Stubbins and Hope Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04623631

Stubbins and Hope Limited

Filleted Unaudited Abridged Financial Statements

31 March 2026

Stubbins and Hope Limited

Abridged Financial Statements

Year Ended 31 March 2026

Contents	Pages

Abridged statement of financial position	1 to 2

Notes to the abridged financial statements	3 to 6

Stubbins and Hope Limited

Abridged Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed Assets

Intangible assets	5	120,000	120,000
Tangible assets	6	221,388	252,243
		---------	---------
		341,388	372,243

Current Assets

Stocks	8,500	8,500
Debtors	89,266	56,597
Cash at bank and in hand	596,635	399,829
	---------	---------
	694,401	464,926

Creditors: amounts falling due within one year	229,038		149,370
	---------		---------
Net Current Assets		465,363	315,556
		---------	---------
Total Assets Less Current Liabilities		806,751	687,799

Provisions

Taxation including deferred tax	39,575	46,467
	---------	---------
Net Assets	767,176	641,332
	---------	---------

Stubbins and Hope Limited

Abridged Statement of Financial Position (continued)

31 March 2026

	2026		2025
Note	£	£	£

Capital and Reserves

Called up share capital	7	3	3
Profit and loss account		767,173	641,329
		---------	---------
Shareholders Funds		767,176	641,332
		---------	---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

These abridged financial statements were approved by the board of directors and authorised for issue on 17 July 2026 , and are signed on behalf of the board by:

Mr S R Hope
Director

Company registration number: 04623631

Stubbins and Hope Limited

Notes to the Abridged Financial Statements

Year Ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 93-97 Saltergate, Chesterfield, Derbyshire, S40 1LA. The company's place of business is 55 High Street, Bolsover, Chesterfield, Derbyshire, S44 6HF.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. All of the members have consented to the preparation of abridged accounts in accordance with Section 444(2A) of the Companies Act 2006.

Revenue recognition

The turnover in the profit and loss account represents amounts earned during the year.

Income tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Goodwill

The FRS102 and Companies Act 2006 require goodwill to be amortised. However the directors feel that this does not show a true and fair view of the value of the company's assets due to the nature of the business, the stability of the industry and the typical lifespan of the products to which the goodwill is attached. The directors therefore have opted for a departure. This is a departure from the FRS102 and the Companies Act 2006 as the directors feel that it will not show a true and fair view of the state of the affairs of the company.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	2% straight line
Fixtures, fittings & equipment	-	20% reducing balance
Motor vehicles	-	15% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 11 (2025: 11 ).

5. Intangible assets

	£
Cost
At 1 April 2025 and 31 March 2026	120,000
	---------
Amortisation
At 1 April 2025 and 31 March 2026	–
	---------
Carrying amount
At 31 March 2026	120,000
	---------
At 31 March 2025	120,000
	---------

6. Tangible assets

	£
Cost
At 1 April 2025 and 31 March 2026	630,625
	---------
Depreciation
At 1 April 2025	378,382
Charge for the year	30,855
	---------
At 31 March 2026	409,237
	---------
Carrying amount
At 31 March 2026	221,388
	---------
At 31 March 2025	252,243
	---------

7. Called up share capital

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary A shares of £ 0.01 each	105	1	105	1
Ordinary B shares of £ 0.01 each	105	1	105	1
Ordinary C shares of £ 0.01 each	45	–	45	–
Ordinary D shares of £ 0.01 each	45	–	45	–
	----	----	----	----
	300	3	300	3
	----	----	----	----

8. Directors' advances, credits and guarantees

There are no director's advances, credits or guarantees requiring disclosure .