IRIS Accounts Production v24.1.4.33 11031717 director 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110317172023-04-30110317172024-04-30110317172023-05-012024-04-30110317172021-10-31110317172021-11-012023-04-30110317172023-04-3011031717ns15:EnglandWales2023-05-012024-04-3011031717ns14:PoundSterling2023-05-012024-04-3011031717ns10:Director12023-05-012024-04-3011031717ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3011031717ns10:SmallEntities2023-05-012024-04-3011031717ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3011031717ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3011031717ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3011031717ns10:FullAccounts2023-05-012024-04-3011031717ns10:RegisteredOffice2023-05-012024-04-3011031717ns5:CurrentFinancialInstruments2024-04-3011031717ns5:CurrentFinancialInstruments2023-04-3011031717ns5:ShareCapital2024-04-3011031717ns5:ShareCapital2023-04-3011031717ns5:RetainedEarningsAccumulatedLosses2024-04-3011031717ns5:RetainedEarningsAccumulatedLosses2023-04-3011031717ns5:FurnitureFittings2023-05-012024-04-3011031717ns5:ComputerEquipment2023-05-012024-04-3011031717ns5:FurnitureFittings2023-04-3011031717ns5:ComputerEquipment2023-04-3011031717ns5:FurnitureFittings2024-04-3011031717ns5:ComputerEquipment2024-04-3011031717ns5:FurnitureFittings2023-04-3011031717ns5:ComputerEquipment2023-04-3011031717ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3011031717ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30
REGISTERED NUMBER: 11031717 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

STEADMAN BROWN LIMITED

STEADMAN BROWN LIMITED (REGISTERED NUMBER: 11031717)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STEADMAN BROWN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: L Steadman





REGISTERED OFFICE: 8 Twisleton Court
Priory Hill
Dartford
Kent
DA1 2EN





REGISTERED NUMBER: 11031717 (England and Wales)





ACCOUNTANTS: Blue Rocket Accounting
Accountants and Tax Advisers
8 Twisleton Court
Priory Hill
Dartford
Kent
DA1 2EN

STEADMAN BROWN LIMITED (REGISTERED NUMBER: 11031717)

BALANCE SHEET
30 APRIL 2024

30/4/24 30/4/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,989 11,424

CURRENT ASSETS
Stocks 223,377 43,710
Debtors 5 192,273 109,319
Cash at bank 228,809 277,849
644,459 430,878
CREDITORS
Amounts falling due within one year 6 160,909 107,084
NET CURRENT ASSETS 483,550 323,794
TOTAL ASSETS LESS CURRENT
LIABILITIES

491,539

335,218

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 491,439 335,118
491,539 335,218

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 director acknowledges his 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 director and authorised for issue on 31 July 2024 and were signed by:





L Steadman - Director


STEADMAN BROWN LIMITED (REGISTERED NUMBER: 11031717)

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

1. STATUTORY INFORMATION

Steadman Brown 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.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

STOCKS
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

STEADMAN BROWN LIMITED (REGISTERED NUMBER: 11031717)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 7,341 12,227 19,568
DEPRECIATION
At 1 May 2023 3,789 4,355 8,144
Charge for year 1,153 2,282 3,435
At 30 April 2024 4,942 6,637 11,579
NET BOOK VALUE
At 30 April 2024 2,399 5,590 7,989
At 30 April 2023 3,552 7,872 11,424

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Trade debtors 175,385 70,618
Other debtors 16,888 38,701
192,273 109,319

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Trade creditors 20,095 18,664
Taxation and social security 128,804 82,813
Other creditors 12,010 5,607
160,909 107,084