Company Registration No. 10982186 (England and Wales)
Stevenson Design Engineering Ltd
Accounts
for the year ended 31 March 2025
Stevenson Design Engineering Ltd
Accounts
Contents
Stevenson Design Engineering Ltd
Company Information
for the year ended 31 March 2025
Director
Matthew Stevenson
Company Number
10982186 (England and Wales)
Registered Office
27/28 Gelliwastad Road
Pontypridd
CF37 2BW
Accountants
R H Jeffs & Rowe Ltd
27-28 Gelliwastad Road
Pontypridd
CF37 2BW
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Stevenson Design Engineering Ltd for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Stevenson Design Engineering Ltd for the year ended
31 March 2025 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Stevenson Design Engineering Ltd, as a body, in accordance with the terms of our engagement letter dated 14 April 2019. Our work has been undertaken solely to prepare for your approval the accounts of Stevenson Design Engineering Ltd and state those matters that we have agreed to state to the Board of Directors of Stevenson Design Engineering Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stevenson Design Engineering Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Stevenson Design Engineering Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Stevenson Design Engineering Ltd. You consider that Stevenson Design Engineering Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Stevenson Design Engineering Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
R H Jeffs & Rowe Ltd
Chartered Accountants
27-28 Gelliwastad Road
Pontypridd
CF37 2BW
29 April 2025
Stevenson Design Engineering Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
11,655
10,022
Cash at bank and in hand
8,406
24,476
Creditors: amounts falling due within one year
(17,842)
(16,381)
Net current assets
9,653
26,438
Called up share capital
1
1
Profit and loss account
25,974
36,459
Shareholders' funds
25,975
36,460
For the year ending 31 March 2025 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 director acknowledges his 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 and authorised for issue on 29 April 2025 and were signed on its behalf by
Matthew Stevenson
Director
Company Registration No. 10982186
Stevenson Design Engineering Ltd
Notes to the Accounts
for the year ended 31 March 2025
Stevenson Design Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 10982186. The registered office is 27/28 Gelliwastad Road, Pontypridd, CF37 2BW.
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
15% reducing balance
Computer equipment
25% reducing balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Stevenson Design Engineering Ltd
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
10,051
13,747
23,798
Additions
1,562
2,842
4,404
Disposals
(70)
(1,174)
(1,244)
At 31 March 2025
11,543
15,415
26,958
At 1 April 2024
3,150
10,626
13,776
Charge for the year
1,215
748
1,963
On disposals
(27)
(409)
(436)
At 31 March 2025
4,338
10,965
15,303
At 31 March 2025
7,205
4,450
11,655
At 31 March 2024
6,901
3,121
10,022
Amounts falling due within one year
Trade debtors
11,280
15,730
Accrued income and prepayments
7,786
2,613
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
4,669
5,753
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).