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REGISTERED NUMBER: 03527214 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Stebar Interiors Limited

Stebar Interiors Limited (Registered number: 03527214)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stebar Interiors Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: S J McDonagh





SECRETARY: Mrs T J McDonagh





REGISTERED OFFICE: 105a Albemarle Road
Beckenham
Kent
BR3 5HS





REGISTERED NUMBER: 03527214 (England and Wales)





ACCOUNTANTS: PHS Accountants Ltd
105a Albemarle Road
Beckenham
Kent
BR3 5HS

Stebar Interiors Limited (Registered number: 03527214)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 25,058 34,611

CURRENT ASSETS
Stocks 6 13,772 15,500
Debtors 7 341,843 299,940
Cash at bank 101,227 341,243
456,842 656,683
CREDITORS
Amounts falling due within one year 8 248,282 495,828
NET CURRENT ASSETS 208,560 160,855
TOTAL ASSETS LESS CURRENT
LIABILITIES

233,618

195,466

CREDITORS
Amounts falling due after more than one
year

9

19,004

28,768
NET ASSETS 214,614 166,698

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 214,514 166,598
SHAREHOLDERS' FUNDS 214,614 166,698

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

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

Stebar Interiors Limited (Registered number: 03527214)

Balance Sheet - continued
31 July 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 3 October 2024 and were signed by:





S J McDonagh - Director


Stebar Interiors Limited (Registered number: 03527214)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Stebar Interiors 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Income is recognised during the year when the company provides goods and services.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 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.

Work in progress is valued at the lower of cost and net realisable value.
Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

Stebar Interiors Limited (Registered number: 03527214)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022
and 31 July 2023 138,673
DEPRECIATION
At 1 August 2022 104,062
Charge for year 9,553
At 31 July 2023 113,615
NET BOOK VALUE
At 31 July 2023 25,058
At 31 July 2022 34,611

6. STOCKS
31.7.23 31.7.22
£    £   
Stock and WIP 13,772 15,500

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 85,088 198,904
Other debtors 256,755 101,036
341,843 299,940

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 15,707 10,000
Trade creditors 124,002 333,393
Taxation and social security 95,459 139,582
Other creditors 13,114 12,853
248,282 495,828

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Bank loans 19,004 28,768

Stebar Interiors Limited (Registered number: 03527214)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2023 and 31 July 2022:

31.7.23 31.7.22
£    £   
S J McDonagh
Balance outstanding at start of year 78,930 78,930
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 78,930 78,930

This loan is unsecured, interest free and repayable on demand.