REGISTERED NUMBER: 08509313 (England and Wales)

Financial Statements

for the Year Ended 30 April 2025

for

Stephens Premier Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D M Stephens

REGISTERED OFFICE:

9 Police Street

Manchester

M2 7LQ

REGISTERED NUMBER:

08509313 (England and Wales)

ACCOUNTANTS:

Archwood Accountants

Archwood House

46-48 Long Street

Middleton

Manchester

M24 6UQ

FIXED ASSETS

Property, plant and equipment

4

89,008

105,108

CURRENT ASSETS

Inventories

450,000

528,000

Debtors

5

17,681

24,056

Cash at bank

33,550

16,738

501,231

568,794

CREDITORS

Amounts falling due within one year

6

417,019

338,882

NET CURRENT ASSETS

84,212

229,912

TOTAL ASSETS LESS CURRENT LIABILITIES

173,220

335,020

CREDITORS

Amounts falling due after more than one year

7

(131,303

)

(113,233

)

PROVISIONS FOR LIABILITIES

-

(26,277

)

NET ASSETS

41,917

195,510

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

41,817

195,410

41,917

195,510

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 14 January 2026 and were signed by:

D M Stephens - Director

1.	STATUTORY INFORMATION

Stephens Premier 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

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

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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Inventories 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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 6 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 May 2024

181,629

5,000

186,629

Additions

29,942

-

29,942

Disposals

(50,990

)

-

(50,990

)

At 30 April 2025

160,581

5,000

165,581

DEPRECIATION

At 1 May 2024

78,765

2,756

81,521

Charge for year

29,168

740

29,908

Eliminated on disposal

(34,856

)

-

(34,856

)

At 30 April 2025

73,077

3,496

76,573

NET BOOK VALUE

At 30 April 2025

87,504

1,504

89,008

At 30 April 2024

102,864

2,244

105,108

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 May 2024

130,639

Additions

29,942

At 30 April 2025

160,581

DEPRECIATION

At 1 May 2024

43,909

Charge for year

29,168

At 30 April 2025

73,077

NET BOOK VALUE

At 30 April 2025

87,504

At 30 April 2024

86,730

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

-

22,000

Other debtors

454

2,056

Tax

17,227

-

17,681

24,056

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

52,507

25,185

Hire purchase contracts

21,449

23,610

Trade creditors

303,035

229,959

Tax

-

18,767

Social security and other taxes

3,298

2,987

Pension creditor

2,001

983

VAT

31,928

35,157

Directors' current accounts

501

144

Accrued expenses

2,300

2,090

417,019

338,882

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans - 1-2 years

33,197

23,398

Bank loans - 2-5 years

30,891

5,404

Hire purchase contracts

67,215

84,431

131,303

113,233

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

£

Hire purchase contracts

88,664

108,041