SARGENTS STRIPES LIMITED


Directors	Claire Sargent
	David Sargent


Registered Address	Walker House
	Market Place
	Somerton
	TA11 7LZ


Registered Number	06964968 (England and Wales)

Balance Sheet as at
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		89,468		38,904
			89,468		38,904
Current assets
Stocks	5	16,050		9,760
Debtors		64,133		65,305
Cash at bank and on hand		39,107		47,618
		119,290		122,683
Creditors amounts falling due within one year	6	(86,394)		(75,701)
Net current assets (liabilities)			32,896		46,982
Total assets less current liabilities			122,364		85,886
Creditors amounts falling due after one year	7		(51,010)		(23,264)
Net assets			71,354		62,622
Capital and reserves
Called up share capital			100		100
Profit and loss account			71,254		62,522
Shareholders' funds			71,354		62,622

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 28 October 2025, and are signed on its behalf by:

David Sargent
Director
Registered Company No. 06964968

SARGENTS STRIPES LIMITED

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Goodwill arising on the acquisition of an entity represents the excess of the cost of the acquisition over the company's interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at the cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful lie, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Intangible assets

Goodwill arising on the acquisition of an entity represents the excess of the cost of the acquisition over the company's interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at the cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful lie, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	20	-
Fixtures and fittings	25	-
Vehicles	25	-
Office Equipment	-	3

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	11		11

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 August 24	196,080	196,080
At 31 July 25	196,080	196,080
Amortisation and impairment
At 01 August 24	196,080	196,080
At 31 July 25	196,080	196,080
Net book value
At 31 July 25	-	-
At 31 July 24	-	-

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 August 24	45,529	49,417	3,012	6,524	104,482
Additions	2,878	59,699	-	1,347	63,924
At 31 July 25	48,407	109,116	3,012	7,871	168,406
Depreciation and impairment
At 01 August 24	33,818	22,707	2,782	6,271	65,578
Charge for year	2,589	10,196	57	518	13,360
At 31 July 25	36,407	32,903	2,839	6,789	78,938
Net book value
At 31 July 25	12,000	76,213	173	1,082	89,468
At 31 July 24	11,711	26,710	230	253	38,904

5.	Stocks

	2025	2024
	£	£
Raw materials and consumables	16,050	9,760
Total	16,050	9,760

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	12,921	7,850
Bank borrowings and overdrafts	11,799	-
Amounts owed to related parties	66	25
Taxation and social security	53,136	63,750
Other creditors	292	-
Accrued liabilities and deferred income	8,180	4,076
Total	86,394	75,701


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	51,010	23,264
Total	51,010	23,264