REGISTERED NUMBER: 14156525 (England and Wales)

Tavistock Stove and Fireplace Limited

Unaudited Financial Statements

for the Year Ended 30 June 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Horn

Mrs C Horn

SECRETARY:

REGISTERED OFFICE:

Parkfield

Lifton

Devon

PL16 0HD

REGISTERED NUMBER:

14156525 (England and Wales)

ACCOUNTANTS:

ATC Advisors

Chartered Accountants

Unit 2 Dunheved Court

Pennygillam Way

LAUNCESTON

Cornwall

PL15 7ED

FIXED ASSETS

Intangible assets

4

56,840

64,701

Tangible assets

5

49,012

17,661

105,852

82,362

CURRENT ASSETS

Stocks

103,643

116,325

Debtors

6

10,488

27,030

Cash at bank

162,539

109,986

276,670

253,341

CREDITORS

Amounts falling due within one year

7

67,092

109,284

NET CURRENT ASSETS

209,578

144,057

TOTAL ASSETS LESS CURRENT LIABILITIES

315,430

226,419

CREDITORS

Amounts falling due after more than one year

8

(18,226

)

-

PROVISIONS FOR LIABILITIES

(12,253

)

(4,415

)

NET ASSETS

284,951

222,004

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

284,851

221,904

284,951

222,004

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 January 2026 and were signed on its behalf by:

Mrs C Horn - Director

1.	STATUTORY INFORMATION

Tavistock Stove and Fireplace 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

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.

Web Site are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 July 2024

and 30 June 2025

77,300

525

77,825

AMORTISATION

At 1 July 2024

12,883

241

13,124

Charge for year

7,730

131

7,861

At 30 June 2025

20,613

372

20,985

NET BOOK VALUE

At 30 June 2025

56,687

153

56,840

At 30 June 2024

64,417

284

64,701

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

27,347

Additions

37,928

At 30 June 2025

65,275

DEPRECIATION

At 1 July 2024

9,686

Charge for year

6,577

At 30 June 2025

16,263

NET BOOK VALUE

At 30 June 2025

49,012

At 30 June 2024

17,661

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,988

23,106

Other debtors

2,500

3,924

10,488

27,030

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

4,079

5,447

Trade creditors

34,680

29,558

Taxation and social security

17,123

57,085

Other creditors

11,210

17,194

67,092

109,284

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

18,226

-