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REGISTERED NUMBER: 00558632 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Stringer & Company (Scales) Limited

Stringer & Company (Scales) Limited (Registered number: 00558632)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stringer & Company (Scales) Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: G J B Stringer
J D Sage





SECRETARY: G J B Stringer





REGISTERED OFFICE: Unit 5
Kimpton Enterprise Park
Claggy Road
Kimpton
Hertfordshire
SG4 8HP





REGISTERED NUMBER: 00558632 (England and Wales)





ACCOUNTANTS: Godfrey Laws & Co Limited
1 Doolittle Yard
Froghall Road
Ampthill
Bedfordshire
MK45 2NW

Stringer & Company (Scales) Limited (Registered number: 00558632)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 197,983 201,222

CURRENT ASSETS
Stocks 406,184 428,565
Debtors 5 303,274 322,009
Cash at bank 322,187 177,348
1,031,645 927,922
CREDITORS
Amounts falling due within one year 6 164,932 135,014
NET CURRENT ASSETS 866,713 792,908
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,064,696

994,130

PROVISIONS FOR LIABILITIES 8,696 6,654
NET ASSETS 1,056,000 987,476

CAPITAL AND RESERVES
Called up share capital 14,792 14,792
Share premium 174,720 174,720
Capital redemption reserve 14,208 14,208
Retained earnings 852,280 783,756
1,056,000 987,476

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Stringer & Company (Scales) Limited (Registered number: 00558632)

Balance Sheet - continued
31 December 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 Board of Directors and authorised for issue on 26 March 2024 and were signed on its behalf by:





G J B Stringer - Director


Stringer & Company (Scales) Limited (Registered number: 00558632)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Stringer & Company (Scales) 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

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

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.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

Stringer & Company (Scales) Limited (Registered number: 00558632)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 250,000 26,455 276,455
Additions - 146 146
At 31 December 2023 250,000 26,601 276,601
DEPRECIATION
At 1 January 2023 51,000 24,233 75,233
Charge for year 3,000 385 3,385
At 31 December 2023 54,000 24,618 78,618
NET BOOK VALUE
At 31 December 2023 196,000 1,983 197,983
At 31 December 2022 199,000 2,222 201,222

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 242,017 206,841
Other debtors 61,257 115,168
303,274 322,009

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 122,083 94,860
Taxation and social security 31,757 29,099
Other creditors 11,092 11,055
164,932 135,014