Company registration number 06938343 (England and Wales)
Stephen Dalton & Co Limited
Financial Statements
For the year ended
30 June 2025
Pages for filing with registrar
Stephen Dalton & Co Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
Stephen Dalton & Co Limited
Statement Of Financial Position
As at 30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
345
2,141
Current assets
Debtors
5
7,500
17,390
Cash at bank and in hand
105,524
107,875
113,024
125,265
Creditors: amounts falling due within one year
6
(21,608)
(18,387)
Net current assets
91,416
106,878
Net assets
91,761
109,019
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
91,661
108,919
Total equity
91,761
109,019

The notes on pages 2 to 4 form part of these financial statements.

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 7 December 2025
S.W. Dalton
Director
Company registration number 06938343 (England and Wales)
Stephen Dalton & Co Limited
Notes To The Financial Statements
For the year ended 30 June 2025
- 2 -
1
General information

Stephen Dalton & Co Limited is a private company limited by shares incorporated in England and Wales. The registered office is 8 Chadwick Place, Long Ditton, Surbiton, Surrey, KT6 5RE.

2
Accounting policies
2.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

2.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

2.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Motor vehicles
25% straight line
Equipment
20% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

2.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

Stephen Dalton & Co Limited
Notes To The Financial Statements (Continued)
For the year ended 30 June 2025
2
Accounting policies
(Continued)
- 3 -
2.6
Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2.7
Taxation

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2.8
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2.9
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
Stephen Dalton & Co Limited
Notes To The Financial Statements (Continued)
For the year ended 30 June 2025
- 4 -
4
Tangible fixed assets
Motor vehicles
Equipment
Total
£
£
£
Cost
At 1 July 2024
35,022
3,504
38,526
Disposals
(8,525)
(664)
(9,189)
At 30 June 2025
26,497
2,840
29,337
Depreciation and impairment
At 1 July 2024
33,917
2,468
36,385
Depreciation charged in the year
1,105
691
1,796
Eliminated in respect of disposals
(8,525)
(664)
(9,189)
At 30 June 2025
26,497
2,495
28,992
Carrying amount
At 30 June 2025
-
0
345
345
At 30 June 2024
1,105
1,036
2,141
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
7,500
9,590
Other debtors
-
0
7,800
7,500
17,390
6
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
7,802
8,208
Other taxation and social security
8,895
5,578
Other creditors
4,911
4,601
21,608
18,387
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