REGISTERED NUMBER: 03427073 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

STATEBOND LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C Capsalis

Mrs G Capsalis

SECRETARY:

Mr C Capsalis

REGISTERED OFFICE:

Solar House

282 Chase Road

London

N14 6NZ

REGISTERED NUMBER:

03427073 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

BANKERS:

National Westminister Bank Plc

1 Crouch End Hill

London

N8 8EB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

67,493

67,381

67,493

67,381

CURRENT ASSETS

Debtors

6

34,853

18,183

Cash at bank and in hand

287,805

276,621

322,658

294,804

CREDITORS

Amounts falling due within one year

7

366,441

330,553

NET CURRENT LIABILITIES

(43,783

)

(35,749

)

TOTAL ASSETS LESS CURRENT LIABILITIES

23,710

31,632

CREDITORS

Amounts falling due after more than one year

8

20,625

25,125

NET ASSETS

3,085

6,507

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

2,985

6,407

SHAREHOLDERS' FUNDS

3,085

6,507

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 14 August 2026 and were signed on its behalf by:

Mr C Capsalis - Director

1.	STATUTORY INFORMATION

Statebond Limited is a private company, limited by shares , registered in England and Wales. 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.

Turnover

Turnover represents amounts derived from the provision of services to landlords and customers during the year, and is recognised at the date the service was provided. This is stated after trade discounts, other sales taxes and net of VAT.

Tangible fixed assets

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

Improvements to property

-

8% on reducing balance

Fixtures, fittings & equipment

-

8% on reducing balance

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.

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 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

90,000

AMORTISATION

At 1 December 2024

and 30 November 2025

90,000

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures,

to

fittings

property

& equipment

Totals

£

£

£

COST

At 1 December 2024

40,844

128,481

169,325

Additions

-

5,814

5,814

At 30 November 2025

40,844

134,295

175,139

DEPRECIATION

At 1 December 2024

6,125

95,819

101,944

Charge for year

2,777

2,925

5,702

At 30 November 2025

8,902

98,744

107,646

NET BOOK VALUE

At 30 November 2025

31,942

35,551

67,493

At 30 November 2024

34,719

32,662

67,381

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

-

1,316

Other debtors

9,848

13,254

Amounts due from related

parties

22,000

-

Prepayments

3,005

3,613

34,853

18,183

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

4,500

4,500

Trade creditors

20,675

18,970

Tax

50,279

33,439

Social security and other taxes

197

428

VAT

13,327

12,027

Client ledger balances

270,922

254,648

Amounts due to related party

3,041

3,041

Accrued expenses

3,500

3,500

366,441

330,553

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans - 1-2 years

4,500

4,500

Bank loans - 2-5 years

13,500

13,500

Bank loans more 5 yr by instal

2,625

7,125

20,625

25,125

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,625

7,125

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.25

30.11.24

value:

£

£

100

Ordinary

£1

100

100

10.	RELATED PARTY DISCLOSURES

The company is under the control of the directors who together own 100% of the issued share capital.