REGISTERED NUMBER: 13792132 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

STANLEY'S CATERING LTD

Page

Balance sheet

1

Notes to the financial statements

3

Fixed assets

Intangible assets

4

61,390

70,160

Tangible assets

5

42,576

39,030

103,966

109,190

Current assets

Stocks

3,700

2,000

Debtors

6

26,641

28,319

Cash at bank and in hand

51,551

62,270

81,892

92,589

Creditors

Amounts falling due within one year

7

176,478

195,790

Net current liabilities

(94,586

)

(103,201

)

Total assets less current liabilities

9,380

5,989

Provisions for liabilities

9

6,672

5,888

Net assets

2,708

101

Capital and reserves

Called up share capital

10

100

100

Retained earnings

2,608

1

Shareholders' funds

2,708

101

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 comprehensive income 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:

Mrs S A Stanley - Director

Mr K Stanley - Director

1.	Statutory information

Stanley's Catering Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 13792132. The registered office is 7 & 8 Church Street, Wimborne, BH21 1JH and the business address is 40 East Street, Wimborne, BH21 1DX.

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 takings from café and takeaway sales, net of vat.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten 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.

Improvements to property

-

Over the term of the lease

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the 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 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.

Financial instruments

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

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 18 (2023 - 17 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 January 2024

and 31 December 2024

87,700

Amortisation

At 1 January 2024

17,540

Charge for year

8,770

At 31 December 2024

26,310

Net book value

At 31 December 2024

61,390

At 31 December 2023

70,160

5.	Tangible fixed assets

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

Cost

At 1 January 2024

7,375

31,683

15,349

750

55,157

Additions

-

2,947

12,310

669

15,926

At 31 December 2024

7,375

34,630

27,659

1,419

71,083

Depreciation

At 1 January 2024

388

11,433

3,978

328

16,127

Charge for year

388

5,799

5,920

273

12,380

At 31 December 2024

776

17,232

9,898

601

28,507

Net book value

At 31 December 2024

6,599

17,398

17,761

818

42,576

At 31 December 2023

6,987

20,250

11,371

422

39,030

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Other debtors

8,699

12,826

Prepayments and accrued income

17,942

15,493

26,641

28,319

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

5,696

2,390

Tax

9,013

6,364

Social security and other taxes

5,559

4,718

Pension liability

915

587

VAT

22,472

22,172

Other creditors

18,826

13,536

Directors' current accounts

110,839

136,841

Accruals and deferred income

3,158

9,182

176,478

195,790

8.	Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

26,500

26,500

Between one and five years

106,000

106,000

In more than five years

58,520

85,020

191,020

217,520

9.	Provisions for liabilities

2024

2023

£

£

Deferred tax

6,672

5,888

Deferred

tax

£

Balance at 1 January 2024

5,888

Provided during year

784

Balance at 31 December 2024

6,672

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

11.	Ultimate controlling party

The Company is under the control of the Directors, by virtue of their combined 100% holding of the issued voting share capital of the Company.