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REGISTERED NUMBER: 08285003 (England and Wales)















STOBBS & CO LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023






STOBBS & CO LIMITED (REGISTERED NUMBER: 08285003)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STOBBS & CO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTOR: J A Hollingsworth





REGISTERED OFFICE: Coppice House
Halesfield 7
Telford
Shropshire
TF7 4NA





REGISTERED NUMBER: 08285003 (England and Wales)





ACCOUNTANTS: Hollingsworth & Co Ltd
Coppice House
Halesfield 7
Telford
Shropshire
TF7 4NA

STOBBS & CO LIMITED (REGISTERED NUMBER: 08285003)

BALANCE SHEET
31ST DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 130,000 130,000

CURRENT ASSETS
Work in progress 22,898 21,410
Debtors 5 26,352 44,960
Cash at bank 13,978 11,840
63,228 78,210
CREDITORS
Amounts falling due within one year 6 85,738 98,077
NET CURRENT LIABILITIES (22,510 ) (19,867 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,490

110,133

CREDITORS
Amounts falling due after more than one year 7 13,764 24,173
NET ASSETS 93,726 85,960

CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 93,000 93,000
Retained earnings 9 626 (7,140 )
SHAREHOLDERS' FUNDS 93,726 85,960

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 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.

STOBBS & CO LIMITED (REGISTERED NUMBER: 08285003)

BALANCE SHEET - continued
31ST DECEMBER 2023


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 8th September 2024 and were signed by:





J A Hollingsworth - Director


STOBBS & CO LIMITED (REGISTERED NUMBER: 08285003)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023

1. STATUTORY INFORMATION

Stobbs & Co 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.

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


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 represents net invoiced sales of services , excluding value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2023
and 31st December 2023 130,000
NET BOOK VALUE
At 31st December 2023 130,000
At 31st December 2022 130,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 26,352 44,960

STOBBS & CO LIMITED (REGISTERED NUMBER: 08285003)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,677 6,866
Funding circle loan - 5,341
LDF loan 7,017 9,562
Trade creditors 8,444 8,817
Corporation tax 43,428 30,185
VAT 11,990 10,510
Amount due to Hollingsworth &
Co Limited 6,182 26,796
85,738 98,077

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loan 13,764 24,173

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Revaluat-
Retained ion
earnings reserve Totals
£    £    £   

At 1st January 2023 (7,140 ) 93,000 85,860
Profit for the year 60,066 60,066
Dividends (52,300 ) (52,300 )
At 31st December 2023 626 93,000 93,626