REGISTERED NUMBER: 08285003 (England and Wales)

STOBBS & CO LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J A Hollingsworth

REGISTERED OFFICE:

Coppice House

Halesfield 7

Telford

Shropshire

TF7 4NA

REGISTERED NUMBER:

08285003 (England and Wales)

ACCOUNTANTS:

Hollingsworth & Co Ltd

Coppice House

Halesfield 7

Telford

Shropshire

TF7 4NA

FIXED ASSETS

Intangible assets

4

130,000

130,000

CURRENT ASSETS

Work in progress

24,432

22,898

Debtors

5

44,702

26,352

Cash at bank

15,753

13,978

84,887

63,228

CREDITORS

Amounts falling due within one year

6

88,974

85,738

NET CURRENT LIABILITIES

(4,087

)

(22,510

)

TOTAL ASSETS LESS CURRENT LIABILITIES

125,913

107,490

CREDITORS

Amounts falling due after more than one year

7

5,511

13,764

NET ASSETS

120,402

93,726

CAPITAL AND RESERVES

Called up share capital

8

100

100

Revaluation reserve

9

93,000

93,000

Retained earnings

9

27,302

626

SHAREHOLDERS' FUNDS

120,402

93,726

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 31st January 2025 and were signed by:

J A Hollingsworth - Director

1.	STATUTORY INFORMATION

Stobbs & Co 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 represents net invoiced sales of services , excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Work in progress

Work in progress is valued at the lower of cost and net realisable value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st January 2024

and 31st December 2024

130,000

NET BOOK VALUE

At 31st December 2024

130,000

At 31st December 2023

130,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

44,702

26,352

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

8,122

8,677

LDF loan

7,864

7,017

Trade creditors

255

8,444

Corporation tax

58,874

43,428

VAT

13,448

11,990

Amount due to Hollingsworth &

Co Limited

411

6,182

88,974

85,738

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loan

5,511

13,764

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Revaluat-

Retained

ion

earnings

reserve

Totals

£

£

£

At 1st January 2024

626

93,000

93,626

Profit for the year

85,976

85,976

Dividends

(59,300

)

(59,300

)

At 31st December 2024

27,302

93,000

120,302