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REGISTERED NUMBER: 01783042 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 30 April 2023

for

Stableforce Limited

Stableforce Limited (Registered number: 01783042)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Stableforce Limited

Company Information
for the Year Ended 30 April 2023







DIRECTOR: G A Brewster





REGISTERED OFFICE: Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ





REGISTERED NUMBER: 01783042 (England and Wales)





ACCOUNTANTS: Mudd Partners LLP
Chartered Accountants
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ

Stableforce Limited (Registered number: 01783042)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 100,216 133,871

CURRENT ASSETS
Debtors 5 114,340 60,832
Cash at bank 13,020 40,430
127,360 101,262
CREDITORS
Amounts falling due within one year 6 109,750 71,222
NET CURRENT ASSETS 17,610 30,040
TOTAL ASSETS LESS CURRENT
LIABILITIES

117,826

163,911

CREDITORS
Amounts falling due after more than one
year

7

(29,927

)

(39,863

)

PROVISIONS FOR LIABILITIES (19,041 ) (25,435 )
NET ASSETS 68,858 98,613

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 68,758 98,513
SHAREHOLDERS' FUNDS 68,858 98,613

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

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.

Stableforce Limited (Registered number: 01783042)

Balance Sheet - continued
30 April 2023


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 by the director and authorised for issue on 1 November 2023 and were signed by:





G A Brewster - Director


Stableforce Limited (Registered number: 01783042)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Stableforce 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

Going concern basis of accounting
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.

Turnover
Turnover represents net invoiced supply of goods and services, excluding vat (having regard to the fulfilment of contractual obligations).

Tangible fixed assets
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 - 50% on reducing balance and 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Stableforce Limited (Registered number: 01783042)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2022 293,350
Additions 3,115
Disposals (13,189 )
At 30 April 2023 283,276
DEPRECIATION
At 1 May 2022 159,479
Charge for year 34,477
Eliminated on disposal (10,896 )
At 30 April 2023 183,060
NET BOOK VALUE
At 30 April 2023 100,216
At 30 April 2022 133,871

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 May 2022
and 30 April 2023 45,914
DEPRECIATION
At 1 May 2022 17,264
Charge for year 7,162
At 30 April 2023 24,426
NET BOOK VALUE
At 30 April 2023 21,488
At 30 April 2022 28,650

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 83,650 42,040
Other debtors 30,690 18,792
114,340 60,832

Stableforce Limited (Registered number: 01783042)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans and overdrafts 4,878 4,794
Hire purchase contracts 5,057 6,860
Trade creditors 13,370 5,808
Taxation and social security 19,956 18,988
Other creditors 66,489 34,772
109,750 71,222

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Bank loans 20,826 25,705
Hire purchase contracts 9,101 14,158
29,927 39,863

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 440 5,671

8. SECURED DEBTS

The following secured debts are included within creditors:

30.4.23 30.4.22
£    £   
Hire purchase contracts 14,158 21,018

Net obligations under hire purchase contracts are secured against the assets to which they relate.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
100 Ordinary £1 100 100

10. OTHER FINANCIAL COMMITMENTS

At 30 April 2023 the company had operating lease commitments over the remaining life of those leases totalling £30,629 ( 2022 - £45,927 ).

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Stableforce Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Stableforce Limited for the year ended 30 April 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Stableforce Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Stableforce Limited and state those matters that we have agreed to state to the director of Stableforce Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stableforce Limited and its director for our work or for this report.

It is your duty to ensure that Stableforce Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Stableforce Limited. You consider that Stableforce Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Stableforce Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Mudd Partners LLP
Chartered Accountants
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ


1 November 2023