Company Registration No. 04391047 (England and Wales)
Stock A M Ltd
Unaudited accounts
for the year ended 31 May 2023
Stock A M Ltd
Unaudited accounts
Contents
Stock A M Ltd
Company Information
for the year ended 31 May 2023
Directors
K Stockdale
S J Stockdale
Company Number
04391047 (England and Wales)
Registered Office
Millpark
Cardinham
Bodmin
Cornwall
PL30 4DB
Accountants
Callywith Accountants
70 Castle Street
Bodmin
Cornwall
PL31 2DY
Stock A M Ltd
Statement of financial position
as at 31 May 2023
Tangible assets
12,069
14,209
Cash at bank and in hand
39,234
45,572
Creditors: amounts falling due within one year
(211,379)
(239,554)
Net current assets
421,864
385,120
Net assets
433,933
399,329
Called up share capital
2
2
Profit and loss account
433,931
399,327
Shareholders' funds
433,933
399,329
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 5 February 2024 and were signed on its behalf by
K Stockdale
Director
Company Registration No. 04391047
Stock A M Ltd
Notes to the Accounts
for the year ended 31 May 2023
Stock A M Ltd is a private company, limited by shares, registered in England and Wales, registration number 04391047. The registered office is Millpark, Cardinham, Bodmin, Cornwall, PL30 4DB.
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.
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.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover is measured at the value of the consideration received, excluding value added tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Stock A M Ltd
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
37,153
15,002
Accrued income and prepayments
1,095
-
Other debtors
555,761
564,100
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
25,059
5,504
Taxes and social security
184,240
230,840
Allotted, called up and fully paid:
200 Ordinary shares of £0.01 each
2
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Unsecured loan, interest free and repayable upon demand
201,399
-
10,339
191,060
Unsecured loan, interest free and repayable upon demand
180,637
-
-
180,637
The above loans are unsecured, interest free and repayable on demand
9
Average number of employees
During the year the average number of employees was 9 (2022: 9).