Staton Young Investments Limited - Period Ending 2022-05-31

Staton Young Investments Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3

Staton Young Investments Limited

Company Information

Directors

M L Brough R L Brough

Registered office

Derwent Business Centre Clarke Street Derby Derbyshire DE1 2BU

Accountants

Ashgates Corporate Services Limited  5 Prospect Place Millennium Way Pride Park Derby DE24 8HG

Staton Young Investments Limited

(Registration number: 12620689)
Balance Sheet as at 31 May 2022

	Note	2022 £	2021 £
Current assets
Cash at bank and in hand		2	2
Capital and reserves
Called up share capital	3	2	2
Shareholders' funds		2	2

For the financial year ending 31 May 2022 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 22 February 2023 and signed on its behalf by:
 

M L Brough Director

Staton Young Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2022

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of the registered office is given in the company information on page 1 of the financial statements.
 

These financial statements were authorised for issue by the Board on 22 February 2023.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Sterling (£) and rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis.

3	Share capital

Allotted, called up and fully paid shares

	2022		2021
	No.	£	No.	£
Ordinary shares of £1 each	2	2	2	2