Stance Sets Ltd


Directors	Mr Robert Peter James Green
	Mr Matthew Spiteri


Registered Address	Unit 28 Radley Green Farm
	Radley Green
	Ingatestone
	CM4 0LU


Registered Number	13657315 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		164,034		144,639
			164,034		144,639
Current assets
Stocks	4	102,928		109,827
Debtors	5	365,097		434,548
Cash at bank and on hand		250,028		108,587
		718,053		652,962
Creditors amounts falling due within one year	6	(630,081)		(575,941)
Net current assets (liabilities)			87,972		77,021
Total assets less current liabilities			252,006		221,660
Creditors amounts falling due after one year	7		(155,573)		(140,353)
Provisions for liabilities	9		(41,008)		(27,482)
Net assets			55,425		53,825
Capital and reserves
Called up share capital			2		2
Profit and loss account			55,423		53,823
Shareholders' funds			55,425		53,825

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 13 July 2026, and are signed on its behalf by:

Mr Robert Peter James Green
Director
Registered Company No. 13657315

Stance Sets Ltd

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	20	-
Fixtures and fittings	20	-
Vehicles	20	-
Office Equipment	-	3

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	13		12

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 November 24	79,332	119,025	3,732	11,284	213,373
Additions	27,332	25,566	-	585	53,483
Disposals	(621)	-	-	-	(621)
At 31 October 25	106,043	144,591	3,732	11,869	266,235
Depreciation and impairment
At 01 November 24	17,686	42,849	1,478	6,721	68,734
Charge for year	15,628	15,235	451	2,164	33,478
On disposals	(11)	-	-	-	(11)
At 31 October 25	33,303	58,084	1,929	8,885	102,201
Net book value
At 31 October 25	72,740	86,507	1,803	2,984	164,034
At 31 October 24	61,646	76,176	2,254	4,563	144,639

4.	Stocks

	2025	2024
	£	£
Work in progress	93,034	101,827
Other stocks	9,894	8,000
Total	102,928	109,827

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	344,934	419,274
Other debtors	4,000	4,000
Prepayments and accrued income	16,163	11,274
Total	365,097	434,548

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	323,526	308,681
Bank borrowings and overdrafts	53,992	46,831
Taxation and social security	162,834	120,715
Finance lease and HP contracts	22,001	23,265
Other creditors	34,466	32,600
Accrued liabilities and deferred income	33,262	43,849
Total	630,081	575,941

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	62,880	54,643
Other creditors	92,693	85,710
Total	155,573	140,353

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	114,694		108,974

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	41,008	27,482
Total	41,008	27,482

10.	Directors advances, credits and guarantees
	During the year the following advances and credits were made to directors, Director 1, advances £75,552 (2024:£80,058) credits -£82,255 (2024: -£79,138), year end balance -£7,162 (2024 -£459). Director 2, advances £94,312 (2024:£79,138) credits -£82,255 (2024: -£78,531), year end balance -£1,464 (2024 -£13,521). Interest has been charged at 2.25% until 05/04/2025 and 3.75% from 06/04/2025.

10.

Directors advances, credits and guarantees

During the year the following advances and credits were made to directors, 

Director 1, advances £75,552 (2024:£80,058) credits -£82,255 (2024: -£79,138), year end balance    -£7,162 (2024 -£459). 
Director 2, advances £94,312 (2024:£79,138) credits -£82,255 (2024: -£78,531), year end balance    -£1,464 (2024 -£13,521). 

Interest has been charged at 2.25% until 05/04/2025 and 3.75% from 06/04/2025.