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REGISTERED NUMBER: 03091995 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

Stain-Shield Limited

Stain-Shield Limited (Registered number: 03091995)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

Stain-Shield Limited

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: Mrs M Parker
Mr J Parker





SECRETARY: CDJ Secretary Limited





REGISTERED OFFICE: Units SCF 1 & 2
Western International Market
Hayes Road
Southall
Middlesex
UB2 5XJ





REGISTERED NUMBER: 03091995 (England and Wales)





ACCOUNTANTS: COOPER DAWN JERROM LIMITED
CHARTERED ACCOUNTANTS
Units SCF 1 & 2
Western International Market
Hayes Road
Southall
Middlesex
UB2 5XJ

Stain-Shield Limited (Registered number: 03091995)

BALANCE SHEET
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 136 179
136 179

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 5 37,793 43,330
Cash at bank and in hand 8,879 34,285
47,672 78,615
CREDITORS
Amounts falling due within one year 6 36,414 48,405
NET CURRENT ASSETS 11,258 30,210
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,394

30,389

CREDITORS
Amounts falling due after more than one year 7 1,209 2,051
NET ASSETS 10,185 28,338

CAPITAL AND RESERVES
Called up share capital 10,101 10,100
Retained earnings 84 18,238
SHAREHOLDERS' FUNDS 10,185 28,338

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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 18 September 2024 and were signed on its behalf by:





Mrs M Parker - Director


Stain-Shield Limited (Registered number: 03091995)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Stain-Shield 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.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 2 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 5,083
DEPRECIATION
At 1 January 2023 4,904
Charge for year 43
At 31 December 2023 4,947
NET BOOK VALUE
At 31 December 2023 136
At 31 December 2022 179

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 16,702 16,941
Other debtors 21,091 26,389
37,793 43,330

Stain-Shield Limited (Registered number: 03091995)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 900 900
Trade creditors 21,809 28,847
Taxation and social security 8,166 13,416
Other creditors 5,539 5,242
36,414 48,405

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 1,209 2,051

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
Mr J M Parker
Balance outstanding at start of year - 6,076
Amounts repaid - (6,076 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Mr J Parker
Balance outstanding at start of year 15,300 -
Amounts advanced 20,100 15,300
Amounts repaid (15,900 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,500 15,300

Mrs M Parker
Balance outstanding at start of year (4 ) -
Amounts advanced 4 20,704
Amounts repaid - (20,708 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - (4 )

9. RELATED PARTY DISCLOSURES

There were no transactions that need disclosing under Financial Reporting Standard 102 (1A) ( effective January 2016)

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs M Parker.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
STAIN-SHIELD LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Stain-Shield Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Stain-Shield Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Stain-Shield Limited and state those matters that we have agreed to state to the Board of Directors of Stain-Shield Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stain-Shield Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Stain-Shield Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Stain-Shield Limited. You consider that Stain-Shield Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Stain-Shield Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






COOPER DAWN JERROM LIMITED
CHARTERED ACCOUNTANTS
Units SCF 1 & 2
Western International Market
Hayes Road
Southall
Middlesex
UB2 5XJ


18 September 2024