Stepping Stone Properties Ltd iXBRL

Company Registration Number: NI602767

Stepping Stone Properties Ltd

Unaudited Financial Statements

for the financial year ended 31 March 2026

Stepping Stone Properties Ltd

DIRECTOR AND OTHER INFORMATION


Director	Mr. Roderick Joyce


Company Registration Number	NI602767


Registered Office and Business Address	17 Roslyn Avenue
	Portadown
	Co. Armagh
	BT63 5BG
	Northern Ireland


Accountants	MG accountants
	(Portadown)
	25-27 Carleton Street
	Portadown
	Co. Armagh
	BT62 3EP
	Northern Ireland


Bankers	Bank of Ireland
	12 Trevor Hill
	Newry
	BT34 1DN
	Northern Ireland


Solicitors	RM Cullen & Sons
	16-22 Edward Street
	Portadown
	Co Armagh
	BT63 3NA

Stepping Stone Properties Ltd

Company Registration Number: NI602767

BALANCE SHEET

as at 31 March 2026

		2026	2025
	Notes	£	£

Fixed Assets

Investments

219,559

219,559

─────────

Current Assets

Debtors

56,109

54,111

Cash and cash equivalents

2,427

1,474

─────────

58,536

55,585

─────────

Creditors: amounts falling due within one year

(6,243)

(8,171)

─────────

Net Current Assets

52,293

47,414

─────────

Total Assets less Current Liabilities

271,852

266,973

Creditors:

amounts falling due after more than one year

(6,497)

(8,403)

─────────

Net Assets

265,355

258,570

═════════

Capital and Reserves

Called up share capital

100

100

Retained earnings

265,255

258,470

─────────

Equity attributable to owners of the company

265,355

258,570

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Director's Report.

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 17 August 2026



________________________________
Mr. Roderick Joyce
Director

Stepping Stone Properties Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2026

General Information

Stepping Stone Properties Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI602767. The registered office of the company is 17 Roslyn Avenue, Portadown, Co. Armagh, BT63 5BG, Northern Ireland which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the year ended 31 March 2026 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment

25% straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Investments

Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the financial year in which it is receivable.

Taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including director, during the financial year was 1, (2025 - 1).

2026

2025

Number

Number

Director

═════════


4.	Tangible assets
		Fixtures,
		fittings and
		equipment
		£
	Cost
	At 1 April 2025	2,523
		─────────

	At 31 March 2026	2,523
		─────────
	Depreciation
	At 1 April 2025	2,523
		─────────

	At 31 March 2026	2,523
		─────────
	Net book value
	At 31 March 2026	-
		═════════


5.	Investments
		Other
		investments

	Investments	£
	Cost

	At 31 March 2026	219,559
		─────────
	Net book value
	At 31 March 2026	219,559
		═════════
	At 31 March 2025	219,559
		═════════


6.	Debtors	2026	2025
		£	£

	Amounts owed by related parties	56,109	54,111
		═════════	═════════


7.	Creditors	2026	2025
	Amounts falling due within one year	£	£

	Bank loan	2,151	2,151
	Taxation (Note 9)	1,592	2,550
	Accruals	2,500	3,470
		─────────	─────────
		6,243	8,171
		═════════	═════════


8.	Creditors	2026	2025
	Amounts falling due after more than one year	£	£

	Bank loan	6,497	8,403
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 7)	2,151	2,151
	Repayable between one and two years	2,151	2,151
	Repayable between two and five years	4,346	6,252
		─────────	─────────
		8,648	10,554
		═════════	═════════


9.	Taxation	2026	2025
		£	£

	Creditors:
	Corporation tax	1,592	2,550
		═════════	═════════