REGISTERED NUMBER: 11342064 (England and Wales)

Financial Statements

for the Year Ended 31 May 2026

for

Stewart Residential Lettings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I R Stewart

Mrs C L Deacon

M P Stewart

J C Stewart

REGISTERED OFFICE:

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

REGISTERED NUMBER:

11342064 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Investment property

4

926,060

931,060

CURRENT ASSETS

Cash at bank and in hand

39,168

28,031

CREDITORS

Amounts falling due within one year

5

646,980

649,231

NET CURRENT LIABILITIES

(607,812

)

(621,200

)

TOTAL ASSETS LESS CURRENT LIABILITIES

318,248

309,860

PROVISIONS FOR LIABILITIES

35,530

36,480

NET ASSETS

282,718

273,380

CAPITAL AND RESERVES

Called up share capital

400

400

Fair value reserve

6

151,470

155,520

Retained earnings

130,848

117,460

SHAREHOLDERS' FUNDS

282,718

273,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2026 and were signed on its behalf by:

J C Stewart - Director

1.	STATUTORY INFORMATION

Stewart Residential Lettings 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 as modified by the revaluation of certain assets.

Turnover

Turnover consists of rental received from the portfolio of investment properties. It is recognised when the right to receive the rent is unconditional.

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 Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2025

931,060

Revaluations

(5,000

)

At 31 May 2026

926,060

NET BOOK VALUE

At 31 May 2026

926,060

At 31 May 2025

931,060

Fair value at 31 May 2026 is represented by:

£

Valuation in 2021

841,060

Valuation in 2022

80,000

Valuation in 2023

20,000

Valuation in 2024

(40,000

)

Valuation in 2025

30,000

Valuation in 2026

(5,000

)

926,060

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Other creditors

646,980

649,231

6.

RESERVES

Fair

value

reserve

£

At 1 June 2025

155,520

Property revaluation

(4,050

)

At 31 May 2026

151,470