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REGISTERED NUMBER: 06102599 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2022

for

STONE AND CHROME.COM LIMITED

STONE AND CHROME.COM LIMITED (REGISTERED NUMBER: 06102599)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STONE AND CHROME.COM LIMITED

Company Information
for the Year Ended 31 March 2022







DIRECTOR: J R Gibson-Brown





REGISTERED OFFICE: Unit 15 Craven Court
Stanhope Road
Camberley
Surrey
GU15 3BS





REGISTERED NUMBER: 06102599 (England and Wales)





ACCOUNTANTS: Brayne, Williams & Barnard Limited
Rosemount House
Rosemount Avenue
West Byfleet
Surrey
KT14 6LB

STONE AND CHROME.COM LIMITED (REGISTERED NUMBER: 06102599)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 5,918 4,326

CURRENT ASSETS
Stocks 15,000 15,000
Debtors 6 66,187 78,367
Cash at bank 73,042 16,531
154,229 109,898
CREDITORS
Amounts falling due within one year 7 124,175 105,056
NET CURRENT ASSETS 30,054 4,842
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,972

9,168

CREDITORS
Amounts falling due after more than one
year

8

31,667

43,333
NET ASSETS/(LIABILITIES) 4,305 (34,165 )

CAPITAL AND RESERVES
Called up share capital 10 800 800
Retained earnings 3,505 (34,965 )
SHAREHOLDERS' FUNDS 4,305 (34,165 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

STONE AND CHROME.COM LIMITED (REGISTERED NUMBER: 06102599)

Balance Sheet - continued
31 March 2022


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 August 2022 and were signed by:





J R Gibson-Brown - Director


STONE AND CHROME.COM LIMITED (REGISTERED NUMBER: 06102599)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Stone And Chrome.com 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.

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.
Improvements to property - 33% on cost
Motor vehicles - 20% on cost
Equipment and machinery - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

STONE AND CHROME.COM LIMITED (REGISTERED NUMBER: 06102599)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4. EMPLOYEES

The average number of employees during the year was 2 (2021 - 2 ) .

5. TANGIBLE FIXED ASSETS
Improvements Equipment
to Motor and
property vehicles machinery Totals
£    £    £    £   
COST
At 1 April 2021 142,386 12,650 26,000 181,036
Additions 2,084 - 4,205 6,289
At 31 March 2022 144,470 12,650 30,205 187,325
DEPRECIATION
At 1 April 2021 142,386 12,650 21,674 176,710
Charge for year 521 - 4,176 4,697
At 31 March 2022 142,907 12,650 25,850 181,407
NET BOOK VALUE
At 31 March 2022 1,563 - 4,355 5,918
At 31 March 2021 - - 4,326 4,326

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 1,240 956
Other debtors 64,947 77,411
66,187 78,367

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 10,000 6,667
Trade creditors 63,609 83,553
Taxation and social security 44,638 9,036
Other creditors 5,928 5,800
124,175 105,056

STONE AND CHROME.COM LIMITED (REGISTERED NUMBER: 06102599)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans 31,667 43,333

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 1,333

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.22 31.3.21
£    £   
Within one year 7,046 16,980

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
680 Ordinary A £1 680 680
40 Ordinary B £1 40 40
80 Ordinary C £1 80 80
800 800

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 March 2022 and the period ended 31 March 2021:

31.3.22 31.3.21
£    £   
J R Gibson-Brown
Balance outstanding at start of year 48,172 40,350
Amounts advanced 85,119 80,366
Amounts repaid (79,926 ) (72,544 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 53,365 48,172

The loan is repayable on demand. Interest is charged at the HMRC beneficial loan rate.