Stage One Av Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10155177 (England and Wales)

Unaudited Financial Statements

for the Year Ended 29 April 2025

for

Stage One Av Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Khanna

REGISTERED OFFICE:

61 Bridge Street

Bridge Street

Kington

United Kingdom

HR5 3DJ

REGISTERED NUMBER:

10155177 (England and Wales)

Fixed assets

Tangible assets

3

8,316

8,114

Current assets

Cash at bank

151

1,387

Creditors

Amounts falling due within one year

4

(35,039

)

(25,714

)

Net current liabilities

(34,888

)

(24,327

)

Total assets less current liabilities

(26,572

)

(16,213

)

Capital and reserves

Called up share capital

100

Retained earnings

(26,672

)

(16,313

)

Shareholders' funds

(26,572

)

(16,213

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 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 29 April 2026 and were signed by:

S Khanna - Director

1.	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

Turnover 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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

GOING CONCERN

The financial statements have been prepared on a going concern basis, the directors believe this assumption to be appropriate based on the continuing financial support of the company's directors.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

3.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 30 April 2024

3,131

9,600

12,731

Additions

2,854

-

2,854

At 29 April 2025

5,985

9,600

15,585

DEPRECIATION

At 30 April 2024

2,817

1,800

4,617

Charge for year

702

1,950

2,652

At 29 April 2025

3,519

3,750

7,269

NET BOOK VALUE

At 29 April 2025

2,466

5,850

8,316

At 29 April 2024

314

7,800

8,114

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other creditors

2,070

915

Directors' current accounts

32,064

23,894

Accrued expenses

905

35,039

25,714