Stovebook Ltd 10982378 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is the sale and installation of wood burning stoves. Digita Accounts Production Advanced 6.30.9574.0 true 10982378 2023-10-01 2024-09-30 10982378 2024-09-30 10982378 core:RetainedEarningsAccumulatedLosses 2024-09-30 10982378 core:ShareCapital 2024-09-30 10982378 core:CurrentFinancialInstruments 2024-09-30 10982378 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 10982378 core:MotorVehicles 2024-09-30 10982378 core:OfficeEquipment 2024-09-30 10982378 bus:SmallEntities 2023-10-01 2024-09-30 10982378 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 10982378 bus:FilletedAccounts 2023-10-01 2024-09-30 10982378 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10982378 bus:RegisteredOffice 2023-10-01 2024-09-30 10982378 bus:Director1 2023-10-01 2024-09-30 10982378 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10982378 core:MotorVehicles 2023-10-01 2024-09-30 10982378 core:OfficeEquipment 2023-10-01 2024-09-30 10982378 countries:EnglandWales 2023-10-01 2024-09-30 10982378 2023-09-30 10982378 core:MotorVehicles 2023-09-30 10982378 core:OfficeEquipment 2023-09-30 10982378 2022-10-01 2023-09-30 10982378 2023-09-30 10982378 core:RetainedEarningsAccumulatedLosses 2023-09-30 10982378 core:ShareCapital 2023-09-30 10982378 core:CurrentFinancialInstruments 2023-09-30 10982378 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 10982378 core:MotorVehicles 2023-09-30 10982378 core:OfficeEquipment 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 10982378

Stovebook Ltd

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

Stovebook Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

Stovebook Ltd

Company Information

Director

R Ralls

Registered office

Unit 45
New Forest Enterprise Centre
Chapel Lane
Totton
Southampton
SO40 9LA

Accountants

Burton Sweet Limited
Chartered accountants and business advisors
Cooper House
Lower Charlton Estate
Shepton Mallet
Somerset
BA4 5QE

 

Stovebook Ltd

(Registration number: 10982378)
Balance Sheet
30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

15,688

6,819

Current assets

 

Stocks

124,435

126,736

Debtors

5

7,499

16,814

Cash at bank and in hand

 

8,399

11,392

 

140,333

154,942

Creditors: Amounts falling due within one year

6

(87,906)

(89,172)

Net current assets

 

52,427

65,770

Net assets

 

68,115

72,589

Capital and reserves

 

Called up share capital

100

100

Retained earnings

68,015

72,489

Shareholders' funds

 

68,115

72,589

 

Stovebook Ltd

(Registration number: 10982378)
Balance Sheet
30 September 2024

For the financial year ending 30 September 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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.

Approved and authorised by the director on 11 April 2025
 

.........................................
R Ralls
Director

 

Stovebook Ltd

Notes to the Unaudited Financial Statements
Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 45
New Forest Enterprise Centre
Chapel Lane
Totton
Southampton
SO40 9LA

These financial statements were authorised for issue by the director on 11 April 2025.

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 comprises the fair value of the consideration receivable for the sale of goods in the ordinary course of the company’s activities.

Tax

The tax expense for the period comprises current 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 corporation 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.

 

Stovebook Ltd

Notes to the Unaudited Financial Statements
Year Ended 30 September 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

Office Equipment

15% per annum straight line

Motor Vehicles

25% per annum reducing balance

Trade debtors

Trade debtors are amounts due from customers for goods sold in the ordinary course of business and are recognised initially at the transaction price.

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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers and recognised at the transaction price.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

 

Stovebook Ltd

Notes to the Unaudited Financial Statements
Year Ended 30 September 2024

4

Tangible assets

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 October 2023

1,791

9,687

11,478

Additions

-

14,000

14,000

At 30 September 2024

1,791

23,687

25,478

Depreciation

At 1 October 2023

421

4,238

4,659

Charge for the year

269

4,862

5,131

At 30 September 2024

690

9,100

9,790

Carrying amount

At 30 September 2024

1,101

14,587

15,688

At 30 September 2023

1,370

5,449

6,819

5

Debtors

2024
£

2023
£

Trade debtors

2,820

13,080

Other debtors

2,208

2,388

Prepayments

2,471

1,346

7,499

16,814

 

Stovebook Ltd

Notes to the Unaudited Financial Statements
Year Ended 30 September 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

5,852

27,117

Taxation and social security

4,846

8,732

Accruals and deferred income

900

820

Other creditors

76,308

52,503

87,906

89,172