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Company No: 12007927 (England and Wales)

STEVENS HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 30 November 2024
Pages for filing with the registrar

STEVENS HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 30 November 2024

Contents

STEVENS HOLDINGS LIMITED

BALANCE SHEET

As at 30 November 2024
STEVENS HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 30 November 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 205,003 105,003
205,003 105,003
Current assets
Debtors 4 1,910,929 2,223,723
Cash at bank and in hand 895,629 604,105
2,806,558 2,827,828
Creditors: amounts falling due within one year 5 ( 101,147) ( 118,533)
Net current assets 2,705,411 2,709,295
Total assets less current liabilities 2,910,414 2,814,298
Net assets 2,910,414 2,814,298
Capital and reserves
Called-up share capital 6 2 2
Profit and loss account 2,910,412 2,814,296
Total shareholders' funds 2,910,414 2,814,298

For the financial year ending 30 November 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Stevens Holdings Limited (registered number: 12007927) were approved and authorised for issue by the Director on 31 May 2025. They were signed on its behalf by:

Mr M A P Stevens
Director
STEVENS HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
STEVENS HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Stevens Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Pkf Francis Clark, Ground Floor Blackbrook Gate 1, Blackbrook Business Park, Taunton, TA1 2PX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 December 2023 3
At 30 November 2024 3
Carrying value at 30 November 2024 3
Carrying value at 30 November 2023 3

Investments in joint ventures Other investments Total
£ £ £
Cost or valuation before impairment
At 01 December 2023 105,000 0 105,000
Additions 0 100,000 100,000
At 30 November 2024 105,000 100,000 205,000
Carrying value at 30 November 2024 105,000 100,000 205,000
Carrying value at 30 November 2023 105,000 0 105,000

4. Debtors

2024 2023
£ £
Corporation tax 7,033 0
Other debtors 1,903,896 2,223,723
1,910,929 2,223,723

5. Creditors: amounts falling due within one year

2024 2023
£ £
Taxation and social security 0 2,706
Other creditors 101,147 115,827
101,147 118,533

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
1 Ordinary A share of £ 1.00 (2023: nil shares) 1 0
1 Ordinary B share of £ 1.00 (2023: nil shares) 1 0
Nil Ordinary shares (2023: 2 shares of £ 1.00 each) 0 2
2 2

7. Related party transactions

Other related party transactions

2024 2023
£ £
CIP Services NZ Limited 1,903,896 993,724

At the year end the above balance was due from CIP Services NZ Limited in respect of a loan balance between companies. This amount is shown in other debtors.