ANGELA SWIFT DEVELOPMENTS (STAINTON) LIMITED


Directors	KETTLEWELL, Gary Peter
	SKINNER, Jenna Lee
	SWIFT, Angela
	WILSON, Steven Martin


Registered Address	Windsor House
	Cornwall Road
	Harrogate
	HG1 2PW


Registered Number	10981616 (England and Wales)

Statement of Financial Position
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Investment property	3		-		700,450
			-		700,450
Current assets
Stocks	4	908,665		-
Debtors	5	4,716		-
Cash at bank and on hand		4,095		5
		917,476		5
Creditors amounts falling due within one year	6	(67,728)		(35,531)
Net current assets (liabilities)			849,748		(35,526)
Total assets less current liabilities			849,748		664,924
Creditors amounts falling due after one year	7		(976,553)		(821,078)
Net assets			(126,805)		(156,154)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(126,905)		(156,254)
Shareholders' funds			(126,805)		(156,154)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 2 July 2026, and are signed on its behalf by:

SKINNER, Jenna Lee
Director
Registered Company No. 10981616

ANGELA SWIFT DEVELOPMENTS (STAINTON) LIMITED

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The directors have reviewed the company's financial position and taking into account the availability of working capital and the ongoing support from its shareholders, the directors have concluded that the company will be able to meet its financial obligations as they fall due for at least twelve months from the date of approval of these financial statements. Consequently, these financial statements have been prepared on the basis that the company is a going concern.

Going concern

The directors have reviewed the company's financial position and taking into account the availability of working capital and the ongoing support from its shareholders, the directors have concluded that the company will be able to meet its financial obligations as they fall due for at least twelve months from the date of approval of these financial statements. Consequently, these financial statements have been prepared on the basis that the company is a going concern.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Investment property
	Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate. These values are adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Income Statement. Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

Stocks and work in progress

Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). 

At each date of Statement of Financial Position, stocks are assessed for impairment.  If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell.  The impairment loss is recognised immediately in the Income Statement.

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	4		2

3.	Investment property


		£
	Fair value at 01 February 25	700,450
	Disposals	(700,450)
	At 31 January 26	-

4.	Stocks

	2026	2025
	£	£
Other stocks	908,665	-
Total	908,665	-

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Other debtors	4,716	-
Total	4,716	-


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	51,340	33,256
Taxation and social security	12,388	-
Accrued liabilities and deferred income	4,000	2,275
Total	67,728	35,531


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2026	2025
	£	£
Amounts owed to related parties	976,553	821,078
Total	976,553	821,078

8.	Related party transactions
	A Swift and J Skinner are directors of both Angela Swift Developments (Stainton) Ltd and Angela Swift Developments Group Ltd. At the year end, Angela Swift Developments (Stainton) Ltd owes £976,553 to Angela Swift Developments Group Ltd and is disclosed in creditors due after one year. No interest has been charged on this loan. Trade creditors disclosed as £51,340 also includes £44,056 owed to Angela Swift Developments Group Ltd.

Related party transactions

A Swift and J Skinner are directors of both Angela Swift Developments (Stainton) Ltd and Angela Swift Developments Group Ltd. At the year end, Angela Swift Developments (Stainton) Ltd owes £976,553 to Angela Swift Developments Group Ltd and is disclosed in creditors due after one year. No interest has been charged on this loan.

Trade creditors disclosed as £51,340 also includes £44,056 owed to Angela Swift Developments Group Ltd.

9.	Controlling party
	Angela Swift Developments (Stainton) Ltd is a subsidiary of Angela Swift Developments Group Ltd, company number 09374987, whom own 75% of the share capital of the company.