Stand Estates Ltd

(Registration number: 5120750)
Balance Sheet as at 30 May 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	-	272
Investment property	5	-	500,000
		-	500,272
Current assets
Debtors	7	246,383	-
Cash at bank and in hand		2,237	59,600
		248,620	59,600
Creditors: Amounts falling due within one year	8	(55,255)	(116,644)
Net current assets/(liabilities)		193,365	(57,044)
Total assets less current liabilities		193,365	443,228
Creditors: Amounts falling due after more than one year	8	-	(183,814)
Provisions for liabilities		-	(7,721)
Net assets		193,365	251,693
Capital and reserves
Called up share capital		2	2
Profit and loss account		193,363	92,334
Non-distributable reserve		-	159,357
Total equity		193,365	251,693

Stand Estates Ltd

(Registration number: 5120750)
Balance Sheet as at 30 May 2025

For the financial period ending 30 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 May 2026 and signed on its behalf by:
 

......................................... B D Warfman Director

Stand Estates Ltd

Notes to the Unaudited Financial Statements for the Period from 1 June 2024 to 30 May 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
43 Northumberland Street
Salford
Greater Manchester
M7 4DQ
United Kingdom

These financial statements were authorised for issue by the Board on 6 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises rents receivable in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Stand Estates Ltd

Notes to the Unaudited Financial Statements for the Period from 1 June 2024 to 30 May 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture Fittings and Equipment	15% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors. The directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Stand Estates Ltd

Notes to the Unaudited Financial Statements for the Period from 1 June 2024 to 30 May 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2024 - 2).

Stand Estates Ltd

Notes to the Unaudited Financial Statements for the Period from 1 June 2024 to 30 May 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 June 2024	3,890	3,890
At 30 May 2025	3,890	3,890
Depreciation
At 1 June 2024	3,618	3,618
Charge for the period	272	272
At 30 May 2025	3,890	3,890
Carrying amount
At 30 May 2025	-	-
At 31 May 2024	272	272

5	Investment properties

	2025 £
At 1 June 24	500,000
Disposals	(500,000)
At 30 May 25	-

There has been no valuation of investment property by an independent valuer.
 

Stand Estates Ltd

Notes to the Unaudited Financial Statements for the Period from 1 June 2024 to 30 May 2025

6

Stocks

2025 £

2024 £

7

Debtors

Current	2025 £	2024 £
Other debtors	246,383	-
	246,383	-

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	-	8,000
Taxation and social security		-	2,301
Accruals and deferred income		1,482	2,103
Other creditors		53,773	104,240
		55,255	116,644

The bank loans are secured.

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	-	183,814

The bank loans are secured.

Stand Estates Ltd

Notes to the Unaudited Financial Statements for the Period from 1 June 2024 to 30 May 2025

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	183,814

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	8,000