REGISTERED NUMBER: 04635750 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

STEPHENSON BROS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M J Stephenson

Mr A C Stephenson

SECRETARY:

Mrs K Stephenson

REGISTERED OFFICE:

Bridleway Farm

Church Lane

Bromeswell

WOODBRIDGE

Suffolk

IP12 2PJ

REGISTERED NUMBER:

04635750 (England and Wales)

ACCOUNTANTS:

Turner & Ellerby

5 Church Street

Framlingham

Woodbridge

Suffolk

IP13 9BQ

FIXED ASSETS

Tangible assets

4

13,037

17,112

CURRENT ASSETS

Debtors

5

23,246

29,520

Cash at bank

8,612

18,858

31,858

48,378

CREDITORS

Amounts falling due within one year

6

5,182

6,908

NET CURRENT ASSETS

26,676

41,470

TOTAL ASSETS LESS CURRENT LIABILITIES

39,713

58,582

PROVISIONS FOR LIABILITIES

7

2,500

3,300

NET ASSETS

37,213

55,282

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

37,211

55,280

SHAREHOLDERS' FUNDS

37,213

55,282

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2026 and were signed on its behalf by:

Mr M J Stephenson - Director

Mr A C Stephenson - Director

1.	STATUTORY INFORMATION

STEPHENSON BROS LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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

-

20% on reducing balance

Motor vehicles

-

20% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 February 2025

130,429

19,091

149,520

Disposals

(3,890

)

-

(3,890

)

At 31 January 2026

126,539

19,091

145,630

DEPRECIATION

At 1 February 2025

115,879

16,529

132,408

Charge for year

2,747

512

3,259

Eliminated on disposal

(3,074

)

-

(3,074

)

At 31 January 2026

115,552

17,041

132,593

NET BOOK VALUE

At 31 January 2026

10,987

2,050

13,037

At 31 January 2025

14,550

2,562

17,112

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

18,031

4,026

Directors' current accounts

-

15,451

Tax

5,215

10,043

23,246

29,520

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Tax

3,942

6,104

VAT

640

204

Accrued expenses

600

600

5,182

6,908

7.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

2,500

3,300

Deferred

tax

£

Balance at 1 February 2025

3,300

Credit to Income Statement during year

(800

)

Balance at 31 January 2026

2,500

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2026 and 31 January 2025:

2026

2025

£

£

Mr A C Stephenson and Mr M J Stephenson

Balance outstanding at start of year

15,451

29,755

Amounts repaid

(15,451

)

(14,304

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

15,451