REGISTERED NUMBER: 09750362 (England and Wales)

Financial Statements for the Year Ended 30 September 2024

for

Stratford Union Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L P Warwood

C C Carrington

REGISTERED OFFICE:

42 Pitt Street

Barnsley

South Yorkshire

S70 1BB

REGISTERED NUMBER:

09750362 (England and Wales)

ACCOUNTANTS:

Paul Howley & Co Ltd

Chartered Certified Accountants

42 Pitt Street

Barnsley

South Yorkshire

S70 1BB

FIXED ASSETS

Tangible assets

3

42,264

27,352

CURRENT ASSETS

Stocks

8,773

9,367

Debtors

4

132,515

74,618

Cash at bank and in hand

76,780

83,026

218,068

167,011

CREDITORS

Amounts falling due within one year

5

139,473

122,288

NET CURRENT ASSETS

78,595

44,723

TOTAL ASSETS LESS CURRENT LIABILITIES

120,859

72,075

CREDITORS

Amounts falling due after more than one year

6

(25,927

)

(31,483

)

PROVISIONS FOR LIABILITIES

(8,097

)

(3,827

)

NET ASSETS

86,835

36,765

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

86,735

36,665

86,835

36,765

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 25 September 2025 and were signed on its behalf by:

L P Warwood - Director

C C Carrington - Director

1.	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 etc

-

25% on reducing balance, 20% on reducing balance and 20% on cost

Stocks

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

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.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 14 ) .

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2023

98,427

Additions

23,026

At 30 September 2024

121,453

DEPRECIATION

At 1 October 2023

71,075

Charge for year

8,114

At 30 September 2024

79,189

NET BOOK VALUE

At 30 September 2024

42,264

At 30 September 2023

27,352

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Other debtors

132,515

74,618

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans and overdrafts

5,556

5,556

Trade creditors

51,482

63,171

Taxation and social security

76,335

48,495

Other creditors

6,100

5,066

139,473

122,288

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans

25,927

31,483

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

3,704

9,260

7.	OTHER FINANCIAL COMMITMENTS

The company has operating lease commitments totalling £80,000 (2023: £120,000) expiring October 2026.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24

30.9.23

£

£

L P Warwood and C C Carrington

Balance outstanding at start of year

56,641

58,756

Amounts advanced

122,478

69,885

Amounts repaid

(90,000

)

(72,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

89,119

56,641

All advances to directors are unsecured and repayable on demand. Where the total advanced exceeds £10,000, interest is charged at the applicable rate.