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Company Registration No. 6511559 (England and Wales)
B. Stapleton & Son Limited Unaudited accounts for the year ended 28 February 2023
B. Stapleton & Son Limited Unaudited accounts Contents
Page
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B. Stapleton & Son Limited Company Information for the year ended 28 February 2023
Director
Matthew Stapleton
Company Number
6511559 (England and Wales)
Registered Office
9 Parkend Harlow Business Park Harlow Essex CM19 5QF England
Accountants
Accountancy & Book-Keeping Services 31 Wilga Road Welwyn Hertfordshire AL6 9PT
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B. Stapleton & Son Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
54,126 
20,802 
Current assets
Inventories
300 
500 
Debtors
3,703 
1,910 
Cash at bank and in hand
69,893 
9,835 
73,896 
12,245 
Creditors: amounts falling due within one year
(427,541)
(340,129)
Net current liabilities
(353,645)
(327,884)
Net liabilities
(299,519)
(307,082)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(299,520)
(307,083)
Shareholders' funds
(299,519)
(307,082)
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 27 November 2023 and were signed on its behalf by
Matthew Stapleton Director Company Registration No. 6511559
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B. Stapleton & Son Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
B. Stapleton & Son Limited is a private company, limited by shares, registered in England and Wales, registration number 6511559. The registered office is 9 Parkend, Harlow Business Park, Harlow, Essex, CM19 5QF, 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
20%
Motor vehicles
20%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
126,426 
50,552 
176,978 
Additions
9,856 
37,000 
46,856 
At 28 February 2023
136,282 
87,552 
223,834 
Depreciation
At 1 March 2022
109,776 
46,400 
156,176 
Charge for the year
5,301 
8,231 
13,532 
At 28 February 2023
115,077 
54,631 
169,708 
Net book value
At 28 February 2023
21,205 
32,921 
54,126 
At 28 February 2022
16,650 
4,152 
20,802 
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B. Stapleton & Son Limited Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
3,703 
- 
Trade debtors
- 
1,910 
3,703 
1,910 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
15,337 
20,811 
VAT
- 
1,790 
Taxes and social security
2,649 
2,649 
Loans from directors
409,555 
314,879 
427,541 
340,129 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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