Stairway Distribution Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 02706095

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Stocks	5	17,037		17,365
Cash at bank and in hand		4,444		2,480

		21,481		19,845
Creditors: Amounts Falling Due Within One Year	6	(139,592 )		(137,632 )

NET CURRENT ASSETS (LIABILITIES)			(118,111 )		(117,787 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(118,111 )		(117,787 )

NET LIABILITIES			(118,111 )		(117,787 )

CAPITAL AND RESERVES
Called up share capital	7		2		2
Profit and Loss Account			(118,113 )		(117,789 )

SHAREHOLDERS' FUNDS			(118,111)		(117,787)

For the year ending 29 October 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Malcolm Dickinson

Director

27/07/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Stairway Distribution Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02706095 . The registered office is 115 Inmans Road, Hedon, East Yorkshire, HU12 8HU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Significant judgements and estimations

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors’ best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

2.3. Turnover

Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered, net of returns, discounts and rebates allowed by the group and value added taxes.

The company recognises revenue when the significant risks and rewards of ownership have been transferred to the buyer; the company retains no continuing involvement or control over the goods; the amount of revenue can be measured reliably; it is probable that future economic benefits will flow to the entity and when the specific criteria relating to each of the company's sales channels have been met, as described below.

The company offers T'ai Chi retreats, along with the sale of instruction books and DVDs, and streaming income for T'ai Chi instruction. Sales of goods are recognised on sale to the customer, which is considered the point of delivery. The income from retreats and streaming services are recognised on delivery of the service.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	20% on cost
Computer Equipment	20% on cost

2.5. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Financial Instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measure at their settlement value.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Stairway Distribution Limited

Notes to the Financial Statements (continued)

For The Year Ended 29 October 2025

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 30 October 2024	6,730	4,464	11,194

As at 29 October 2025	6,730	4,464	11,194

Depreciation
As at 30 October 2024	6,730	4,464	11,194

As at 29 October 2025	6,730	4,464	11,194

Net Book Value
As at 29 October 2025	-	-	-

As at 30 October 2024	-	-	-

5. Stocks

	2025	2024
	£	£
Stock	17,037	17,365

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	139,592	137,632

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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