ST. OMERS ESTATES LIMITED

ST. OMERS ESTATES LIMITED - Company Information

2022-03-012023-02-282023-02-28false03511309ST. OMERS ESTATES LIMITED2023-11-27iso4217:GBPxbrli:pure035113092022-03-01035113092023-02-28035113092022-03-012023-02-28035113092021-03-01035113092022-02-28035113092021-03-012022-02-2803511309bus:SmallEntities2022-03-012023-02-2803511309bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2803511309bus:AbridgedAccounts2022-03-012023-02-2803511309bus:PrivateLimitedCompanyLtd2022-03-012023-02-2803511309core:WithinOneYear2023-02-2803511309core:AfterOneYear2023-02-2803511309core:WithinOneYear2022-02-2803511309core:AfterOneYear2022-02-2803511309core:ShareCapital2023-02-2803511309core:SharePremium2023-02-2803511309core:RevaluationReserve2023-02-2803511309core:OtherReservesSubtotal2023-02-2803511309core:RetainedEarningsAccumulatedLosses2023-02-2803511309core:ShareCapital2022-02-2803511309core:SharePremium2022-02-2803511309core:RevaluationReserve2022-02-2803511309core:OtherReservesSubtotal2022-02-2803511309core:RetainedEarningsAccumulatedLosses2022-02-2803511309core:LandBuildings2023-02-2803511309core:PlantMachinery2023-02-2803511309core:Vehicles2023-02-2803511309core:FurnitureFittings2023-02-2803511309core:OfficeEquipment2023-02-2803511309core:NetGoodwill2023-02-2803511309core:IntangibleAssetsOtherThanGoodwill2023-02-2803511309core:ListedExchangeTraded2023-02-2803511309core:UnlistedNon-exchangeTraded2023-02-2803511309core:LandBuildings2022-02-2803511309core:PlantMachinery2022-02-2803511309core:Vehicles2022-02-2803511309core:FurnitureFittings2022-02-2803511309core:OfficeEquipment2022-02-2803511309core:NetGoodwill2022-02-2803511309core:IntangibleAssetsOtherThanGoodwill2022-02-2803511309core:ListedExchangeTraded2022-02-2803511309core:UnlistedNon-exchangeTraded2022-02-2803511309core:LandBuildings2022-03-012023-02-2803511309core:PlantMachinery2022-03-012023-02-2803511309core:Vehicles2022-03-012023-02-2803511309core:FurnitureFittings2022-03-012023-02-2803511309core:OfficeEquipment2022-03-012023-02-2803511309core:NetGoodwill2022-03-012023-02-2803511309core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2803511309core:ListedExchangeTraded2022-03-012023-02-2803511309core:UnlistedNon-exchangeTraded2022-03-012023-02-2803511309core:MoreThanFiveYears2022-03-012023-02-2803511309core:Non-currentFinancialInstruments2023-02-2803511309core:Non-currentFinancialInstruments2022-02-2803511309dpl:CostSales2022-03-012023-02-2803511309dpl:DistributionCosts2022-03-012023-02-2803511309core:LandBuildings2022-03-012023-02-2803511309core:PlantMachinery2022-03-012023-02-2803511309core:Vehicles2022-03-012023-02-2803511309core:FurnitureFittings2022-03-012023-02-2803511309core:OfficeEquipment2022-03-012023-02-2803511309dpl:AdministrativeExpenses2022-03-012023-02-2803511309core:NetGoodwill2022-03-012023-02-2803511309core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2803511309dpl:GroupUndertakings2022-03-012023-02-2803511309dpl:ParticipatingInterests2022-03-012023-02-2803511309dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2803511309core:ListedExchangeTraded2022-03-012023-02-2803511309dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2803511309core:UnlistedNon-exchangeTraded2022-03-012023-02-2803511309dpl:CostSales2021-03-012022-02-2803511309dpl:DistributionCosts2021-03-012022-02-2803511309core:LandBuildings2021-03-012022-02-2803511309core:PlantMachinery2021-03-012022-02-2803511309core:Vehicles2021-03-012022-02-2803511309core:FurnitureFittings2021-03-012022-02-2803511309core:OfficeEquipment2021-03-012022-02-2803511309dpl:AdministrativeExpenses2021-03-012022-02-2803511309core:NetGoodwill2021-03-012022-02-2803511309core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2803511309dpl:GroupUndertakings2021-03-012022-02-2803511309dpl:ParticipatingInterests2021-03-012022-02-2803511309dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2803511309core:ListedExchangeTraded2021-03-012022-02-2803511309dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2803511309core:UnlistedNon-exchangeTraded2021-03-012022-02-2803511309core:NetGoodwill2023-02-2803511309core:IntangibleAssetsOtherThanGoodwill2023-02-2803511309core:LandBuildings2023-02-2803511309core:PlantMachinery2023-02-2803511309core:Vehicles2023-02-2803511309core:FurnitureFittings2023-02-2803511309core:OfficeEquipment2023-02-2803511309core:AfterOneYear2023-02-2803511309core:WithinOneYear2023-02-2803511309core:ListedExchangeTraded2023-02-2803511309core:UnlistedNon-exchangeTraded2023-02-2803511309core:ShareCapital2023-02-2803511309core:SharePremium2023-02-2803511309core:RevaluationReserve2023-02-2803511309core:OtherReservesSubtotal2023-02-2803511309core:RetainedEarningsAccumulatedLosses2023-02-2803511309core:NetGoodwill2022-02-2803511309core:IntangibleAssetsOtherThanGoodwill2022-02-2803511309core:LandBuildings2022-02-2803511309core:PlantMachinery2022-02-2803511309core:Vehicles2022-02-2803511309core:FurnitureFittings2022-02-2803511309core:OfficeEquipment2022-02-2803511309core:AfterOneYear2022-02-2803511309core:WithinOneYear2022-02-2803511309core:Listed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Registered Number
03511309
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2023

