01 February 2023 31 January 2024 No principle activity is included 05883842 2023-02-01 05883842 2024-01-31 05883842 2023-02-01 2024-01-31 05883842 2023-01-31 05883842 2022-02-01 2023-01-31 05883842 uk-core:WithinOneYear 2024-01-31 05883842 uk-core:WithinOneYear 2023-01-31 05883842 uk-core:AfterOneYear 2024-01-31 05883842 uk-core:AfterOneYear 2023-01-31 05883842 uk-core:ShareCapital 2024-01-31 05883842 uk-core:ShareCapital 2023-01-31 05883842 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 05883842 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 05883842 uk-bus:Director1 2023-02-01 2024-01-31 05883842 uk-curr:PoundSterling 2023-02-01 2024-01-31 05883842 uk-core:PlantMachinery 2023-02-01 2024-01-31 05883842 uk-core:Vehicles 2023-02-01 2024-01-31 05883842 uk-core:FurnitureFittings 2023-02-01 2024-01-31 05883842 uk-core:OfficeEquipment 2023-02-01 2024-01-31 05883842 uk-core:VehiclesPlantMachinery 2023-01-31 05883842 uk-core:FurnitureFittingsToolsEquipment 2023-01-31 05883842 uk-core:VehiclesPlantMachinery 2023-02-01 2024-01-31 05883842 uk-core:FurnitureFittingsToolsEquipment 2023-02-01 2024-01-31 05883842 uk-core:VehiclesPlantMachinery 2024-01-31 05883842 uk-core:FurnitureFittingsToolsEquipment 2024-01-31 05883842 uk-core:BetweenTwoFiveYears 2024-01-31 05883842 uk-core:BetweenTwoFiveYears 2023-01-31 05883842 uk-bus:FRS102 2023-02-01 2024-01-31 05883842 uk-bus:FullAccounts 2023-02-01 2024-01-31 05883842 uk-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 05883842 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
  STANFORD PLASTERING LIMITED
   
   
   
  UNAUDITED FINANCIAL STATEMENTS
   
   
  FOR THE YEAR ENDED 31 JANUARY 2024
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
  STANFORD PLASTERING LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 31 JANUARY 2024
       
       
  DIRECTORS
       
  Mr J G McCallion
  Mrs J McCallion
       
       
  SECRETARY
       
  Mrs J M McCallion
       
  REGISTERED OFFICE
       
  64 Stanford Road
Luton
Beds
LU2 0QA
       
       
  COMPANY REGISTERED NUMBER
       
  05883842
       
       
  BANKERS
       
  Lloyds TSB Bank PLc
       
       
  ACCOUNTANTS
       
  Haartwells
  Chartered Certified Accountants
  25 Park Street West
Luton
Beds. LU1 3BE.
  page 1
  STANFORD PLASTERING LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 31 JANUARY 2024
       
       
       
       
  CONTENTS
       
  Pages
       
       
  3-4 Statement of Financial Position  
       
       
  5-7 Notes to the Financial Statements  
       
     
  page 2
  STANFORD PLASTERING LIMITED
  Company registered number: 05883842
  STATEMENT OF FINANCIAL POSITION AT 31 January 2024
           
    Note 2024 2023
      £ £ £
  FIXED ASSETS
  Plant and equipment 3 50,126 64,295
  CURRENT ASSETS    
  Debtors 4 350,617 338,071
  Cash at bank and in hand   - 21,663
      350,617 359,734
  CREDITORS: Amounts falling due within one year 5 89,048 106,405
  NET CURRENT ASSETS   261,569 253,329
  TOTAL ASSETS LESS CURRENT LIABILITIES   311,695 317,624
           
  CREDITORS: Amounts falling due after more than one year 6 (12,868) (22,364)
  NET ASSETS   £298,827 £295,260
       
  CAPITAL AND RESERVES
  Called up share capital   100 100
  Retained earnings   298,727 295,160
  SHAREHOLDERS' FUNDS   £298,827 £295,260
       
  The notes on pages 5-7 form part of these financial statements
   
  page 3
  STANFORD PLASTERING LIMITED
  Company registered number: 05883842
  STATEMENT OF FINANCIAL POSITION AT 31 January 2024 (CONT.)
           
