REGISTERED NUMBER: 08829959 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE STAIR CLIMBING COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C W Persey

Mrs E Persey

D J Woodthorpe

REGISTERED OFFICE:

Office 15, Unit 5

Stour Valley Business Centre

Brundon Lane

Sudbury

Suffolk

CO10 7GB

REGISTERED NUMBER:

08829959 (England and Wales)

ACCOUNTANTS:

Seago and Stopps

Chartered Certified Accountants

61 Station Road

Sudbury

Suffolk

CO10 2SP

FIXED ASSETS

-

Intangible assets

4

13,200

27,061

Tangible assets

5

24,386

27,061

37,586

CURRENT ASSETS

30,000

Stocks

22,500

257,680

Debtors

6

288,267

59,344

Cash at bank and in hand

54,208

347,024

364,975

CREDITORS

140,081

Amounts falling due within one year

7

171,833

206,943

NET CURRENT ASSETS

193,142

234,004

TOTAL ASSETS LESS CURRENT LIABILITIES

230,728

CREDITORS

(12,500

)

Amounts falling due after more than one year

8

(2,500

)

(358

)

PROVISIONS FOR LIABILITIES

(1,496

)

221,146

NET ASSETS

226,732

CAPITAL AND RESERVES

2

Called up share capital

100

221,144

Retained earnings

226,632

221,146

226,732

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 16 December 2025 and were signed on its behalf by:

Mrs E Persey - Director

1.	STATUTORY INFORMATION

The Stair Climbing Company Limited is a private company, limited by shares , registered in England and Wales. 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 represents the value of work completed during the year, by reference to invoiced sales and the opening and closing deferred income and trade debtor balances.

Intangible assets

The company's website is not amortised on the basis that it will receive ongoing maintenance and upgrades whilst the company continues to trade.

Tangible fixed assets

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

Office equipment - 25% reducing balance

Fixture and fittings - 25% reducing balance

Motor vehicle - 25% 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.

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.

Financial instruments

The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Website

costs

£

COST

Additions

13,200

At 31 March 2025

13,200

NET BOOK VALUE

At 31 March 2025

13,200

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Office

Totals

fittings

vehicles

equipment

£

£

£

£

COST

At 1 April 2024

42,255

8,108

25,858

8,289

Additions

9,086

-

8,000

1,086

Disposals

(6,942

)

-

(6,800

)

(142

)

At 31 March 2025

44,399

8,108

27,058

9,233

DEPRECIATION

At 1 April 2024

15,194

2,942

8,556

3,696

Charge for year

8,135

1,293

5,435

1,407

Eliminated on disposal

(3,316

)

-

(3,239

)

(77

)

At 31 March 2025

20,013

4,235

10,752

5,026

NET BOOK VALUE

At 31 March 2025

24,386

3,873

16,306

4,207

At 31 March 2024

27,061

5,166

17,302

4,593

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

85,996

60,422

Other debtors

202,271

197,258

288,267

257,680

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

32,208

7,395

Taxation and social security

80,733

80,071

Other creditors

48,892

42,615

171,833

140,081

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

2,500

12,500