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REGISTERED NUMBER: 07664035 (England and Wales)













Unaudited Financial Statements

for the Year Ended 29 February 2024

for

STANDISH SPORTS & UNIFORMS LIMITED
TRADING AS
IMPRESSIONS UNIFORM

STANDISH SPORTS & UNIFORMS LIMITED (REGISTERED NUMBER: 07664035)
TRADING AS IMPRESSIONS UNIFORM






Contents of the Financial Statements
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STANDISH SPORTS & UNIFORMS LIMITED
TRADING AS IMPRESSIONS UNIFORM

Company Information
FOR THE YEAR ENDED 29 FEBRUARY 2024







Directors: C Collins
K Rigbye





Registered office: 31-33 High Street
Standish
Wigan
WN6 0HA





Registered number: 07664035 (England and Wales)





Accountants: NRB
1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ

STANDISH SPORTS & UNIFORMS LIMITED (REGISTERED NUMBER: 07664035)
TRADING AS IMPRESSIONS UNIFORM

Balance Sheet
29 FEBRUARY 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,033 29,138

CURRENT ASSETS
Stocks 257,646 318,608
Debtors 5 50,142 38,593
Cash at bank and in hand 22,569 1,576
330,357 358,777
CREDITORS
Amounts falling due within one year 6 178,388 233,291
NET CURRENT ASSETS 151,969 125,486
TOTAL ASSETS LESS CURRENT
LIABILITIES

172,002

154,624

CREDITORS
Amounts falling due after more than one
year

7

(72,136

)

(75,003

)

PROVISIONS FOR LIABILITIES 9 (3,806 ) (5,536 )
NET ASSETS 96,060 74,085

CAPITAL AND RESERVES
Called up share capital 10 300 300
Retained earnings 95,760 73,785
SHAREHOLDERS' FUNDS 96,060 74,085

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Board of Directors and authorised for issue on 17 December 2024 and were signed on its behalf by:




C Collins - Director


STANDISH SPORTS & UNIFORMS LIMITED (REGISTERED NUMBER: 07664035)
TRADING AS IMPRESSIONS UNIFORM

Notes to the Financial Statements
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Standish Sports & Uniforms 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.

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
Motor vehicles - 25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

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 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.

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 30 (2023 - 35 ) .

STANDISH SPORTS & UNIFORMS LIMITED (REGISTERED NUMBER: 07664035)
TRADING AS IMPRESSIONS UNIFORM

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 March 2023 47,797 3,398 22,991 74,186
Additions 163 - - 163
Disposals - - (22,991 ) (22,991 )
At 29 February 2024 47,960 3,398 - 51,358
DEPRECIATION
At 1 March 2023 25,148 2,668 17,232 45,048
Charge for year 3,399 110 - 3,509
Eliminated on disposal - - (17,232 ) (17,232 )
At 29 February 2024 28,547 2,778 - 31,325
NET BOOK VALUE
At 29 February 2024 19,413 620 - 20,033
At 28 February 2023 22,649 730 5,759 29,138

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 45,252 26,362
Other debtors 4,890 12,231
50,142 38,593

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 22,000 62,809
Trade creditors 36,455 52,298
Taxation and social security 26,492 7,930
Other creditors 93,441 110,254
178,388 233,291

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans 66,275 75,003
Other creditors 5,861 -
72,136 75,003

8. SECURED DEBTS

The following secured debts are included within creditors:

29.2.24 28.2.23
£    £   
Bank loans 88,275 -

The secured debts are secured by both a fixed charge and a floating charge.

STANDISH SPORTS & UNIFORMS LIMITED (REGISTERED NUMBER: 07664035)
TRADING AS IMPRESSIONS UNIFORM

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

9. PROVISIONS FOR LIABILITIES
29.2.24 28.2.23
£    £   
Deferred tax
Accelerated capital allowances 3,806 5,536

Deferred
tax
£   
Balance at 1 March 2023 5,536
Provided during year (1,730 )
Balance at 29 February 2024 3,806

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary £1 100 100
100 Ordinary B £1 100 100
100 Ordinary C £1 100 100
300 300