ACCOUNTS - Final Accounts preparation

Registered number: 07210824

STANLEY AND INGRAM LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

STANLEY AND INGRAM LIMITED

REGISTERED NUMBER: 07210824

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	5		-		1,041
			-		1,041
Current assets
Debtors: amounts falling due within one year	6	176,706		176,995
Cash at bank and in hand	7	1,102		1,166
		177,808		178,161
Creditors: amounts falling due within one year	8	(233,641)		(231,175)
Net current liabilities			(55,833)		(53,014)
Total assets less current liabilities			(55,833)		(51,973)

Net liabilities			(55,833)		(51,973)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(55,933)	(52,073)
	(55,833)	(51,973)

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STANLEY AND INGRAM LIMITED

REGISTERED NUMBER: 07210824

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

G Bhandal

Director

Date: 16 October 2025

The notes on pages 3 to 6 form part of these financial statements.

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STANLEY AND INGRAM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Stanley and Ingram Limited is a company limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the Company information page. The nature of the Company's operations and its principal activities are set out in the Directors’ report.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The company is supported by loans from related parties under common control. These parties will
continue to support the company and the directors are satisfied that the company will be able to fulfill
it's obligations.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

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STANLEY AND INGRAM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

				Fixtures and fittings	-	25%	reducing balance
				Computer equipment	-	25%	straight line

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. The nature of estimation means the actual outcomes could differ from those estimates. In the accounts amounts recoverable on long term contracts is carried at unbilled time based on charge out rates less a provision where the members believe such time will not be recoverable.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

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STANLEY AND INGRAM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Tangible fixed assets

	Fixtures and fittings	Computer equipment	Total
	£	£	£

At 1 April 2024	6,678	317	6,995
Disposals	(6,678)	(317)	(6,995)
At 31 March 2025	-	-	-

At 1 April 2024	5,677	277	5,954
Charge for the year on owned assets	(5,677)	(277)	(5,954)
At 31 March 2025	-	-	-
Net book value
At 31 March 2025	-	-	-
At 31 March 2024	1,001	40	1,041

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	160,797	-
Other debtors	15,909	176,995
	176,706	176,995

7.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	1,102	1,166
	1,102	1,166

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STANLEY AND INGRAM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

8.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	-	36
Amounts owed to group undertakings	231,051	228,333
Other taxation and social security	-	511
Accruals and deferred income	2,590	2,295
	233,641	231,175

Related party transactions

In other creditors there is a loan from group companies of £231,051 (2024: £228,333).
In other debtors there are loans to companies under common control of £15,765 (2024: £15,765) and loans to group companies of £160,797 (2024: 161,230).
No interest is charged on these loans and they are repayable on demand.
Included within turnover there is a total charge to a party related by common control of £nil (2024: £20,000).

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