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REGISTERED NUMBER: 00913155 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Stakapal Limited

Stakapal Limited (Registered number: 00913155)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountant's Report 8

Stakapal Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: N W Betteley
Mrs S D Betteley
J D Sullivan
O Sibanda
R Owen





REGISTERED OFFICE: Stakapal Limited Bettys Lane
Norton Canes
Cannock
Staffordshire
WS11 9NZ





REGISTERED NUMBER: 00913155 (England and Wales)





ACCOUNTANT: Groucott Moor Limited
Lombard House
Cross Keys
Lichfield
Staffordshire
WS13 6DN

Stakapal Limited (Registered number: 00913155)

Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 426,106 476,352
426,106 476,352

CURRENT ASSETS
Stocks 344,354 395,815
Debtors 6 536,920 187,932
Cash at bank and in hand 1,484,286 1,420,220
2,365,560 2,003,967
CREDITORS
Amounts falling due within one year 7 1,126,836 949,855
NET CURRENT ASSETS 1,238,724 1,054,112
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,664,830

1,530,464

PROVISIONS FOR LIABILITIES 8 42,425 74,500
NET ASSETS 1,622,405 1,455,964

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Other reserves 6,000 6,000
Retained earnings 1,614,405 1,447,964
1,622,405 1,455,964

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

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

Stakapal Limited (Registered number: 00913155)

Statement of Financial Position - continued
31 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2025 and were signed on its behalf by:





N W Betteley - Director


Stakapal Limited (Registered number: 00913155)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Stakapal 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - at varying rates on cost
Motor vehicles - at varying rates on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.


Stakapal Limited (Registered number: 00913155)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 35 (2023 - 34 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 140,939
AMORTISATION
At 1 January 2024
and 31 December 2024 140,939
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

Stakapal Limited (Registered number: 00913155)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2024 3,177,231 498,905 3,676,136
Additions 6,232 114,120 120,352
Disposals - (67,915 ) (67,915 )
At 31 December 2024 3,183,463 545,110 3,728,573
DEPRECIATION
At 1 January 2024 2,944,652 255,132 3,199,784
Charge for year 59,975 110,623 170,598
Eliminated on disposal - (67,915 ) (67,915 )
At 31 December 2024 3,004,627 297,840 3,302,467
NET BOOK VALUE
At 31 December 2024 178,836 247,270 426,106
At 31 December 2023 232,579 243,773 476,352

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 480,974 133,065
Other debtors 55,946 54,867
536,920 187,932

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 220,601 103,445
Amounts owed to group undertakings 400,000 300,000
Taxation and social security 354,534 333,970
Other creditors 151,701 212,440
1,126,836 949,855

8. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 42,425 74,500

Stakapal Limited (Registered number: 00913155)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2024 74,500
Provided during year (32,075 )
Balance at 31 December 2024 42,425

Chartered Accountant's Report to the Board of Directors
on the Unaudited Financial Statements of
Stakapal Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Stakapal Limited for the year ended 31 December 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Stakapal Limited, as a body, in accordance with my terms of engagement. My work has been undertaken solely to prepare for your approval the financial statements of Stakapal Limited and state those matters that I have agreed to state to the Board of Directors of Stakapal Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Stakapal Limited and its Board of Directors, as a body, for my work or for this report.

It is your duty to ensure that Stakapal Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Stakapal Limited. You consider that Stakapal Limited is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Stakapal Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.






Groucott Moor Limited
Lombard House
Cross Keys
Lichfield
Staffordshire
WS13 6DN


15 May 2025