1 March 2024 false Taxfiler 2024.6 12456609business:PrivateLimitedCompanyLtd2024-03-012025-02-28 124566092024-02-29 124566092024-03-012025-02-28 12456609business:AuditExemptWithAccountantsReport2024-03-012025-02-28 12456609business:FilletedAccounts2024-03-012025-02-28 124566092025-02-28 12456609business:Director12024-03-012025-02-28 12456609business:RegisteredOffice2024-03-012025-02-28 124566092024-02-29 12456609core:WithinOneYear2025-02-28 12456609core:WithinOneYear2024-02-29 12456609core:AfterOneYear2025-02-28 12456609core:AfterOneYear2024-02-29 12456609core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 12456609core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 12456609core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 12456609core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 12456609core:PreviouslyStatedAmount2025-02-28 12456609core:PreviouslyStatedAmount2024-02-29 12456609business:SmallEntities2024-03-012025-02-28 12456609countries:EnglandWales2024-03-012025-02-28 12456609core:PlantMachinery2024-03-012025-02-28 12456609core:FurnitureFittings2024-03-012025-02-28 12456609core:PlantMachinery2024-02-29 12456609core:FurnitureFittings2024-02-29 12456609core:PlantMachinery2025-02-28 12456609core:FurnitureFittings2025-02-28 12456609core:PlantMachinerycore:LeasedAssetsHeldAsLessee2025-02-28 12456609core:PlantMachinerycore:LeasedAssetsHeldAsLessee2024-02-29 12456609core:AfterOneYear2024-03-012025-02-28 12456609business:OrdinaryShareClass12024-03-012025-02-28 12456609business:OrdinaryShareClass12023-03-012024-02-29 12456609business:OrdinaryShareClass22024-03-012025-02-28 12456609business:OrdinaryShareClass22023-03-012024-02-29 12456609business:AllOrdinaryShares2024-03-012025-02-28 12456609business:AllOrdinaryShares2023-03-012024-02-29 124566092023-03-012024-02-29 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12456609 (England and Wales)
Stellify Build Limited Unaudited accounts for the year ended 28 February 2025
Stellify Build Limited Unaudited accounts Contents
Page
- 2 -
Stellify Build Limited Company Information for the year ended 28 February 2025
Director
Ian John Gittins
Company Number
12456609 (England and Wales)
Registered Office
Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
Accountants
Taylor Consultancy, Chartered Certified Accountants Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
- 3 -
Stellify Build Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,307 
22,342 
Current assets
Inventories
480,909 
244,536 
Debtors
106,308 
21,291 
Cash at bank and in hand
70,175 
1,188 
657,392 
267,015 
Creditors: amounts falling due within one year
(632,103)
(265,175)
Net current assets
25,289 
1,840 
Total assets less current liabilities
41,596 
24,182 
Creditors: amounts falling due after more than one year
(7,570)
- 
Provisions for liabilities
Deferred tax
(3,098)
(3,792)
Net assets
30,928 
20,390 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
30,728 
20,190 
Shareholders' funds
30,928 
20,390 
For the year ending 28 February 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 23 May 2025 and were signed on its behalf by
Ian John Gittins Director Company Registration No. 12456609
- 4 -
Stellify Build Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Stellify Build Limited is a private company, limited by shares, registered in England and Wales, registration number 12456609. The registered office is Primary House, Spring Gardens, Macclesfield, Cheshire, SK10 2DX.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% per annum on a straight line basis
Fixtures & fittings
20% per annum on a straight line basis
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
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.
- 5 -
Stellify Build Limited Notes to the Accounts for the year ended 28 February 2025
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2024
25,995 
4,179 
30,174 
At 28 February 2025
25,995 
4,179 
30,174 
Depreciation
At 1 March 2024
5,199 
2,633 
7,832 
Charge for the year
5,199 
836 
6,035 
At 28 February 2025
10,398 
3,469 
13,867 
Net book value
At 28 February 2025
15,597 
710 
16,307 
At 29 February 2024
20,796 
1,546 
22,342 
2025 
2024 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Plant & machinery
15,597 
- 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
30,029 
- 
Trade debtors
52,064 
683 
Accrued income and prepayments
24,215 
9,542 
Other debtors
- 
11,066 
106,308 
21,291 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
- 
1,361 
Obligations under finance leases and hire purchase contracts
2,936 
- 
Trade creditors
440,108 
101,371 
Amounts owed to group undertakings and other participating interests
148,552 
90,315 
Taxes and social security
25,882 
36,806 
Other creditors
10,800 
11,766 
Loans from directors
1,575 
608 
Accruals
2,250 
2,250 
Deferred income
- 
20,698 
632,103 
265,175 
- 6 -
Stellify Build Limited Notes to the Accounts for the year ended 28 February 2025
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
7,570 
- 
Liabilities under hire purchase contacts are secured on the assets to which they relate.
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
100 A Ordinary shares of £1 each
100 
100 
200 
200 
9
Transactions with related parties
The company has taken advantage of the exemptions conferred by FRS 102 allowing it not to disclose any transactions with other members of the group that are 100% owned.
10
Controlling party
The ultimate holding company is Stellify Building Projects Limited, a company registered in England and Wales under company number 12226872.
11
Average number of employees
During the year the average number of employees was 5 (2024: 5).
- 7 -