Stanford Capital Partners Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11192616 (England and Wales)

Unaudited Financial Statements

for the period

7 February 2018 to 31 March 2019

for

Stanford Capital Partners Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Claridge

W R Ruffler

SECRETARY:

REGISTERED OFFICE:

Warden House

37 Manor Road

Colchester

Essex

CO3 3LX

REGISTERED NUMBER:

11192616 (England and Wales)

ACCOUNTANTS:

Tile & Co

Warden House

37 Manor Road

Colchester

Essex

CO3 3LX

FIXED ASSETS

Tangible assets

4

2,189

CURRENT ASSETS

Debtors

5

9,036

Cash at bank

157,518

166,554

CREDITORS

Amounts falling due within one year

6

22,858

NET CURRENT ASSETS

143,696

TOTAL ASSETS LESS CURRENT LIABILITIES

145,885

CAPITAL AND RESERVES

Called up share capital

7

1,000

Share premium

240,000

Retained earnings

(95,115

)

SHAREHOLDERS' FUNDS

145,885

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2019 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 on 30 October 2019 and were signed on its behalf by:

W R Ruffler - Director

P Claridge - Director

1.	STATUTORY INFORMATION

Stanford Capital Partners 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost and 15% on cost

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

3,167

At 31 March 2019

3,167

DEPRECIATION

Charge for period

978

At 31 March 2019

978

NET BOOK VALUE

At 31 March 2019

2,189

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

8,536

Other debtors

500

9,036

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

13,010

Taxation and social security

348

Other creditors

9,500

22,858

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

500

Ordinary

£1

500

500

Ordinary

£1

500

1,000

500 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

500 Ordinary shares of £1 each were allotted as fully paid at a premium of 480 per share during the period.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company paid consultancy fees to Claridge Associates amounting to £80,068 during the financial period. Mr

P Claridge, a director of the company, is also involved with Claridge Associates.