IRIS Accounts Production v23.3.0.418 03050000 Board of Directors 1.6.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh030500002022-05-31030500002023-05-31030500002022-06-012023-05-31030500002021-05-31030500002021-06-012022-05-31030500002022-05-3103050000ns10:Originalns15:EnglandWales2022-06-012023-05-3103050000ns14:PoundSterlingns10:Original2022-06-012023-05-3103050000ns10:Originalns10:Director12022-06-012023-05-3103050000ns10:Original2022-06-012023-05-3103050000ns10:Original2023-05-3103050000ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3103050000ns10:Originalns10:SmallEntities2022-06-012023-05-3103050000ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3103050000ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3103050000ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3103050000ns10:Originalns10:FullAccounts2022-06-012023-05-3103050000ns10:Originalns10:Director22022-06-012023-05-3103050000ns10:CompanySecretary1ns10:Original2022-06-012023-05-3103050000ns10:Originalns10:RegisteredOffice2022-06-012023-05-3103050000ns10:Original2022-05-3103050000ns10:Originalns5:CurrentFinancialInstruments2023-05-3103050000ns10:Originalns5:CurrentFinancialInstruments2022-05-3103050000ns5:ShareCapitalns10:Original2023-05-3103050000ns5:ShareCapitalns10:Original2022-05-3103050000ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3103050000ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3103050000ns10:Originalns5:PatentsTrademarksLicencesConcessionsSimilar2022-06-012023-05-3103050000ns10:Originalns5:FurnitureFittings2022-06-012023-05-3103050000ns10:Originalns5:MotorVehicles2022-06-012023-05-3103050000ns10:Originalns5:ComputerEquipment2022-06-012023-05-3103050000ns10:Original2021-06-012022-05-3103050000ns10:Originalns5:FurnitureFittings2022-05-3103050000ns10:Originalns5:MotorVehicles2022-05-3103050000ns10:Originalns5:ComputerEquipment2022-05-3103050000ns10:Original2022-05-3103050000ns10:Originalns5:FurnitureFittings2023-05-3103050000ns10:Originalns5:MotorVehicles2023-05-3103050000ns10:Originalns5:ComputerEquipment2023-05-3103050000ns10:Originalns5:FurnitureFittings2022-05-3103050000ns10:Originalns5:MotorVehicles2022-05-3103050000ns10:Originalns5:ComputerEquipment2022-05-3103050000ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3103050000ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-31
REGISTERED NUMBER: 03050000 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2023

FOR

STOCKTAKE UK LTD

STOCKTAKE UK LTD (REGISTERED NUMBER: 03050000)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STOCKTAKE UK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2023







DIRECTORS: S C Grantham
M J Smith





SECRETARY: Mrs L A Grantham





REGISTERED OFFICE: Gillow House
Broughton Hall
Skipton
North Yorkshire
BD23 3AN





REGISTERED NUMBER: 03050000 (England and Wales)





ACCOUNTANTS: Ainsworths Limited
Charter House
Stansfield Street
Nelson
Lancashire
BB9 9XY

STOCKTAKE UK LTD (REGISTERED NUMBER: 03050000)

BALANCE SHEET
31ST MAY 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,512 17,373

CURRENT ASSETS
Stocks 682 682
Debtors 5 78,003 224,792
Investments 6 150,446 142,262
Cash at bank 723,807 630,918
952,938 998,654
CREDITORS
Amounts falling due within one year 7 148,811 118,342
NET CURRENT ASSETS 804,127 880,312
TOTAL ASSETS LESS CURRENT
LIABILITIES

822,639

897,685

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 822,529 897,575
822,639 897,685

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2023 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 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 Board of Directors and authorised for issue on 13th November 2023 and were signed on its behalf by:



S C Grantham - Director


STOCKTAKE UK LTD (REGISTERED NUMBER: 03050000)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023


1. STATUTORY INFORMATION

Stocktake UK Ltd 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 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Software licences, no longer in use and considered redundant, have been fully written off in the previous years.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% to 33.33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

STOCKTAKE UK LTD (REGISTERED NUMBER: 03050000)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023


2. ACCOUNTING POLICIES - continued

Investments
Current asset investments are included at their fair value. Profits or losses arising from the disposal of current asset investments are treated as part of the result from ordinary activities.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st June 2022 50,068 21,730 6,031 77,829
Additions - - 5,887 5,887
At 31st May 2023 50,068 21,730 11,918 83,716
DEPRECIATION
At 1st June 2022 45,332 9,827 5,297 60,456
Charge for year 711 2,976 1,061 4,748
At 31st May 2023 46,043 12,803 6,358 65,204
NET BOOK VALUE
At 31st May 2023 4,025 8,927 5,560 18,512
At 31st May 2022 4,736 11,903 734 17,373

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 71,412 67,249
Other debtors 6,591 157,543
78,003 224,792

6. CURRENT ASSET INVESTMENTS
31.5.23 31.5.22
£    £   
Unlisted investments 150,446 142,262

STOCKTAKE UK LTD (REGISTERED NUMBER: 03050000)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 77,872 50,860
Taxation and social security 53,217 51,365
Other creditors 17,722 16,117
148,811 118,342