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Company Registration No. 7636346 (England and Wales)
The Stambridge Group Limited Unaudited accounts for the year ended 31 May 2023
The Stambridge Group Limited Unaudited accounts Contents
Page
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The Stambridge Group Limited Company Information for the year ended 31 May 2023
Directors
P Bourke J Spiers
Company Number
7636346 (England and Wales)
Registered Office
1 Bentalls Close Southend-on-Sea Essex SS2 5FD England
Accountants
Tax Help Direct 1391 London Road Leigh-on-Sea Essex SS9 2SA
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The Stambridge Group Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,998 
- 
Tangible assets
206,083 
176,918 
210,081 
176,918 
Current assets
Debtors
2,006,144 
2,372,960 
Cash at bank and in hand
1,502,482 
1,515,812 
3,508,626 
3,888,772 
Creditors: amounts falling due within one year
(1,725,782)
(2,179,836)
Net current assets
1,782,844 
1,708,936 
Total assets less current liabilities
1,992,925 
1,885,854 
Creditors: amounts falling due after more than one year
(74,210)
(9,170)
Net assets
1,918,715 
1,876,684 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,918,714 
1,876,683 
Shareholders' funds
1,918,715 
1,876,684 
For the year ending 31 May 2023 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2023 and were signed on its behalf by
P Bourke Director Company Registration No. 7636346
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The Stambridge Group Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
The Stambridge Group Limited is a private company, limited by shares, registered in England and Wales, registration number 7636346. The registered office is 1 Bentalls Close, Southend-on-Sea, Essex, SS2 5FD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 June 2022
- 
Additions
3,998 
At 31 May 2023
3,998 
Amortisation
At 1 June 2022
- 
At 31 May 2023
- 
Net book value
At 31 May 2023
3,998 
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The Stambridge Group Limited Notes to the Accounts for the year ended 31 May 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2022
33,416 
196,561 
43,427 
273,404 
Additions
4,847 
119,845 
500 
125,192 
Revaluations
- 
(61,070)
- 
(61,070)
At 31 May 2023
38,263 
255,336 
43,927 
337,526 
Depreciation
At 1 June 2022
8,355 
67,735 
20,396 
96,486 
Charge for the year
7,477 
55,334 
5,883 
68,694 
On disposals
- 
(33,737)
- 
(33,737)
At 31 May 2023
15,832 
89,332 
26,279 
131,443 
Net book value
At 31 May 2023
22,431 
166,004 
17,648 
206,083 
At 31 May 2022
25,061 
128,826 
23,031 
176,918 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,076,297 
2,293,796 
Other debtors
929,847 
79,164 
2,006,144 
2,372,960 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
19,264 
7,861 
Trade creditors
577,639 
351,662 
Taxes and social security
478,139 
938,419 
Other creditors
650,740 
881,894 
1,725,782 
2,179,836 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
74,210 
9,170 
9
Average number of employees
During the year the average number of employees was 857 (2022: 994).
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