limited, which is disclosed on the company information page. The directors regard Crossco Limited as the immediate controlling party. In the directors' opinion there is no ultimate controlling party. The results of the company are not included in any group financial statements.


8	Other information

	Stampflat Limited is a private company limited by shares and incorporated in England. Its registered office is:
	First Floor, Finchale House
	Belmont Business Park
	Durham
	DH1 1TW