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REGISTERED NUMBER: 02877199 (England and Wales)












L & B Stimler Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025






L & B Stimler Limited (Registered number: 02877199)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


L & B Stimler Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: M E Stimler
Mrs T S Davis





REGISTERED OFFICE: 10 The Squirrels
Bushey
Hertfordshire
WD23 4RT





REGISTERED NUMBER: 02877199 (England and Wales)





ACCOUNTANTS: Kilby Fox
Chartered Accountants
4 Pavilion Court
600 Pavilion Drive
Northampton Business Park
Northampton
Northamptonshire
NN4 7SL

L & B Stimler Limited (Registered number: 02877199)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,635,942 4,556,980

CURRENT ASSETS
Debtors 5 25,121 8,573
Cash at bank and in hand 289,549 256,401
314,670 264,974
CREDITORS
Amounts falling due within one year 6 22,761 22,124
NET CURRENT ASSETS 291,909 242,850
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,927,851

4,799,830

CREDITORS
Amounts falling due after more than one
year

7

(767,852

)

(767,852

)

PROVISIONS FOR LIABILITIES 8 (1,158,973 ) (865,815 )
NET ASSETS 3,001,026 3,166,163

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Other reserves 24,853 24,853
Fair value reserve 9 3,595,230 3,507,109
Retained earnings (620,057 ) (366,799 )
3,001,026 3,166,163

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

L & B Stimler Limited (Registered number: 02877199)

Balance Sheet - continued
31 March 2025


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 17 June 2025 and were signed on its behalf by:




M E Stimler - Director



Mrs T S Davis - Director


L & B Stimler Limited (Registered number: 02877199)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

L & B Stimler 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.

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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery etc - 25% on cost and 15% on reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 4 (2024 - 4 ) .

L & B Stimler Limited (Registered number: 02877199)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant &
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 April 2024 4,703,987 78,520 4,782,507
Additions - 440 440
Revaluations 88,121 - 88,121
At 31 March 2025 4,792,108 78,960 4,871,068
DEPRECIATION
At 1 April 2024 158,400 67,127 225,527
Charge for year 7,200 2,399 9,599
At 31 March 2025 165,600 69,526 235,126
NET BOOK VALUE
At 31 March 2025 4,626,508 9,434 4,635,942
At 31 March 2024 4,545,587 11,393 4,556,980

Cost or valuation at 31 March 2025 is represented by:

Plant &
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2014 2,961,579 - 2,961,579
Valuation in 2015 341,501 - 341,501
Valuation in 2017 251,888 - 251,888
Valuation in 2019 (362,528 ) - (362,528 )
Valuation in 2020 (92,708 ) - (92,708 )
Valuation in 2021 568,289 - 568,289
Valuation in 2022 552,738 - 552,738
Valuation in 2023 77,788 - 77,788
Valuation in 2024 405,440 - 405,440
Valuation in 2025 88,121 - 88,121
Cost - 78,960 78,960
4,792,108 78,960 4,871,068

If the Freehold Property had not been revalued they would have been included at the following historical cost:

2025 2024
£    £   
Cost 253,421 253,421

Value of land in freehold land and buildings 26,100 26,100

Freehold Property was valued on an open market basis on 31 March 2025 by the Directors and the Bank. .

L & B Stimler Limited (Registered number: 02877199)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 3,121 1,523
Other debtors 22,000 7,050
25,121 8,573

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 1,539 1,710
Other creditors 21,222 20,414
22,761 22,124

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 767,852 767,852

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 767,852 767,852

8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 1,158,973 865,815

Deferred
tax
£   
Balance at 1 April 2024 865,815
Provided during year 293,158
Balance at 31 March 2025 1,158,973

9. RESERVES
Fair
value
reserve
£   
At 1 April 2024 3,507,109
Property revaluation reserves 88,121

At 31 March 2025 3,595,230

L & B Stimler Limited (Registered number: 02877199)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

10. ULTIMATE CONTROLLING PARTY

The controlling party is M E Stimler.