Company registration number 01441775 (England and Wales)
STUART FYFE SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
STUART FYFE SERVICES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
STUART FYFE SERVICES LIMITED
BALANCE SHEET
AS AT
31 MAY 2025
31 May 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
3,010
167,790
Investments
4
10,481
15,001
13,491
182,791
Current assets
Cash at bank and in hand
55,299
68,199
Creditors: amounts falling due within one year
5
(30,293)
(200,472)
Net current assets/(liabilities)
25,006
(132,273)
Net assets
38,497
50,518
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
38,397
50,418
Total equity
38,497
50,518

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 7 July 2025 and are signed on its behalf by:
Mrs A Slack
Director
Company registration number 01441775 (England and Wales)
STUART FYFE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
- 2 -
1
Accounting policies
Company information

Stuart Fyfe Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is 150 Fawcett Road, Southsea, Hampshire, United Kingdom, PO4 0DW.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

 

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
25% on cost
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

STUART FYFE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 3 -

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 June 2024
345,722
Disposals
(335,292)
At 31 May 2025
10,430
Depreciation and impairment
At 1 June 2024
177,932
Eliminated in respect of disposals
(170,512)
At 31 May 2025
7,420
Carrying amount
At 31 May 2025
3,010
At 31 May 2024
167,790
STUART FYFE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 4 -
4
Fixed asset investments
2025
2024
£
£
Other investments other than loans
10,481
15,001
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 June 2024
15,001
Disposals
(4,520)
At 31 May 2025
10,481
Carrying amount
At 31 May 2025
10,481
At 31 May 2024
15,001
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxation and social security
28,793
(28)
Other creditors
1,500
200,500
30,293
200,472
2025-05-312024-06-01falsefalsefalse10 July 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityMr M D SlackMrs A Slack014417752024-06-012025-05-31014417752025-05-31014417752024-05-3101441775core:OtherPropertyPlantEquipment2025-05-3101441775core:OtherPropertyPlantEquipment2024-05-3101441775core:ShareCapital2025-05-3101441775core:ShareCapital2024-05-3101441775core:RetainedEarningsAccumulatedLosses2025-05-3101441775core:RetainedEarningsAccumulatedLosses2024-05-3101441775bus:Director22024-06-012025-05-3101441775core:ComputerEquipment2024-06-012025-05-3101441775core:MotorVehicles2024-06-012025-05-31014417752023-06-012024-05-3101441775core:OtherPropertyPlantEquipment2024-05-3101441775core:OtherPropertyPlantEquipment2024-06-012025-05-3101441775core:CurrentFinancialInstruments2025-05-3101441775core:CurrentFinancialInstruments2024-05-3101441775bus:PrivateLimitedCompanyLtd2024-06-012025-05-3101441775bus:SmallCompaniesRegimeForAccounts2024-06-012025-05-3101441775bus:FRS1022024-06-012025-05-3101441775bus:AuditExemptWithAccountantsReport2024-06-012025-05-3101441775bus:Director12024-06-012025-05-3101441775bus:FullAccounts2024-06-012025-05-31xbrli:purexbrli:sharesiso4217:GBP