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REGISTERED NUMBER: 02710488 (England and Wales)















STAFFORD COMPUTER TECHNOLOGY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024






STAFFORD COMPUTER TECHNOLOGY LIMITED (REGISTERED NUMBER: 02710488)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STAFFORD COMPUTER TECHNOLOGY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: I H Roberts
B M Roberts





REGISTERED OFFICE: Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU





REGISTERED NUMBER: 02710488 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

STAFFORD COMPUTER TECHNOLOGY LIMITED (REGISTERED NUMBER: 02710488)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 7,917 8,747

CURRENT ASSETS
Debtors 5 946,061 1,062,098
Cash at bank and in hand 36,699 33,232
982,760 1,095,330
CREDITORS
Amounts falling due within one year 6 853,512 975,022
NET CURRENT ASSETS 129,248 120,308
TOTAL ASSETS LESS CURRENT
LIABILITIES

137,165

129,055

PROVISIONS FOR LIABILITIES 1,504 1,662
NET ASSETS 135,661 127,393

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 135,561 127,293
SHAREHOLDERS' FUNDS 135,661 127,393

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

STAFFORD COMPUTER TECHNOLOGY LIMITED (REGISTERED NUMBER: 02710488)

BALANCE SHEET - continued
31ST DECEMBER 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th April 2025 and were signed on its behalf by:





B M Roberts - Director


STAFFORD COMPUTER TECHNOLOGY LIMITED (REGISTERED NUMBER: 02710488)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024

1. STATUTORY INFORMATION

Stafford Computer Technology 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 - 10% on cost
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

STAFFORD COMPUTER TECHNOLOGY LIMITED (REGISTERED NUMBER: 02710488)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

2. ACCOUNTING POLICIES - continued

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 19 (2023 - 18 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st January 2024 4,337 10,219 14,556
Additions 583 367 950
At 31st December 2024 4,920 10,586 15,506
DEPRECIATION
At 1st January 2024 1,000 4,809 5,809
Charge for year 382 1,398 1,780
At 31st December 2024 1,382 6,207 7,589
NET BOOK VALUE
At 31st December 2024 3,538 4,379 7,917
At 31st December 2023 3,337 5,410 8,747

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,115 20,379
Bad debt provision 8,189 9,763
Amounts owed by group undertakings 924,539 1,027,017
Other debtors 1,148 1,148
Prepayments and accrued income 7,070 3,791
946,061 1,062,098

STAFFORD COMPUTER TECHNOLOGY LIMITED (REGISTERED NUMBER: 02710488)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 979 2,165
Amounts owed to group undertakings 761,361 910,887
Corporation tax 2,420 (8,521 )
Social security and other taxes 14,919 18,493
Pension fund 3,339 4,013
VAT 60,069 41,900
Accruals and deferred income 10,425 6,085
853,512 975,022

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

8. RELATED PARTY DISCLOSURES

Included within debtors are the following balances due from group companies; Reggin (Computers) Limited £22,322 (2023: £22,322), Motor Trade Technologies Limited £902,217 (2022: £1,004,695).

Included within creditors are the following balances due to other group companies; Demetae Limited £180,000 (2023:£129,999) Mobile Tracking Systems Ltd £272,579 (2023: £258,655) H R Project Management Limited £308,783 (2023: £522,233).