Stanley Morton and Son Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 10596337

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		37,000		55,500
Tangible Assets	5		58,882		77,663

			95,882		133,163
CURRENT ASSETS
Stocks	6	85,884		79,522
Debtors	7	158,881		130,412
Cash at bank and in hand		2,660		848

		247,425		210,782
Creditors: Amounts Falling Due Within One Year	8	(392,996 )		(374,326 )

NET CURRENT ASSETS (LIABILITIES)			(145,571 )		(163,544 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(49,689 )		(30,381 )

Creditors: Amounts Falling Due After More Than One Year	9		(14,175 )		(29,567 )

NET LIABILITIES			(63,864 )		(59,948 )

CAPITAL AND RESERVES
Called up share capital	12		1,000		1,000
Profit and Loss Account			(64,864 )		(60,948 )

SHAREHOLDERS' FUNDS			(63,864)		(59,948)

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Stanley Morton and Son Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

P A Morton

Director

17 December 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Stanley Morton and Son Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10596337 . The registered office is 12 High Street, Tattenhall, Chester, Cheshire, CH3 9PX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The presentational currency is £ Sterling and all amounts are rounded to the nearest £.

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis. As the directors will continue to make funds available to the company in future, they believe that the going concern basis is appropriate for these financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services within the retail industry. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	10% on cost
Solar panels	4% on cost
Motor Vehicles	25% on net book value
Fixtures, Fittings & Equipment	15% on net book value

2.6. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.7. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Stanley Morton and Son Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.8. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Current tax for the year is recognised in profit or loss, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

2.9. Pensions

The company makes contribtions into employees' defined pension contribution schemes. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 15 (2024: 15)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	185,000

As at 31 March 2025	185,000

Amortisation
As at 1 April 2024	129,500
Provided during the period	18,500

As at 31 March 2025	148,000

Net Book Value
As at 31 March 2025	37,000

As at 1 April 2024	55,500

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Stanley Morton and Son Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Tangible Assets

	Land & Property
	Freehold	Solar panels	Motor Vehicles	Fixtures, Fittings & Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	111,240	13,158	15,169	362,144	501,711
Additions	-	-	-	235	235

As at 31 March 2025	111,240	13,158	15,169	362,379	501,946

Depreciation
As at 1 April 2024	74,909	1,053	12,469	335,617	424,048
Provided during the period	11,124	526	675	6,691	19,016

As at 31 March 2025	86,033	1,579	13,144	342,308	443,064

Net Book Value
As at 31 March 2025	25,207	11,579	2,025	20,071	58,882

As at 1 April 2024	36,331	12,105	2,700	26,527	77,663

6. Stocks

	2025	2024
	£	£
Materials	85,884	79,522

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	158,881	130,412

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	2,814	2,584
Trade creditors	113,556	111,301
Bank loans and overdrafts	45,564	56,650
Other creditors	116,417	127,550
Taxation and social security	114,645	76,241

	392,996	374,326

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	4,810	7,624
Bank loans	9,365	21,943

	14,175	29,567

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Stanley Morton and Son Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

10. Secured Creditors

Of the creditors falling due within and after more than one year the following amounts are secured, over the assets to which they relate.

	2025		2024
	£		£
Net obligations under finance lease and hire purchase contracts	7,624		10,208

11. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	2,814	2,584
Later than one year and not later than five years	4,810	7,624

	7,624	10,208

	7,624	10,208

12. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

13. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	4,170	10,590
Later than one year and not later than five years	-	4,170

	4,170	14,760

14. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Thomas Morton	75,763	29,970	(26,590 )	-	79,143

The above loan has interest charged at a rate of 2.25% per annum, the loan is unsecured and repayable on demand.

15. Related Party Transactions

The director, T Morton, has personally guaranteed the overdraft for the business current account.

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