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Company Registration No. 01432310 (England and Wales)
Stuart James Systems Limited Unaudited accounts for the year ended 31 July 2025
Stuart James Systems Limited Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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Stuart James Systems Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
335,323
345,146
Investments
5
7,659
-
342,982
345,146
Current assets
Inventories
2,318
2,478
Cash at bank and in hand
30,446
82,021
32,764
84,499
Creditors: amounts falling due within one year
6
(17,847)
(33,115)
Net current assets
14,917
51,384
Net assets
357,899
396,530
Capital and reserves
Called up share capital
7
20,100
20,100
Revaluation reserve
310,651
319,151
Profit and loss account
27,148
57,279
Shareholders' funds
357,899
396,530
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 February 2026 and were signed on its behalf by
Dr M J Walker Director Company Registration No. 01432310
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Stuart James Systems Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Stuart James Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 01432310. The registered office is Willows End Sudbury Road, Yoxall, Burton On Trent, DE13 8PQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% straight line
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Stuart James Systems Limited Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2024
425,000
9,251
6,725
8,151
449,127
Disposals
-
(9,251)
-
-
(9,251)
At 31 July 2025
425,000
-
6,725
8,151
439,876
Depreciation
At 1 August 2024
85,000
9,251
1,725
8,005
103,981
Charge for the year
8,500
-
1,250
73
9,823
On disposals
-
(9,251)
-
-
(9,251)
At 31 July 2025
93,500
-
2,975
8,078
104,553
Net book value
At 31 July 2025
331,500
-
3,750
73
335,323
At 31 July 2024
340,000
-
5,000
146
345,146
5
Investments
Other investments
£
Valuation at 1 August 2024
-
Additions
7,659
Valuation at 31 July 2025
7,659
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
2,146
6,627
Trade creditors
13,754
6,357
Taxes and social security
-
1,435
Loans from directors
497
16,801
Accruals
1,450
1,895
17,847
33,115
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
18,100 Ordinary shares of £1 each
18,100
18,100
2,000 Ordinary 'A' shares of £1 each
2,000
2,000
20,100
20,100
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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