Stellawell Limited - Accounts to registrar (filleted) - small 23.2.5
Stellawell Limited - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2023 |
| FOR |
| STELLAWELL LIMITED |
| STELLAWELL LIMITED (REGISTERED NUMBER: 04839797) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 30 June 2023 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| STELLAWELL LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 30 June 2023 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Herschel House |
| 58 Herschel Street |
| Slough |
| Berkshire |
| SL1 1PG |
| STELLAWELL LIMITED (REGISTERED NUMBER: 04839797) |
| BALANCE SHEET |
| 30 June 2023 |
| 30.6.23 | 30.6.22 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Retained earnings | 8 |
| SHAREHOLDERS' FUNDS |
| 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. |
| 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 |
| STELLAWELL LIMITED (REGISTERED NUMBER: 04839797) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 30 June 2023 |
| 1. | STATUTORY INFORMATION |
| Stellawell Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents the dividend income from listed investments. |
| Financial instruments |
| Basic financial instruments as covered by Section 11 of FRS102 are measured at amortised cost. The company does not have any Other financial instruments as covered by Section 12 of FRS102. |
| Fixed asset investments |
| Quoted investments are held as fixed assets and are stated at market value. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2022 - NIL). |
| 4. | FIXED ASSET INVESTMENTS |
| 30.6.23 | 30.6.22 |
| £ | £ |
| Other investments not loans | 4,330,477 | 3,824,851 |
| Additional information is as follows: |
| Other |
| investments |
| £ |
| COST OR VALUATION |
| At 1 July 2022 |
| Additions |
| Disposals | ( |
) |
| Revaluations | ( |
) |
| At 30 June 2023 |
| NET BOOK VALUE |
| At 30 June 2023 |
| At 30 June 2022 |
| At 30th June 2023 the aggregate market value of listed investments (all of which are listed on worldwide recognised investment exchanges) was £4,330,477 (2022: £3,769,851). The company shows its listed investments at market value. |
| At the year end listed investments had a cost of £3,925,387 (2022: £3,037,345) and unrealised revaluations of £405,090 (2022: £321,404). The revaluation surplus is included within the Retained earnings figure shown on the Balance Sheet. |
| STELLAWELL LIMITED (REGISTERED NUMBER: 04839797) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 30 June 2023 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| Investments (neither listed nor unlisted) were as follows: |
| 30.6.23 | 30.6.22 |
| £ | £ |
| Classic car at cost | - | 55,000 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.6.23 | 30.6.22 |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.6.23 | 30.6.22 |
| £ | £ |
| Amounts owed to group undertakings | 691,305 | 709,306 |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.6.23 | 30.6.22 |
| value: | £ | £ |
| Ordinary | £1 | 3,533,239 | 3,533,239 |
| 8. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 July 2022 |
| Profit for the year |
| At 30 June 2023 |
| 9. | RELATED PARTY DISCLOSURES |
| Management charges of £10,080 (2022: £15,000) were paid to Charlbury Holdings Limited, the parent company. At 30 June 2023 Charlbury Holdings Limited was owed by the company £629,306 (2022: £709,306). |
| 10. | ULTIMATE CONTROLLING PARTY |
| In the opinion of the director the ultimate controlling party is Mrs L. J. Caudle-Nichols. |