REGISTERED NUMBER: 12507849 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

STUART SMITH PROPERTY LTD

Page

Company Information

1

Report of the Accountants

2

Balance Sheet

3

Notes to the Financial Statements

5

Directors:

Mr S A Smith

Mrs S J Bond

Registered office:

1 Foley Cottages

High Street

Claygate

Esher

Surrey

KT10 0JW

Registered number:

12507849 (England and Wales)

Accountants:

Workwell People Solutions Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages three to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Workwell People Solutions Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

Date: .............................................

Fixed assets

Investment property

5

157,400

158,000

Current assets

Cash at bank

34,086

38,272

Creditors

Amounts falling due within one year

6

188,614

188,302

Net current liabilities

(154,528

)

(150,030

)

Total assets less current liabilities

2,872

7,970

Creditors

Amounts falling due after more than one year

7

43,295

49,395

Net liabilities

(40,423

)

(41,425

)

Capital and reserves

Called up share capital

9

100

100

Fair value reserve

(36,034

)

(35,434

)

Retained earnings

(4,489

)

(6,091

)

Shareholders' funds

(40,423

)

(41,425

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

Mr S A Smith - Director

1.	Statutory information

Stuart Smith Property Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

At the balance sheet date, the company's liabilities exceed its assets. The company has received assurances from its shareholders that they will continue to give full financial support to the company for the next twelve months.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

4.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

5.	Investment property

Total

£

Fair value

At 1 April 2024

158,000

Revaluations

(600

)

At 31 March 2025

157,400

Net book value

At 31 March 2025

157,400

At 31 March 2024

158,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2022

(36,434

)

Valuation in 2023

(14,451

)

Valuation in 2024

15,451

Valuation in 2025

(600

)

Cost

193,434

157,400

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Other Creditors

187,249

187,249

Directors' current accounts

1,365

1,053

188,614

188,302

Other creditors include an amount of £187,249 payable to Stuart Smith Planner Ltd in which Mr S Smith, is an director and significant shareholder of the company.

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans more 5 yr by instal

43,295

49,395

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

43,295

49,395

8.	Secured debts

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

43,295

49,395

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr S A Smith

Balance outstanding at start of year

(1,053

)

(741

)

Amounts advanced

-

10,158

Amounts repaid

(312

)

(10,470

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,365

)

(1,053

)