Company Registration No. 4286424 (England and Wales)
Stoyle & Adamson Ltd
Unaudited accounts
for the year ended 31 December 2024
Stoyle & Adamson Ltd
Unaudited accounts
Contents
Stoyle & Adamson Ltd
Company Information
for the year ended 31 December 2024
Directors
David Alan Blin Stoyle
Julia Adamson
Company Number
4286424 (England and Wales)
Registered Office
Lloyds Bank Chambers
30 High Street
Crediton
Devon
EX17 3AH
ENGLAND
Stoyle & Adamson Ltd
Statement of financial position
as at 31 December 2024
Intangible assets
10,000
10,000
Tangible assets
1,113,307
1,515,902
Cash at bank and in hand
211,305
23,612
Creditors: amounts falling due within one year
(136,621)
(356,090)
Net current assets/(liabilities)
84,054
(317,383)
Total assets less current liabilities
1,207,361
1,208,519
Creditors: amounts falling due after more than one year
(42,466)
(51,152)
Net assets
1,164,895
1,157,367
Called up share capital
220
220
Profit and loss account
1,164,675
1,157,147
Shareholders' funds
1,164,895
1,157,367
For the year ending 31 December 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 9 May 2025 and were signed on its behalf by
David Alan Blin Stoyle
Director
Company Registration No. 4286424
Stoyle & Adamson Ltd
Notes to the Accounts
for the year ended 31 December 2024
Stoyle & Adamson Ltd is a private company, limited by shares, registered in England and Wales, registration number 4286424. The registered office is Lloyds Bank Chambers, 30 High Street, Crediton, Devon, EX17 3AH, ENGLAND.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Goodwill is in the directors' opinion attached to the freehold property and has not been depreciated.
4
Intangible fixed assets
Goodwill
At 31 December 2024
10,000
At 31 December 2024
10,000
At 31 December 2023
10,000
Stoyle & Adamson Ltd
Notes to the Accounts
for the year ended 31 December 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 January 2024
1,455,003
29,428
74,959
81,801
-
1,641,191
Additions
-
3,617
-
-
1,041
4,658
Disposals
(394,142)
-
-
-
-
(394,142)
At 31 December 2024
1,060,861
33,045
74,959
81,801
1,041
1,251,707
At 1 January 2024
-
26,274
26,985
72,030
-
125,289
Charge for the year
-
1,354
9,595
1,954
208
13,111
At 31 December 2024
-
27,628
36,580
73,984
208
138,400
At 31 December 2024
1,060,861
5,417
38,379
7,817
833
1,113,307
At 31 December 2023
1,455,003
3,154
47,974
9,771
-
1,515,902
Amounts falling due within one year
Trade debtors
4,070
11,000
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
815
21,950
Other creditors
5,501
4,294
Loans from directors
105,800
295,275
Deferred income
23,495
33,561
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
42,466
51,152
Allotted, called up and fully paid:
220 Ordinary shares of £1 each
220
220
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).