Company Registration No. 05255018 (England and Wales)
Stomp Distribution Ltd
Unaudited accounts
for the period from 31 January 2024 to 31 January 2025
Stomp Distribution Ltd
Unaudited accounts
Contents
Stomp Distribution Ltd
Company Information
for the period from 31 January 2024 to 31 January 2025
Directors
Marc Brotherton
Mark Meredith
Company Number
05255018 (England and Wales)
Registered Office
Unit 3
Petersfield Business Park
Bedford Road
Petersfield
Hampshire
GU32 3QA
England
Accountants
Weald Accounting Limited
87 Redwing Road
Clanfield
Waterlooville
Hampshire
PO8 0LX
Stomp Distribution Ltd
Statement of financial position
as at 31 January 2025
Tangible assets
282,066
330,840
Inventories
3,573,478
4,238,254
Cash at bank and in hand
1,610,421
582,200
Creditors: amounts falling due within one year
(4,287,162)
(3,114,898)
Net current assets
1,527,139
2,396,845
Total assets less current liabilities
1,809,506
2,728,359
Provisions for liabilities
Deferred tax
(29,650)
(82,878)
Net assets
1,779,856
2,645,481
Called up share capital
1,000
1,000
Profit and loss account
1,778,856
2,644,481
Shareholders' funds
1,779,856
2,645,481
For the period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2025 and were signed on its behalf by
Marc Brotherton
Director
Company Registration No. 05255018
Stomp Distribution Ltd
Notes to the Accounts
for the period from 31 January 2024 to 31 January 2025
Stomp Distribution Ltd is a private company, limited by shares, registered in England and Wales, registration number 05255018. The registered office is Unit 3, Petersfield Business Park, Bedford Road, Petersfield, Hampshire, GU32 3QA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10 years straight line
Motor vehicles
25% straight line
Fixtures & fittings
33% straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Stomp Distribution Ltd
Notes to the Accounts
for the period from 31 January 2024 to 31 January 2025
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Other
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 31 January 2024
295,064
49,962
440,056
785,082
Additions
-
23,986
8,403
32,389
At 31 January 2025
295,064
73,948
448,459
817,471
At 31 January 2024
62,451
42,270
349,521
454,242
Charge for the period
29,506
6,864
44,793
81,163
At 31 January 2025
91,957
49,134
394,314
535,405
At 31 January 2025
203,107
24,814
54,145
282,066
At 31 January 2024
232,613
7,692
90,535
330,840
Amounts falling due within one year
Trade debtors
335,154
411,745
Other debtors
295,248
279,544
Stomp Distribution Ltd
Notes to the Accounts
for the period from 31 January 2024 to 31 January 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
1,143,683
Trade creditors
1,075,971
173,379
Amounts owed to group undertakings and other participating interests
2,452,636
988,249
Taxes and social security
108,109
40,588
Other creditors
319,374
491,826
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Transactions with related parties
During trhe year the Company invoiced MJM Design & Engineering Limited, a company under common control, £55,000 for management support, at the year end the Company owed MJM £170,541.
The Company owes £103,178 to Barnet Evolution Limited, a company under common control.
The Company is the wholly owned subsidiary of Stomp Group Limited, a company incorporated in England & Wales
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Average number of employees
During the period the average number of employees was 18 (2024: 14).