Stonehouse Property Investment Services Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04874468

STONEHOUSE PROPERTY INVESTMENT SERVICES LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

29 August 2025

STONEHOUSE PROPERTY INVESTMENT SERVICES LIMITED

STATEMENT OF FINANCIAL POSITION

29 August 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	6	1,464,622	1,311,176
Investments	7	163,200	163,200
		------------	------------
		1,627,822	1,474,376

CURRENT ASSETS

Debtors	8	1,686,120	1,549,161
Cash at bank and in hand		261,284	236,949
		------------	------------
		1,947,404	1,786,110

CREDITORS: amounts falling due within one year	9	( 580,893)		( 519,889)
		------------		------------
NET CURRENT ASSETS			1,366,511		1,266,221
			------------		------------
TOTAL ASSETS LESS CURRENT LIABILITIES			2,994,333		2,740,597

CREDITORS: amounts falling due after more than one year	10		( 202,797)		( 205,907)

PROVISIONS

Taxation including deferred tax	( 2,370)	( 2,693)
	------------	------------
NET ASSETS	2,789,166	2,531,997
	------------	------------

CAPITAL AND RESERVES

Called up share capital	100	100
Profit and loss account	2,789,066	2,531,897
	------------	------------
SHAREHOLDER FUNDS	2,789,166	2,531,997
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 29 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

STONEHOUSE PROPERTY INVESTMENT SERVICES LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

29 August 2025

These financial statements were approved by the board of directors and authorised for issue on 26 May 2026 , and are signed on behalf of the board by:

S. D. Harris
Director

Company registration number: 04874468

STONEHOUSE PROPERTY INVESTMENT SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 29 AUGUST 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 Victoria Road, Leeds, LS6 1AS.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises revenue recognised by the company in respect of services supplied, exclusive of Value Added Tax.

Income tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold Property improvements	-	5% straight line
Fixtures & Fittings	-	15% reducing balance
Computer Equipment	-	33% straight line

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its open market value at each reporting date and any changes in value are recognised in the statement of income and retained earnings.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit and loss.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 6 (2024: 6 ).

5. INTANGIBLE ASSETS

	Goodwill
	£
Cost
At 30 August 2024 and 29 August 2025	50,000
	--------
Amortisation
At 30 August 2024 and 29 August 2025	50,000
	--------
Carrying amount
At 29 August 2025	–
	--------
At 29 August 2024	–
	--------

6. TANGIBLE ASSETS

	Investment property	Long leasehold property	Fixtures and fittings	Equipment	Total
	£	£	£	£	£
Cost
At 30 August 2024	1,300,405	2,903	31,606	18,791	1,353,705
Additions	154,737	–	–	–	154,737
	------------	-------	--------	--------	------------
At 29 August 2025	1,455,142	2,903	31,606	18,791	1,508,442
	------------	-------	--------	--------	------------
Depreciation
At 30 August 2024	–	379	23,359	18,791	42,529
Charge for the year	–	54	1,237	–	1,291
	------------	-------	--------	--------	------------
At 29 August 2025	–	433	24,596	18,791	43,820
	------------	-------	--------	--------	------------
Carrying amount
At 29 August 2025	1,455,142	2,470	7,010	–	1,464,622
	------------	-------	--------	--------	------------
At 29 August 2024	1,300,405	2,524	8,247	–	1,311,176
	------------	-------	--------	--------	------------

The investment properties have been valued on an open market basis by the director as at 29 August 2025.

7. INVESTMENTS

	Other investments other than loans
	£
Cost
At 30 August 2024 and 29 August 2025	163,200
	---------
Impairment
At 30 August 2024 and 29 August 2025	–
	---------

Carrying amount
At 29 August 2025	163,200
	---------
At 29 August 2024	163,200
	---------

8. DEBTORS

	2025	2024
	£	£
Trade debtors	7,562	39,590
Other debtors	1,678,558	1,509,571
	------------	------------
	1,686,120	1,549,161
	------------	------------

9. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	25,989	43,520
Corporation tax	318,339	222,131
Social security and other taxes	40,994	22,409
Other creditors	195,571	231,829
	---------	---------
	580,893	519,889
	---------	---------

10. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	202,797	205,907
	---------	---------