05637029falseantique dealers2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/cd:CompanySecretary12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-11-30http://www.companieshouse.gov.uk/cd:Director12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-11-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-11-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-11-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:MotorCars2022-11-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:MotorCars2023-11-30http://www.companieshouse.gov.uk/pt:NetGoodwill2023-11-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-11-30http://www.companieshouse.gov.uk/pt:NetGoodwill2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-11-30http://www.companieshouse.gov.uk/2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/cd:FRS1022022-12-012023-11-30http://www.companieshouse.gov.uk/2023-11-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:LandBuildings2022-11-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:LandBuildings2023-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05637029

Sturmans Antiques Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023

Prepared By:
Ian Dalzell Ltd
Broughton Lodge Mews
Field Broughton
Grange-over-Sands
Cumbria
LA11 6HL

Sturmans Antiques Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
DIRECTORS
P J Sturman
SECRETARY
I R Dalzell
REGISTERED OFFICE
Main Street
Hawes
North Yorkshire
DL8 3QW
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05637029
ACCOUNTANTS
Ian Dalzell Ltd
Broughton Lodge Mews
Field Broughton
Grange-over-Sands
Cumbria
LA11 6HL

Sturmans Antiques Ltd

ACCOUNTS
FOR THEYEARENDED30/11/2023
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Sturmans Antiques Ltd

BALANCE SHEET AT 30/11/2023
20232022
Notes££
FIXED ASSETS
Tangible assets3108,084119,906
CURRENT ASSETS
Stock148,836131,356
Debtors533,77426,695
Cash at bank and in hand381,352410,489
563,962568,540
CREDITORS: Amounts falling due within one year647,86858,937
NET CURRENT ASSETS516,094509,603
TOTAL ASSETS LESS CURRENT LIABILITIES624,178629,509
CREDITORS: Amounts falling due after more than one year729,19734,447
PROVISIONS FOR LIABILITIES AND CHARGES99,71811,964
NET ASSETS585,263583,098
CAPITAL AND RESERVES
Called up share capital1011
Profit and loss account585,262583,097
SHAREHOLDERS' FUNDS585,263583,098
For the year ending 30/11/2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 22/08/2024 and signed on their behalf by
.............................
P J Sturman
Director

Sturmans Antiques Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 2%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 10%
Motor Carsreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
1f. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

Sturmans Antiques Ltd

2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/12/202213,00013,000
At 30/11/202313,00013,000
Depreciation
At 01/12/202213,00013,000
At 30/11/202313,00013,000
Net Book Amounts
At 30/11/2023--
3. TANGIBLE FIXED ASSETS
Land AndCommercialFixtures
BuildingsVehiclesand FittingsMotor CarsTotal
£££££
Cost
At 01/12/202269,39923,70722,94150,160166,207
Additions-31,125482-31,607
Disposals-(23,707)--(23,707)
At 30/11/202369,39931,12523,42350,160174,107
Depreciation
At 01/12/202212,4645,92715,37012,54046,301
Disposals-(5,927)--(5,927)
For the year1,3887,78180515,67525,649
At 30/11/202313,8527,78116,17528,21566,023
Net Book Amounts
At 30/11/202355,54723,3447,24821,945108,084
At 30/11/202256,93517,7807,57137,620119,906
4. STOCK 20232022
££
Stock comprises:
Stock148,836131,356
148,836131,356
5. DEBTORS 20232022
££
Amounts falling due within one year
Prepayments1,7871,877
Directors current account31,98724,818
33,77426,695

Sturmans Antiques Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax6,3624,301
VAT10,66410,314
PAYE control309423
Credit card414440
Hire purchase4,8804,792
Trade creditors25,23938,667
47,86858,937
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Hire purchase >1yr29,19734,447
29,19734,447
The Hire Purchase creditor at the end of the year was fully repayable within 5 years.
8. EMPLOYEES
20232022
No.No.
Average number of employees56
9. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation9,71811,964
9,71811,964
10. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11