REGISTERED NUMBER: 05517420 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Stamina Handling Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C Williams

Mrs M Gobbi

P Gobbi

N Lunn

S Walker

SECRETARY:

Mrs M Gobbi

REGISTERED OFFICE:

West End Approach

Morley

Leeds

West Yorkshire

LS27 0NB

REGISTERED NUMBER:

05517420 (England and Wales)

ACCOUNTANTS:

KJA Kilner Johnson Ltd

Woodland House

Woodland Park

Bradford Road

Cleckheaton

BD19 6BW

FIXED ASSETS

Intangible assets

4

23,250

24,000

Tangible assets

5

195,293

115,907

218,543

139,907

CURRENT ASSETS

Stocks

205,602

537,197

Debtors

6

261,502

524,335

Cash at bank and in hand

621,407

266,369

1,088,511

1,327,901

CREDITORS

Amounts falling due within one year

7

884,372

711,405

NET CURRENT ASSETS

204,139

616,496

TOTAL ASSETS LESS CURRENT LIABILITIES

422,682

756,403

CREDITORS

Amounts falling due after more than one year

8

(154,655

)

(179,877

)

PROVISIONS FOR LIABILITIES

(41,193

)

(18,790

)

NET ASSETS

226,834

557,736

CAPITAL AND RESERVES

Called up share capital

1,548

1,548

Capital redemption reserve

232

232

Retained earnings

225,054

555,956

226,834

557,736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 May 2025 and were signed on its behalf by:

P Gobbi - Director

1.	STATUTORY INFORMATION

Stamina Handling Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Patents and licences are being amortised evenly over their estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% reducing balance

Motor vehicles

-

25% reducing balance

Computer equipment

-

25% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire

purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over

their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the

future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 February 2024

and 31 January 2025

30,000

AMORTISATION

At 1 February 2024

6,000

Amortisation for year

750

At 31 January 2025

6,750

NET BOOK VALUE

At 31 January 2025

23,250

At 31 January 2024

24,000

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2024

12,994

130,588

4,863

148,445

Additions

-

129,055

-

129,055

Disposals

-

(11,998

)

-

(11,998

)

At 31 January 2025

12,994

247,645

4,863

265,502

DEPRECIATION

At 1 February 2024

4,061

25,685

2,792

32,538

Charge for year

2,233

43,017

518

45,768

Eliminated on disposal

-

(8,097

)

-

(8,097

)

At 31 January 2025

6,294

60,605

3,310

70,209

NET BOOK VALUE

At 31 January 2025

6,700

187,040

1,553

195,293

At 31 January 2024

8,933

104,903

2,071

115,907

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 February 2024

118,590

Additions

129,055

At 31 January 2025

247,645

DEPRECIATION

At 1 February 2024

18,889

Charge for year

41,716

At 31 January 2025

60,605

NET BOOK VALUE

At 31 January 2025

187,040

At 31 January 2024

99,701

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

175,560

430,431

Amounts owed by participating interests

26,864

47,047

Other debtors

59,078

46,857

261,502

524,335

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

98,513

98,513

Hire purchase contracts

56,894

30,234

Trade creditors

157,758

223,151

Amounts owed to participating interests

109,652

15,358

Taxation and social security

162,302

203,362

Other creditors

299,253

140,787

884,372

711,405

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

15,768

103,828

Hire purchase contracts

138,887

76,049

154,655

179,877

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

114,281

-

Hire purchase contracts

195,781

-

310,062

-

The loan is secured over all assets.

10.	ULTIMATE CONTROLLING PARTY

As of the 29th October 2024, The Stamina Group Ltd became the ultimate controlling party.