REGISTERED NUMBER: 04969841 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

STAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S J Slater

Mr L Slater

REGISTERED OFFICE:

Unit 47 Coney Green Business Centre

Clay Cross

Chesterfield

Derbyshire

S45 9JW

REGISTERED NUMBER:

04969841 (England and Wales)

ACCOUNTANTS:

Anderson & Co

18 Diamond Avenue

Kirkby in Ashfield

Nottinghamshire

NG17 7GR

FIXED ASSETS

Tangible assets

4

166,454

95,614

CURRENT ASSETS

Stocks

36,636

21,205

Debtors

5

122,506

143,560

Cash at bank

144,627

238,834

303,769

403,599

CREDITORS

Amounts falling due within one year

6

88,023

76,438

NET CURRENT ASSETS

215,746

327,161

TOTAL ASSETS LESS CURRENT LIABILITIES

382,200

422,775

CREDITORS

Amounts falling due after more than one year

7

(143,896

)

(185,730

)

PROVISIONS FOR LIABILITIES

(30,484

)

(14,430

)

NET ASSETS

207,820

222,615

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

207,720

222,515

SHAREHOLDERS' FUNDS

207,820

222,615

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.

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 17 September 2025 and were signed on its behalf by:

Mr S J Slater - Director

1.	STATUTORY INFORMATION

Stal Limited is a private company, limited by shares , registered in England and Wales. 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.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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 year 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

392,303

11,500

12,173

415,976

Additions

85,072

50,055

-

135,127

Disposals

(101,000

)

(2,500

)

-

(103,500

)

At 31 December 2024

376,375

59,055

12,173

447,603

DEPRECIATION

At 1 January 2024

304,182

8,359

7,821

320,362

Charge for year

41,451

12,949

1,090

55,490

Eliminated on disposal

(93,609

)

(1,094

)

-

(94,703

)

At 31 December 2024

252,024

20,214

8,911

281,149

NET BOOK VALUE

At 31 December 2024

124,351

38,841

3,262

166,454

At 31 December 2023

88,121

3,141

4,352

95,614

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

65,808

65,364

Amounts owed by associates

-

14,924

Other debtors

1,291

1,291

Directors' current accounts

40,947

51,835

Prepayments

14,460

10,146

122,506

143,560

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

41,835

38,846

Trade creditors

11,180

8,758

Corporation tax

-

1,081

PAYE and national insurance

3,588

3,508

VAT

24,112

19,567

Pension creditor

550

550

Accrued expenses

6,758

4,128

88,023

76,438

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 1-2 years

39,300

41,835

Bank loans - 2-5 years

104,596

120,865

Bank loans more 5 yr by instal

-

23,030

143,896

185,730

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

23,030