IRIS Accounts Production v24.3.0.553 08974058 director 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089740582023-03-31089740582024-03-31089740582023-04-012024-03-31089740582022-03-31089740582022-04-012023-03-31089740582023-03-3108974058ns15:EnglandWales2023-04-012024-03-3108974058ns14:PoundSterling2023-04-012024-03-3108974058ns10:Director12023-04-012024-03-3108974058ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3108974058ns10:SmallEntities2023-04-012024-03-3108974058ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3108974058ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3108974058ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3108974058ns10:FullAccounts2023-04-012024-03-310897405812023-04-012024-03-3108974058ns10:RegisteredOffice2023-04-012024-03-3108974058ns5:CurrentFinancialInstruments2024-03-3108974058ns5:CurrentFinancialInstruments2023-03-3108974058ns5:Non-currentFinancialInstruments2024-03-3108974058ns5:Non-currentFinancialInstruments2023-03-3108974058ns5:ShareCapital2024-03-3108974058ns5:ShareCapital2023-03-3108974058ns5:RetainedEarningsAccumulatedLosses2024-03-3108974058ns5:RetainedEarningsAccumulatedLosses2023-03-3108974058ns5:NetGoodwill2023-04-012024-03-3108974058ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3108974058ns5:PlantMachinery2023-04-012024-03-3108974058ns5:FurnitureFittings2023-04-012024-03-3108974058ns5:ComputerEquipment2023-04-012024-03-3108974058ns5:NetGoodwill2023-03-3108974058ns5:NetGoodwill2024-03-3108974058ns5:NetGoodwill2023-03-3108974058ns5:LongLeaseholdAssetsns5:LandBuildings2023-03-3108974058ns5:LeaseholdImprovements2023-03-3108974058ns5:PlantMachinery2023-03-3108974058ns5:LongLeaseholdAssetsns5:LandBuildings2023-04-012024-03-3108974058ns5:LeaseholdImprovements2023-04-012024-03-3108974058ns5:LongLeaseholdAssetsns5:LandBuildings2024-03-3108974058ns5:LeaseholdImprovements2024-03-3108974058ns5:PlantMachinery2024-03-3108974058ns5:LongLeaseholdAssetsns5:LandBuildings2023-03-3108974058ns5:LeaseholdImprovements2023-03-3108974058ns5:PlantMachinery2023-03-3108974058ns5:FurnitureFittings2023-03-3108974058ns5:ComputerEquipment2023-03-3108974058ns5:FurnitureFittings2024-03-3108974058ns5:ComputerEquipment2024-03-3108974058ns5:FurnitureFittings2023-03-3108974058ns5:ComputerEquipment2023-03-3108974058ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3108974058ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 08974058 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

The Old Stillage Limited

The Old Stillage Limited (Registered number: 08974058)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Old Stillage Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: N T O Reynolds





REGISTERED OFFICE: 145-147 Church Road
Redfield
Bristol
BS5 9LA





REGISTERED NUMBER: 08974058 (England and Wales)





ACCOUNTANTS: Chepstow Accountancy Services Limited

The Old Stillage Limited (Registered number: 08974058)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 57,737 45,362
57,737 45,362

CURRENT ASSETS
Stocks 3,854 4,013
Debtors 6 1,144 4,935
Cash at bank and in hand 167,965 140,040
172,963 148,988
CREDITORS
Amounts falling due within one year 7 74,340 82,193
NET CURRENT ASSETS 98,623 66,795
TOTAL ASSETS LESS CURRENT
LIABILITIES

156,360

112,157

CREDITORS
Amounts falling due after more than one
year

8

(11,667

)

(22,467

)

PROVISIONS FOR LIABILITIES (5,739 ) (2,601 )
NET ASSETS 138,954 87,089

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 138,944 87,079
138,954 87,089

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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

The Old Stillage Limited (Registered number: 08974058)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 December 2024 and were signed by:





N T O Reynolds - Director


The Old Stillage Limited (Registered number: 08974058)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

The Old Stillage 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 15% 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

The Old Stillage Limited (Registered number: 08974058)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 22,992
AMORTISATION
At 1 April 2023
and 31 March 2024 22,992
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Improvements
Long to Plant and
leasehold property machinery
£    £    £   
COST
At 1 April 2023 13,250 11,897 14,432
Additions - - 13,657
At 31 March 2024 13,250 11,897 28,089
DEPRECIATION
At 1 April 2023 - - 6,363
Charge for year - - 3,259
At 31 March 2024 - - 9,622
NET BOOK VALUE
At 31 March 2024 13,250 11,897 18,467
At 31 March 2023 13,250 11,897 8,069

The Old Stillage Limited (Registered number: 08974058)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS - continued

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 36,089 3,208 78,876
Additions 3,909 560 18,126
At 31 March 2024 39,998 3,768 97,002
DEPRECIATION
At 1 April 2023 25,563 1,588 33,514
Charge for year 2,165 327 5,751
At 31 March 2024 27,728 1,915 39,265
NET BOOK VALUE
At 31 March 2024 12,270 1,853 57,737
At 31 March 2023 10,526 1,620 45,362

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 1,144 4,935

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,000 9,200
Trade creditors 26,225 38,234
Taxation and social security 36,115 32,680
Other creditors 2,000 2,079
74,340 82,193

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 11,667 22,467