1 March 2024 false No description of principal activity Taxfiler 2024.6 8899141 business:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 8899141 2024-02-29 8899141 2024-03-01 2025-02-28 8899141 business:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 8899141 business:FilletedAccounts 2024-03-01 2025-02-28 8899141 2025-02-28 8899141 business:Director1 2024-03-01 2025-02-28 8899141 business:RegisteredOffice 2024-03-01 2025-02-28 8899141 2024-02-29 8899141 core:WithinOneYear 2025-02-28 8899141 core:WithinOneYear 2024-02-29 8899141 core:ShareCapital core:PreviouslyStatedAmount 2025-02-28 8899141 core:ShareCapital core:PreviouslyStatedAmount 2024-02-29 8899141 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-02-28 8899141 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-02-29 8899141 core:PreviouslyStatedAmount 2025-02-28 8899141 core:PreviouslyStatedAmount 2024-02-29 8899141 business:SmallEntities 2024-03-01 2025-02-28 8899141 countries:EnglandWales 2024-03-01 2025-02-28 8899141 core:PlantMachinery 2024-03-01 2025-02-28 8899141 core:ComputerEquipment 2024-02-29 8899141 core:ComputerEquipment 2025-02-28 8899141 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 8899141 (England and Wales)
Stephen Musgrave Ltd Unaudited accounts for the year ended 28 February 2025
Stephen Musgrave Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Stephen Musgrave Ltd Company Information for the year ended 28 February 2025
Director
Mr Stephen Michael Musgrave
Company Number
8899141 (England and Wales)
Registered Office
Level 30 The Leadenhall Building 122 Leadenhall Street London London EC3V 4AB England
Accountants
JHW Azoth Ltd 13 The Close Norwich Norfolk NR1 4DS
- 3 -
Stephen Musgrave Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Current assets
Debtors
5
6,303
2,107
Cash at bank and in hand
85,323
77,108
91,626
79,215
Creditors: amounts falling due within one year
6
(20,554)
(15,657)
Net current assets
71,072
63,558
Net assets
71,072
63,558
Capital and reserves
Called up share capital
100
100
Profit and loss account
70,972
63,458
Shareholders' funds
71,072
63,558
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 4 November 2025 and were signed on its behalf by
Mr Stephen Michael Musgrave Director Company Registration No. 8899141
- 4 -
Stephen Musgrave Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Stephen Musgrave Ltd is a private company, limited by shares, registered in England and Wales, registration number 8899141. The registered office is Level 30, The Leadenhall Building, 122 Leadenhall Street, London, London, EC3V 4AB, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
20% Straight Line
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 March 2024
4,915
At 28 February 2025
4,915
Depreciation
At 1 March 2024
4,915
At 28 February 2025
4,915
Net book value
At 28 February 2025
-
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
2,178
-
Trade debtors
1,807
2,107
Accrued income and prepayments
2,318
-
6,303
2,107
- 5 -
Stephen Musgrave Ltd Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
-
1,918
Trade creditors
-
(66)
Taxes and social security
11,282
6,336
Other creditors
8,867
8,814
Loans from directors
405
(1,345)
20,554
15,657
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -