REGISTERED NUMBER: 08042216 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Stack Homes Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D P Stack

REGISTERED OFFICE:

44 Friar Gate

Derby

Derbyshire

DE1 1DA

REGISTERED NUMBER:

08042216 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Investment property

4

535,000

379,413

CURRENT ASSETS

Debtors

5

66,143

20,588

Cash at bank

5,071

60,604

71,214

81,192

CREDITORS

Amounts falling due within one year

6

13,819

32,116

NET CURRENT ASSETS

57,395

49,076

TOTAL ASSETS LESS CURRENT LIABILITIES

592,395

428,489

CREDITORS

Amounts falling due after more than one year

7

(327,906

)

(317,933

)

PROVISIONS FOR LIABILITIES

(29,600

)

-

NET ASSETS

234,889

110,556

CAPITAL AND RESERVES

Called up share capital

3

3

Fair value reserve

9

125,987

-

Retained earnings

9

108,899

110,553

234,889

110,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 December 2025 and were signed by:

D P Stack - Director

1.	STATUTORY INFORMATION

Stack Homes Limited 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents property rentals receivable. Rental income is recognised in the period it is due.

Investment property

Investment property is not depreciated but is revalued annually at its fair value in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss and is then transferred to a fair value reserve.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, including provisions made for potential tax arising on assets which have been revalued.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

379,413

Revaluations

155,587

At 30 April 2025

535,000

NET BOOK VALUE

At 30 April 2025

535,000

At 30 April 2024

379,413

Fair value at 30 April 2025 is represented by:

£

Valuation in 2025

535,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

379,413

379,413

Aggregate depreciation

(63,518

)

(54,440

)

Investment property was valued on a fair value basis on 30 April 2025 by the director .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

400

-

Amounts owed by associates

64,027

20,027

Director's current accounts

1,117

-

Prepayments

599

561

66,143

20,588

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

6,252

6,142

Trade creditors

227

141

Social security and other taxes

779

615

Other creditors

5,461

5,461

Director's current accounts

-

18,957

Accrued expenses

1,100

800

13,819

32,116

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans

2,073

8,282

Bank loans

325,833

309,651

327,906

317,933

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans

325,833

309,651

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

325,833

309,651

The loans are secured against the properties that they relate to.

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 May 2024

110,553

-

110,553

Profit for the year

124,333

124,333

Revaluations

(155,587

)

155,587

-

Deferred taxation

29,600

(29,600

)

-

At 30 April 2025

108,899

125,987

234,886

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year a net advance of £1,117 was made to the director. The balance is interest free and repayable on demand.