Stove World UK Limited

Stove World UK Limited Accountants' Report For the year ended 31 July 2025
Report to the directors on the preparation of the unaudited statutory accounts of Stove World UK Limited for the year ended 31 July 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Stove World UK Limited for the year ended 31 July 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/. This report is made solely to the Board of Directors of Stove World UK Limited, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Stove World UK Limited and state those matters that we have agreed to state to the Board of Directors of Stove World UK Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stove World UK Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Stove World UK Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Stove World UK Limited. You consider that Stove World UK Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Stove World UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 31 July 2025. Dove Marsh & Jones 1 Andromeda House Calleva Park Aldermaston Berkshire RG7 8AP 23 April 2026 2

Stove World UK Limited
Accountants' Report
For the year ended 31 July 2025

Report to the directors on the preparation of the unaudited statutory accounts of Stove World UK Limited for the year ended 31 July 2025.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Stove World UK Limited for the year ended 31 July 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of Stove World UK Limited, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Stove World UK Limited and state those matters that we have agreed to state to the Board of Directors of Stove World UK Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stove World UK Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Stove World UK Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Stove World UK Limited. You consider that Stove World UK Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Stove World UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
31 July 2025.

Dove Marsh & Jones
1 Andromeda House
Calleva Park
Aldermaston
Berkshire
RG7 8AP
23 April 2026

Stove World UK Limited
Statement of Financial Position
As at 31 July 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	-	1,250
Tangible fixed assets	4	100,938	128,195
		100,938	129,445
Current assets
Stocks	5	1,509,433	1,395,137
Debtors	6	1,096,631	1,137,286
Cash at bank and in hand		544,642	480,935
		3,150,706	3,013,358
Creditors: amount falling due within one year	7	(916,812)	(1,548,414)
Net current assets		2,233,894	1,464,944

Total assets less current liabilities		2,334,832	1,594,389
Provisions for liabilities	8	(22,688)	(29,423)
Net assets		2,312,144	1,564,966

Capital and reserves
Called up share capital		1	1
Profit and loss account		2,312,143	1,564,965
Shareholders' funds		2,312,144	1,564,966

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the director on 23 April 2026 and were signed by:

-------------------------------
Mr K Thompson
Director

Stove World UK Limited
Notes to the Financial Statements
For the year ended 31 July 2025

General Information

Stove World UK Limited is a private company, limited by shares, registered in England and Wales, registration number 07055981, registration address Unit 22 Folly Farm, Kingsclere Road, Tadley, Hampshire, RG26 5GJ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
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.
Current and deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	25% Reducing Balance
Computer Equipment	25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 10 (2024 : 8).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 August 2024	50,000	50,000
Additions	-	-
Disposals	-	-
At 31 July 2025	50,000	50,000
Amortisation
At 01 August 2024	48,750	48,750
Charge for year	1,250	1,250
On disposals	-	-
At 31 July 2025	50,000	50,000
Net book values
At 31 July 2025	-	-
At 31 July 2024	1,250	1,250

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Improvements to property	Total
	£	£	£	£	£	£
At 01 August 2024	78,963	104,027	27,975	42,247	25,966	279,178
Additions	2,950	-	-	1,315	-	4,265
Disposals	-	-	-	-	-	-
At 31 July 2025	81,913	104,027	27,975	43,562	25,966	283,443
Depreciation
At 01 August 2024	61,999	27,889	15,173	29,369	16,554	150,984
Charge for year	4,794	19,035	3,200	3,395	1,097	31,521
On disposals	-	-	-	-	-	-
At 31 July 2025	66,793	46,924	18,373	32,764	17,651	182,505
Net book values
Closing balance as at 31 July 2025	15,120	57,103	9,602	10,798	8,315	100,938
Opening balance as at 01 August 2024	16,964	76,138	12,802	12,878	9,413	128,195

The net book value of Improvements to property includes £ 8,315 (2024 £9,412) in respect of assets leased under finance leases or hire purchase contracts.

Stocks

	2025 £		2024 £
Stocks	1,509,433		1,395,137
	1,509,433		1,395,137

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	18,210	-
Prepayments & Accrued Income	215,119	328,537
Other Debtors	779,732	808,749
Corporation Tax	83,570	-
	1,096,631	1,137,286

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	324,199	513,445
Corporation Tax	-	137,949
PAYE & Social Security	386,978	382,531
Other Creditors	17,292	321,436
Directors' Current Accounts	2,447	28
VAT	185,896	193,025
	916,812	1,548,414

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	22,688		29,423
	22,688		29,423

Registered Number: 07055981
England and Wales
STOVE WORLD UK LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 August 2024 End date: 31 July 2025