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Registered number: 08364299
Stylo Renovations Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Stylo Renovations Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Stylo Renovations Ltd
Balance Sheet
As At 31 January 2025
Balance Sheet
Registered number: 08364299

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 32,680 |  | 48,336
|  |  | 32,680 |  | 48,336
CURRENT ASSETS
Debtors | 5 | 442,884 |  | 492,312 |
Cash at bank and in hand |  | 93,611 |  | 108,329 |
|  | 536,495 |  | 600,641 |
Creditors: Amounts Falling Due Within One Year | 6 | (198,770 ) |  | (238,546 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 337,725 |  | 362,095
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 370,405 |  | 410,431
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (16,010 ) |  | (29,343 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (8,170 ) |  | (12,084 )
NET ASSETS |  |  | 346,225 |  | 369,004
CAPITAL AND RESERVES
Called up share capital |  |  | 100 |  | 100
Profit and Loss Account |  |  | 346,125 |  | 368,904
SHAREHOLDERS' FUNDS |  |  | 346,225 |  | 369,004

Page 1
Page 2
Stylo Renovations Ltd
Balance Sheet (continued)
As At 31 January 2025
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 J D Wadman Director
24/09/2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Stylo Renovations Ltd
Notes to the Financial Statements
For The Year Ended 31 January 2025
Notes to the Financial Statements
1. General Information
Stylo Renovations Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08364299 . The registered office is 5 Cornfield Terrace, Eastbourne, East Sussex, BN21 4NN.
The presentation currency of the financial statements is the Pound Sterling (£).
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Significant judgements and estimations
No significant judgements have had to be made by the directors in preparing the financial statements.
The directors have key assumptions in the determination of the value of the amounts recoverable on contracts.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. When the consideration receivable in cash or cash equivalents is deferred, and the arrangement constitutes in effect a financing transaction, the fair value of the consideration is measured as the present value of all future receipts determined using an imputed rate of interest, normally the rate that discounts the nominal amount of consideration to the cash sales price.
The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities of the actual completion of a proportion of the total services to be rendered.
When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
2.4. 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, assets held under finance leases are depreciated in the same way as owned assets:

Plant & Machinery | 25% on reducing balance
Motor Vehicles | 25% on reducing balance
Fixtures & Fittings | 15% on reducing balance
Computer Equipment | 33.33% straight line

Page 3
Page 4
Stylo Renovations Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2025
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. 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.
2.7. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.
The company's liability to tax is calculated using the tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on all timing differences between the carrying amounts of the assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period to which the liability is settled or the asset realised, based on tax rates and laws that have been enacted or substantively enacted by the end of the reporting period.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 (2024: 2)
2 2
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Cost
As at 1 February 2024 | 8,561 | 125,842 | 2,153 | 11,195 | 147,751
Disposals | - | (29,581 ) | - | - | (29,581 )
As at 31 January 2025 | 8,561 | 96,261 | 2,153 | 11,195 | 118,170

...CONTINUED
Page 4
Page 5
Stylo Renovations Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2025

Depreciation
As at 1 February 2024 | 6,481 | 81,933 | 1,050 | 9,951 | 99,415
Provided during the period | 520 | 10,976 | 165 | 622 | 12,283
Disposals | - | (26,208 ) | - | - | (26,208 )
As at 31 January 2025 | 7,001 | 66,701 | 1,215 | 10,573 | 85,490
Net Book Value
As at 31 January 2025 | 1,560 | 29,560 | 938 | 622 | 32,680
As at 1 February 2024 | 2,080 | 43,909 | 1,103 | 1,244 | 48,336

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 9,315 |  | 600
Amounts recoverable on contracts | 225,168 |  | 263,753
Other debtors | 202,094 |  | 224,994
Prepayments | 6,307 |  | 2,965
| 442,884 |  | 492,312

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 13,334 |  | 11,628
Trade creditors | 76,423 |  | 106,569
Corporation tax | 12,361 |  | 40,393
Other taxes and social security | 22,379 |  | 21,894
VAT | 20,437 |  | 43,023
Other creditors | 40,003 |  | 11,680
Accruals and deferred income | 2,880 |  | 3,200
Directors' loan accounts | 10,953 |  | 159
| 198,770 |  | 238,546

7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 16,010 |  | 29,343

Page 5
Page 6
Stylo Renovations Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2025
8. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 13,334 |  | 11,628
Later than one year and not later than five years | 16,010 |  | 29,343
| 29,344 |  | 40,971
| 29,344 |  | 40,971

9. Directors Advances, Credits and Guarantees
During the year the directors withdrew amounts totalling £39,779 and introduced amounts totalling £50,573. The balance at the year end due to the directors was £10,953 (2024 - £159) and is included in creditors.
The above loan is unsecured, interest free and repayable on demand.
10. Related Party Transactions
Included within debtors is an amount of £200,195 (2024 - £223,095) owed to the company by JTJ Investments Limited, company in which Mr & Mrs Wadman are also directors. This loan is unsecured, interest free and repayable on demand.
Included within amounts recoverable on contracts is an amount of £167,839 (2024 - £165,908) owed by JTJ Investments Limited.
Page 6