Steve Pinsent Limited - Filleted accounts

Registered number

04289343

Steve Pinsent Limited

Unaudited Filleted Accounts

31 August 2025

David Matthews BA FCA

Linwood

St Peters Road

Arnesby

Leicester

LE8 5WJ

Steve Pinsent Limited
Registered number:		04289343
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		951			1,268

Current assets
Debtors	4	68,314			39,818
Cash at bank and in hand		30,867			61,162
		99,181			100,980

Creditors: amounts falling due within one year	5	(36,698)			(35,376)

Net current assets			62,483			65,604

Total assets less current liabilities			63,434			66,872

Creditors: amounts falling due after more than one year	6		-			(2,100)



Net assets			63,434			64,772

Capital and reserves
Called up share capital			2			2
Profit and loss account			63,432			64,770

Shareholders' funds			63,434			64,772

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




S.B. Pinsent
Director
Approved by the board on 30 September 2025

Steve Pinsent Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles			over 4 years
	Plant and machinery			over 4 years
	Computer equipment			over 4 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2


3	Tangible fixed assets
		Plant and machinery		Motor vehicles		Computer equipment		Total
£			£		£		£
	Cost
	At 1 September 2024	473		8,150		2,903		11,526
	At 31 August 2025	473		8,150		2,903		11,526

	Depreciation
	At 1 September 2024	473		7,063		2,722		10,258
	Charge for the year	-		272		45		317
	At 31 August 2025	473		7,335		2,767		10,575

	Net book value
	At 31 August 2025	-		815		136		951
	At 31 August 2024	-		1,087		181		1,268


4	Debtors					2025		2024
£							£

	Trade debtors					53,330		26,822
	Other debtors					14,984		12,996
						68,314		39,818


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					2,100		2,800
	Trade creditors					2,660		4,260
	Other creditors					31,938		28,316
						36,698		35,376


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					-		2,100


7	Other information

	Steve Pinsent Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Linwood
	St Peters Road
	Arnesby
	Leicester
	LE8 5WJ