REGISTERED NUMBER: 12372934 (England and Wales)

REPORT OF THE DIRECTOR AND

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 SEPTEMBER 2024

FOR

STOLLERS LIMITED

Page

Company Information

1

Report of the Director

2

Report of the Independent Auditors

4

Consolidated Income Statement

8

Consolidated Other Comprehensive Income

9

Consolidated Balance Sheet

10

Company Balance Sheet

11

Consolidated Statement of Changes in Equity

12

Company Statement of Changes in Equity

13

Consolidated Cash Flow Statement

14

Notes to the Consolidated Cash Flow Statement

15

Notes to the Consolidated Financial Statements

17

DIRECTOR:

L.D Stoller

REGISTERED OFFICE:

Walney Road

Barrow-In-Furness

Cumbria

LA14 5UN

REGISTERED NUMBER:

12372934 (England and Wales)

AUDITORS:

Momentum Taxation & Accountancy Limited

Statutory Auditor

Harelands Courtyard Offices

Moor Road

Melsonby

Richmond

North Yorkshire

DL10 5NY

The director presents his report with the financial statements of the company and the group for the period 1 September 2023 to 30 September 2024.

DIVIDENDS

Interim dividends per share were paid during the period as follows:

Ordinary £1

-

£48.22

- 6 April 2024

Ordinary B £1

-

£92.04

- 6 April 2024

The total distribution of dividends for the period ended 30 September 2024 will be £ 219,000 .

FUTURE DEVELOPMENTS

The Directors are committed to growth in their industry sector. They continue their development in environmentally friend alternative to help the become carbon neutral but to also drive this growth. The strive for a greener business pushes the Directors to maximize profitability.

DIRECTOR

L.D Stoller held office during the whole of the period from 1 September 2023 to the date of this report.

FINANCIAL INSTRUMENTS

The company manages the liquidity and interest risks associated with the company's activities.

The company has various financial assets and liabilities such as trade debtors, customer deposits and trade creditors arising from its business activities.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing these financial statements, the director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the group's auditors are unaware, and he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

AUDITORS

The auditors, Momentum Taxation & Accountancy Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

L.D Stoller - Director

24 September 2025

Opinion

We have audited the financial statements of Stollers Limited (the 'parent company') and its subsidiaries (the 'group') for the period ended 30 September 2024 which comprise the Consolidated Income Statement, Consolidated Other Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the group's and of the parent company affairs as at 30 September 2024 and of the group's profit for the period then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information in the Report of the Director, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Report of the Director has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Director.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

-	the parent company financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of director's remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of director

As explained more fully in the Statement of Director's Responsibilities set out on page two, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the group's and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the group or the parent company or to cease operations, or has no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

As part of designing our audit, we determined materiality and assessed the risks of material misstatement in the financial statements, including how fraud may occur by enquiring of management of its own consideration of fraud. In particular, we looked at where management made subjective judgements, for example in respect of significant accounting estimates that involved making assumptions and considering future events that are inherently uncertain. We also considered potential financial or other pressures, opportunity and motivations for fraud. As part of this discussion we identified the internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations and how management monitor these processes. Appropriate procedures included the review and testing of manual journals and key estimates and judgements made by management.Our tests included agreeing the financial statements disclosures to underlying supporting documentation and enquiries with management. We did not identify any key audit matters relating to irregularities, including fraud. We also addressed the risk of management override of internal controls including testing journals and evaluation whether there was evidence of bias by the directors that represented a risk of material misstatement due to fraud. Our audit procedures were designed to respond to risks of material misstatement in the financial statements,recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery,misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the more remote that the non-compliances (eg with laws and regulations) are from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Peter Cartwright FCCA (Senior Statutory Auditor)

for and on behalf of Momentum Taxation & Accountancy Limited

Statutory Auditor

Harelands Courtyard Offices

Moor Road

Melsonby

Richmond

North Yorkshire

DL10 5NY

30 September 2025

TURNOVER

6,262,449

6,545,563

Cost of sales

3,615,701

3,543,240

GROSS PROFIT

2,646,748

3,002,323

Distribution costs

1,104,031

1,010,137

Administrative expenses

1,528,691

1,359,591

2,632,722

2,369,728

14,026

632,595

Other operating income

167,882

181,952

OPERATING PROFIT

4

181,908

814,547

Interest receivable and similar income

17,430

9,285

199,338

823,832

Interest payable and similar expenses

5

23

6,228

PROFIT BEFORE TAXATION

199,315

817,604

Tax on profit

6

77,733

198,719

PROFIT FOR THE FINANCIAL PERIOD

121,582

618,885

Profit attributable to:

Owners of the parent

121,582

618,885

PROFIT FOR THE PERIOD

121,582

618,885

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE PERIOD

121,582

618,885

Total comprehensive income attributable to:

Owners of the parent

121,582

618,885

FIXED ASSETS

Intangible assets

9

1,574,131

1,749,035

Tangible assets

10

3,123,074

3,039,574

Investments

11

-

-

4,697,205

4,788,609

CURRENT ASSETS

Stocks

12

899,688

981,477

Debtors

13

316,752

142,611

Cash at bank and in hand

573,016

1,053,273

1,789,456

2,177,361

CREDITORS

Amounts falling due within one year

14

1,118,412

1,425,232

NET CURRENT ASSETS

671,044

752,129

TOTAL ASSETS LESS CURRENT LIABILITIES

5,368,249

5,540,738

PROVISIONS FOR LIABILITIES

15

162,158

155,829

NET ASSETS

5,206,091

5,384,909

CAPITAL AND RESERVES

Called up share capital

16

862,761

944,161

Retained earnings

17

4,343,330

4,440,748

SHAREHOLDERS' FUNDS

5,206,091

5,384,909

The financial statements were approved by the director and authorised for issue on 24 September 2025 and were signed by:

L.D Stoller - Director

FIXED ASSETS

Intangible assets

9

-

-

Tangible assets

10

-

-

Investments

11

1,754,035

1,754,035

1,754,035

1,754,035

CURRENT ASSETS

Debtors

13

1,377,178

1,350,001

CREDITORS

Amounts falling due within one year

14

1,524,577

1,447,000

NET CURRENT LIABILITIES

(147,399

)

(96,999

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,606,636

1,657,036

CAPITAL AND RESERVES

Called up share capital

16

862,761

944,161

Retained earnings

743,875

712,875

SHAREHOLDERS' FUNDS

1,606,636

1,657,036

Company's profit for the financial year

250,000

398,000

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 24 September 2025 and were signed by:

L.D Stoller - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 September 2022

1,306,603

4,023,863

5,330,466

Changes in equity

Redemption of preference

shares

(362,442

)

-

(362,442

)

Dividends

-

(202,000

)

(202,000

)

Total comprehensive income

-

618,885

618,885

Balance at 31 August 2023

944,161

4,440,748

5,384,909

Changes in equity

Issue of share capital

(81,400

)

-

(81,400

)

Dividends

-

(219,000

)

(219,000

)

Total comprehensive income

-

121,582

121,582

Balance at 30 September 2024

862,761

4,343,330

5,206,091

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 September 2022

1,306,603

516,875

1,823,478

Changes in equity

Redemption of preference

shares

(362,442

)

-

(362,442

)

Dividends

-

(202,000

)

(202,000

)

Total comprehensive income

-

398,000

398,000

Balance at 31 August 2023

944,161

712,875

1,657,036

Changes in equity

Issue of share capital

(81,400

)

-

(81,400

)

Dividends

-

(219,000

)

(219,000

)

Total comprehensive income

-

250,000

250,000

Balance at 30 September 2024

862,761

743,875

1,606,636

Cash flows from operating activities

Cash generated from operations

1

353,917

1,205,296

Interest paid

(23

)

(6,228

)

Tax paid

(192,295

)

(182,312

)

Net cash from operating activities

161,599

1,016,756

Cash flows from investing activities

Purchase of tangible fixed assets

(371,209

)

(242,319

)

Sale of tangible fixed assets

39,500

11,044

Interest received

17,430

9,285

Net cash from investing activities

(314,279

)

(221,990

)

Cash flows from financing activities

Loan repayments in year

-

(200,000

)

Amount introduced by directors

-

46,959

Amount withdrawn by directors

(27,177

)

(84,568

)

Redemption of preference shares

(81,400

)

(362,442

)

Equity dividends paid

(219,000

)

(202,000

)

Net cash from financing activities

(327,577

)

(802,051

)

Decrease in cash and cash equivalents

(480,257

)

(7,285

)

