Company registration number 07328874 (England and Wales)
STAGG DISTRIBUTORS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
STAGG DISTRIBUTORS LTD
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 5
STAGG DISTRIBUTORS LTD
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Non-current assets
Property, plant and equipment
3
305
410
Current assets
Trade and other receivables
4
53,715
54,843
Cash and cash equivalents
97,234
137,930
150,949
192,773
Current liabilities
5
(11,881)
(7,984)
Net current assets
139,068
184,789
Total assets less current liabilities
139,373
185,199
Provisions for liabilities
18,533
7,076
Net assets
157,906
192,275
Equity
Called up share capital
6
14
14
Capital redemption reserve
5
5
Retained earnings
157,887
192,256
Total equity
157,906
192,275

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 14 July 2026 and are signed on its behalf by:
Mr R J Anderson
Mr T Patel
Director
Director
Company Registration No. 07328874
STAGG DISTRIBUTORS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

Stagg Distributors Ltd is a private company limited by shares incorporated in England and Wales. The registered office is The Old Chapel, Manchester Road, Carrington, Manchester, M31 4BL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.3
Property, plant and equipment

Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of non-current assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

STAGG DISTRIBUTORS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 3 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

STAGG DISTRIBUTORS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or non-current assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 2 (2024 - 2).

2025
2024
Number
Number
Total
2
2
3
Property, plant and equipment
Plant and machinery etc
£
Cost
At 1 January 2025 and 31 December 2025
11,026
Depreciation and impairment
At 1 January 2025
10,616
Depreciation charged in the year
105
At 31 December 2025
10,721
Carrying amount
At 31 December 2025
305
At 31 December 2024
410
STAGG DISTRIBUTORS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
4
Trade and other receivables
2025
2024
Amounts falling due within one year:
£
£
Trade receivables
40,602
43,157
Other receivables
13,113
11,686
53,715
54,843
5
Current liabilities
2025
2024
£
£
Trade payables
107
186
Taxation and social security
9,484
5,678
Other payables
2,290
2,120
11,881
7,984
6
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
14 Ordinary shares of £1 each
14
14
14
14
2025-12-31 2025-01-01 false false false 14 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr R J Anderson Mr T Patel 07328874 2025-01-01 2025-12-31 07328874 2025-12-31 07328874 2024-12-31 07328874 core:OtherPropertyPlantEquipment 2025-12-31 07328874 core:OtherPropertyPlantEquipment 2024-12-31 07328874 core:CurrentFinancialInstruments 2025-12-31 07328874 core:CurrentFinancialInstruments 2024-12-31 07328874 core:ShareCapital 2025-12-31 07328874 core:ShareCapital 2024-12-31 07328874 core:CapitalRedemptionReserve 2025-12-31 07328874 core:CapitalRedemptionReserve 2024-12-31 07328874 core:RetainedEarningsAccumulatedLosses 2025-12-31 07328874 core:RetainedEarningsAccumulatedLosses 2024-12-31 07328874 core:ShareCapitalOrdinaryShareClass1 2025-12-31 07328874 core:ShareCapitalOrdinaryShareClass1 2024-12-31 07328874 core:ShareCapitalOrdinaryShares 2025-12-31 07328874 core:ShareCapitalOrdinaryShares 2024-12-31 07328874 bus:Director1 2025-01-01 2025-12-31 07328874 bus:Director2 2025-01-01 2025-12-31 07328874 core:FurnitureFittings 2025-01-01 2025-12-31 07328874 2024-01-01 2024-12-31 07328874 core:OtherPropertyPlantEquipment 2024-12-31 07328874 core:OtherPropertyPlantEquipment 2025-01-01 2025-12-31 07328874 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 07328874 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 07328874 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 07328874 bus:OrdinaryShareClass1 2025-12-31 07328874 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07328874 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 07328874 bus:FRS102 2025-01-01 2025-12-31 07328874 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 07328874 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP