Registration number: 07527757

Cheshire Stoves and Fires Limited

Contents

Statement of Financial Position	1 to 2
Notes to the Financial Statements	3 to 6

Cheshire Stoves and Fires Limited

(Registration number: 07527757)
Statement of Financial Position as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	38,172	21,763
Current assets
Stocks	5	22,263	27,495
Debtors	6	6,734	11,431
Cash at bank and in hand		120,315	114,723
		149,312	153,649
Creditors: Amounts falling due within one year	7	(96,453)	(114,088)
Net current assets		52,859	39,561
Total assets less current liabilities		91,031	61,324
Provisions for liabilities		(9,543)	(5,441)
Net assets		81,488	55,883
Capital and reserves
Called up share capital		100	100
Retained earnings		81,388	55,783
Shareholders' funds		81,488	55,883

Cheshire Stoves and Fires Limited

(Registration number: 07527757)
Statement of Financial Position as at 31 March 2025

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 14 October 2025 and signed on its behalf by:
 

L V Cobbledick Director

D K Cobbledick Director

Cheshire Stoves and Fires Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
C/o Beever and Struthers
One Express
1 George Leigh Street
Manchester
M4 5DL
England

These financial statements were authorised for issue by the Board on 14 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cheshire Stoves and Fires Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office furniture and equipment	20% and 33% straight line
Motor vehicles	25% reducing balance
Tools and equipment	20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

Cheshire Stoves and Fires Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Tools and office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	6,765	39,601	46,366
Additions	2,015	26,991	29,006
Disposals	-	(23,106)	(23,106)
At 31 March 2025	8,780	43,486	52,266
Depreciation
At 1 April 2024	5,793	18,810	24,603
Charge for the year	698	5,198	5,896
Eliminated on disposal	-	(16,405)	(16,405)
At 31 March 2025	6,491	7,603	14,094
Carrying amount
At 31 March 2025	2,289	35,883	38,172
At 31 March 2024	972	20,791	21,763

5

Stocks

	2025 £	2024 £
Other inventories	22,263	27,495

6

Debtors

Current	2025 £	2024 £
Trade debtors	3,647	9,511
Prepayments	3,001	1,700
Other debtors	86	220
	6,734	11,431

Cheshire Stoves and Fires Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	25,839	41,396
Accruals and deferred income	2,850	9,942
Other creditors	67,764	62,750
	96,453	114,088