Company registration number 04230068 (England and Wales)
STX LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
STX LIMITED
BALANCE SHEET
AS AT 31 MAY 2025
31 May 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
22,153
29,534
Current assets
Stocks
4
5,608
4,393
Debtors
5
98,319
63,898
Cash at bank and in hand
240,777
177,131
344,704
245,422
Creditors: amounts falling due within one year
6
(74,960)
(57,949)
Net current assets
269,744
187,473
Total assets less current liabilities
291,897
217,007
Provisions for liabilities
(5,538)
(7,384)
Net assets
286,359
209,623
Capital and reserves
Called up share capital
8
200
200
Profit and loss reserves
286,159
209,423
Total equity
286,359
209,623
STX LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2025
31 May 2025
- 2 -

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

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his 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 and signed by the director and authorised for issue on 18 February 2026
Mr P Shaw
Director
Company Registration No. 04230068
STX LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
- 3 -
1
Accounting policies
Company information

STX Limited is a private company limited by shares incorporated in England and Wales. The registered office is Greenwood House, Greenwood Court, Skyliner Way, Bury St Edmunds, Suffolk, IP32 7GY.

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

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

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

Depreciation 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:

Plant & machinery
25% reducing balance
Fixtures and fittings
20% reducing balance
Motor vehicles
25% 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.

1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

STX LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

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.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
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.

STX LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 5 -
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.

1.9

Interest income

Interest income is recognised in profit or loss using the effective interest method.

1.10

Pensions

Defined Contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

2
Employees

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

2025
2024
Number
Number
Total
4
4
3
Tangible fixed assets
Plant & machinery
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
Cost
At 1 June 2024 and 31 May 2025
20,576
2,550
39,103
62,229
Depreciation and impairment
At 1 June 2024
13,837
2,506
16,352
32,695
Depreciation charged in the year
1,685
9
5,687
7,381
At 31 May 2025
15,522
2,515
22,039
40,076
Carrying amount
At 31 May 2025
5,054
35
17,064
22,153
At 31 May 2024
6,739
44
22,751
29,534
STX LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 6 -
4
Stocks
2025
2024
£
£
Stocks
5,608
4,393
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
95,728
60,862
Other debtors
387
387
Prepayments and accrued income
2,204
2,649
98,319
63,898
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
4,787
6,888
Corporation tax
39,343
25,308
Other taxation and social security
26,399
21,093
Accruals and deferred income
4,431
4,660
74,960
57,949
7
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
2025
2024
Balances:
£
£
Accelerated capital allowances
5,538
7,384
2025
Movements in the year:
£
Liability at 1 June 2024
7,384
Credit to profit or loss
(1,846)
Liability at 31 May 2025
5,538
STX LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 7 -
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A Shares of £1 each
100
100
100
100
Ordinary B Shares of £1 each
100
100
100
100
200
200
200
200
2025-05-31 2024-06-01 false false false 18 February 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr P Shaw 04230068 2024-06-01 2025-05-31 04230068 2025-05-31 04230068 2024-05-31 04230068 core:PlantMachinery 2025-05-31 04230068 core:FurnitureFittings 2025-05-31 04230068 core:MotorVehicles 2025-05-31 04230068 core:PlantMachinery 2024-05-31 04230068 core:FurnitureFittings 2024-05-31 04230068 core:MotorVehicles 2024-05-31 04230068 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-31 04230068 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 04230068 core:CurrentFinancialInstruments 2025-05-31 04230068 core:CurrentFinancialInstruments 2024-05-31 04230068 core:ShareCapital 2025-05-31 04230068 core:ShareCapital 2024-05-31 04230068 core:RetainedEarningsAccumulatedLosses 2025-05-31 04230068 core:RetainedEarningsAccumulatedLosses 2024-05-31 04230068 core:ShareCapitalOrdinaryShareClass1 2025-05-31 04230068 core:ShareCapitalOrdinaryShareClass1 2024-05-31 04230068 core:ShareCapitalOrdinaryShareClass2 2025-05-31 04230068 core:ShareCapitalOrdinaryShareClass2 2024-05-31 04230068 core:ShareCapitalOrdinaryShares 2025-05-31 04230068 core:ShareCapitalOrdinaryShares 2024-05-31 04230068 bus:Director1 2024-06-01 2025-05-31 04230068 core:PlantMachinery 2024-06-01 2025-05-31 04230068 core:FurnitureFittings 2024-06-01 2025-05-31 04230068 core:MotorVehicles 2024-06-01 2025-05-31 04230068 2023-06-01 2024-05-31 04230068 core:PlantMachinery 2024-05-31 04230068 core:FurnitureFittings 2024-05-31 04230068 core:MotorVehicles 2024-05-31 04230068 2024-05-31 04230068 bus:OrdinaryShareClass1 2024-06-01 2025-05-31 04230068 bus:OrdinaryShareClass2 2024-06-01 2025-05-31 04230068 bus:OrdinaryShareClass1 2025-05-31 04230068 bus:OrdinaryShareClass1 2024-05-31 04230068 bus:OrdinaryShareClass2 2025-05-31 04230068 bus:OrdinaryShareClass2 2024-05-31 04230068 bus:AllOrdinaryShares 2025-05-31 04230068 bus:AllOrdinaryShares 2024-05-31 04230068 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 04230068 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 04230068 bus:FRS102 2024-06-01 2025-05-31 04230068 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 04230068 bus:FullAccounts 2024-06-01 2025-05-31 xbrli:pure xbrli:shares iso4217:GBP