Cash and cash equivalents at beginning of period

2

1,053,273

1,060,558

Cash and cash equivalents at end of period

2

573,016

1,053,273

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

Period

1/9/23

to

Year Ended

30/9/24

31/8/23

£

£

Profit before taxation

199,315

817,604

Depreciation charges

462,615

278,070

Profit on disposal of fixed assets

(39,500

)

(11,042

)

Finance costs

23

6,228

Finance income

(17,430

)

(9,285

)

605,023

1,081,575

Decrease in stocks

81,789

76,855

(Increase)/decrease in trade and other debtors

(146,965

)

343,655

Decrease in trade and other creditors

(185,930

)

(296,789

)

Cash generated from operations

353,917

1,205,296

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Period ended 30 September 2024

30/9/24

1/9/23

£

£

Cash and cash equivalents

573,016

1,053,273

Year ended 31 August 2023

31/8/23

1/9/22

£

£

Cash and cash equivalents

1,053,273

1,060,558

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1/9/23

Cash flow

At 30/9/24

£

£

£

Net cash

Cash at bank and in hand

1,053,273

(480,257

)

573,016

1,053,273

(480,257

)

573,016

Total

1,053,273

(480,257

)

573,016

1.	STATUTORY INFORMATION

Stollers 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 General 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Basis of consolidation

The Group accounts for business combinations using the acquisition method when control is

transferred to the Group. The consideration transferred in the acquisition is generally

measured at fair value, as are the identifiable net assets acquired. Any goodwill that arises is

tested annually for impairment. Any gain on a bargain purchase is recognised in profit or

loss immediately. Transaction costs are expensed as incurred, except if related to the issue of debt

or equity securities. The consideration transferred does not include amounts related to the settlement of pre-existing relationships. Such amounts are generally recognised in profit or loss.

Subsidiaries are entities controlled by the Group. The Group controls an entity when it is exposed

to, or has rights to, variable returns from its involvement with the entity and has the ability to

affect those returns through its power over the entity. The financial statements of subsidiaries are

included in the consolidated financial statements from the date on which control commences until

the date on which control ceases.

Intra-group balances and transactions, and any unrealised income and expenses arising from

intra-group transactions, are eliminated. Unrealised gains arising from transactions with equity accounted investees are eliminated against the investment to the extent of the Group’s interest in

the investee. Unrealised losses are eliminated in the same way as unrealised gains, but only to the

extent that there is no evidence of impairment

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The key assumptions concerning the future and other key sources of estimation uncertainty at the balance sheet date that have significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows:

The recoverability of trade and other receivables is regularly reviewed in the light of available economic information specific to each receivable and provisions are recognised for balances considered to be irrecoverable.

Estimates included within these financial statements include depreciation and asset impairments (for example provisions against stock). None of the estimates made in the preparation of these financial statements are considered to carry significant estimation uncertainty, nor bear significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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 arising on the acquisition of subsidiaries is measured at cost less amortisation.

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.

Freehold property

-

2% on cost

Improvements to property

-

2% on cost

Plant and machinery

-

7.5% on cost

Fixtures and fittings

-

15% on cost, 7.5% on cost and 2% on cost

Motor vehicles

-

25% 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 period comprises current and deferred tax. Tax is recognised in the Consolidated Income Statement, 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 period 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 group operates a defined contribution pension scheme. Contributions payable to the group's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

Period

1/9/23

to

Year Ended

30/9/24

31/8/23

£

£

Wages and salaries

1,527,761

1,561,964

Social security costs

2,805

2,398

Other pension costs

32,160

33,036

1,562,726

1,597,398

The average number of employees during the period was as follows:

Period

1/9/23

to

Year Ended

30/9/24

31/8/23

Directors

2

2

Weekly

55

61

Monthly

9

7

66

70

The average number of employees by undertakings that were proportionately consolidated during the period was 66 (2023 - 70 ) .

Period

1/9/23

to

Year Ended

30/9/24

31/8/23

£

£

Director's remuneration

27,235

25,140

4.	OPERATING PROFIT

The operating profit is stated after charging/(crediting):

Period

1/9/23

to

Year Ended

30/9/24

31/8/23

£

£

Depreciation - owned assets

287,709

278,068

Profit on disposal of fixed assets

(39,500

)

(11,042

)

Goodwill amortisation

174,904

-

Auditors' remuneration

12,750

14,000

Foreign exchange differences

70

364