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REGISTERED NUMBER: SC240410 (Scotland)















R Stanger Limited

Financial Statements For The Year Ended 31 December 2024






R Stanger Limited (Registered number: SC240410)






Contents of the Financial Statements
For The Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R Stanger Limited

Company Information
For The Year Ended 31 December 2024







DIRECTORS: G Stanger
Mrs J C Stanger



SECRETARY: Mrs J C Stanger



REGISTERED OFFICE: Brin Novan
Evie
Orkney
KW17 2NJ



REGISTERED NUMBER: SC240410 (Scotland)



ACCOUNTANTS: The Long Partnership
Chartered Accountants
Chartered Tax Advisers
1 Castle Street
Kirkwall
Orkney
KW15 1HD



BANKERS: The Royal Bank of Scotland
1 Victoria Street
Kirkwall
Orkney
KW15 1DP

R Stanger Limited (Registered number: SC240410)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 141,640 473,897
141,640 473,897

CURRENT ASSETS
Stocks 139,799 41,410
Debtors 6 84,199 52,327
Cash at bank 230,812 9,514
454,810 103,251
CREDITORS
Amounts falling due within one year 7 110,924 134,270
NET CURRENT ASSETS/(LIABILITIES) 343,886 (31,019 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

485,526

442,878

CREDITORS
Amounts falling due after more than one
year

8

(15,061

)

(15,829

)

PROVISIONS FOR LIABILITIES (41,331 ) (41,331 )
NET ASSETS 429,134 385,718

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 429,034 385,618
SHAREHOLDERS' FUNDS 429,134 385,718

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.

R Stanger Limited (Registered number: SC240410)

Balance Sheet - 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 5 August 2025 and were signed on its behalf by:





G Stanger - Director


R Stanger Limited (Registered number: SC240410)

Notes to the Financial Statements
For The Year Ended 31 December 2024

1. STATUTORY INFORMATION

R Stanger Limited is a private company, limited by shares , registered in Scotland. 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.

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 2003, is being amortised evenly over its estimated useful life of ten 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Equipment - 25% on reducing balance

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

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 9 (2023 - 10 ) .

R Stanger Limited (Registered number: SC240410)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 60,000
AMORTISATION
At 1 January 2024
and 31 December 2024 60,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Land and
buildings Equipment Totals
£    £    £   
COST
At 1 January 2024 314,304 681,543 995,847
Additions - 30,944 30,944
Disposals (314,304 ) (36,325 ) (350,629 )
At 31 December 2024 - 676,162 676,162
DEPRECIATION
At 1 January 2024 - 521,950 521,950
Charge for year - 45,606 45,606
Eliminated on disposal - (33,034 ) (33,034 )
At 31 December 2024 - 534,522 534,522
NET BOOK VALUE
At 31 December 2024 - 141,640 141,640
At 31 December 2023 314,304 159,593 473,897

R Stanger Limited (Registered number: SC240410)

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

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Equipment
£   
COST
At 1 January 2024 211,568
Additions 29,179
Transfer to ownership (208,805 )
At 31 December 2024 31,942
DEPRECIATION
At 1 January 2024 133,675
Charge for year 5,956
Transfer to ownership (132,392 )
At 31 December 2024 7,239
NET BOOK VALUE
At 31 December 2024 24,703
At 31 December 2023 77,893

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 47,778 22,640
Uncompleted contracts 26,996 25,445
Other debtors - 4,242
Prepayments 9,425 -
84,199 52,327

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 10,000 10,000
Other loans - 20,000
Hire purchase contracts 8,429 11,417
Trade creditors 29,384 16,491
Tax 30,702 -
Social security and other taxes 6,930 1,171
VAT 8,207 17,229
Sundry creditors 4,594 3,479
Directors' current accounts 6,047 45,000
Accruals and deferred income 6,631 9,483
110,924 134,270

R Stanger Limited (Registered number: SC240410)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans 4,798 14,931
Hire purchase contracts 10,263 898
15,061 15,829

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Bank loans 14,798 24,931

The bank loan is secured by a bond and floating charge over the assets of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 January 2024 385,618
Profit for the year 44,416
Dividends (1,000 )
At 31 December 2024 429,034

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G & J Stanger.