REGISTERED NUMBER: 12224266 (England and Wales)

STEVENS ASSOCIATES LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms L Stevens

REGISTERED OFFICE:

Merrimead

Constable Road

Ilkley

West Yorkshire

LS29 8RW

REGISTERED NUMBER:

12224266 (England and Wales)

ACCOUNTANTS:

SMH Sheards

Vernon House

40 New North Road

Huddersfield

West Yorkshire

HD1 5LS

FIXED ASSETS

Tangible assets

4

4,598

586

CURRENT ASSETS

Debtors

5

466

471

Cash at bank

7,195

27,733

7,661

28,204

CREDITORS

Amounts falling due within one year

6

(10,788

)

(18,873

)

NET CURRENT (LIABILITIES)/ASSETS

(3,127

)

9,331

TOTAL ASSETS LESS CURRENT LIABILITIES

1,471

9,917

PROVISIONS FOR LIABILITIES

7

(920

)

(118

)

NET ASSETS

551

9,799

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

550

9,798

SHAREHOLDERS' FUNDS

551

9,799

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 September 2025 and were signed by:

Ms L Stevens - Director

1.	STATUTORY INFORMATION

Stevens Associates 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 comprises the invoiced value of services, net of value added tax, recognised at the end of the month in which the service was performed.

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors, and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event accruing after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including trade and other creditors, and accruals, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

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.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

874

Additions

4,754

At 31 March 2025

5,628

DEPRECIATION

At 1 April 2024

288

Charge for year

742

At 31 March 2025

1,030

NET BOOK VALUE

At 31 March 2025

4,598

At 31 March 2024

586

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

466

471

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

4,154

-

Taxation and social security

5,053

12,061

Other creditors

1,581

6,812

10,788

18,873

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

920

118

Deferred

tax

£

Balance at 1 April 2024

118

Charge to Income Statement during year

802

Balance at 31 March 2025

920

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Ms L Stevens

Balance outstanding at start of year

5,290

(13,799

)

Amounts advanced

53,445

87,750

Amounts repaid

(58,690

)

(68,661

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

45

5,290

9.	RELATED PARTY DISCLOSURES

As at 31st March 2025 £45 (2024 £5,290) was owed to the director by way of a director's loan account.