Company No: 09309933 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	0		1,834
Tangible assets	4	3,877		3,702
		3,877		5,536
Current assets
Debtors	5	232,254		197,907
Cash at bank and in hand		157,105		75,257
		389,359		273,164
Creditors: amounts falling due within one year	6	( 381,412)		( 264,437)
Net current assets		7,947		8,727
Total assets less current liabilities		11,824		14,263
Provision for liabilities		( 1,000)		( 926)
Net assets		10,824		13,337
Capital and reserves
Called-up share capital	7	120		120
Profit and loss account		10,704		13,217
Total shareholders' funds		10,824		13,337

For the financial year ending 30 November 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Staunton Property Limited (registered number: 09309933) were approved and authorised for issue by the Board of Directors on 20 October 2026. They were signed on its behalf by:

Mr J Rooth Director

Mr H Boulter Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Staunton Property Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office and principal place of business is Culver Combe, Chudleigh, TQ13 0EL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the provision of services to customers.

Employee benefits

Defined contribution schemes
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to define contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Office equipment

25 % reducing balance

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 December 2024	55,000		55,000
At 30 November 2025	55,000		55,000
Accumulated amortisation
At 01 December 2024	53,166		53,166
Charge for the financial year	1,834		1,834
At 30 November 2025	55,000		55,000
Net book value
At 30 November 2025	0		0
At 30 November 2024	1,834		1,834

4. Tangible assets

	Office equipment		Total
	£		£
Cost
At 01 December 2024	22,906		22,906
Additions	1,467		1,467
At 30 November 2025	24,373		24,373
Accumulated depreciation
At 01 December 2024	19,204		19,204
Charge for the financial year	1,292		1,292
At 30 November 2025	20,496		20,496
Net book value
At 30 November 2025	3,877		3,877
At 30 November 2024	3,702		3,702

5. Debtors

	2025		2024
	£		£
Trade debtors	39,088		110,719
Amounts owed by directors	0		143
Accrued income	176,526		70,548
Other debtors	16,640		16,497
	232,254		197,907

£16,640 (2024: £16,640) of a loan made to an associated company is classified as non current. The loan bears no interest and is repayable on 1 August 2027.

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	1,441		707
Amounts owed to associates	9,714		9,714
Amounts owed to directors	62,384		2,389
Accruals	2,500		4,603
Taxation and social security	224,013		165,664
Other creditors	81,360		81,360
	381,412		264,437

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
30 Ordinary A shares of £ 1.00 each	30		30
30 Ordinary B shares of £ 1.00 each	30		30
30 Ordinary C shares of £ 1.00 each	30		30
30 Ordinary D shares of £ 1.00 each	30		30
	120		120