Company registration number 15768703 (England and Wales)
STELLING PROPERTIES ASSET MANAGEMENT LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025
PAGES FOR FILING WITH REGISTRAR
STELLING PROPERTIES ASSET MANAGEMENT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
STELLING PROPERTIES ASSET MANAGEMENT LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2025
31 August 2025
- 1 -
2025
Notes
£
£
Current assets
Debtors
4
41,730
Creditors: amounts falling due within one year
5
(19,029)
Net current assets
22,701
Capital and reserves
Called up share capital
6
100
Profit and loss reserves
22,601
Total equity
22,701

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements. true

The financial statements were approved by the board of directors and authorised for issue on 19 May 2026 and are signed on its behalf by:
Mr J Alvarez-Landaluce
Director
Company registration number 15768703 (England and Wales)
STELLING PROPERTIES ASSET MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025
- 2 -
1
Accounting policies
Company information

Stelling Properties Asset Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is Coxford Farm Depot, Overton Road, Micheldever Station, Winchester, Hampshire, SO21 3AN.

1.1
Reporting period

The current reporting period covers the 14 months and 22 days from 10 June 2024 to 31 August 2025. There is no comparative period.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Turnover

Turnover relates to management charges received from related parties and is recognised on an accruals basis.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

STELLING PROPERTIES ASSET MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 3 -
Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

It is considered that the company has no significant judgements, estimates and assumptions that would have a material impact on the financial statements.

STELLING PROPERTIES ASSET MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST 2025
- 4 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the Period was:

2025
Number
Total
2
4
Debtors
2025
Amounts falling due within one year:
£
Trade debtors
1
Amounts owed by group undertakings
41,719
Other debtors
10
41,730
5
Creditors: amounts falling due within one year
2025
£
Other creditors
19,029
6
Called up share capital
2025
2025
Ordinary share capital
Number
£
Issued and fully paid
Ordinary shares of £1 each
100
100

During the period the company issued 100 shares at £1 per a share.

7
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 August 2025 and of its profit for the Period then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

STELLING PROPERTIES ASSET MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST 2025
7
Audit report information
(Continued)
- 5 -
Senior Statutory Auditor:
Adam Buse FCA
Statutory Auditor:
Fiander ETL
Date of audit report:
19 May 2026
8
Related party transactions

The company has taken advantage of the exemption in FRS 102 Section 33.1A to not disclose transactions with wholly owned group entities.

9
Parent company

The Company's immediate parent company is Stelling Properties (Holdings) Limited, a company incorporated in the United Kingdom. Its registered office is Coxford Farm Depot, Overton Road, Micheldever Station, Winchester, SO21 3AN.

The ultimate parent company is Walnut Developments Limited, a company incorporated in Jersey. T he entity's registered office is 4th floor, St Paul's Gate, 22 - 24 New Street, St Helier, Jersey.

The following are the parents of the largest and smallest groups in which this company's results are consolidated:

Largest group
Stelling Property (Holdings) Limited
Smallest group
Stelling Property (Holdings) Limited
2025-08-31 2024-06-10 false false false 19 May 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity A Walker Mr J Alvarez-Landaluce 15768703 2024-06-10 2025-08-31 15768703 2025-08-31 15768703 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 15768703 core:WithinOneYear 2025-08-31 15768703 core:ShareCapital 2025-08-31 15768703 core:RetainedEarningsAccumulatedLosses 2025-08-31 15768703 core:ShareCapitalOrdinaryShareClass1 2025-08-31 15768703 bus:Director2 2024-06-10 2025-08-31 15768703 core:CurrentFinancialInstruments 2025-08-31 15768703 bus:OrdinaryShareClass1 2024-06-10 2025-08-31 15768703 bus:OrdinaryShareClass1 2025-08-31 15768703 bus:PrivateLimitedCompanyLtd 2024-06-10 2025-08-31 15768703 bus:SmallCompaniesRegimeForAccounts 2024-06-10 2025-08-31 15768703 bus:FRS102 2024-06-10 2025-08-31 15768703 bus:Audited 2024-06-10 2025-08-31 15768703 bus:Director1 2024-06-10 2025-08-31 15768703 bus:FullAccounts 2024-06-10 2025-08-31 xbrli:pure xbrli:shares iso4217:GBP