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REGISTERED NUMBER: 09561548 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

STOCKS 2015 LTD

STOCKS 2015 LTD (REGISTERED NUMBER: 09561548)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STOCKS 2015 LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: M W Josephson MBE
L Kellett





REGISTERED OFFICE: Unit 4, Caledonia Way
Stretford Motorway Estate
Stretford
M32 0ZH





REGISTERED NUMBER: 09561548 (England and Wales)





ACCOUNTANTS: Michael Donnan & Co Limited
Oaktree Court Business Ctr
Mill Lane
Ness
Cheshire
CH64 8TP

STOCKS 2015 LTD (REGISTERED NUMBER: 09561548)

BALANCE SHEET
30 APRIL 2024

30/4/24 30/4/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 77,554 56,374
Investments 5 - 92,255
77,554 148,629

CURRENT ASSETS
Stocks 6 56,341 58,448
Debtors 7 1,341,529 1,285,634
Cash at bank and in hand 55,481 164,026
1,453,351 1,508,108
CREDITORS
Amounts falling due within one year 8 417,007 537,679
NET CURRENT ASSETS 1,036,344 970,429
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,113,898

1,119,058

CREDITORS
Amounts falling due after more than
one year

9

11,182

21,247
NET ASSETS 1,102,716 1,097,811

STOCKS 2015 LTD (REGISTERED NUMBER: 09561548)

BALANCE SHEET - continued
30 APRIL 2024

30/4/24 30/4/23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 12 1,102,616 1,097,711
SHAREHOLDERS' FUNDS 1,102,716 1,097,811

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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 9 July 2024 and were signed on its behalf by:





M W Josephson MBE - Director


STOCKS 2015 LTD (REGISTERED NUMBER: 09561548)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Stocks 2015 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.

The presentation currency of the financial statements is the Pound Sterling (£).


Transactions are rounded to the nearest £.

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 the consideration receivable for goods sold, net of sales discounts, exclusive of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 20% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 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.


STOCKS 2015 LTD (REGISTERED NUMBER: 09561548)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

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.

Investments
Investments are listed investments stated at market value at the balance sheet date. Gains or losses on revaluation 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 5 (2023 - 6 ) .

STOCKS 2015 LTD (REGISTERED NUMBER: 09561548)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023 33,069 63,095 88,790 184,954
Additions - 45,375 1,970 47,345
At 30 April 2024 33,069 108,470 90,760 232,299
DEPRECIATION
At 1 May 2023 33,069 20,301 75,210 128,580
Charge for year - 18,310 7,855 26,165
At 30 April 2024 33,069 38,611 83,065 154,745
NET BOOK VALUE
At 30 April 2024 - 69,859 7,695 77,554
At 30 April 2023 - 42,794 13,580 56,374

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2023 92,255
Disposals (92,255 )
At 30 April 2024 -
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 92,255

6. STOCKS
30/4/24 30/4/23
£    £   
Goods for resale 56,341 58,448

STOCKS 2015 LTD (REGISTERED NUMBER: 09561548)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Trade debtors 66,309 264,442
Other debtors 284,668 256,595
Directors' current accounts 931,172 738,494
Prepayments and accrued income 59,380 26,103
1,341,529 1,285,634

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Bank loans and overdrafts 125,285 214,270
Trade creditors 120,847 154,449
Corporation tax 59,955 58,384
Social security and other taxes 2,608 2,564
VAT 46,151 29,868
Other creditors 4,880 -
Goods received not invoiced 8,697 4,660
Accrued expenses 48,584 73,484
417,007 537,679

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30/4/24 30/4/23
£    £   
Bank loans - 1-2 years 10,322 10,199
Bank loans - 2-5 years 860 11,048
11,182 21,247

10. SECURED DEBTS

The following secured debts are included within creditors:

30/4/24 30/4/23
£    £   
Bank overdrafts 114,963 204,071

On 12 June 2015, the overdraft facility was secured by a fixed and floating charge in favour of NatWest Bank Plc.

STOCKS 2015 LTD (REGISTERED NUMBER: 09561548)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/4/24 30/4/23
value: £    £   
100 Ordinary £1 100 100

12. RESERVES
Retained
earnings
£   

At 1 May 2023 1,097,711
Profit for the year 92,905
Dividends (88,000 )
At 30 April 2024 1,102,616

13. OTHER FINANCIAL COMMITMENTS

At 30 April 2024, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £870,358 (2023-£844,082).The commitments are due by:

£114,812 less than one year
£112,756 between one and two years
£295,000 between two and five years
£347,791 more than five years.

14. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30/4/24 30/4/23
£    £   
M W Josephson MBE
Balance outstanding at start of year 738,494 611,718
Amounts advanced 284,443 283,959
Amounts repaid (91,765 ) (157,183 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 931,172 738,494

The above advance was interest free, had no fixed repayment date and was unsecured.

STOCKS 2015 LTD (REGISTERED NUMBER: 09561548)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


15. RELATED PARTY DISCLOSURES

WISEBUY LTD
A company which has common directors and shareholders.

At 30 April 2023, the company was owed £16,214 by Wisebuy Ltd, included in other debtors. During the year ended 30 April 2024, funds were received from Wisebuy Ltd totalling £20,382. This resulted in a balance of £4,168 owed to Wisebuy Ltd at 30 April 2024, which is included in other creditors.

The loan is interest free, unsecured and repayable on demand.