Company No: 05854354 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Julian Pilling

REGISTERED OFFICE	Cawton Heights
	Cawton
	York
	United Kingdom

COMPANY NUMBER

05854354 (England and Wales)

ACCOUNTANT	Morrell Middleton Ltd Chartered Certified Accountants
	Wellington House
	Aviator Court
	York
	YO30 4UZ

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	25,404		18,984
		25,404		18,984
Current assets
Stocks	4	1,100,000		0
Debtors	5	112,237		65,298
Cash at bank and in hand	6	63,041		12,265
		1,275,278		77,563
Creditors: amounts falling due within one year	7	( 1,181,739)		( 78,593)
Net current assets/(liabilities)		93,539		(1,030)
Total assets less current liabilities		118,943		17,954
Net assets		118,943		17,954
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		118,843		17,854
Total shareholder's funds		118,943		17,954

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

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Stirling Ventures Limited (registered number: 05854354) were approved and authorised for issue by the Director on 23 September 2026. They were signed on its behalf by:

Julian Pilling Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Stirling Ventures Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Cawton Heights, Cawton, York, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	5 years straight line
Fixtures and fittings	3 years straight line
Office equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Plant and machinery		Fixtures and fittings		Office equipment		Total
	£		£		£		£
Cost
At 01 January 2025	76,877		21,813		7,839		106,529
Additions	11,868		0		2,419		14,287
Disposals	( 419)		0		( 5,638)		( 6,057)
At 31 December 2025	88,326		21,813		4,620		114,759
Accumulated depreciation
At 01 January 2025	60,113		21,813		5,619		87,545
Charge for the financial year	5,389		0		1,317		6,706
Disposals	( 419)		0		( 4,477)		( 4,896)
At 31 December 2025	65,083		21,813		2,459		89,355
Net book value
At 31 December 2025	23,243		0		2,161		25,404
At 31 December 2024	16,764		0		2,220		18,984

4. Stocks

	2025		2024
	£		£
Work in progress	1,100,000		0

5. Debtors

	2025		2024
	£		£
Trade debtors	84,744		0
Other debtors	27,493		65,298
	112,237		65,298

6. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	63,041		12,265

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	0		17,358
Trade creditors	16,726		3,112
Other taxation and social security	2,140		10,138
Other creditors	1,162,873		47,985
	1,181,739		78,593

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100