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Registered number: 04463131
STEVE HERD LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2025
Abacus Business Services Ltd
Chartered Certified Accountants
45 Highmeadow
Radcliffe
Manchester
Lancashire
M26 1YN
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 04463131
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 212 283
212 283
CURRENT ASSETS
Stocks 5 600 600
Cash at bank and in hand 230,637 232,771
231,237 233,371
Creditors: Amounts Falling Due Within One Year 6 (20,672 ) (11,080 )
NET CURRENT ASSETS (LIABILITIES) 210,565 222,291
TOTAL ASSETS LESS CURRENT LIABILITIES 210,777 222,574
NET ASSETS 210,777 222,574
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 210,776 222,573
SHAREHOLDERS' FUNDS 210,777 222,574
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr S Herd
Director
22/08/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
STEVE HERD LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 04463131 . The registered office is 6a Victoria Grove, Heaton Chapel, Stockport, Cheshire, SK4 5BU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing balance
2.4. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 6,055
As at 31 March 2025 6,055
Depreciation
As at 1 April 2024 5,772
Provided during the period 71
As at 31 March 2025 5,843
Net Book Value
As at 31 March 2025 212
As at 1 April 2024 283
5. Stocks
2025 2024
£ £
Finished goods 600 600
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (1 ) -
Corporation tax 3,851 737
Other taxes and social security 4,009 3,804
Other creditors 770 770
Director's loan account 12,043 5,769
20,672 11,080
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
8. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 25,000 20,000
Page 3