6 false false false false false false false false false false true false false false false false false No description of principal activity 2024-02-01 Sage Accounts Production Advanced 2023 - FRS102_2023 160,000 160,000 xbrli:pure xbrli:shares iso4217:GBP 11671109 2024-02-01 2025-01-31 11671109 2025-01-31 11671109 2024-01-31 11671109 2023-02-01 2024-01-31 11671109 2024-01-31 11671109 2023-01-31 11671109 core:NetGoodwill 2024-02-01 2025-01-31 11671109 core:PlantMachinery 2024-02-01 2025-01-31 11671109 core:MotorVehicles 2024-02-01 2025-01-31 11671109 bus:Director1 2024-02-01 2025-01-31 11671109 core:NetGoodwill 2025-01-31 11671109 core:PlantMachinery 2024-01-31 11671109 core:MotorVehicles 2024-01-31 11671109 core:PlantMachinery 2025-01-31 11671109 core:MotorVehicles 2025-01-31 11671109 core:WithinOneYear 2025-01-31 11671109 core:WithinOneYear 2024-01-31 11671109 core:AfterOneYear 2025-01-31 11671109 core:AfterOneYear 2024-01-31 11671109 core:ShareCapital 2025-01-31 11671109 core:ShareCapital 2024-01-31 11671109 core:RetainedEarningsAccumulatedLosses 2025-01-31 11671109 core:RetainedEarningsAccumulatedLosses 2024-01-31 11671109 core:PlantMachinery 2024-01-31 11671109 core:MotorVehicles 2024-01-31 11671109 bus:SmallEntities 2024-02-01 2025-01-31 11671109 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 11671109 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 11671109 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 11671109 bus:FullAccounts 2024-02-01 2025-01-31 11671109 core:ComputerEquipment 2024-02-01 2025-01-31 11671109 core:ComputerEquipment 2024-01-31 11671109 core:ComputerEquipment 2025-01-31 11671109 core:AfterOneYear 2024-02-01 2025-01-31
COMPANY REGISTRATION NUMBER: 11671109
Stoke Ash Plant Limited
Unaudited financial statements
31 January 2025
Stoke Ash Plant Limited
Statement of financial position
31 January 2025
2025
2024
Note
£
£
£
£
Fixed assets
Tangible assets
6
1,085,909
980,062
Current assets
Debtors
7
437,958
397,021
Cash at bank and in hand
205,338
163,685
---------
---------
643,296
560,706
Creditors: Amounts falling due within one year
8
( 1,047,902)
( 954,290)
-----------
---------
Net current liabilities
( 404,606)
( 393,584)
-----------
---------
Total assets less current liabilities
681,303
586,478
Creditors: Amounts falling due after more than one year
9
( 191,560)
( 130,053)
Provisions
Taxation including deferred tax
( 271,376)
( 244,945)
---------
---------
Net assets
218,367
211,480
---------
---------
Capital and reserves
Called up share capital
200
200
Profit and loss account
218,167
211,280
---------
---------
Shareholders funds
218,367
211,480
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 31 January 2025 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Stoke Ash Plant Limited
Statement of financial position (continued)
31 January 2025
These financial statements were approved by the board of directors and authorised for issue on 2 June 2025 , and are signed on behalf of the board by:
G C Aldridge
Director
Company registration number: 11671109
Stoke Ash Plant Limited
Notes to the financial statements
Year ended 31 January 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is First Floor Suite, 2 Hillside Business Park, Bury St Edmunds, Suffolk, IP32 7EA. The trading address of the company is Huggins Farm, Huggins Lane, Stoke Ash, Eye, Suffolk, IP23 7ER.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill
-
20% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
25% reducing balance
Motor vehicles
-
25% reducing balance
Equipment
-
33% reducing balance
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of employees during the year was 6 (2024: 6 ).
5. Intangible assets
Goodwill
£
Cost
At 1 February 2024 and 31 January 2025
160,000
---------
Amortisation
At 1 February 2024 and 31 January 2025
160,000
---------
Carrying amount
At 31 January 2025
---------
At 31 January 2024
---------
6. Tangible assets
Plant and machinery
Motor vehicles
Equipment
Total
£
£
£
£
Cost
At 1 February 2024
1,535,643
68,982
4,076
1,608,701
Additions
694,986
32,600
727,586
Disposals
( 515,300)
( 62,332)
( 577,632)
-----------
-------
------
-----------
At 31 January 2025
1,715,329
39,250
4,076
1,758,655
-----------
-------
------
-----------
Depreciation
At 1 February 2024
605,586
19,140
3,913
628,639
Charge for the year
241,711
2,375
163
244,249
Disposals
( 183,586)
( 16,556)
( 200,142)
-----------
-------
------
-----------
At 31 January 2025
663,711
4,959
4,076
672,746
-----------
-------
------
-----------
Carrying amount
At 31 January 2025
1,051,618
34,291
1,085,909
-----------
-------
------
-----------
At 31 January 2024
930,057
49,842
163
980,062
-----------
-------
------
-----------
7. Debtors
2025
2024
£
£
Trade debtors
234,788
300,885
Other debtors
203,170
96,136
---------
---------
437,958
397,021
---------
---------
8. Creditors: Amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
10,375
10,119
Trade creditors
27,578
25,957
Amounts owed to group undertakings and undertakings in which the company has a participating interest
822,357
668,376
Social security and other taxes
69,477
75,021
Other creditors
118,115
174,817
-----------
---------
1,047,902
954,290
-----------
---------
Liabilities in respect of hire purchase commitments of £104,316 (2024: £147,542) are secured on the assets involved.
9. Creditors: Amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
5,286
15,661
Other creditors
186,274
114,392
---------
---------
191,560
130,053
---------
---------
Liabilities in respect of hire purchase commitments of £186,274 (2024: £114,392) are secured on the assets involved.
10. Directors' advances, credits and guarantees
Included in other debtors is an amount due to the company from the directors of £147,050 (2024: £68,330). Interest of £908 has been charged at the official rate.