Stableyard Catering Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 11649324 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Stableyard Catering Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

110,157

150,961

CURRENT ASSETS

Stocks

39,701

33,959

Debtors

5

115,142

44,111

Cash at bank and in hand

134,724

74,443

289,567

152,513

CREDITORS

Amounts falling due within one year

6

516,857

341,378

NET CURRENT LIABILITIES

(227,290

)

(188,865

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(117,133

)

(37,904

)

CREDITORS

Amounts falling due after more than one year

7

62,287

130,843

NET LIABILITIES

(179,420

)

(168,747

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(179,520

)

(168,847

)

SHAREHOLDERS' FUNDS

(179,420

)

(168,747

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2025 and were signed on its behalf by:

Miss S L Heath - Director

1.	STATUTORY INFORMATION

Stableyard Catering Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11649324

Registered office:

Heaton House Farm

Heaton

Rushton Spencer

Macclesfield

Cheshire

SK11 0RD

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.

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, being the 12 month period from the date of these accounts being approved, the directors support the business and therefore the financial statements have been prepared on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

20% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

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 Profit & Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 65 (2023 - 63 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

COST

At 1 January 2024

35,822

172,257

61,036

24,263

293,378

Additions

-

586

11,086

1,734

13,406

At 31 December 2024

35,822

172,843

72,122

25,997

306,784

DEPRECIATION

At 1 January 2024

14,329

79,907

34,122

14,059

142,417

Charge for year

7,164

27,917

12,822

6,307

54,210

At 31 December 2024

21,493

107,824

46,944

20,366

196,627

NET BOOK VALUE

At 31 December 2024

14,329

65,019

25,178

5,631

110,157

At 31 December 2023

21,493

92,350

26,914

10,204

150,961

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

36,073

36,423

Amounts owed by group undertakings

267

-

Other debtors

78,802

7,688

115,142

44,111

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade creditors

55,945

40,599

Taxation and social security

125,206

83,270

Other creditors

335,706

217,509

516,857

341,378

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

Other creditors

62,287

130,843

8.	OTHER FINANCIAL COMMITMENTS

Financial commitments, not shown in the balance sheet, amount to £77,500 (2023: £107,500). These financial commitments represent the total amount of remaining payments on a lease ending July 2027.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

Mr M Heath and Mrs M Heath

Balance outstanding at start of year

-

Amounts advanced

336,202

-

Amounts repaid

(265,782

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

70,420

-

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mimas Estates Ltd.