REGISTERED NUMBER: 15352873 (England and Wales)

Unaudited Financial Statements

for the period

15 December 2023 to 31 December 2024

for

S.t.a.l.l.s. Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs S Buckley

REGISTERED OFFICE:

17 Alanbrooke Road

Larkhill

Salisbury

Wiltshire

SP4 8PG

REGISTERED NUMBER:

15352873 (England and Wales)

ACCOUNTANTS:

Banks Sheridan

Datum House

Electra Way

Crewe

Cheshire

CW1 6ZF

FIXED ASSETS

Tangible assets

5

2,131

CURRENT ASSETS

Debtors

6

13,157

Cash at bank

11,828

24,985

CREDITORS

Amounts falling due within one year

7

(26,147

)

NET CURRENT LIABILITIES

(1,162

)

TOTAL ASSETS LESS CURRENT LIABILITIES

969

PROVISIONS FOR LIABILITIES

8

(533

)

NET ASSETS

436

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

336

436

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 September 2025 and were signed by:

Mrs S Buckley - Director

1.	STATUTORY INFORMATION

S.t.a.l.l.s. Limited ('The Company') provides equine therapy services for children.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business is Tokes Farm, Tokes Lane, Semley, Dorset SP7 9BP and address of the registered office is 17 Alanbrooke Road, Larkhill, Wiltshire, United Kingdom, SP4 8PG. The registered number can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation

The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern

No material uncertainties that may cast doubt about the ability of the company to continue as a going concern have been identified by the director.

Not withstanding any uncertainties, including the net current liability position shown in the balance sheet, the director considers it appropriate to prepare the financial statements on the going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income is recognised when goods and services have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance, 10% on cost and 5% on cost

Computer equipment

-

33.33% on cost

Taxation

Taxation for the period 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 end of the financial period.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the end of the financial period.

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 period 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.

Impairment of assets

Assets not measured at fair value are reviewed for any indications that the asset may be impaired at each statement of financial position date. If such indications exists the recoverable amount of the asset or the assets cash generating unit is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Any losses arising from impairment are recognised in the Statement of Comprehensive Income under the appropriate heading.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

Additions

2,210

108

2,318

At 31 December 2024

2,210

108

2,318

DEPRECIATION

Charge for period

178

9

187

At 31 December 2024

178

9

187

NET BOOK VALUE

At 31 December 2024

2,032

99

2,131

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

1,620

Other debtors

11,537

13,157

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

6,288

Other creditors

19,859

26,147

Amounts due to related parties are unsecured, interest free and repayable on demand.

8.	PROVISIONS FOR LIABILITIES

£

Deferred tax

533

Deferred

tax

£

Charge to Income Statement during period

533

Balance at 31 December 2024

533

9.	CALLED UP SHARE CAPITAL

100 Ordinary share of £1 was issued during the period at par.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2024:

£

Mrs S Buckley

Balance outstanding at start of period

-

Amounts advanced

11,428

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

11,428

During the period interest receivable of £42 has been charged in respect of the director's loan.

At 31 December 2024 an amount of £11,428 is owed from the director and this is included within other debtors: amounts falling due within one year.

The above loan was cleared during the year ending 31 December 2025.

11.	RELATED PARTY DISCLOSURES

Transactions with related parties during the period and balances outstanding at the end of the reporting period were as follows:

Related parties:

2024

£

Amounts due from entities

18,659