S.T.S. Garage & Industrial Doors Limited

Registered number

04150964

Filleted Accounts

31 March 2025

S.T.S. Garage & Industrial Doors Limited
Registered number:		04150964
Balance Sheet
as at 31 March 2025

Notes			2025		2024

Fixed assets
Tangible assets	3		176,192		89,469

Current assets
Stocks		21,986		9,743
Debtors	4	745,605		658,053
Cash at bank and in hand		225,819		317,526
		993,410		985,322

Creditors: amounts falling due within one year	5	(329,849)		(322,275)

Net current assets			663,561		663,047

Total assets less current liabilities			839,753		752,516

Creditors: amounts falling due after more than one year	6		(45,752)		-

Provisions for liabilities			(43,562)		(20,861)


Net assets			750,439		731,655

Capital and reserves
Called up share capital			100		100
Profit and loss account			750,339		731,555

Shareholder's funds			750,439		731,655

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J T Hadley
Director
Approved by the board on 3 November 2025

S.T.S. Garage & Industrial Doors Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold alterations		over 5 years
	Plant and machinery		25% reducing balance
	Motor vehicles		25% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Grant income
	Capital and revenue grants are recognised in income on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate.



2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			8		8


3	Tangible fixed assets
		Leasehold improvements	Plant and machinery etc	Motor vehicles		Total

	Cost
	At 1 April 2024	17,174	114,673	43,884		175,731
	Additions	-	21,559	129,083		150,642
	Disposals	-	-	(7,389)		(7,389)
	At 31 March 2025	17,174	136,232	165,578		318,984

	Depreciation
	At 1 April 2024	13,739	45,788	26,735		86,262
	Charge for the year	3,435	22,611	36,120		62,166
	On disposals	-	-	(5,636)		(5,636)
	At 31 March 2025	17,174	68,399	57,219		142,792

	Net book value
	At 31 March 2025	-	67,833	108,359		176,192
	At 31 March 2024	3,435	68,885	17,149		89,469


4	Debtors			2025		2024


	Trade debtors			64,851		60,245
	Other debtors			680,754		597,808
				745,605		658,053


5	Creditors: amounts falling due within one year			2025		2024


	Obligations under finance lease and hire purchase contracts			22,875		-
	Trade creditors			191,338		185,545
	Taxation and social security costs			10,027		43,657
	Other creditors			105,609		93,073
				329,849		322,275


6	Creditors: amounts falling due after one year			2025		2024


	Obligations under finance lease and hire purchase contracts			45,752		-


7	Loans			2025		2024

	Creditors include:

	Secured hire purchase creditor			68,627		-

	The hire purchase creditor is secured on the asset concerned.


8	Related party transactions

	At the end of the financial year the company was owed £648,273 (2024 - £593,273) by companies with a common director. All transactions during the year have been carried out under normal market conditions. Advances, Credits and Guarantees At the balance sheet date, the following amounts were due from/(to) directors: Loan balance: £(82,062) (2024: £(68,084)) Interest is being charged on the loans at a commercial rate, they are unsecured and repayable on demand. No guarantees have been given to or on behalf of the directors.


9	Controlling party

	J T Hadley who owns 51% of the issued share capital, is the controlling party.


10	Other information

	S.T.S. Garage & Industrial Doors Limited is a private company limited by shares and incorporated in England. Its registered office is:
	A1 House, Rolling Mill Road
	Norton Canes
	Cannock
	Staffordshire
	WS11 9UH