Company Registration No. 12567260 (England and Wales)
Country Stoves and Sweeps Ltd
Unaudited accounts
for the year ended 31 March 2025
Country Stoves and Sweeps Ltd
Statement of financial position
as at 31 March 2025
Intangible assets
1,196
3,588
Tangible assets
9,104
12,709
Cash at bank and in hand
190
6,181
Creditors: amounts falling due within one year
(47,083)
(55,600)
Net current liabilities
(7,070)
(12,240)
Total assets less current liabilities
3,230
4,057
Creditors: amounts falling due after more than one year
-
(1,056)
Provisions for liabilities
Deferred tax
(1,659)
(2,307)
Called up share capital
100
100
Profit and loss account
1,471
594
Shareholders' funds
1,571
694
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 December 2025 and were signed on its behalf by
Mr J Biggs
Director
Company Registration No. 12567260
Country Stoves and Sweeps Ltd
Notes to the Accounts
for the year ended 31 March 2025
Country Stoves and Sweeps Ltd is a private company, limited by shares, registered in England and Wales, registration number 12567260. The registered office is The Pavilion, Kingfisher Way, Hinchingbrooke Business Park, Huntingdon, Cambs, PE29 6FN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Computer equipment
33% Straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Country Stoves and Sweeps Ltd
Notes to the Accounts
for the year ended 31 March 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
22,692
2,414
25,106
At 31 March 2025
22,692
2,414
25,106
At 1 April 2024
10,858
1,539
12,397
Charge for the year
3,106
499
3,605
At 31 March 2025
13,964
2,038
16,002
At 31 March 2025
8,728
376
9,104
At 31 March 2024
11,834
875
12,709
Amounts falling due within one year
Other debtors
28,647
34,639
Country Stoves and Sweeps Ltd
Notes to the Accounts
for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
1,056
2,535
Taxes and social security
36,695
27,026
Other creditors
9,332
5,933
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
1,056
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan advanced during the year. Interest is charged at the prevailing rate.
33,367
23,527
33,367
23,527
33,367
23,527
33,367
23,527
10
Average number of employees
During the year the average number of employees was 3 (2024: 3).