REGISTERED NUMBER: 04135261 (England and Wales)

M & J Stilp Limited

Financial Statements for the Year Ended 31st January 2026

Page

Company information

1

Abridged balance sheet

2

Notes to the financial statements

4

Director:

M J Stilp

Registered office:

1 Greens Norton Park

Blakesley Hill

Greens Norton

Towcester

Northampton

NN12 8DP

Registered number:

04135261 (England and Wales)

Accountants:

A.J. Lewis

Chartered Accountant

Lewis & Son Accountants Limited

37 Stoke Road

Blisworth

Northampton

NN7 3BZ

Fixed assets

Tangible assets

3

194,653

136,842

Current assets

Stocks

20,953

15,477

Debtors

1,404,004

1,364,068

Cash at bank

356,695

233,797

1,781,652

1,613,342

Creditors

Amounts falling due within one year

135,090

95,101

Net current assets

1,646,562

1,518,241

Total assets less current liabilities

1,841,215

1,655,083

Provisions for liabilities

43,409

28,956

Net assets

1,797,806

1,626,127

Capital and reserves

Called up share capital

75

75

Capital redemption reserve

25

25

Retained earnings

1,797,706

1,626,027

1,797,806

1,626,127

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

All the members have consented to the preparation of an abridged Balance sheet for the year ended 31st January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 5th June 2026 and were signed by:

M J Stilp - Director

1.	Accounting policies

Basis of preparing the financial statements

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

Revenue recognition

The company recognises revenue to the extent that it obtains the right to consideration in exchange for its performance under contract. The right to consideration arises when some, but not necessarily all, of the contractual obligations have been fulfilled.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

2.	Employees and directors

The average number of employees during the year was 5 (2025 - 7 ) .

3.	Tangible fixed assets

Totals

£

Cost

At 1st February 2025

427,359

Additions

92,910

Disposals

(6,500

)

At 31st January 2026

513,769

Depreciation

At 1st February 2025

290,517

Charge for year

35,051

Eliminated on disposal

(6,452

)

At 31st January 2026

319,116

Net book value

At 31st January 2026

194,653

At 31st January 2025

136,842