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Company Registration No. 01415733 (England and Wales)
Stewart Michael (london) Limited Unaudited accounts for the year ended 31 March 2026
Stewart Michael (london) Limited Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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Stewart Michael (london) Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
522,540
522,540
Current assets
Cash at bank and in hand
66,326
76,822
Creditors: amounts falling due within one year
5
(68,214)
(50,695)
Net current (liabilities)/assets
(1,888)
26,127
Net assets
520,652
548,667
Capital and reserves
Called up share capital
140,000
140,000
Revaluation reserve
164,330
164,330
Profit and loss account
216,322
244,337
Shareholders' funds
520,652
548,667
For the year ending 31 March 2026 the company was entitled to exemption from audit 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 and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 May 2026 and were signed on its behalf by
Mr S M Kerry Director Company Registration No. 01415733
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Stewart Michael (london) Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Stewart Michael (london) Limited is a private company, limited by shares, registered in England and Wales, registration number 01415733. The registered office is 14 Uphill Drive, London, London, NW7 4RR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
not depreciated
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 April 2025
529,000
At 31 March 2026
529,000
Depreciation
At 1 April 2025
6,460
At 31 March 2026
6,460
Net book value
At 31 March 2026
522,540
At 31 March 2025
522,540
5
Creditors: amounts falling due within one year
2026
2025
£
£
Taxes and social security
3,750
4,683
Loans from directors
63,214
44,762
Accruals
1,250
1,250
68,214
50,695
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Stewart Michael (london) Limited Notes to the Accounts for the year ended 31 March 2026
6
Transactions with related parties
At the year end the company owed the director, Mr. S. Kerry £63,214 (2025 - £44,762) in respect of an interest free loan which is repayable on demand.
7
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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