REGISTERED NUMBER: 08551715 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Alan Sutton Publishing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A J Sutton

Mr G P Kalchev

Ms K E J Sutton

REGISTERED OFFICE:

Oakley House

Tetbury Road

Cirencester

Glos

GL7 1US

REGISTERED NUMBER:

08551715 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,727

2,751

1,727

2,751

CURRENT ASSETS

Stocks

411,952

594,505

Debtors

6

188,433

176,719

Cash at bank

6,648

28,357

607,033

799,581

CREDITORS

Amounts falling due within one year

7

323,491

356,544

NET CURRENT ASSETS

283,542

443,037

TOTAL ASSETS LESS CURRENT LIABILITIES

285,269

445,788

CREDITORS

Amounts falling due after more than one year

8

(197,284

)

(241,165

)

PROVISIONS FOR LIABILITIES

(256

)

(688

)

NET ASSETS

87,729

203,935

CAPITAL AND RESERVES

Called up share capital

200,693

200,693

Capital redemption reserve

137

137

Retained earnings

(113,101

)

3,105

87,729

203,935

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

Mr A J Sutton - Director

Mr G P Kalchev - Director

Ms K E J Sutton - Director

1.	STATUTORY INFORMATION

Alan Sutton Publishing 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

Tangible fixed assets

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

Fixtures and fittings

-

25% on straight line basis

Computer equipment

-

Straight line at 33.33%

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 6 (2023 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

102,000

AMORTISATION

At 1 January 2024

and 31 December 2024

102,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

1,838

10,251

12,089

Additions

2,184

-

2,184

At 31 December 2024

4,022

10,251

14,273

DEPRECIATION

At 1 January 2024

1,662

7,676

9,338

Charge for year

633

2,575

3,208

At 31 December 2024

2,295

10,251

12,546

NET BOOK VALUE

At 31 December 2024

1,727

-

1,727

At 31 December 2023

176

2,575

2,751

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

151,644

172,966

Other debtors

27,091

-

Tax

431

-

VAT

9,267

3,753

188,433

176,719

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

96,676

94,937

Trade creditors

116,145

126,497

Tax

-

2,208

Social security and other taxes

21,217

9,630

Other creditors

35,747

35,856

Directors' current accounts

49,116

82,195

Accruals and deferred income

4,590

5,221

323,491

356,544

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

120,261

164,250

Other creditors

77,023

76,915

197,284

241,165

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 A J Sutton

Balance outstanding at start of year

(55,740

)

(28,318

)

Amounts advanced

157,922

-

Amounts repaid

(116,816

)

(27,422

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(14,634

)

(55,740

)

Mr G P Kalchev

Balance outstanding at start of year

(20

)

(491

)

Amounts advanced

8,254

471

Amounts repaid

(8,234

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(20

)

Ms K E J Sutton

Balance outstanding at start of year

(26,435

)

(1

)

Amounts repaid

(8,047

)

(26,434

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(34,482

)

(26,435

)