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REGISTERED NUMBER: 03163117















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

STONEBERRY LIMITED

STONEBERRY LIMITED (REGISTERED NUMBER: 03163117)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STONEBERRY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: Mrs J Fisher
Mr S C Fisher





SECRETARY: Mr S C Fisher





REGISTERED OFFICE: Ash Cottage
Framilode
Gloucestershire
GL2 7LH





REGISTERED NUMBER: 03163117

STONEBERRY LIMITED (REGISTERED NUMBER: 03163117)

BALANCE SHEET
31 MARCH 2022

31.3.22 31.3.21
Notes £    £   
CURRENT ASSETS
Stocks 4 577,318 522,757
Cash at bank 57,221 66,162
634,539 588,919
CREDITORS
Amounts falling due within one year 5 181,548 147,032
NET CURRENT ASSETS 452,991 441,887
TOTAL ASSETS LESS CURRENT
LIABILITIES

452,991

441,887

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 6 342,450 342,450
Capital redemption reserve 1 1
Retained earnings 110,538 99,434
SHAREHOLDERS' FUNDS 452,991 441,887

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 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.

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 13 September 2022 and were signed on its behalf by:





Mrs J Fisher - Director


STONEBERRY LIMITED (REGISTERED NUMBER: 03163117)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

STONEBERRY LIMITED is a private company, limited by shares , registered in Not specified/Other. 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.

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

Stocks of land and buildings were revalued by the directors on 31 March 2020 at net realisable value, net of a provision for deferred tax. The surplus arising thereon has been transfered to a revaluation reserve and has had no effect on the trading results for the year.

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.

3. EMPLOYEES AND DIRECTORS

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

4. STOCKS
31.3.22 31.3.21
£    £   
Stock of properties at cost 234,868 180,307
Revaluation to net realisable value 342,450 342,450
577,318 522,757

STONEBERRY LIMITED (REGISTERED NUMBER: 03163117)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Taxation and social security 2,605 5,606
Other creditors 178,943 141,426
181,548 147,032

6. RESERVES
Revaluation
reserve
£   
At 1 April 2021
and 31 March 2022 342,450

7. RELATED PARTY DISCLOSURES

The company was controlled throughout the current and previous years by its directors who own 100% of the issued share capital.