Company registration number 05785761 (England and Wales)
STEPHEN MAUDE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
STEPHEN MAUDE LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
STEPHEN MAUDE LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
30 APRIL 2025
30 April 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
295,328
320,004
Current assets
Stocks
3,002
2,992
Debtors
4
27,121
31,222
Cash at bank and in hand
208,020
260,467
238,143
294,681
Creditors: amounts falling due within one year
5
(66,947)
(183,564)
Net current assets
171,196
111,117
Total assets less current liabilities
466,524
431,121
Provisions for liabilities
(73,832)
(67,201)
Net assets
392,692
363,920
Capital and reserves
Called up share capital
6
200
200
Profit and loss reserves
392,492
363,720
Total equity
392,692
363,920

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

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.

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.

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.

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

The financial statements were approved by the board of directors and authorised for issue on 15 January 2026 and are signed on its behalf by:
Mrs D Maude
Director
Company registration number 05785761 (England and Wales)
STEPHEN MAUDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
- 2 -
1
Accounting policies
Company information

Stephen Maude Limited is a private company limited by shares incorporated in England and Wales. The registered office is Derwell House, Harmire Road, Barnard Castle, Co Durham, DL12 8QJ.

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 it the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

1.2
Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplies and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on dispatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

1.3
Tangible fixed assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery
15% reducing balance
Office equipment
15% reducing balance
Motor vehicles
15% reducing balance
1.4
Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

STEPHEN MAUDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Financial instruments
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using that tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

2
Employees

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

2025
2024
Number
Number
Total
8
8
STEPHEN MAUDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 4 -
3
Tangible fixed assets
Plant and machinery
Office equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 May 2024
27,445
757
725,035
753,237
Additions
21,895
-
0
-
0
21,895
At 30 April 2025
49,340
757
725,035
775,132
Depreciation and impairment
At 1 May 2024
23,287
320
409,626
433,233
Depreciation charged in the year
1,444
66
45,061
46,571
At 30 April 2025
24,731
386
454,687
479,804
Carrying amount
At 30 April 2025
24,609
371
270,348
295,328
At 30 April 2024
4,158
437
315,409
320,004
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
24,120
28,646
Prepayments and accrued income
3,001
2,576
27,121
31,222
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
26,811
40,845
Corporation tax
21,540
11,345
Other taxation and social security
10,839
16,476
Other creditors
3,583
111,178
Accruals and deferred income
4,174
3,720
66,947
183,564
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
of £1 each
200
200
200
200
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