REGISTERED NUMBER: 09164217 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

T. STACE & SONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T R Stace

N C Stace

T A Stace

REGISTERED OFFICE:

Pavilion View

19 New Road

Brighton

East Sussex

BN1 1EY

BUSINESS ADDRESS:

22 Hassocks Road

Hassocks

Hurstpierpoint

West Sussex

BN6 9QW

REGISTERED NUMBER:

09164217 (England and Wales)

ACCOUNTANTS:

Carpenter Box Limited

26 Stroudley Road

Brighton

East Sussex

BN1 4BH

FIXED ASSETS

Tangible assets

4

19,703

27,856

Investment property

5

3,335,000

3,335,000

3,354,703

3,362,856

CURRENT ASSETS

Debtors

6

124,362

24,454

Investments

7

109,109

93,661

Cash at bank

7,673

21,739

241,144

139,854

CREDITORS

Amounts falling due within one year

8

209,537

197,017

NET CURRENT ASSETS/(LIABILITIES)

31,607

(57,163

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,386,310

3,305,693

CREDITORS

Amounts falling due after more than one year

9

(162,575

)

(216,769

)

PROVISIONS FOR LIABILITIES

11

(232,956

)

(229,094

)

NET ASSETS

2,990,779

2,859,830

CAPITAL AND RESERVES

Called up share capital

12

637

637

Share premium

170,333

170,333

Non-distributable reserve

901,143

905,005

Retained earnings

1,918,666

1,783,855

SHAREHOLDERS' FUNDS

2,990,779

2,859,830

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 2 January 2026 and were signed on its behalf by:

T R Stace - Director

1.	STATUTORY INFORMATION

T. Stace & Sons Ltd 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 as modified by the revaluation of certain assets.

Turnover

Revenue is measured at fair value of the consideration received or receivable. Revenue is reduced for estimated customer rebates and other similar allowances.

Revenue represents the rental income received from the investment properties, excluding value added tax where applicable.

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Current asset investments

Current asset investments are stated at fair value.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 October 2024

and 30 September 2025

32,613

DEPRECIATION

At 1 October 2024

4,757

Charge for year

8,153

At 30 September 2025

12,910

NET BOOK VALUE

At 30 September 2025

19,703

At 30 September 2024

27,856

Fixed assets, included in the above, which are held under finance leases are as follows:

Motor

vehicles

£

COST

At 1 October 2024

and 30 September 2025

32,613

DEPRECIATION

At 1 October 2024

4,757

Charge for year

8,153

At 30 September 2025

12,910

NET BOOK VALUE

At 30 September 2025

19,703

At 30 September 2024

27,856

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

and 30 September 2025

3,335,000

NET BOOK VALUE

At 30 September 2025

3,335,000

At 30 September 2024

3,335,000

Investment properties were valued on an open market basis on 18th July 2017 by Porters Intrinsic Valuations and the directors have confirmed the value as at 30 September 2025 remains appropriate for the commercial properties. The directors have valued the residential property on an open market value basis as at 30 September 2025.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,805

8,917

Other debtors

122,557

15,537

124,362

24,454

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

109,109

93,661

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

48,438

45,761

Finance leases

6,071

5,558

Taxation and social security

36,870

21,040

Other creditors

118,158

124,658

209,537

197,017

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

153,097

201,220

Finance leases

9,478

15,549

162,575

216,769

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

201,535

246,981

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

232,956

229,094

Deferred

tax

£

Balance at 1 October 2024

229,094

Charge to Income Statement during year

3,862

Balance at 30 September 2025

232,956

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

147

A Ordinary

£1

147

147

490

B Ordinary

£1

490

490

637

637

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

2025

2024

£

£

T R Stace

Balance outstanding at start of year

(15,501

)

25,999

Amounts advanced

47,500

32,500

Amounts repaid

-

(74,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

31,999

(15,501

)

14.	RELATED PARTY DISCLOSURES

Included in Creditors: amounts due within one year at the balance sheet date is an amount due to the directors of £59,641(2024: £65,642).