REGISTERED NUMBER: 12731452 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

STENERGY (WORCESTER) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S Harrison Jnr

Ms K Walton

K Warburton

REGISTERED OFFICE:

The Porthouse

75 Lowesmoor

Worcester

WR1 2RS

REGISTERED NUMBER:

12731452 (England and Wales)

ACCOUNTANTS:

Hayward Wright Ltd

4 Clews Road

Redditch

Worcestershire

B98 7ST

CURRENT ASSETS

Stocks

4

343,158

316,490

Debtors

5

150

150

Cash at bank

1,107

1,644

344,415

318,284

CREDITORS

Amounts falling due within one year

6

349,646

320,996

NET CURRENT LIABILITIES

(5,231

)

(2,712

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,231

)

(2,712

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(5,232

)

(2,713

)

(5,231

)

(2,712

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th November 2025 and were signed on its behalf by:

S Harrison Jnr - Director

1.	STATUTORY INFORMATION

Stenergy (Worcester) 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.

STOCKS

31/3/25

31/3/24

£

£

Work-in-progress

343,158

316,490

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

VAT

150

150

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

65,594

65,594

Amounts owed to group undertakings

137,969

111,569

Directors' current accounts

142,933

142,933

Accrued expenses

3,150

900

349,646

320,996

7.	RELATED PARTY DISCLOSURES

At 31 March 2024, the company owed £143,733 (2023: £101,733) to the Directors'. This balance is unsecured, interest free and repayable on demand.

At 31 March 2024, the company owed £17,173 (2023: £15,073) to Elgar Properties Worcs. Limited, £18,400 (2023: £4,600) to Marsten Developments Limited, £Nil (2023: £23,107) to Lowesmoor Wharf Developments Limited, £10,048 (2023: £3,048) to Sherriff's Gate Limited, £4,940 (2023: £nil) to Elgar Properties Martley Limited, and £2,900 (2023: £Nil) to Norton parkway Developments Limited. All companies are under the common control of the Harrison Family. Balances owed are unsecured, interest free and repayable on demand.