H.F. Stiles And Son Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01996358 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

H.F. Stiles And Son Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K A Stiles

D J Stiles

REGISTERED OFFICE:

Sloperton Farm

144 Westbrook

Bromham

Chippenham

Wiltshire

SN15 2ED

REGISTERED NUMBER:

01996358 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Tangible assets

4

1,752,349

1,710,326

CURRENT ASSETS

Stocks

81,143

56,078

Debtors

5

727,232

885,766

Cash at bank and in hand

361,141

277,713

1,169,516

1,219,557

CREDITORS

Amounts falling due within one year

6

138,712

211,058

NET CURRENT ASSETS

1,030,804

1,008,499

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,783,153

2,718,825

PROVISIONS FOR LIABILITIES

124,495

108,482

NET ASSETS

2,658,658

2,610,343

CAPITAL AND RESERVES

Called up share capital

988,118

Share premium

196,132

Revaluation reserve

7

187,516

Retained earnings

1,286,892

1,238,577

SHAREHOLDERS' FUNDS

2,658,658

2,610,343

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 24 September 2025 and were signed on its behalf by:

Mrs K A Stiles - Director

1.	STATUTORY INFORMATION

H.F. Stiles And Son 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.

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 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.

Land and buildings

-

Not provided

Plant and machinery etc

-

25% on reducing balance, 25% on cost and 15% on reducing balance

Land and buildings - Not provided

Plant and machinery etc - 25% on reducing balance, 20% on reducing balance, 25% on cost and 15% on reducing balance

Stocks

Stock has been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress, cost includes a relevant proportion of overheads according to the stage manufacture or completion.

Pension costs and other post-retirement benefits

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2024 - 37 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2024

1,342,864

1,853,302

3,196,166

Additions

-

197,804

At 31 March 2025

1,342,864

2,051,106

3,393,970

DEPRECIATION

At 1 April 2024

69,400

1,416,440

1,485,840

Charge for year

34,700

121,081

155,781

At 31 March 2025

104,100

1,537,521

1,641,621

NET BOOK VALUE

At 31 March 2025

1,238,764

513,585

1,752,349

At 31 March 2024

1,273,464

436,862

1,710,326

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

573,740

653,011

Other debtors

153,492

232,755

727,232

885,766

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

80,020

135,352

Other creditors

58,692

75,706

138,712

211,058

7.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

187,516