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Registered number: 11333201
Staxson Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—8
Page 1
Balance Sheet
Registered number: 11333201
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 544,050 486,922
544,050 486,922
CURRENT ASSETS
Stocks 5 5,980 1,357
Debtors 6 595,933 888,803
Cash at bank and in hand 514,276 748,954
1,116,189 1,639,114
Creditors: Amounts Falling Due Within One Year 7 (381,176 ) (685,419 )
NET CURRENT ASSETS (LIABILITIES) 735,013 953,695
TOTAL ASSETS LESS CURRENT LIABILITIES 1,279,063 1,440,617
Creditors: Amounts Falling Due After More Than One Year 8 (92,718 ) (68,437 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (35,139 ) (41,329 )
NET ASSETS 1,151,206 1,330,851
CAPITAL AND RESERVES
Called up share capital 40 40
Revaluation reserve 44,866 45,801
Profit and Loss Account 1,106,300 1,285,010
SHAREHOLDERS' FUNDS 1,151,206 1,330,851
Page 1
Page 2
For the year ending 30 April 2026 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
S Ingram
Director
15 October 2026
The notes on pages 3 to 8 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Staxson Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11333201 . The registered office is Unit 4 Castle Road, Glenmore Business Park, Sittingbourne, ME10 3FX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are initially measured at cost less accumulated depreciation and any accumulated impairment losses. 
Assets are then carried in the Balance Sheet using the following measurement basis:
  • Leasehold property - revalued to fair value
  • All other assets - depreciated historical cost
Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold property 50 years straight line basis
Plant & Machinery 25% reducing balance basis
Motor Vehicles 25% reducing balance basis
Fixtures & Fittings 20% reducing balance basis
Computer Equipment 3 years straight line basis
Page 3
Page 4
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Financial Instruments
The company applies the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Basic financial assets and liabilities are initially measured at transaction price 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 and liabilities classified as receivable or payable within one year are not amortised.
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.8. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.9. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2025: 6)
6 6
4. Tangible Assets
Land & Property
Leasehold property Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost or Valuation
As at 1 May 2025 280,000 14,561 219,309 3,132
Additions - 9,358 148,756 8,937
Disposals - - (68,916 ) -
As at 30 April 2026 280,000 23,919 299,149 12,069
Depreciation
As at 1 May 2025 - 1,941 33,068 887
Provided during the period 3,453 3,952 54,862 1,225
Disposals - - (21,058 ) -
As at 30 April 2026 3,453 5,893 66,872 2,112
Net Book Value
As at 30 April 2026 276,547 18,026 232,277 9,957
As at 1 May 2025 280,000 12,620 186,241 2,245
Page 5
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Computer Equipment Total
£ £
Cost or Valuation
As at 1 May 2025 9,127 526,129
Additions 5,238 172,289
Disposals - (68,916 )
As at 30 April 2026 14,365 629,502
Depreciation
As at 1 May 2025 3,311 39,207
Provided during the period 3,811 67,303
Disposals - (21,058 )
As at 30 April 2026 7,122 85,452
Net Book Value
As at 30 April 2026 7,243 544,050
As at 1 May 2025 5,816 486,922
Cost or valuation as at 30 April 2026 represented by:
Land & Property
Leasehold property Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
At cost - 23,919 299,149 12,069
At valuation 280,000 - - -
280,000 23,919 299,149 12,069
Computer Equipment Total
£ £
At cost 14,365 349,502
At valuation - 280,000
14,365 629,502
The director has reviewed the carrying value of the leasehold property as at 30 April 2026 and considers it to remain appropriate.
Page 6
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If the following tangible fixed assets had been accounted for under historical cost accounting rules, the amounts would be:
Land & Property
Leasehold property
£
Cost 238,391
Accumulated depreciation and impairment 6,710
Carrying amount 231,681
5. Stocks
2026 2025
£ £
Stock 5,980 1,357
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 199,487 427,303
Prepayments and accrued income 28,944 41,533
Other debtors 367,502 419,967
595,933 888,803
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 23,495 11,955
Trade creditors 141,982 444,920
Corporation tax 51,515 94,169
Other taxes and social security 20,728 18,450
VAT 15,598 32,114
Other creditors 506 42,887
Accruals and deferred income 6,299 7,422
Directors' loan accounts 121,053 33,502
381,176 685,419
Page 7
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8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 92,718 68,437
9. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 23,495 11,955
Later than one year and not later than five years 92,718 68,437
116,213 80,392
116,213 80,392
Page 8