Stef Homes Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 14084352 (England and Wales)

Unaudited Financial Statements

for the Period 4 May 2022 to 31 May 2023

for

Stef Homes Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr S G Genchev

REGISTERED OFFICE:

2C Woolstone Road

London

SE23 2SG

REGISTERED NUMBER:

14084352 (England and Wales)

ACCOUNTANTS:

E Johnson & Associates

Chartered Certified Accountants

637 Green Lanes

London

N8 0RE

CURRENT ASSETS

Cash at bank and in hand

1,694

CREDITORS

Amounts falling due within one year

4

1,894

NET CURRENT LIABILITIES

(200

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(200

)

CAPITAL AND RESERVES

Called up share capital

5

100

Retained earnings

6

(300

)

SHAREHOLDERS' FUNDS

(200

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 10 July 2023 and were signed by:

Mr S G Genchev - Director

1.	STATUTORY INFORMATION

Stef Homes Ltd 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

The financial statements have been prepared on the going concern basis. This assumes that the company will continue in operational existence for the foreseeable future.

At the balance sheet date, the company's liabilities for the period from 4 May 2022 to 31 May 2023 exceed its assets. The director of the company has sought assurance from the creditors that their debts will not be called in within the next twelve months.

The director has been therefore deemed it appropriate that the financial statements be prepared on the going concern basis.

Taxation

Taxation for the period 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Directors' current accounts

1,594

Accrued expenses

300

1,894

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

6.

RESERVES

Retained

earnings

£

Deficit for the period

(300

)

At 31 May 2023

(300

)

7.	RELATED PARTY DISCLOSURES

During the year, no dividend was paid to the director.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr S G Genchev.

By virtue of being the sole director of the company and controls 100% of the ordinary share capital of the company.