REGISTERED NUMBER: 06448589

Financial Statements for the Year Ended 31 January 2025

for

The Stables (Wynyard) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Everson

Mrs J Everson

REGISTERED OFFICE:

The Wynd

Wynyard Park

Wynyard

Billingham

TS22 5QQ

REGISTERED NUMBER:

06448589

ACCOUNTANTS:

SW Accountants & Business Advisors

73 Duke Street

Darlington

Co. Durham

DL3 7SD

FIXED ASSETS

Intangible assets

4

12,600

16,800

Tangible assets

5

55,268

57,875

67,868

74,675

CURRENT ASSETS

Stocks

11,361

15,046

Debtors

6

96,333

85,589

Cash at bank and in hand

10,290

25,289

117,984

125,924

CREDITORS

Amounts falling due within one year

7

148,360

158,696

NET CURRENT LIABILITIES

(30,376

)

(32,772

)

TOTAL ASSETS LESS CURRENT LIABILITIES

37,492

41,903

CREDITORS

Amounts falling due after more than one year

8

(25,082

)

(30,175

)

PROVISIONS FOR LIABILITIES

(12,339

)

(11,645

)

NET ASSETS

71

83

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

69

81

SHAREHOLDERS' FUNDS

71

83

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 17 July 2025 and were signed on its behalf by:

M Everson - Director

1.	STATUTORY INFORMATION

The Stables (Wynyard) Limited is a private company, limited by shares , registered in Not specified/Other. 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

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty years.

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.

Tangible fixed assets

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

Kitchen equipment

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on 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

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

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 48 (2024 - 45 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

84,000

AMORTISATION

At 1 February 2024

67,200

Amortisation for year

4,200

At 31 January 2025

71,400

NET BOOK VALUE

At 31 January 2025

12,600

At 31 January 2024

16,800

5.	TANGIBLE FIXED ASSETS

Fixtures

Kitchen

and

Motor

Computer

equipment

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2024

42,426

75,305

3,560

17,571

138,862

Additions

8,504

-

-

-

8,504

Disposals

(1,180

)

-

-

-

(1,180

)

At 31 January 2025

49,750

75,305

3,560

17,571

146,186

DEPRECIATION

At 1 February 2024

21,741

49,112

2,058

8,076

80,987

Charge for year

4,202

3,929

376

1,424

9,931

At 31 January 2025

25,943

53,041

2,434

9,500

90,918

NET BOOK VALUE

At 31 January 2025

23,807

22,264

1,126

8,071

55,268

At 31 January 2024

20,685

26,193

1,502

9,495

57,875

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Other debtors

12,625

10,536

Directors' current accounts

80,208

71,218

Prepayments and accrued income

3,500

3,835

96,333

85,589

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

6,227

5,556

Trade creditors

72,242

69,327

Tax

26,666

24,293

Social security and other taxes

8,399

3,358

VAT

29,161

29,185

Other creditors

502

22,334

Accrued expenses

5,163

4,643

148,360

158,696

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans - 1-2 years

5,556

5,556

Bank loans - 2-5 years

16,667

16,667

Bank loans more 5 yr by instal

2,859

7,952

25,082

30,175

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,859

7,952

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25

31.1.24

£

£

M Everson and Mrs J Everson

Balance outstanding at start of year

71,218

57,055

Amounts repaid

(71,218

)

(57,055

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

80,208

71,218