ST.ANTONY'S LTD - Filleted accounts

Registered number

08264764

ST.ANTONY'S LTD

Filleted Accounts

31 December 2024

ST.ANTONY'S LTD
Registered number:		08264764
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	4		21,324			21,076

Current assets
Stocks		500			500
Debtors	5	181,682			174,123
Cash at bank and in hand		19,451			6,295
		201,633			180,918

Creditors: amounts falling due within one year	6	(71,963)			(79,864)

Net current assets			129,670			101,054

Total assets less current liabilities			150,994			122,130

Creditors: amounts falling due after more than one year	7		(64,960)			(40,996)



Net assets			86,034			81,134

Capital and reserves
Called up share capital			52,100			52,100
Profit and loss account			33,934			29,034

Shareholders' funds			86,034			81,134

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



Sindhu E C Lawerance
Director
Approved by the board on 26 September 2025

ST.ANTONY'S LTD
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			Straight line basis over the lease term
	Plant and machinery			10% on a reducing balance
	Motor Vehicles			25% on a reducing balance
	Fixtures, fittings, tools and equipment			10% on a reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees					2024		2023
Number							Number

	Average number of persons employed by the company					15		15


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 January 2024							45,000
	At 31 December 2024							45,000

	Amortisation
	At 1 January 2024							45,000
	At 31 December 2024							45,000

	Net book value
	At 31 December 2024							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2024	2,957		43,657		2,000		48,614
	Additions	-		2,944		-		2,944
	At 31 December 2024	2,957		46,601		2,000		51,558

	Depreciation
	At 1 January 2024	2,957		22,581		2,000		27,538
	Charge for the year	-		2,696		-		2,696
	At 31 December 2024	2,957		25,277		2,000		30,234

	Net book value
	At 31 December 2024	-		21,324		-		21,324
	At 31 December 2023	-		21,076		-		21,076


5	Debtors					2024		2023
£							£

	Directors loan account					100,763		100,776
	Other debtors					80,919		73,347
						181,682		174,123


6	Creditors: amounts falling due within one year					2024		2023
£							£

	Trade creditors					510		510
	Taxation and social security costs					47,814		54,892
	Other creditors					23,639		24,462
						71,963		79,864


7	Creditors: amounts falling due after one year					2024		2023
£							£

	Bank loans					64,960		40,996


8	Related party transactions

	Directors' loan accounts Included in debtors are directors' loan accounts of £100,763 (2023: £100,776) which are unsecured, repayable on demand. Interest is charged at the HMRC official rates.

9	Ultimate Controlling Party
	The company is under the control of Mrs Sindhu Lawerance, director and shareholder of the company.