Stephen Rayns Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 01425933

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,628,500		1,229,039

			1,628,500		1,229,039
CURRENT ASSETS
Stocks	5	52,670		45,525
Debtors	6	4,362		(33,078 )
Cash at bank and in hand		2,442		202,857

		59,474		215,304
Creditors: Amounts Falling Due Within One Year	7	(712,579 )		(850,963 )

NET CURRENT ASSETS (LIABILITIES)			(653,105 )		(635,659 )

TOTAL ASSETS LESS CURRENT LIABILITIES			975,395		593,380

Creditors: Amounts Falling Due After More Than One Year	8		(496,356 )		(506,587 )

NET ASSETS			479,039		86,793

CAPITAL AND RESERVES
Called up share capital	9		10,000		10,000
Revaluation reserve	10		1,591,605		1,191,605
Profit and Loss Account			(1,122,566 )		(1,114,812 )

SHAREHOLDERS' FUNDS			479,039		86,793

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Stephen Rayns Limited

Balance Sheet (continued)

As At 31 July 2025

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 member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Stephen Rayns

Director

29/04/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Stephen Rayns Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01425933 . The registered office is Barrowcliffe Farm, South Croxton Road, Queniborough, Leicester, LE7 3RX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No Depreciation
Leasehold	Not provided
Plant & Machinery	25% Reducing Balance
Motor Vehicles	33% Reducing Balance
Fixtures & Fittings	25% Reducing Balance
Computer Equipment	33.33% Straight Line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Stephen Rayns Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

4. Tangible Assets

	Land & Property
	Leasehold	Investment Properties	Plant & Machinery	Motor Vehicles
	£	£	£	£
Cost or Valuation
As at 1 August 2024	27,436	1,200,000	1,422	3,626
Revaluation	-	400,000	-	-

As at 31 July 2025	27,436	1,600,000	1,422	3,626

Depreciation
As at 1 August 2024	-	-	1,091	3,509
Provided during the period	-	-	82	39

As at 31 July 2025	-	-	1,173	3,548

Net Book Value
As at 31 July 2025	27,436	1,600,000	249	78

As at 1 August 2024	27,436	1,200,000	331	117


	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost or Valuation
As at 1 August 2024	5,789	832	1,239,105
Revaluation	-	-	400,000

As at 31 July 2025	5,789	832	1,639,105

Depreciation
As at 1 August 2024	5,004	462	10,066
Provided during the period	196	222	539

As at 31 July 2025	5,200	684	10,605

Net Book Value
As at 31 July 2025	589	148	1,628,500

As at 1 August 2024	785	370	1,229,039

5. Stocks

	2025	2024
	£	£
Finished goods	52,670	45,525

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	4,362	(33,078 )

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Stephen Rayns Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	12,037	446
Bank loans and overdrafts	13,273	13,273
Other taxes and social security	9,763	10,319
Net wages	1,629	-
Other creditors	1,500	1,500
Accruals and deferred income	12,793	11,654
Director's loan account	661,584	813,771

	712,579	850,963

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	496,356	506,587

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10,000	10,000

10. Reserves

	Revaluation Reserve
	£
As at 1 August 2024	1,191,605
Surplus on revaluation	400,000

As at 31 July 2025	1,591,605

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