STANLEY FINANCE LIMITED - Accounts

STANLEY FINANCE LIMITED - Accounts

STANLEY FINANCE LIMITED - Company Information

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Registered Number: 13253065
England and Wales

 

 

 

STANLEY FINANCE LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

STANLEY FINANCE LIMITED
Contents Page
For the year ended 31 March 2024
  2024   2023
    £ £   £ £
Fixed assets   825      260 
Current assets 10,546      8,407   
Creditors: amount falling due within one year (4,182)     (3,804)  
Net current assets   6,364      4,603 
Total assets less current liabilities   7,189      4,863 
Provisions for liabilities   (215)     0 
Net assets   6,974      4,863 
 

         
Capital and reserves   6,974      4,863 
 
NOTES TO THE ACCOUNTS

General Information
STANLEY FINANCE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13253065, registration address F11 Beechwood House, Christchurch Road, Newport, Gwent, NP19 8AJ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 0 Reducing Balance
Computer Equipment 5 Straight Line
2.

Tangible fixed assets

Cost or valuation Land and Buildings   Computer Equipment   Total
  £   £   £
At 01 April 2023 260    -    260 
Additions -    579    579 
Disposals -    -    - 
At 31 March 2024 260    579    839 
Depreciation
At 01 April 2023 -    -    - 
Charge for year -    14    14 
On disposals -    -    - 
At 31 March 2024 -    14    14 
Net book values
Closing balance as at 31 March 2024 260    565    825 
Opening balance as at 01 April 2023 260    -    260 


3.

Average number of employees

Average number of employees during the year was 4 (2023 : 4).


For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the director on 04 April 2024 and were signed by:


--------------------------------
Elizabeth Christine Stanley
Director
1