B. STERNBERG & SONS LIMITED Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03134779

B. STERNBERG & SONS LIMITED

Filleted Unaudited Financial Statements

31 December 2025

B. STERNBERG & SONS LIMITED

Financial Statements

Year ended 31st December 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

B. STERNBERG & SONS LIMITED

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	4	1,933,993	1,933,993
Investments	5	200,000	200,000
		------------	------------
		2,133,993	2,133,993

Current assets

Debtors	6	–	53,009
Cash at bank and in hand		402,844	485,621
		---------	---------
		402,844	538,630

Creditors: amounts falling due within one year	7	889,354		871,562
		---------		---------
Net current liabilities			486,510		332,932
			------------		------------
Total assets less current liabilities			1,647,483		1,801,061
			------------		------------
Net assets			1,647,483		1,801,061
			------------		------------

Capital and reserves

Called up share capital	120,950	120,950
Share premium account	434,510	434,510
Profit and loss account	1,092,023	1,245,601
	------------	------------
Shareholders funds	1,647,483	1,801,061
	------------	------------

These 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 statement of income and retained earnings has not been delivered.

For the year ending 31st December 2025 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 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 financial statements .

B. STERNBERG & SONS LIMITED

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 3 August 2026 , and are signed on behalf of the board by:

H. J. Sternberg

Director

Company registration number: 03134779

B. STERNBERG & SONS LIMITED

Notes to the Financial Statements

Year ended 31st December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Benstern House, Elizabeth Street, Manchester, Lancashire, M8 8BB.

2. Statement of compliance

These 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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

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:

Fixtures and Fittings	-	15% reducing balance
Motor Vehicles	-	25% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

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.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Tangible assets

	Land and buildings	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1st January 2025 and 31st December 2025	1,933,993	226,675	29,702	2,190,370
	------------	---------	--------	------------
Depreciation
At 1st January 2025 and 31st December 2025	–	226,675	29,702	256,377
	------------	---------	--------	------------
Carrying amount
At 31st December 2025	1,933,993	–	–	1,933,993
	------------	---------	--------	------------
At 31st December 2024	1,933,993	–	–	1,933,993
	------------	---------	--------	------------

5. Investments

	Other investments other than loans
	£
Cost
At 1st January 2025 and 31st December 2025	200,000
	---------
Impairment
At 1st January 2025 and 31st December 2025	–
	---------

Carrying amount
At 31st December 2025	200,000
	---------
At 31st December 2024	200,000
	---------

6. Debtors

	2025	2024
	£	£
Other debtors	–	53,009
	----	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	860,376	836,124
Social security and other taxes	22,839	29,518
Other creditors	6,139	5,920
	---------	---------
	889,354	871,562
	---------	---------

8. Related party transactions

The company was under the control of H.J. Sternberg throughout the current and previous year. H.J. Sternberg is the managing director and majority shareholder.