REGISTERED NUMBER: 08371975 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

STANBROOK & NICHOLSON (COMMERCIAL)

LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr B J Stanbrook

Mr S R Nicholson

REGISTERED OFFICE:

59 Central Ave

Molesey

West Molesey

KT8 2RF

REGISTERED NUMBER:

08371975 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

Unit 2.02 High Weald House

Glovers End, Bexhill,

East Sussex,

United Kingdom

TN39 5ES

FIXED ASSETS

Intangible assets

4

81,044

85,877

Tangible assets

5

699,390

761,070

780,434

846,947

CURRENT ASSETS

Stocks

284,912

273,955

Debtors

6

370,902

199,193

Cash at bank

18,619

10,386

674,433

483,534

CREDITORS

Amounts falling due within one year

7

667,597

690,196

NET CURRENT ASSETS/(LIABILITIES)

6,836

(206,662

)

TOTAL ASSETS LESS CURRENT LIABILITIES

787,270

640,285

CREDITORS

Amounts falling due after more than one year

8

(437,500

)

(468,172

)

PROVISIONS FOR LIABILITIES

9

(61,222

)

(35,140

)

NET ASSETS

288,548

136,973

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

288,546

136,971

SHAREHOLDERS' FUNDS

288,548

136,973

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by:

Mr B J Stanbrook - Director

1.	STATUTORY INFORMATION

Stanbrook & Nicholson (Commercial) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

SIGNIFICANT JUDGEMENTS AND ESTIMATES

In preparing the financial statements, the directors are required to make estimates and judgments about the carrying amounts of assets and liabilities. The estimates and assumptions are reviewed on an ongoing basis and are based on historical experience and other factors that are considered by the directors to be relevant. Revision to accounting estimates are recognised in the period in which the estimate is revised.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised using reducing balance method over its estimated useful life of ten years.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

STOCKS

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 items.

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.

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 (Section 1A) to all of its financial instruments.

Financial instruments are recognized in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognized amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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 unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of 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.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from fellow group companies that are classified as debt, are initially recognized at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payment discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors greater than one year are recognized initially at transaction price and subsequently measured at amortised cost using the effective interest method.

TAXATION

Tax is recognised in the income statement which comprises current and deferred tax.

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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

FINANCE LEASE

Finance leases are recognized as assets and liabilities in the balance sheet at the inception of the lease term. A finance lease is a lease that transfers substantially all the risks and rewards incidental to ownership of an asset to the lessee.

(i) Recognition and Measurement:

Finance lease assets are initially recognized at the lower of the fair value of the leased asset and the present value of the minimum lease payments. Finance lease liabilities are recognized at the present value of the minimum lease payments, discounted using the interest rate implicit in the lease or, if not readily determinable, the lessee's incremental borrowing rate.

(ii) Subsequent Measurement:

Finance lease assets are subsequently measured at cost less accumulated depreciation and impairment losses. Depreciation is charged over the shorter of the estimated useful life of the asset or the lease term.

Finance lease liabilities are subsequently measured at amortized cost using the effective interest method. The finance charge is allocated over the lease term, and the carrying amount of the liability is increased to reflect the finance cost incurred and reduced by the principal payments made.

(iii) Interest and Depreciation:

The interest expense related to finance lease liabilities is recognized in the income statement using the effective interest method over the lease term. The depreciation expense for assets held under finance leases is recognized in the income statement on a systematic basis over the shorter of the estimated useful life of the asset or the lease term.

CHANGE IN SHAREHOLDING

During the financial year, there were changes in the shareholding of the Company. The changes resulted from the transfer/allotment of shares among existing shareholders and/or new shareholders. As of the reporting date, the updated shareholding structure is as follows:

Previous shareholding (as at 07/01/2025):

Benjamin John Stanbrook - 25%

Simon Richard Nicholson - 25%

Hayley Nicholson - 25%

Jodie Stanbrook - 25%

Current shareholding (as at 31/03/2025):

Nicholson Holding -50%

Jb Stanbrook - 50% date of execution of contract 08th Jan, 2025

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

Cost

At 1 April 2024

97,683

Additions

3,851

At 31 March 2025

101,534

Amortisation

At 1 April 2024

11,806

Amortisation for year

8,684

At 31 March 2025

20,490

Net book value

At 31 March 2025

81,044

At 31 March 2024

85,877

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 April 2024

823,201

1,580

32,495

7,022

864,298

Additions

-

-

19,415

-

19,415

At 31 March 2025

823,201

1,580

51,910

7,022

883,713

Depreciation

At 1 April 2024

87,288

1,009

10,498

4,433

103,228

Charge for year

73,592

143

6,713

647

81,095

At 31 March 2025

160,880

1,152

17,211

5,080

184,323

Net book value

At 31 March 2025

662,321

428

34,699

1,942

699,390

At 31 March 2024

735,913

571

21,997

2,589

761,070

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

Cost

At 1 April 2024

732,692

24,000

756,692

Additions

-

19,415

19,415

At 31 March 2025

732,692

43,415

776,107

Depreciation

At 1 April 2024

70,466

4,747

75,213

Charge for year

66,223

6,026

72,249

At 31 March 2025

136,689

10,773

147,462

Net book value

At 31 March 2025

596,003

32,642

628,645

At 31 March 2024

662,226

19,253

681,479

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

162,356

139,767

Amounts owed by group undertakings

88,780

40,109

Advance to suppliers

-

4,875

Other debtors

-

2,069

Directors' current accounts

19,072

-

VAT

18,918

6,696

Accrued income

2,713

-

Prepayments

79,063

5,677

370,902

199,193

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

94,136

113,255

Trade creditors

201,877

137,001

Taxation and social security

44,949

104,831

Other creditors

326,635

335,109

667,597

690,196

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

387,670

453,241

Other creditors

49,830

14,931

437,500

468,172

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

61,222

35,140

Deferred

tax

£

Balance at 1 April 2024

35,140

Provided during year

26,082

Balance at 31 March 2025

61,222

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2,000

Ordinary Shares

£0.00

1

2

2