REGISTERED NUMBER: 06682281 (England and Wales)

STACKPOLE EUROPE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

-

2,069

Investments

5

2,629

-

2,629

2,069

CURRENT ASSETS

Stocks

3,165

3,165

Debtors

6

43,416

55,523

Cash at bank

10,269

4,196

56,850

62,884

CREDITORS

Amounts falling due within one year

7

321,415

256,419

NET CURRENT LIABILITIES

(264,565

)

(193,535

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(261,936

)

(191,466

)

PROVISIONS FOR LIABILITIES

-

393

NET LIABILITIES

(261,936

)

(191,859

)

CAPITAL AND RESERVES

Called up share capital

99

99

Retained earnings

(262,035

)

(191,958

)

SHAREHOLDERS' FUNDS

(261,936

)

(191,859

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2026 and were signed on its behalf by:

J T Barford - Director

1.	STATUTORY INFORMATION

Stackpole Europe Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06682281

Registered office:

Unit 6 Nash Hall

The Street

High Ongar

Essex

CM5 9NL

The presentation currency of the financial statements is the Pound Sterling (£).

2.	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.

Going concern

The directors have a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements are prepared on the going concern basis.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.

Turnover

Turnover is derived from wholesales of electronics and telecommunications equipment and parts and is recognised when the goods are delivered to the customer. Turnover is recorded at the fair value of the consideration received or receivable, and excludes value added tax and rebates.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Foreign currencies

Transactions in foreign currencies are recorded at the rate ruling the date of the transaction. Monetary assets and liabilities denominated in foreign currencies translated at exchange rate ruling at the balance sheet date. All differences are taken to the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 August 2024

20,588

Disposals

(20,588

)

At 31 July 2025

-

DEPRECIATION

At 1 August 2024

18,519

Charge for year

2,069

Eliminated on disposal

(20,588

)

At 31 July 2025

-

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

2,069

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

2,629

At 31 July 2025

2,629

NET BOOK VALUE

At 31 July 2025

2,629

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade debtors

43,318

50,371

Other debtors

98

5,152

43,416

55,523

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade creditors

63,869

46,508

Amounts owed to group undertakings

254,172

206,750

Taxation and social security

1,653

1,349

Other creditors

1,721

1,812

321,415

256,419

8.	ULTIMATE CONTROLLING PARTY

The ultimate parent company of Stackpole Europe Limited is VTM Aventura Limited which is incorporated in England and Wales.

The registered office of the ultimate parent company is Unit 6 Nash Hall, The Street, High Ongar, Essex, England, CM5 9NL

The parent company, VTM Aventura Limited has not prepared group accounts as it is exempted from the requirement to do so by Section 398 of the Companies Act 2006. The company meets the qualifying conditions for a small sized group as laid down in section 398 of the Act.