Company registration number 00628007 (England and Wales)
J.E. STACEY & CO. LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
J.E. STACEY & CO. LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
J.E. STACEY & CO. LIMITED
BALANCE SHEET
AS AT
30 APRIL 2025
30 April 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
225,957
241,791
Current assets
Stocks
150,302
93,317
Debtors
5
1,948,605
1,560,690
Cash at bank and in hand
911,334
960,768
3,010,241
2,614,775
Creditors: amounts falling due within one year
6
(907,061)
(874,419)
Net current assets
2,103,180
1,740,356
Total assets less current liabilities
2,329,137
1,982,147
Creditors: amounts falling due after more than one year
7
(20,526)
(35,921)
Provisions for liabilities
(43,726)
(44,472)
Net assets
2,264,885
1,901,754
Capital and reserves
Called up share capital
4,250
4,250
Capital redemption reserve
15,327
15,327
Profit and loss reserves
8
2,245,308
1,882,177
Total equity
2,264,885
1,901,754
J.E. STACEY & CO. LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2025
30 April 2025
- 2 -

For the financial year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 13 January 2026 and are signed on its behalf by:
Ms L Squire
Mr R J Stacey
Director
Director
Company registration number 00628007 (England and Wales)
J.E. STACEY & CO. LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
- 3 -
1
Accounting policies
Company information

J.E. Stacey & Co. Limited is a private company limited by shares incorporated in England and Wales. The registered office is Inceworth Building Works, Bodmin Street, Holsworthy, Devon, EX22 6BD.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recover ed.

1.3
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Software
3 Years
1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Plant and equipment
20% reducing balance
Motor vehicles
20% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Work in progress

Profit on long-term contracts is taken as the work carried out if the final outcome can be assessed with reasonable certainty. The profit included is calculated on a prudent basis to reflect the proportion of the work carried out at the year end, by recording turnover and related costs as contract activity progresses. Progress is determined by surveys of work preformed.

J.E. STACEY & CO. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.8
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.9
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
39
42
J.E. STACEY & CO. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 5 -
3
Intangible fixed assets
Software
£
Cost
At 1 May 2024 and 30 April 2025
3,135
Amortisation and impairment
At 1 May 2024 and 30 April 2025
3,135
Carrying amount
At 30 April 2025
-
0
At 30 April 2024
-
0
4
Tangible fixed assets
Plant and equipment
Motor vehicles
Total
£
£
£
Cost
At 1 May 2024
574,659
451,071
1,025,730
Additions
13,859
30,245
44,104
Disposals
(14,250)
(44,533)
(58,783)
At 30 April 2025
574,268
436,783
1,011,051
Depreciation and impairment
At 1 May 2024
498,058
285,881
783,939
Depreciation charged in the year
16,973
36,318
53,291
Eliminated in respect of disposals
(13,892)
(38,244)
(52,136)
At 30 April 2025
501,139
283,955
785,094
Carrying amount
At 30 April 2025
73,129
152,828
225,957
At 30 April 2024
76,601
165,190
241,791
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
549,920
110,780
Amounts owed by group undertakings
828,317
832,962
Amounts owed by undertakings in which the company has a participating interest
449,017
480,281
Other debtors
78,667
93,928
Prepayments and accrued income
42,684
42,739
1,948,605
1,560,690
J.E. STACEY & CO. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 6 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
310,609
209,193
Corporation tax
121,920
80,634
Other taxation and social security
336,937
195,211
Other creditors
137,595
389,381
907,061
874,419

Included within other creditors is £15,395 (202 4: £15,395) of hire purchase agreements that are secured against the assets to which they relate.

7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
20,526
35,921

Included within other creditors is £20,526 (202 4: £35,921) of hire purchase agreements that are secured against the assets to which they relate.

8
Profit and loss reserves
2025
2024
£
£
At the beginning of the year
1,882,177
1,659,181
Adjusted balance
1,882,177
1,659,181
Profit for the year
363,131
222,996
At the end of the year
2,245,308
1,882,177
J.E. STACEY & CO. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 7 -
9
Related party transactions

Tamar Trading Co. Limited

Four of the directors are also directors of Tamar Trading Co. Limited, which is a related company under common control. During the year, Tamar Trading Co. Limited supplied building materials totaling £485,708 (202 4: £451,150) to this company.

The company carried out building works for Tamar Trading Co. Limited of £71,925 (202 4: £220,057) during the the year.

The company also raised a management charge to Tamar Trading Co. Limited of £309,149 (20 24: £403,586).

At the year end, the company was owed £388,527 (202 4: £461,475) by Tamar Trading Co.Limited.

J.E.Stacey & Co. (Holdings) Limited

J.E.Stacey & Co. (Holdings) Limited charged rent to the company, which totalled £6,750 (202 4: £3,780).

At the year end, the company was owed £828,317 (202 4: £832,962) by J.E.Stacey & Co.(Holdings) Limited.

Tamar Land and Property Company Limited

At the year end, the company was owed £60,490 (202 4: £18,806 owes) to Tamar Land and Property Company Limited.

10
Directors' transactions

Dividends totalling £0 (2024 - £0) were paid in the year.

Directors and close family

During the year building work was carried out for the directors and their close family at cost, inclusive of appropriate proportions of overheads. Work carried out totalled £61,153 (202 4: £226,860) At the year end the directors and close family owed the company totalled £62,583 (2024: £51,330).

11
Parent company

The controlling party is J.E. Stacey & Co. (Holdings) Limited, the holding company.

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