    Note 2024 2023
      £ £ £
       
       
  In approving these financial statements as directors of the company we hereby confirm the following:
       
  For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
       
  The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with section 476 of the Companies Act 2006.
       
  The directors acknowledge their responsibilities for: 1) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.
 
 
  These financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies
       
  In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
       
  The financial statements were approved and authorised for issue by the board of directors on 14 October 2024
 
  Signed on behalf of the board of directors
 
 
       
  Mr J G McCallion, Director
       
       
  The notes on pages 5-7 form part of these financial statements
   
  page 4
  STANFORD PLASTERING LIMITED
  NOTES TO THE ACCOUNTS
  FOR THE YEAR ENDED 31 JANUARY 2024
       
 
1. SIGNIFICANT ACCOUNTING POLICIES
       
         
1a. Statement of compliance
         
  Stanford Plastering Limited is a Private limited company incorporated in England & Wales.
         
  The company's registered number and registered office address can be found on the Company Information page.
         
  These financial statements are the first financial statements that comply with FRS 102. The date of transition is 1 February 2023.
         
  The transition to FRS 102 has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in notes and below. These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
         
 
         
  Basis of accounting
         
 
  The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.
         
1c. Revenue recognition
         
  Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
         
1d. Borrowing costs
         
  Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
         
 
         
1e. Taxation
         
         
  Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
       
1f. Plant and equipment
       
  Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
       
  Plant and machinery Reducing balance 25%  
  Vehicles Reducing balance 25%  
  Fixtures and fittings Reducing balance 15%  
  Equipment Reducing balance 15%  
  The notes on pages 5-7 form part of these financial statements
   
  page 5
  STANFORD PLASTERING LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 31 JANUARY 2024
       
 
1. SIGNIFICANT ACCOUNTING POLICIES (CONT.)
         
1g. Short term debtors and creditors
         
  Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.
         
       
       
2. DIRECTORS AND EMPLOYEES
       
  The average weekly number of employees during the year were as follows:
    2024 2023
       
  Management and administration 1 1
  Production and sales 2 2
    3 3
   
         
3. PLANT AND EQUIPMENT
    Plant & Fixtures &  
    Machinery Equipment Total
    £ £ £
  Cost
         
  At 1 February 2023 257,700 14,967 272,667
  Additions other than through business combinations - 1,642 1,642
         
  At 31 January 2024 257,700 16,609 274,309
   
  Depreciation
         
  At 1 February 2023 198,500 9,872 208,372
  For the year 14,800 1,011 15,811
  At 31 January 2024 213,300 10,883 224,183
   
  Net Book Amounts
         
  At 31 January 2024 44,400 5,726 50,126
  At 31 January 2023 59,200 5,095 64,295
   
  The notes on pages 5-7 form part of these financial statements
   
  page 6
  STANFORD PLASTERING LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 31 JANUARY 2024
       
       
4. DEBTORS 2024 2023
    £ £
  Trade debtors 96,278 93,648
  Other Debtors 38,992 38,992
  Social security and other taxes 215,347 205,431
    £350,617 £338,071
   
       
       
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
    2024 2023
    £ £
  Bank loans and overdrafts 26,375 10,969
  Corporation tax 45,928 57,423
  Other creditors 12,145 33,013
  Accruals and deferred income 4,600 5,000
    £89,048 £106,405
   
       
       
       
6. CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR
    2024 2023
    £ £
  Bank loans and overdrafts 12,868 22,364
    £12,868 £22,364
   
       
       
  Analysis of borrowings:
       
  Due within five years:
  within 1 year
  bank 10,717 10,969
  within 2-5 years
  bank 12,868 22,364
    £23,585 £33,333
   
  The notes on pages 5-7 form part of these financial statements
   
  page 7