IRIS Accounts Production v24.3.0.553 14149676 director 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh141496762023-06-30141496762024-06-30141496762023-07-012024-06-30141496762022-06-05141496762022-06-062023-06-30141496762023-06-3014149676ns15:EnglandWales2023-07-012024-06-3014149676ns14:PoundSterling2023-07-012024-06-3014149676ns10:Director12023-07-012024-06-3014149676ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3014149676ns10:SmallEntities2023-07-012024-06-3014149676ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3014149676ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3014149676ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3014149676ns10:FullAccounts2023-07-012024-06-3014149676ns10:RegisteredOffice2023-07-012024-06-3014149676ns5:CurrentFinancialInstruments2024-06-3014149676ns5:CurrentFinancialInstruments2023-06-3014149676ns5:ShareCapital2024-06-3014149676ns5:ShareCapital2023-06-3014149676ns5:RetainedEarningsAccumulatedLosses2024-06-3014149676ns5:RetainedEarningsAccumulatedLosses2023-06-3014149676ns5:PlantMachinery2023-07-012024-06-3014149676ns5:ComputerEquipment2023-07-012024-06-3014149676ns5:PlantMachinery2023-06-3014149676ns5:ComputerEquipment2023-06-3014149676ns5:PlantMachinery2024-06-3014149676ns5:ComputerEquipment2024-06-3014149676ns5:PlantMachinery2023-06-3014149676ns5:ComputerEquipment2023-06-3014149676ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3014149676ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: 14149676 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Stinch Ltd

Stinch Ltd (Registered number: 14149676)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stinch Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: O J Stinchcombe





REGISTERED OFFICE: Cherry Tree Barn Walcot Lane
Drakes Broughton
Pershore
WR10 2AL





REGISTERED NUMBER: 14149676 (England and Wales)





ACCOUNTANTS: Taylor Hobbs
Cherry Tree Barn
Walcot Lane
Drakes Broughton
Pershore
Worcestershire
WR10 2AL

Stinch Ltd (Registered number: 14149676)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,373 1,591

CURRENT ASSETS
Debtors 5 43,562 32,471
Cash at bank 473,272 54,304
516,834 86,775
CREDITORS
Amounts falling due within one year 6 157,078 29,129
NET CURRENT ASSETS 359,756 57,646
TOTAL ASSETS LESS CURRENT
LIABILITIES

361,129

59,237

PROVISIONS FOR LIABILITIES 343 338
NET ASSETS 360,786 58,899

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 360,785 58,898
360,786 58,899

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

Stinch Ltd (Registered number: 14149676)

Balance Sheet - continued
30 June 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 October 2024 and were signed by:





O J Stinchcombe - Director


Stinch Ltd (Registered number: 14149676)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Stinch Ltd 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 - 20% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Stinch Ltd (Registered number: 14149676)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 July 2023 - 2,387 2,387
Additions 375 416 791
At 30 June 2024 375 2,803 3,178
DEPRECIATION
At 1 July 2023 - 796 796
Charge for year 75 934 1,009
At 30 June 2024 75 1,730 1,805
NET BOOK VALUE
At 30 June 2024 300 1,073 1,373
At 30 June 2023 - 1,591 1,591

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 23,464 32,248
Other debtors 20,098 223
43,562 32,471

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors - 1,693
Taxation and social security 130,152 26,635
Other creditors 26,926 801
157,078 29,129

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the end of the financial year, the Company owed it's director the amount of £25,325 (2023: £2).