Company Registration No. 12954137 (England and Wales)
Stuart Taylor International Ltd
Unaudited accounts
for the year ended 31 December 2024
Stuart Taylor International Ltd
Unaudited accounts
Contents
Stuart Taylor International Ltd
Company Information
for the year ended 31 December 2024
Directors
JM Taylor
TE Taylor
Company Number
12954137 (England and Wales)
Registered Office
Lane Ends Cottage
Nightfield Lane, Balderstone
Blackburn
Lancashire
BB2 7LJ
ENGLAND
Accountants
Pearson & Associates
Suite E, Canal Wharf
Eshton Road
Gargrave, Skipton
North Yorkshire
BD23 3SE
Stuart Taylor International Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
1,081,210
902,416
Inventories
1,440,131
1,482,501
Cash at bank and in hand
62,566
128,731
Creditors: amounts falling due within one year
(728,797)
(601,756)
Net current assets
1,223,652
1,337,172
Total assets less current liabilities
2,304,862
2,239,588
Creditors: amounts falling due after more than one year
(559,827)
(677,013)
Provisions for liabilities
Deferred tax
(167,773)
(129,095)
Net assets
1,577,262
1,433,480
Called up share capital
1
1
Share premium
848,778
848,778
Profit and loss account
728,483
584,701
Shareholders' funds
1,577,262
1,433,480
For the year ending 31 December 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by
TE Taylor
Director
Company Registration No. 12954137
Stuart Taylor International Ltd
Notes to the Accounts
for the year ended 31 December 2024
Stuart Taylor International Ltd is a private company, limited by shares, registered in England and Wales, registration number 12954137. The registered office is Lane Ends Cottage, Nightfield Lane, Balderstone, Blackburn, Lancashire, BB2 7LJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% on cost
Plant & machinery
15% on cost
Motor vehicles
25% reducing balance
Fixtures & fittings
25% on cost
Stuart Taylor International Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
247,753
693,958
240,100
3,046
1,184,857
Additions
-
325,225
52,300
14,700
392,225
At 31 December 2024
247,753
1,019,183
292,400
17,746
1,577,082
At 1 January 2024
24,775
141,209
114,468
1,989
282,441
Charge for the year
24,775
152,879
31,408
4,369
213,431
At 31 December 2024
49,550
294,088
145,876
6,358
495,872
At 31 December 2024
198,203
725,095
146,524
11,388
1,081,210
At 31 December 2023
222,978
552,749
125,632
1,057
902,416
Amounts falling due within one year
Trade debtors
449,752
327,696
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
701,722
503,761
Taxes and social security
18,584
92,791
Other creditors
8,491
5,204
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
144,699
248,709
Obligations under finance leases and hire purchase contracts
202,167
142,014
Loans from directors
212,961
152,267
8
Average number of employees
During the year the average number of employees was 14 (2023: 14).