Stuart James Clark Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 10686753 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Stuart James Clark Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Clark

G Keilloh

REGISTERED OFFICE:

51 High Brow

Harbourne

B17 9EW

REGISTERED NUMBER:

10686753 (England and Wales)

ACCOUNTANTS:

Brotherton & Co

Abbeydale House

166 Easemore Road

Riverside

Redditch

Worcestershire

B98 8HE

FIXED ASSETS

Tangible assets

4

2,498

1,706

CURRENT ASSETS

Debtors

16,206

22,898

Cash at bank

88,770

48,150

104,976

71,048

CREDITORS

Amounts falling due within one year

56,190

30,842

NET CURRENT ASSETS

48,786

40,206

TOTAL ASSETS LESS CURRENT LIABILITIES

51,284

41,912

CREDITORS

Amounts falling due after more than one year

22,439

32,389

NET ASSETS

28,845

9,523

CAPITAL AND RESERVES

Called up share capital

5

300

300

Retained earnings

6

28,545

9,223

SHAREHOLDERS' FUNDS

28,845

9,523

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement and an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2024 and were signed on its behalf by:

S Clark - Director

G Keilloh - Director

1.	STATUTORY INFORMATION

Stuart James Clark 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.

2.	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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2023

12,017

Additions

1,737

At 31 March 2024

13,754

DEPRECIATION

At 1 April 2023

10,311

Charge for year

945

At 31 March 2024

11,256

NET BOOK VALUE

At 31 March 2024

2,498

At 31 March 2023

1,706

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.24

31.3.23

value:

£

£

100

Ordinary

1

100

100

100

A Shares

1

100

100

100

B Shares

1

100

100

300

300

6.

RESERVES

Retained

earnings

£

At 1 April 2023

9,223

Profit for the year

134,322

Dividends

(115,000

)

At 31 March 2024

28,545