S.T.STEAD LTD

Company Registration Number:
04580898 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

S.T.STEAD LTD

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Notes

S.T.STEAD LTD

Balance sheet

As at 30 November 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 189,957 163,033
Investments: 4 2 2
Total fixed assets: 189,959 163,035
Current assets
Stocks: 122,616 96,097
Debtors:   2,323,367 2,103,815
Cash at bank and in hand: 535,942 1,009,862
Total current assets: 2,981,925 3,209,774
Creditors: amounts falling due within one year: 5 (343,162) (302,304)
Net current assets (liabilities): 2,638,763 2,907,470
Total assets less current liabilities: 2,828,722 3,070,505
Creditors: amounts falling due after more than one year: 6 (49,824) (33,250)
Total net assets (liabilities): 2,778,898 3,037,255
Capital and reserves
Called up share capital: 900 900
Profit and loss account: 2,777,998 3,036,355
Shareholders funds: 2,778,898 3,037,255

The notes form part of these financial statements

S.T.STEAD LTD

Balance sheet statements

For the year ending 30 November 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 August 2025
and signed on behalf of the board by:

Name: Mr D R Stead
Status: Director

The notes form part of these financial statements

S.T.STEAD LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Motor Vehicles – 20% on wdv Plant & Equipment – 15% on wdv Fixtures & Fittings – 15% on wdv If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

S.T.STEAD LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

2. Employees

2024 2023
Average number of employees during the period 13 16

S.T.STEAD LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible Assets

Total
Cost £
At 01 December 2023 807,720
Additions 62,769
At 30 November 2024 870,489
Depreciation
At 01 December 2023 644,687
Charge for year 35,845
At 30 November 2024 680,532
Net book value
At 30 November 2024 189,957
At 30 November 2023 163,033

S.T.STEAD LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Fixed investments

Other Investments other than loans At 1st December 2023 and 30th November 2024 £2

S.T.STEAD LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due within one year note

Bank Loans and Overdrafts £12991 Trade Creditors £22039 Corporation Tax £185260 Social Security and other Taxes £72251 Other Creditors £50621 TOTAL £343162

S.T.STEAD LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

6. Creditors: amounts falling due after more than one year note

Bank Loans and Overdrafts £24610