2022-12-01 09879005 2023-11-30 09879005 2022-12-01 2023-11-30 09879005 2022-11-30 09879005 2021-12-01 2022-11-30 09879005 uk-core:WithinOneYear 2022-11-30 09879005 uk-core:WithinOneYear 2023-11-30 09879005 uk-core:AfterOneYear 2022-11-30 09879005 uk-core:AfterOneYear 2023-11-30 09879005 uk-core:ShareCapital 2023-11-30 09879005 uk-core:ShareCapital 2022-11-30 09879005 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 09879005 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 09879005 uk-bus:Director1 2022-12-01 2023-11-30 09879005 uk-core:PlantMachinery 2022-12-01 2023-11-30 09879005 uk-core:ComputerEquipment 2022-12-01 2023-11-30 09879005 uk-core:CommercialMotorVehicles 2022-12-01 2023-11-30 09879005 uk-core:ComputerEquipment 2022-11-30 09879005 uk-core:CommercialMotorVehicles 2022-11-30 09879005 uk-core:PlantMachinery 2022-11-30 09879005 uk-core:PlantMachinery 2023-11-30 09879005 uk-core:CommercialMotorVehicles 2023-11-30 09879005 uk-core:ComputerEquipment 2023-11-30 09879005 uk-core:WithinOneYear 2023-11-30 09879005 uk-core:WithinOneYear 2022-11-30 09879005 uk-core:AfterOneYear uk-core:Secured 2023-11-30 09879005 uk-core:AfterOneYear uk-core:Secured 2022-11-30 iso4217:GBP xbrli:pure 09879005 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 09879005 uk-bus:FRS102 2022-12-01 2023-11-30 09879005 uk-bus:FilletedAccounts 2022-12-01 2023-11-30 09879005 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30
STIG'S GRAB SERVICES LTD
Registered Number:09879005
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
09879005
As at 30 November 2023
STIG'S GRAB SERVICES LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
467,054
448,178
2
467,054
448,178
Current assets
Trade and other receivables
75,433
32,480
3
33,454
Cash and cash equivalents
12,970
45,450
108,887
Trade and other payables: amounts falling due within one
year
(199,911)
(211,032)
4
(91,024)
(165,582)
Net current liabilities
Total assets less current liabilities
301,472
357,154
Trade and other payables: amounts falling due after more
than one year
(207,140)
(195,040)
5
106,432
Net assets
150,014
Capital and reserves
Called up share capital
100
100
Retained earnings
106,332
149,914
106,432
150,014
Shareholders' funds
For the year ended 30 November 2023 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 of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Michaela Poulton Director
These financial statements were approved and authorised for issue by the Board on 12 February 2025 and were signed by:
The notes form part of these financial statements
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For the year ended 30 November 2023
STIG'S GRAB SERVICES LTD
Notes to the Financial Statements
Statutory Information
STIG'S GRAB SERVICES LTD is a private limited company, limited by shares, domiciled in England and Wales,
registration number 09879005.
Registered address:
58s Saffron Gardens
Wethersfield
Braintree
Essex
CM7 4BL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
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. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15% Reducing balance
15% Reducing balance
Office equipment
20% Reducing balance
Motor vehicles
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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4
For the year ended 30 November 2023
STIG'S GRAB SERVICES LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Office
equipment
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 December 2022
711,316
19,331
370,507
321,478
111,496
-
-
111,496
Additions
-
(77,000)
-
Disposals
(77,000)
At 30 November 2023
432,974
293,507
19,331
745,812
Provision for depreciation and impairment
At 01 December 2022
263,138
10,716
185,552
66,870
Charge for year
72,435
1,295
32,950
38,190
(56,815)
-
(56,815)
-
On disposal
At 30 November 2023
278,758
12,011
161,687
105,060
At 30 November 2023
Net book value
327,914
131,820
7,320
467,054
At 30 November 2022
254,608
184,955
8,615
448,178
3. Trade and other receivables
2022
2023
£
£
Trade debtors
30,480
70,873
Prepayments and accrued income
2,000
4,560
75,433
32,480
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
5,600
5,510
Trade creditors
47,685
36,509
Taxation and social security
12,640
18,639
Accruals and deferred income
1,500
1,500
Directors' loan accounts
50,623
38,088
Obligations under HP/Financial leases
92,984
92,875
Other creditors
-
6,790
211,032
199,911
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For the year ended 30 November 2023
STIG'S GRAB SERVICES LTD
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
33,825
39,442
167,698
161,215
Obligations under HP/Financial leases
195,040
207,140
6. Related party transactions
The company is controlled by the Director Michaela Poulton.
7. Average number of persons employed
During the year the average number of employees was 4 (2022 : 4)
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