STENT PROJECTS LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 06450828

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets			36,301		5,740

			36,301		5,740
CURRENT ASSETS
Stocks	4	25,000		320,000
Debtors	5	511,442		110,930
Cash at bank and in hand		1,996,655		1,311,329

		2,533,097		1,742,259
Creditors: Amounts Falling Due Within One Year		(1,289,195 )		(1,279,262 )

NET CURRENT ASSETS (LIABILITIES)			1,243,902		462,997

TOTAL ASSETS LESS CURRENT LIABILITIES			1,280,203		468,737

Creditors: Amounts Falling Due After More Than One Year			(15,060 )		-

PROVISIONS FOR LIABILITIES
Deferred Taxation	7		(9,075 )		-

NET ASSETS			1,256,068		468,737

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			1,255,968		468,637

SHAREHOLDERS' FUNDS			1,256,068		468,737

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STENT PROJECTS LIMITED

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 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

Mr William Rose

Director

08/01/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Stent Projects Limited Registered number 06450828 is a limited by shares company incorporated in England and Wales. The Registered Office is 10 Carlton Close, London, NW3 7UA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Plant & Machinery	25% Reducing Balance Basis
Motor Vehicles	25% Reducing Balance Basis
Computer Equipment	25% Reducing Balance Basis

2.4. 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.

2.5. 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.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the Balance Sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balanceSheet date.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit & Loss Account, directors report, and notes to the financial statements relating to the Profit & Loss Account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 3)

4. Stocks

	2024	2023
	£	£
Work in progress	25,000	320,000

Work in Progress has been valued by the Director in relation to Work, Stock and Proportion of overheads incurred up to the Year End and Invoiced after the Balance Sheet date.

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STENT PROJECTS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	9,312	99,653
Other debtors	26,758	11,277
VAT	33,554	-
Amounts owed by associates	441,818	-

	511,442	110,930

6. Obligations Under Finance Leases and Hire Purchase

	2024	2023
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	12,200	-
Later than one year and not later than five years	15,060	-

	27,260	-

	27,260	-

7. Deferred Taxation

The provision for deferred tax is made up as follow:

Tax related to the difference between the current value at the date of the Balance Sheet and the Costs related as carried forward in the Corporation Tax Return

	2024	2023
	£	£
Other timing differences	9,075	-

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

9. Dividends

	2024	2023
	£	£
On equity shares:
Final dividend paid	-	60,000

Dividend of £60,000.00 was paid in respect of the year (2022 - £0)

10. Controlling Party

The company's controlling parties are Mr Willam Rose and Mrs Elaine Rose by virtue of his ownership of 50% eacgh of the issued share capital in the company.

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