Stephen J Allen Limited 10917654 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is Freight Transport by Road Digita Accounts Production Advanced 6.30.9574.0 true 10917654 2023-09-01 2024-08-31 10917654 2024-08-31 10917654 core:CurrentFinancialInstruments 2024-08-31 10917654 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 10917654 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 10917654 core:FurnitureFittings 2024-08-31 10917654 core:MotorVehicles 2024-08-31 10917654 core:OfficeEquipment 2024-08-31 10917654 core:OtherPropertyPlantEquipment 2024-08-31 10917654 bus:SmallEntities 2023-09-01 2024-08-31 10917654 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 10917654 bus:FilletedAccounts 2023-09-01 2024-08-31 10917654 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 10917654 bus:RegisteredOffice 2023-09-01 2024-08-31 10917654 bus:Director1 2023-09-01 2024-08-31 10917654 bus:Director2 2023-09-01 2024-08-31 10917654 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10917654 bus:Agent1 2023-09-01 2024-08-31 10917654 core:FurnitureFittings 2023-09-01 2024-08-31 10917654 core:MotorVehicles 2023-09-01 2024-08-31 10917654 core:OfficeEquipment 2023-09-01 2024-08-31 10917654 core:OtherPropertyPlantEquipment 2023-09-01 2024-08-31 10917654 core:PlantMachinery 2023-09-01 2024-08-31 10917654 countries:EnglandWales 2023-09-01 2024-08-31 10917654 2023-08-31 10917654 core:FurnitureFittings 2023-08-31 10917654 core:MotorVehicles 2023-08-31 10917654 core:OfficeEquipment 2023-08-31 10917654 core:OtherPropertyPlantEquipment 2023-08-31 10917654 2022-09-01 2023-08-31 10917654 2023-08-31 10917654 core:CurrentFinancialInstruments 2023-08-31 10917654 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 10917654 core:Non-currentFinancialInstruments core:AfterOneYear 2023-08-31 10917654 core:FurnitureFittings 2023-08-31 10917654 core:MotorVehicles 2023-08-31 10917654 core:OfficeEquipment 2023-08-31 10917654 core:OtherPropertyPlantEquipment 2023-08-31 iso4217:GBP xbrli:pure

Registration number: 10917654

Stephen J Allen Limited

Unaudited Financial Statements

for the Year Ended 31 August 2024

 

Stephen J Allen Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Stephen J Allen Limited

Company Information

Directors

Mr Stephen John Allen

Ms Lynne Pulley

Registered office

11 Cheltenham Avenue
Cheadle
Stoke-On-Trent
Staffordshire
ST10 1UP

Accountants

Alextra Group Limited
Chartered Certified Accountants7-9 Macon Court
Crewe
Cheshire
CW1 6EA

 

Stephen J Allen Limited

(Registration number: 10917654)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

375,296

367,443

Current assets

 

Stocks

5

4,500

3,550

Debtors

6

200,408

176,255

Cash at bank and in hand

 

11,431

19,851

 

216,339

199,656

Creditors: Amounts falling due within one year

7

(486,731)

(392,741)

Net current liabilities

 

(270,392)

(193,085)

Total assets less current liabilities

 

104,904

174,358

Creditors: Amounts falling due after more than one year

7

(33,135)

(82,361)

Net assets

 

71,769

91,997

Capital and reserves

 

Called up share capital

90,020

90,020

Retained earnings

(18,251)

1,977

Shareholders' funds

 

71,769

91,997

 

Stephen J Allen Limited

(Registration number: 10917654)
Balance Sheet as at 31 August 2024

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 and 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 April 2025 and signed on its behalf by:
 

.........................................
Mr Stephen John Allen
Director

 

Stephen J Allen Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 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:
11 Cheltenham Avenue
Cheadle
Stoke-On-Trent
Staffordshire
ST10 1UP
England

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.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of transport services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, rebates and discounts.

 

Stephen J Allen Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Tax

The tax expense for the period comprises current and deferred 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 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.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company.

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

Fixtures and fittings

20% reducing balance basis

Office equipment

25% straight line basis

Motor vehicles

25% reducing balance basis

Plant and machinery

20% reducing balance basis

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.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Stephen J Allen Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 11 (2023 - 11).

 

Stephen J Allen Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

4

Tangible assets

Fixtures and fittings
£

Office equipment
£

Motor vehicles
 £

Plant and machinery
£

Total
£

Cost or valuation

At 1 September 2023

492

192

484,158

116,233

601,075

Additions

-

66

65,000

67,166

132,232

Disposals

-

-

(48,500)

(9,000)

(57,500)

At 31 August 2024

492

258

500,658

174,399

675,807

Depreciation

At 1 September 2023

296

131

175,546

57,659

233,632

Charge for the year

65

32

88,483

18,060

106,640

Eliminated on disposal

-

-

(32,607)

(7,154)

(39,761)

At 31 August 2024

361

163

231,422

68,565

300,511

Carrying amount

At 31 August 2024

131

95

269,236

105,834

375,296

At 31 August 2023

196

61

308,612

58,574

367,443

 

Stephen J Allen Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

5

Stocks

2024
£

2023
£

Other inventories

4,500

3,550

6

Debtors

Current

2024
£

2023
£

Trade debtors

199,991

173,907

Prepayments

417

2,348

 

200,408

176,255

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

119,234

121,712

Trade creditors

 

30,566

25,126

Taxation and social security

 

37,544

22,294

Accruals and deferred income

 

3,400

2,430

Other creditors

 

295,987

221,179

 

486,731

392,741

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

33,135

82,361

Included in loans and borrowings are amounts owed under hire purchase. These hire purchases are secured by the assets themselves.