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Registered number: 10764370
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Stobart Capital Limited
Financial statements
Information for filing with the registrar
31 July 2025
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Balance sheet
At 31 July 2025
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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1
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Balance sheet (continued)
At 31 July 2025
The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 April 2026.
Company registered number: 10764370
The notes on pages 3 to 5 form part of these financial statements.
2
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Notes to the financial statements
Year ended 31 July 2025
The company is a private company limited by shares, incorporated and domiciled in England and Wales. The address of the registered office is Fifteen Montgomery Way, Rosehill Industrial Estate, Carlisle, CA1 2RW.
2.Accounting policies
The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of |Ireland' (FRS 102) and the Companies Act 2006.
The financial statements have been prepared on a going concern basis, the validity of which depends upon the continued support of the director and shareholders.
Turnover represents fees received net of Value Added Tax.
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
The average monthly number of employees, including directors, during the year was 3 (2024 : 3).
3
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Notes to the financial statements
Year ended 31 July 2025
4
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Notes to the financial statements
Year ended 31 July 2025
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Prepayments and accrued income
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Creditors: amounts falling due within one year
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Amounts owed to other participating interests
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Other taxation and social security
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Accruals and deferred income
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Related party transactions
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During the year, the director used a loan account to record amounts due to and from the company. At the end of the year, the balance due from the company to the director was £4,626,823 (2024 £4,627,648 due from the company). The loan is unsecured, interest free and no fixed terms of repayment have been agreed.
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5
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