Stuart Lacey & Associates Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08537268

STUART LACEY & ASSOCIATES LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

30 June 2025

STUART LACEY & ASSOCIATES LTD

STATEMENT OF FINANCIAL POSITION

30 June 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		985		332

CURRENT ASSETS

Debtors	6	262,914	–
Cash at bank and in hand		107,260	57,727
		---------	--------
		370,174	57,727

CREDITORS: amounts falling due within one year	7	101,993		20,249
		---------		--------
NET CURRENT ASSETS			268,181		37,478
			---------		--------
TOTAL ASSETS LESS CURRENT LIABILITIES			269,166		37,810
			---------		--------
NET ASSETS			269,166		37,810
			---------		--------

CAPITAL AND RESERVES

Called up share capital	5,000	5,000
Profit and loss account	264,166	32,810
	---------	--------
SHAREHOLDERS FUNDS	269,166	37,810
	---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

STUART LACEY & ASSOCIATES LTD

STATEMENT OF FINANCIAL POSITION (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 10 October 2025 , and are signed on behalf of the board by:

Mr S Lacey

Director

Company registration number: 08537268

STUART LACEY & ASSOCIATES LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 9 Briery Close, Great Oakley, Corby, Northants, NN18 8JG.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Office equipment	-	33 1/3% straight line

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. TANGIBLE ASSETS

	Office equipment
	£
Cost
At 1 July 2024	4,614
Additions	1,229
	-------
At 30 June 2025	5,843
	-------
Depreciation
At 1 July 2024	4,282
Charge for the year	576
	-------
At 30 June 2025	4,858
	-------
Carrying amount
At 30 June 2025	985
	-------
At 30 June 2024	332
	-------

6. DEBTORS

	2025	2024
	£	£
Other debtors	262,914	–
	---------	----

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	99,635	17,478
Other creditors	2,358	2,771
	---------	--------
	101,993	20,249
	---------	--------