Stockton Estates Limited - Accounts to registrar (filleted) - small 17.3

Stockton Estates Limited - Accounts to registrar (filleted) - small 17.3

STOCKTON ESTATES LIMITED - Company Information

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REGISTERED NUMBER: 02255102 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

STOCKTON ESTATES LIMITED
STOCKTON ESTATES LIMITED (REGISTERED NUMBER: 02255102)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STOCKTON ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2017







DIRECTORS: Mr M S Ross
Mr N A Ross





REGISTERED OFFICE: 115b Drysdale Street Hoxton
London
N1 6ND





REGISTERED NUMBER: 02255102 (England and Wales)





ACCOUNTANTS: P J Marks and Co. Ltd
Chartered Certified Accountants
115b Drysdale Street Hoxton
London
N1 6ND
Page 1
STOCKTON ESTATES LIMITED (REGISTERED NUMBER: 02255102)

BALANCE SHEET
31 MARCH 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 242 323
Investments 5 224,843 224,843
Investment property 6 750,000 750,000
975,085 975,166

CURRENT ASSETS
Debtors 7 4,290 1,348
Cash at bank 17,105 11,057
21,395 12,405
CREDITORS
Amounts falling due within one year 8 203,700 211,317
NET CURRENT LIABILITIES (182,305 ) (198,912 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
792,780
776,254

CREDITORS
Amounts falling due after more than one
year
9
516,470
404,685
NET ASSETS 276,310 371,569

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Retained earnings 226,310 321,569
SHAREHOLDERS' FUNDS 276,310 371,569

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these financial statements

Page 2 continued...
STOCKTON ESTATES LIMITED (REGISTERED NUMBER: 02255102)

BALANCE SHEET - continued
31 MARCH 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 20 December 2017 and were signed on its behalf
by:





Mr M S Ross - Director


The notes form part of these financial statements

Page 3
STOCKTON ESTATES LIMITED (REGISTERED NUMBER: 02255102)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017

1. STATUTORY INFORMATION

Stockton Estates Limited 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
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Stockton Estates Limited as an individual company and do
not contain consolidated financial information as the parent of a group. The company has taken the option under
Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover
Turnover represents net rental income receivable, net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

Page 4 continued...
STOCKTON ESTATES LIMITED (REGISTERED NUMBER: 02255102)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2016
and 31 March 2017 4,706
DEPRECIATION
At 1 April 2016 4,383
Charge for year 81
At 31 March 2017 4,464
NET BOOK VALUE
At 31 March 2017 242
At 31 March 2016 323


5. FIXED ASSET INVESTMENTS

2017 2016
£    £   
Shares in group undertakings 6 6
Loans to group undertakings 175,000 175,000
Other investments not loans 49,837 49,837
224,843 224,843

Additional information is as follows:
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 April 2016
and 31 March 2017 6 49,837 49,843
NET BOOK VALUE
At 31 March 2017 6 49,837 49,843
At 31 March 2016 6 49,837 49,843
Loans to
group
undertakings
£   
At 1 April 2016
and 31 March 2017 175,000

Page 5 continued...
STOCKTON ESTATES LIMITED (REGISTERED NUMBER: 02255102)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017

5. FIXED ASSET INVESTMENTS - continued

The loan of £175,000 is to Regalrent Limited. The investments in subsidiary undertakings comprise of the entire
share capital of Abbotrange Limited, Regalrent Limited and Wiltonrun Limited.

The principal activity of each company is property dealing and property investment and related activities. All
companies are incorporated in United Kingdom.

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2016
and 31 March 2017 750,000
NET BOOK VALUE
At 31 March 2017 750,000
At 31 March 2016 750,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other debtors 4,290 1,348

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Taxation and social security 1,117 1,134
Other creditors 202,583 210,183
203,700 211,317

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2017 2016
£    £   
Amounts owed to group undertakings 466,470 354,685
Other creditors 50,000 50,000
516,470 404,685

Amounts falling due in more than five years:

Repayable by instalments
Other loans 50,000 50,000

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M S Ross.

Page 6