Registered number
15494950
S & T Insulation Services Limited
Filleted Accounts
31 March 2025
S & T Insulation Services Limited
Registered number: 15494950
Balance Sheet
as at 31 March 2025
Notes 2025
£
Fixed assets
Tangible assets 3 8,793
Current assets
Debtors 4 22,860
Cash at bank and in hand 5,374
28,234
Creditors: amounts falling due within one year 5 (35,637)
Net current liabilities (7,403)
Total assets less current liabilities 1,390
Provisions for liabilities (1,671)
Net liabilities (281)
Capital and reserves
Called up share capital 100
Profit and loss account (381)
Shareholders' funds (281)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S Williams
Director
Approved by the board on 25 June 2025
S & T Insulation Services Limited
Notes to the Accounts
for the period from 16 February 2024 to 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor Vehicles 20% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2025
Number
Average number of persons employed by the company 1
3 Tangible fixed assets
Motor vehicles
£
Cost
Additions 10,991
At 31 March 2025 10,991
Depreciation
Charge for the period 2,198
At 31 March 2025 2,198
Net book value
At 31 March 2025 8,793
4 Debtors 2025
£
Trade debtors 5,944
Other debtors 16,916
22,860
5 Creditors: amounts falling due within one year 2025
£
Taxation and social security costs 10,320
Other creditors 25,317
35,637
6 Related party transactions 2025
£
Directors loan account
The director is a related party to the company. At 31st March, the company owed the director the following short term, interest free, unsecured loan which is repayable upon demand:
Amount due to / (from) the director 5,849
7 Controlling party
The director is the ultimate controlling party by virtue of his majority hold in issued shares.
8 Other information
S & T Insulation Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
89 Chorley Road
Swinton
Manchester
M27 4AA
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