Stonebridge Commercial Solutions Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC534245 (Scotland)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Stonebridge Commercial Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M A Nelson

V Jones

D M Squires

REGISTERED OFFICE:

c/o Clements

17 Colquhoun Square

Helensburgh

G84 8AD

REGISTERED NUMBER:

SC534245 (Scotland)

ACCOUNTANTS:

Clements

Chartered Accountants

17 Colquhoun Square

Helensburgh

G84 8AD

FIXED ASSETS

Tangible assets

4

-

718

CURRENT ASSETS

Debtors

5

31,823

160,900

Cash at bank

74,528

219,742

106,351

380,642

CREDITORS

Amounts falling due within one year

6

6,339

43,247

NET CURRENT ASSETS

100,012

337,395

TOTAL ASSETS LESS CURRENT
LIABILITIES

100,012

338,113

PROVISIONS FOR LIABILITIES

-

162

NET ASSETS

100,012

337,951

CAPITAL AND RESERVES

Called up share capital

7

200

20

Retained earnings

99,812

337,931

SHAREHOLDERS' FUNDS

100,012

337,951

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 29 October 2025 and were signed on its behalf by:

V Jones - Director

1.	STATUTORY INFORMATION

Stonebridge Commercial Solutions Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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

The turnover shown in the profit and loss account represents revenue recognised by the company in respect of services supplied during the period, exclusive of Value Added Tax. Revenue is recognised when the company has the right to receive it.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment

-

33% on cost

Financial instruments

The company only has basic financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Taxation

Taxation for the year comprises current and deferred tax.

The company's liability for current tax is calculated using 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 assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

and 31 May 2025

2,155

DEPRECIATION

At 1 June 2024

1,437

Charge for year

718

At 31 May 2025

2,155

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

718

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

Trade debtors

3,936

73,446

Other debtors

27,887

87,454

31,823

160,900

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

Taxation and social security

2,726

22,333

Other creditors

3,613

20,914

6,339

43,247

Included in other creditors is a directors current account which is unsecured, interest free and repayable on demand.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

100

Ordinary A shares

1

200

10

100

Ordinary B shares

1

-

10

200

20

In the year under review 90 A Ordinary £1 shares and 90 B Ordinary £1 shares were issued par. The B Ordinary shares were subsequently reclassified at A Ordinary shares.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2025 and 31 May 2024:

31.5.25

31.5.24

£

Mrs L M Nelson

Balance outstanding at start of year

78,416

(2,434

)

Amounts advanced

11,584

80,850

Amounts repaid

(90,000

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

78,416

9.	RELATED PARTY DISCLOSURES

Dividends paid to the directors totalled £83,500 (2024 £20,000).

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Rendel Ltd.

Rendel Ltd own 102 A Ordinary shares in the company.