Company registration number 08793600 (England and Wales)
STEWBEN LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
STEWBEN LIMITED
CONTENTS
Page
Accountants' report
Balance sheet
1
Notes to the financial statements
2 - 3
STEWBEN LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
4
2
2
Current assets
Debtors
5
741,063
495,078
Cash at bank and in hand
40,863
141,658
781,926
636,736
Creditors: amounts falling due within one year
6
(673,719)
(553,265)
Net current assets
108,207
83,471
Net assets
108,209
83,473
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
108,109
83,373
Total equity
108,209
83,473
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 2 September 2024 and are signed on its behalf by:
M Benjamin
Director
Company registration number 08793600 (England and Wales)
STEWBEN LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024
31 March 2024
- 2 -
1
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 and 31 March 2024
6,896
Depreciation and impairment
At 1 April 2023 and 31 March 2024
6,896
Carrying amount
At 31 March 2024
At 31 March 2023
4
Fixed asset investments
2024
2023
£
£
Investments
2
2
STEWBEN LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024
31 March 2024
4
Fixed asset investments
(Continued)
- 3 -
Movements in fixed asset investments
Investments other than loans
£
Cost or valuation
At 1 April 2023 & 31 March 2024
2
Carrying amount
At 31 March 2024
2
At 31 March 2023
2
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
741,063
495,078
6
Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
9,836
73
Other creditors
663,883
553,192
673,719
553,265
7
Directors' transactions
Dividends totalling £8,833 (2023 - £30,000) were paid in the year in respect of shares held by the company's directors.
Included in creditors is the sum of 2024 - £nil (2023 - £6,863) due to M Benjamin, a director of the company.
Included in creditors is the sum of 2024 - £24,155 (2023 - £21,805) due to D Stewart, a director of the company.
There are no terms as to interest of repayment of these amounts.