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REGISTERED NUMBER: 02179451 (England and Wales)









Financial Statements

for the Year Ended 31 May 2023

for

Stan Robinson (Distribution) Limited

Stan Robinson (Distribution) Limited (Registered number: 02179451)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Stan Robinson (Distribution) Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: Mrs FE Robinson
MS Robinson
IG Robinson
Mrs P Wilson





SECRETARY: Mrs P Wilson





REGISTERED OFFICE: Ladford Fields
Seighford
Stafford
ST18 9QE





REGISTERED NUMBER: 02179451 (England and Wales)





AUDITORS: Muras Baker Jones Limited
Chartered Accountants and Statutory Auditors
Regent House
Bath Avenue
Wolverhampton
West Midlands
WV1 4EG

Stan Robinson (Distribution) Limited (Registered number: 02179451)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 62,439 27,824

CURRENT ASSETS
Debtors 4 723,529 856,980
Cash at bank 121,516 31,056
845,045 888,036
CREDITORS
Amounts falling due within one year 5 747,221 755,091
NET CURRENT ASSETS 97,824 132,945
TOTAL ASSETS LESS CURRENT
LIABILITIES

160,263

160,769

PROVISIONS FOR LIABILITIES 9,440 -
NET ASSETS 150,823 160,769

CAPITAL AND RESERVES
Called up share capital 300,000 300,000
Retained earnings (149,177 ) (139,231 )
SHAREHOLDERS' FUNDS 150,823 160,769

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 16 October 2023 and were signed on its behalf by:





MS Robinson - Director


Stan Robinson (Distribution) Limited (Registered number: 02179451)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. ACCOUNTING POLICIES

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

The financial statements are prepared in sterling which is the functional currency of the entity, and rounded to the nearest pound.

Going Concern
The directors believe there are no material uncertainties that call into doubt the Company's ability to continue as a going concern and the accounts have therefore been prepared on the basis that the Company is a going concern.Short term cash holdings are sufficient to ensure adequate cashflow for the Company to meet its debts as they fall due. On the basis of these factors, the directors consider that it is appropriate to prepare the accounts on a going concern basis.

Significant judgements and estimates
Preparation of the financial statements requires management to make significant judgements and estimates. There are no items in the financial statements where judgement and estimates have been made.

Turnover
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates value added tax and other sales taxes.

The following criteria is used to determine when revenue is recognised:

Storage and pick and pack warehousing
Revenue is recognised on the delivery of the service based on the proportion of the total delivered at the Statement of Financial Position date.

Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc- straight line rates between 15% and 50%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Financial instruments
Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at transaction price.

Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

There are no complex financial instruments.

Stan Robinson (Distribution) Limited (Registered number: 02179451)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

1. ACCOUNTING POLICIES - continued

Leased assets
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

The contributions are recognised as an expense in the Income Statement when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2022 - 35 ) .

3. TANGIBLE FIXED ASSETS
Plant and Office
machinery equipment Totals
£    £    £   
COST
At 1 June 2022 111,550 61,486 173,036
Additions - 57,033 57,033
At 31 May 2023 111,550 118,519 230,069
DEPRECIATION
At 1 June 2022 90,899 54,313 145,212
Charge for year 8,459 13,959 22,418
At 31 May 2023 99,358 68,272 167,630
NET BOOK VALUE
At 31 May 2023 12,192 50,247 62,439
At 31 May 2022 20,651 7,173 27,824

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 435,588 572,162
Amounts owed by group undertakings 45,569 52,648
Other debtors 242,372 232,170
723,529 856,980

Stan Robinson (Distribution) Limited (Registered number: 02179451)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 193,964 179,821
Amounts owed to group undertakings 322,720 314,315
Taxation and social security 140,335 170,344
Other creditors 90,202 90,611
747,221 755,091

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The auditor's report that was included in the annual accounts and reports delivered to members was unqualified. The audit report was issued by Muras Baker Jones Limited and was signed by Trevor Brueton BA FCA.

7. CONTINGENT LIABILITIES

The company has given an unlimited guarantee to Yorkshire Bank plc in respect of the borrowings of its parent undertaking. At the year end the liabilities covered by this guarantee amounted to £NIL.
The company and the group are registered for value added tax as a group and each company is jointly and severally liable for the liability. At the year end the additional liability was £457,526 (2022 - £673,861).

8. CONTROLLING PARTY

The Company's immediate parent company is Stan Robinson Group Limited. The smallest and largest group for which group financial statements are prepared that include and consolidate the results of Stan Robinson (Distribution) Limited for the year ended 31 May 2023 is Stan Robinson Group Limited. Copies of these financial statements can be obtained from the Company's registered office. The address of the registered office and principal place of business is Ladford Fields, Seighford, Stafford, ST18 9QE.

The ultimate controlling party is Stan Robinson Group Limited. Stan Robinson Group Limited is not controlled by any single party.