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Company Registration No. 03309824 (England and Wales)
STACEY BUILDERS LIMITED Unaudited accounts for the year ended 31 March 2026
STACEY BUILDERS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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STACEY BUILDERS LIMITED Company Information for the year ended 31 March 2026
Directors
I K Green W S Stacey
Company Number
03309824 (England and Wales)
Registered Office
Mead House Little Mead Industrial Estate Cranleigh Surrey GU6 8ND
Accountants
Worthweld PT Limited 5 Field End Maresfield Uckfield East Sussex TN22 2DJ
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STACEY BUILDERS LIMITED Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
32,681
43,104
Current assets
Inventories
97,734
11,791
Debtors
5
193,532
191,084
Cash at bank and in hand
143,068
198,058
434,334
400,933
Creditors: amounts falling due within one year
6
(299,380)
(235,378)
Net current assets
134,954
165,555
Total assets less current liabilities
167,635
208,659
Creditors: amounts falling due after more than one year
7
(4,285)
(15,738)
Provisions for liabilities
Deferred tax
8
(3,462)
(8,190)
Net assets
159,888
184,731
Capital and reserves
Called up share capital
9
2
2
Profit and loss account
159,886
184,729
Shareholders' funds
159,888
184,731
For the year ending 31 March 2026 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 directors acknowledge their 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 of Directors and authorised for issue on 1 May 2026 and were signed on its behalf by
I K Green Director Company Registration No. 03309824
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STACEY BUILDERS LIMITED Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
STACEY BUILDERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03309824. The registered office is Mead House, Little Mead Industrial Estate, Cranleigh, Surrey, GU6 8ND.
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 financial statements have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, for work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% per anum on the reducing balance method
Motor vehicles
25% per anum on the reducing balance method
Stocks
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 items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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STACEY BUILDERS LIMITED Notes to the Accounts for the year ended 31 March 2026
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2025
37,366
126,355
163,721
At 31 March 2026
37,366
126,355
163,721
Depreciation
At 1 April 2025
30,293
90,324
120,617
Charge for the year
1,415
9,008
10,423
At 31 March 2026
31,708
99,332
131,040
Net book value
At 31 March 2026
5,658
27,023
32,681
At 31 March 2025
7,073
36,031
43,104
2026
2025
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
8,570
15,189
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
184,267
183,846
Accrued income and prepayments
2,009
2,067
Other debtors
7,256
5,171
193,532
191,084
6
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
6,681
9,500
VAT
14,968
41,922
Obligations under finance leases and hire purchase contracts
4,285
6,618
Trade creditors
242,678
160,035
Taxes and social security
28,743
15,503
Accruals
2,025
1,800
299,380
235,378
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STACEY BUILDERS LIMITED Notes to the Accounts for the year ended 31 March 2026
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
-
7,167
Obligations under finance leases and hire purchase contracts
4,285
8,571
4,285
15,738
8
Deferred taxation
2026
2025
£
£
Accelerated capital allowances
3,462
8,190
2026
2025
£
£
Provision at start of year
8,190
13,803
Credited to the profit and loss account
(4,728)
(5,613)
Provision at end of year
3,462
8,190
9
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Pension commitments
The Company operates a defined contribution pension scheme. The pension cost charge represents contributions payable by the Company in the year and amounted to £33444 (2024: £33046).
11
Operating lease commitments
2026
2025
£
£
At 31 March 2026 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
4,235
6,618
Later than one year and not later than five years
4,235
8,571
8,470
15,189
12
Transactions with related parties
The company is controlled by the directors who both have a 50% shareholding in the company. The Directors received dividends of £1000 each during the year on their ordinary shares in the company (2025: £1000). No other transactions required reporting during the year.
13
Average number of employees
During the year the average number of employees was 9 (2025: 10).
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