ST. OMERS ESTATES LIMITED

Company Information
for the year from 1 March 2022 to 28 February 2023


Directors	ADAMSON, Alistair Hamish Macgregor
	HORTON, Edward Alan Douglas


Company Secretary	HORTON, Edward Alan Douglas


Registered Address	Hill Cottage Moon Hall Road
	Ewhurst
	Cranleigh
	GU6 7NP


Registered Number	03511309 (England and Wales)

ST. OMERS ESTATES LIMITED

Balance Sheet as at
28 February 2023

	Notes	2023		2022
		£	£	£	£
Fixed assets
Tangible assets	6		900,000		900,000
			900,000		900,000
Current assets
Debtors		194,163		162,385
Cash at bank and on hand		73,645		59,352
		267,808		221,737
Creditors amounts falling due within one year		(13,451)		(13,443)
Net current assets (liabilities)			254,357		208,294
Total assets less current liabilities			1,154,357		1,108,294
Creditors amounts falling due after one year	8		(153,750)		(153,750)
Net assets			1,000,607		954,544
Capital and reserves
Called up share capital			10,002		10,002
Revaluation reserve			731,890		731,890
Profit and loss account			258,715		212,652
Shareholders' funds			1,000,607		954,544

The company was entitled to exemption from audit for this reporting period 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.
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 and loss account.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 27 November 2023, and are signed on its behalf by:

ADAMSON, Alistair Hamish Macgregor
Director

HORTON, Edward Alan Douglas
Director

Registered Company No. 03511309

ST. OMERS ESTATES LIMITED

Notes to the Financial Statements
for the year ended 28 February 2023

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Principal activities
	Property Rental

4.	Accounting policies

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Taxation policy
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax policy
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax policy

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation and operations policy
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation and operations policy

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

5.	Employee information


		2023		2022
	Average number of employees during the year	2		2

6.	Property, plant and equipment

		Total
		£
	Cost or valuation
	At 01 March 22	900,000
	At 28 February 23	900,000
	Net book value
	At 28 February 23	900,000
	At 28 February 22	900,000

7.	Dividends proposed and payable

	2023	2022
	£	£
Dividends Paid	30,000	30,000
Total	30,000	30,000

8.	Creditors after one year

	2023	2022
	£	£
Bank borrowings and overdrafts	153,750	153,750
Total	153,750	153,750


	Represented by MSMS Mortgages total outstanding as at 28/02/2023 £153,750