8 8 S & T Moore Ltd NI614450 false 2023-11-01 2024-10-31 2024-10-31 The principal activity of the company is retailer of gents' clothing and children's school uniforms Digita Accounts Production Advanced 6.30.9574.0 true NI614450 2023-11-01 2024-10-31 NI614450 2024-10-31 NI614450 bus:OrdinaryShareClass1 2024-10-31 NI614450 bus:OrdinaryShareClass2 2024-10-31 NI614450 core:CurrentFinancialInstruments 2024-10-31 NI614450 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 NI614450 core:FurnitureFittingsToolsEquipment 2024-10-31 NI614450 core:MotorVehicles 2024-10-31 NI614450 bus:SmallEntities 2023-11-01 2024-10-31 NI614450 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 NI614450 bus:FilletedAccounts 2023-11-01 2024-10-31 NI614450 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 NI614450 bus:RegisteredOffice 2023-11-01 2024-10-31 NI614450 bus:Director2 2023-11-01 2024-10-31 NI614450 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 NI614450 bus:OrdinaryShareClass2 2023-11-01 2024-10-31 NI614450 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 NI614450 core:FurnitureFittings 2023-11-01 2024-10-31 NI614450 core:FurnitureFittingsToolsEquipment 2023-11-01 2024-10-31 NI614450 core:MotorVehicles 2023-11-01 2024-10-31 NI614450 core:OfficeEquipment 2023-11-01 2024-10-31 NI614450 countries:NorthernIreland 2023-11-01 2024-10-31 NI614450 2023-10-31 NI614450 core:FurnitureFittingsToolsEquipment 2023-10-31 NI614450 core:MotorVehicles 2023-10-31 NI614450 2022-11-01 2023-10-31 NI614450 2023-10-31 NI614450 bus:OrdinaryShareClass1 2023-10-31 NI614450 bus:OrdinaryShareClass2 2023-10-31 NI614450 core:CurrentFinancialInstruments 2023-10-31 NI614450 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 NI614450 core:FurnitureFittingsToolsEquipment 2023-10-31 NI614450 core:MotorVehicles 2023-10-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: NI614450

S & T Moore Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 October 2024

 

S & T Moore Ltd

(Registration number: NI614450)
Balance Sheet as at 31 October 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

15,293

18,014

Current assets

 

Stocks

5

522,360

478,026

Debtors

6

7,118

10,598

Cash at bank and in hand

 

156,150

219,351

 

685,628

707,975

Creditors: Amounts falling due within one year

7

(315,549)

(361,729)

Net current assets

 

370,079

346,246

Total assets less current liabilities

 

385,372

364,260

Provisions for liabilities

(3,823)

(4,258)

Net assets

 

381,549

360,002

Capital and reserves

 

Called up share capital

8

108,002

108,002

Retained earnings

273,547

252,000

Shareholders' funds

 

381,549

360,002

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

 

S & T Moore Ltd

(Registration number: NI614450)
Balance Sheet as at 31 October 2024

Approved and authorised by the director on 17 December 2024
 

.........................................
Mr Samuel Moore
Director

 

S & T Moore Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

1

General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is: 28 Railway Road, Coleraine, Co. Londonderry, BT52 1PE.

These financial statements were authorised for issue by the director on 17 December 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

S & T Moore Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

15% per annum reducing balance basis

Office equipment

20% per annum reducing balance basis

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Financial assets, including debtors, are reviewed at the reporting date to determine if there is any evidence of potential impairment. Any losses arising from impairment are recognised in the income statement in operating expenses.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

S & T Moore Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 8 (2023 - 8).

4

Tangible assets

Fixtures & fittings
 £

Office equipment
 £

Total
£

Cost or valuation

At 1 November 2023

82,134

1,898

84,032

At 31 October 2024

82,134

1,898

84,032

Depreciation

At 1 November 2023

64,478

1,540

66,018

Charge for the year

2,649

72

2,721

At 31 October 2024

67,127

1,612

68,739

Carrying amount

At 31 October 2024

15,007

286

15,293

At 31 October 2023

17,656

358

18,014

 

S & T Moore Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

5

Stocks

2024
£

2023
£

Goods for resale

522,360

478,026

6

Debtors

Current

2024
£

2023
£

Trade debtors

4,465

7,498

Prepayments

2,653

3,100

 

7,118

10,598

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Trade creditors

 

199,262

208,963

Taxation and social security

 

16,004

19,383

Directors current account

9

61,435

109,492

Other creditors

 

38,848

23,891

 

315,549

361,729

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

2

2

2

2

Ordinary A shares of £1 each

108,000

108,000

108,000

108,000

108,002

108,002

108,002

108,002

 

S & T Moore Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

9

Related party transactions

The following balance was owed to the director at the year end:

2024
£

2023
 £

Directors current account

61,435

109,492


Interest of £2,564 was charged on the balance owed (2023: £2,668).