STIRLING LAND LIMITED

STIRLING LAND LIMITED

STIRLING LAND LIMITED - Company Information

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STIRLING LAND LIMITED

Company Registration Number:
11511241 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2022

Period of accounts

Start date: 01 November 2021

End date: 31 October 2022

STIRLING LAND LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2022

Balance sheet
Notes

STIRLING LAND LIMITED

Balance sheet

As at 31 October 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 23,000,000 23,000,000
Investments: 4 2 2
Total fixed assets: 23,000,002 23,000,002
Current assets
Debtors: 5 618,997 614,306
Cash at bank and in hand: 130,476 1,400,585
Investments: 6 851,679 0
Total current assets: 1,601,152 2,014,891
Creditors: amounts falling due within one year: 7 (2,577,772) (2,698,615)
Net current assets (liabilities): (976,620) (683,724)
Total assets less current liabilities: 22,023,382 22,316,278
Creditors: amounts falling due after more than one year: 8 (10,900,000) (10,900,000)
Total net assets (liabilities): 11,123,382 11,416,278
Capital and reserves
Called up share capital: 900 900
Share premium account: 11,846,722 11,846,722
Profit and loss account: (724,240) (431,344)
Shareholders funds: 11,123,382 11,416,278

The notes form part of these financial statements

STIRLING LAND LIMITED

Balance sheet statements

For the year ending 31 October 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 June 2023
and signed on behalf of the board by:

Name: AM Ward
Status: Director

The notes form part of these financial statements

STIRLING LAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

STIRLING LAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

2. Employees

2022 2021
Average number of employees during the period 0 0

STIRLING LAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Tangible Assets

Total
Cost £
At 01 November 2021 23,000,000
At 31 October 2022 23,000,000
Net book value
At 31 October 2022 23,000,000
At 31 October 2021 23,000,000

STIRLING LAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Fixed investments

At 1 November 2021 £2At 31 October 2022 £2

STIRLING LAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

5. Debtors

2022 2021
££
Debtors due after more than one year: 221,703 221,703

STIRLING LAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

6. Current investments

Fair value of listed investments in 2022 £851,679Decrease in fair value included in the 2022 accounts £219,321

STIRLING LAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

7. Creditors: amounts falling due within one year note

2022Other creditors £2,545,683Taxation and social security costs £32,0892021Other creditors £2,660,528Taxation and social security costs £38,087

STIRLING LAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

8. Creditors: amounts falling due after more than one year note

2022 Bank Loans £10,900,0002021 Bank Loans £10,900,000

STIRLING LAND LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

9. Related party transactions

Name of the related party:
Relationship:
Companies under common control
Description of the Transaction: Included in creditors due within one year is £1,749,967 owed to companies under common control. The amounts are loaned on an interest free and repayable on demand basis.
£
Balance at 01 November 2021 1,749,967
Balance at 31 October 2022 1,749,967