Company Registration No. 07634833 (England and Wales)
David Stitson Ltd
Unaudited accounts
for the year ended 31 May 2024
David Stitson Ltd
Unaudited accounts
Contents
David Stitson Ltd
Company Information
for the year ended 31 May 2024
Directors
Mr D J Stitson
Mrs S T C Stitson
Company Number
07634833 (England and Wales)
Registered Office
C/O Blackwell Bate Ltd
122 Fore Street
Saltash
Cornwall
PL12 6JW
England
Accountants
Blackwell Bate Ltd
Brunel Court
122 Fore Street
Saltash
Cornwall
PL12 6JW
David Stitson Ltd
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
76,309
70,713
Creditors: amounts falling due within one year
(35,963)
(33,203)
Net current assets
77,304
74,476
Called up share capital
100
100
Profit and loss account
77,204
75,320
Shareholders' funds
77,304
75,420
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 January 2025 and were signed on its behalf by
Mr D J Stitson
Director
Company Registration No. 07634833
David Stitson Ltd
Notes to the Accounts
for the year ended 31 May 2024
David Stitson Ltd is a private company, limited by shares, registered in England and Wales, registration number 07634833. The registered office is C/O Blackwell Bate Ltd, 122 Fore Street, Saltash, Cornwall, PL12 6JW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
David Stitson Ltd
Notes to the Accounts
for the year ended 31 May 2024
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
1,767
4,589
6,356
At 31 May 2024
1,767
4,589
6,356
At 1 June 2023
1,596
3,816
5,412
Charge for the year
171
773
944
At 31 May 2024
1,767
4,589
6,356
At 31 May 2023
171
773
944
Amounts falling due within one year
Trade debtors
35,622
36,966
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
34,327
31,235
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).