General Information
Stop & Save (Tunbridge Wells) Limited is a private company, limited by shares, registered in England and Wales, registration number 04902644, registration address 105 St James Road, Tunbridge Wells, TN1 2HQ.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Going concern basis
The directors believe that the company is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Fixtures and Fittings |
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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees
Average number of employees during the year was 7 (2024 : 5).
|
| 3. |
Intangible fixed assets
| Cost |
Goodwill |
|
Total |
| |
£ |
|
£ |
| At 01 February 2024 |
156,000 |
|
156,000 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 31 January 2025 |
156,000 |
|
156,000 |
| Amortisation |
| At 01 February 2024 |
62,400 |
|
62,400 |
| Charge for year |
15,600 |
|
15,600 |
| On disposals |
- |
|
- |
| At 31 January 2025 |
78,000 |
|
78,000 |
| Net book values |
| At 31 January 2025 |
78,000 |
|
78,000 |
| At 31 January 2024 |
93,600 |
|
93,600 |
|
| 4. |
Tangible fixed assets
| Cost or valuation |
Fixtures and Fittings |
|
Total |
| |
£ |
|
£ |
| At 01 February 2024 |
195,834 |
|
195,834 |
| Additions |
1,629 |
|
1,629 |
| Disposals |
- |
|
- |
| At 31 January 2025 |
197,463 |
|
197,463 |
| Depreciation |
| At 01 February 2024 |
181,662 |
|
181,662 |
| Charge for year |
3,781 |
|
3,781 |
| On disposals |
- |
|
- |
| At 31 January 2025 |
185,443 |
|
185,443 |
| Net book values |
| Closing balance as at 31 January 2025 |
12,020 |
|
12,020 |
| Opening balance as at 01 February 2024 |
14,172 |
|
14,172 |
|
| 5. |
Stocks
|
2025
£ |
|
2024
£ |
| Stocks |
65,000 |
|
65,000 |
|
65,000 |
|
65,000 |
|
| 6. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Other Debtors |
0 |
|
106 |
|
0 |
|
106 |
|
| 6. |
Debtors: amounts falling due after one year
|
2025
£ |
|
2024
£ |
| Other Debtors |
591,190 |
|
0 |
|
591,190 |
|
0 |
|
| 7. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
49,602 |
|
40,786 |
| Bank Loans & Overdrafts |
11,148 |
|
11,148 |
| Taxation and Social Security |
62,770 |
|
52,065 |
| Other Creditors |
197,032 |
|
187,827 |
|
320,552 |
|
291,826 |
|
| 8. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Bank Loans & Overdrafts |
2,185 |
|
12,185 |
|
2,185 |
|
12,185 |
|
| 9. |
Provisions for liabilities
|
2025
£ |
|
2024
£ |
| Deferred Tax |
3,057 |
|
3,543 |
| Pension Provisions |
2,510 |
|
2,378 |
|
5,567 |
|
5,921 |
|
| 10. |
Share Capital
Allotted, called up and fully paid
|
2025
£ |
|
2024
£ |
|
50
Ordinary shares of £1.00 each |
50 |
|
50 |
|
48
Ordinary A shares of £1.00 each |
48 |
|
48 |
|
1
Ordinary B share of £1.00 each |
1 |
|
1 |
|
1
Ordinary C share of £1.00 each |
1 |
|
1 |
|
100 |
|
100 |
All shares rank pari passu and have equal voting rights.
|
|
Directors Loan Account
At 31st January 2025, the Directors Loan Account of £192,283 (2024: £177,477) is unsecured, repayable on demand and currently interest free. During the period the director incurred the following transactions:
| Director's Loan Account |
|
Balance b/fwd
£ |
|
Advances
£ |
|
Credit
£ |
|
Balance c/fwd
£ |
| Director |
|
(177,477) |
|
85,427 |
|
(100,232) |
|
(192,283) |
|
| 12. |
Control
The company was under the control of the directors in the current and previous year.
|
2
|