S & T ENTERPRISES LIMITED

Company Registration Number:
07028101 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

S & T ENTERPRISES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

S & T ENTERPRISES LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Intangible assets: 3 45,332 50,865
Tangible assets: 4 1,090,350 780,742
Investments: 5 70,238 78,042
Total fixed assets: 1,205,920 909,649
Current assets
Stocks: 522,731 524,605
Debtors:   819,449 332,946
Cash at bank and in hand: 356,926 266,632
Total current assets: 1,699,106 1,124,183
Creditors: amounts falling due within one year: 6 (1,210,977) (981,190)
Net current assets (liabilities): 488,129 142,993
Total assets less current liabilities: 1,694,049 1,052,642
Creditors: amounts falling due after more than one year:   (945,650) (464,334)
Total net assets (liabilities): 748,399 588,308
Capital and reserves
Called up share capital: 5,000 5,000
Profit and loss account: 743,399 583,308
Shareholders funds: 748,399 588,308

The notes form part of these financial statements

S & T ENTERPRISES LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 September 2025
and signed on behalf of the board by:

Name: Olusegun Shadrack AKANDE
Status: Director

The notes form part of these financial statements

S & T ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

S & T ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 48 48

S & T ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 84,774
Additions 9,583
At 31 December 2024 94,357
Amortisation
At 01 January 2024 33,909
Charge for year 15,116
At 31 December 2024 49,025
Net book value
At 31 December 2024 45,332
At 31 December 2023 50,865

S & T ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 792,600
Additions 339,981
At 31 December 2024 1,132,581
Depreciation
At 01 January 2024 11,858
Charge for year 30,373
At 31 December 2024 42,231
Net book value
At 31 December 2024 1,090,350
At 31 December 2023 780,742

S & T ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Fixed investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

S & T ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due within one year note

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.