Stannard Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07003704

STANNARD MANAGEMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I D Stannard

Mrs H T Stannard

REGISTERED OFFICE:

Clarke Nicklin House Brooks Drive,

Cheadle Royal Business Park

Cheadle

SK8 3TD

REGISTERED NUMBER:

07003704

ACCOUNTANTS:

Clarke Nicklin LLP

Chartered Accountants

Clarke Nicklin House

Brooks Drive

Cheadle Royal Business Park

Cheadle

Cheshire

SK8 3TD

FIXED ASSETS

Tangible assets

4

1,113

1,812

Investment property

5

1,125,184

935,000

1,126,297

936,812

CURRENT ASSETS

Debtors

6

731

698

Cash at bank

181,447

16,060

182,178

16,758

CREDITORS

Amounts falling due within one year

7

247,937

72,923

NET CURRENT LIABILITIES

(65,759

)

(56,165

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,060,538

880,647

CREDITORS

Amounts falling due after more than one
year

8

(546,204

)

(342,323

)

PROVISIONS FOR LIABILITIES

(64,681

)

(64,681

)

NET ASSETS

449,653

473,643

CAPITAL AND RESERVES

Called up share capital

10

100

1

Fair value reserve

11

194,496

Retained earnings

255,057

279,146

SHAREHOLDERS' FUNDS

449,653

473,643

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 July 2026 and were signed on its behalf by:

Mrs H T Stannard - Director

1.	STATUTORY INFORMATION

Stannard Management Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 September 2024

and 31 August 2025

14,251

4,991

19,242

DEPRECIATION

At 1 September 2024

14,251

3,179

17,430

Charge for year

-

699

At 31 August 2025

14,251

3,878

18,129

NET BOOK VALUE

At 31 August 2025

-

1,113

At 31 August 2024

-

1,812

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

935,000

Additions

190,184

At 31 August 2025

1,125,184

NET BOOK VALUE

At 31 August 2025

1,125,184

At 31 August 2024

935,000

Fair value at 31 August 2025 is represented by:

£

Valuation in 2018

132,737

Valuation in 2021

55,000

Valuation in 2022

(79,013

)

Valuation in 2023

65,000

Valuation in 2024

85,000

Valuation in 2025

866,460

1,125,184

If the properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

Cost

809,926

676,276

The properties were valued on an open market basis on 31 August 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

731

698

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Taxation and social security

666

479

Other creditors

247,271

72,444

247,937

72,923

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

546,204

342,323

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

546,204

342,323

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

546,204

342,323

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

99

Ordinary

1

99

1

Ordinary A

1

-

100

1

The following shares were allotted and fully paid for cash at par during the year:

98 Ordinary shares of 1 each

1 Ordinary A shares of 1 each

11.

RESERVES

Fair

value

reserve

£

At 1 September 2024

and 31 August 2025

194,496

12.	ULTIMATE CONTROLLING PARTY

The controlling party is I D Stannard.