STEPHENS INDUSTRIES LTD

Company Registration Number:
00572598 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

STEPHENS INDUSTRIES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

STEPHENS INDUSTRIES LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 442,148 422,661
Investments: 4 200,000 200,000
Total fixed assets: 642,148 622,661
Current assets
Stocks: 1,305,089 1,380,116
Debtors:   772,161 601,255
Cash at bank and in hand: 937 1,067
Total current assets: 2,078,187 1,982,438
Creditors: amounts falling due within one year:   (1,805,224) (1,701,954)
Net current assets (liabilities): 272,963 280,484
Total assets less current liabilities: 915,111 903,145
Creditors: amounts falling due after more than one year:   (140,625) (203,125)
Provision for liabilities: (21,994) (21,994)
Total net assets (liabilities): 752,492 678,026
Capital and reserves
Called up share capital: 12,928 12,928
Profit and loss account: 739,564 665,098
Shareholders funds: 752,492 678,026

The notes form part of these financial statements

STEPHENS INDUSTRIES LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 April 2024
and signed on behalf of the board by:

Name: John Earl
Status: Director

The notes form part of these financial statements

STEPHENS INDUSTRIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

STEPHENS INDUSTRIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 49 43

STEPHENS INDUSTRIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 872,314
Additions 93,538
At 31 December 2023 965,852
Depreciation
At 01 January 2023 449,653
Charge for year 74,051
At 31 December 2023 523,704
Net book value
At 31 December 2023 442,148
At 31 December 2022 422,661

STEPHENS INDUSTRIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Fixed investments

Shares held in Landmarc Properties Ltd