REGISTERED NUMBER: 04594376 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Stan Evans Contracting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S E K Evans

SECRETARY:

S E K Evans

REGISTERED OFFICE:

21 Gold Tops

Newport

South Wales

NP20 4PG

REGISTERED NUMBER:

04594376 (England and Wales)

ACCOUNTANTS:

Guilfoyle Sage LLP

21 Gold Tops

Newport

South Wales

NP20 4PG

FIXED ASSETS

Tangible assets

5

1,998,800

2,116,155

CURRENT ASSETS

Stocks

6

95,500

97,100

Debtors

7

405,649

573,988

501,149

671,088

CREDITORS

Amounts falling due within one year

8

1,328,438

1,428,490

NET CURRENT LIABILITIES

(827,289

)

(757,402

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,171,511

1,358,753

CREDITORS

Amounts falling due after more than one year

9

(271,967

)

(366,031

)

PROVISIONS FOR LIABILITIES

(145,283

)

(145,283

)

NET ASSETS

754,261

847,439

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

754,161

847,339

SHAREHOLDERS' FUNDS

754,261

847,439

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 November 2025 and were signed by:

S E K Evans - Director

1.	STATUTORY INFORMATION

Stan Evans Contracting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on the going concern basis as the directors believe that the company will be able to obtain sufficient funding to secure the continued financing of the company's activities for the foreseeable future.

Turnover

Items of income are recognised in the financial statements, net of applicable VAT, when the risks and rewards of ownership have passed to the consumer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

10% on cost and 5% on cost

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 December 2023

47,220

3,930,035

3,977,255

Additions

-

348,000

348,000

Disposals

-

(397,250

)

(397,250

)

Transfer to ownership

-

(353,930

)

(353,930

)

Reclassification/transfer

-

353,930

353,930

At 30 November 2024

47,220

3,880,785

3,928,005

DEPRECIATION

At 1 December 2023

47,217

1,813,883

1,861,100

Charge for year

-

203,494

203,494

Eliminated on disposal

-

(135,389

)

(135,389

)

At 30 November 2024

47,217

1,881,988

1,929,205

NET BOOK VALUE

At 30 November 2024

3

1,998,797

1,998,800

At 30 November 2023

3

2,116,152

2,116,155

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:

Plant and

machinery

etc

£

COST

At 1 December 2023

2,763,372

Additions

348,000

Disposals

(397,250

)

Transfer to ownership

(353,930

)

At 30 November 2024

2,360,192

DEPRECIATION

At 1 December 2023

433,516

Charge for year

189,289

Eliminated on disposal

(135,389

)

Transfer to ownership

(182,603

)

At 30 November 2024

304,813

NET BOOK VALUE

At 30 November 2024

2,055,379

At 30 November 2023

2,329,856

6.

STOCKS

30.11.24

30.11.23

£

£

Stocks

22,000

22,600

Work-in-progress

73,500

74,500

95,500

97,100

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Trade debtors

237,146

265,251

Amounts owed by group undertakings

168,503

308,737

405,649

573,988

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Bank loans and overdrafts

78,339

85,278

Hire purchase contracts and finance leases

242,206

293,053

Trade creditors

350,072

335,771

Taxation and social security

160,949

199,605

Other creditors

496,872

514,783

1,328,438

1,428,490

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.24

30.11.23

£

£

Hire purchase contracts and finance leases

271,967

366,031

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.24

30.11.23

£

£

Other loans

19,754

25,520

Hire purchase contracts and finance leases

514,173

659,084

533,927

684,604

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.24

30.11.23

value:

£

£

100

Ordinary

£1

100

100