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REGISTERED NUMBER: 06616447 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th June 2023

for

M. Stones Building & Flooring Limited

M. Stones Building & Flooring Limited (Registered number: 06616447)






Contents of the Financial Statements
for the Year Ended 30th June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


M. Stones Building & Flooring Limited

Company Information
for the Year Ended 30th June 2023







DIRECTORS: M A Stones
Mrs J Stones





REGISTERED OFFICE: Lown Gates
Church Lane
Selston
Nottinghamshire
NG16 6EX





REGISTERED NUMBER: 06616447 (England and Wales)

M. Stones Building & Flooring Limited (Registered number: 06616447)

Balance Sheet
30th June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 43,713 1,254

CURRENT ASSETS
Debtors 5 138,607 138,640
Cash at bank 35,167 164,635
173,774 303,275
CREDITORS
Amounts falling due within one year 6 2,338 69,903
NET CURRENT ASSETS 171,436 233,372
TOTAL ASSETS LESS CURRENT
LIABILITIES

215,149

234,626

PROVISIONS FOR LIABILITIES 7 - 303
NET ASSETS 215,149 234,323

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 215,049 234,223
SHAREHOLDERS' FUNDS 215,149 234,323

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2023 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 11th September 2023 and were signed on its behalf by:



M A Stones - Director


M. Stones Building & Flooring Limited (Registered number: 06616447)

Notes to the Financial Statements
for the Year Ended 30th June 2023

1. STATUTORY INFORMATION

M. Stones Building & Flooring 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. 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.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

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 2 (2022 - 2 ) .

M. Stones Building & Flooring Limited (Registered number: 06616447)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st July 2022 1,032 8,519 239 9,790
Additions - 57,015 - 57,015
At 30th June 2023 1,032 65,534 239 66,805
DEPRECIATION
At 1st July 2022 926 7,382 228 8,536
Charge for year 16 14,538 2 14,556
At 30th June 2023 942 21,920 230 23,092
NET BOOK VALUE
At 30th June 2023 90 43,614 9 43,713
At 30th June 2022 106 1,137 11 1,254

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 138,235 137,640
Other debtors 372 1,000
138,607 138,640

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security - 17,781
Other creditors 2,338 52,122
2,338 69,903

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax - 303

Deferred
tax
£   
Balance at 1st July 2022 303
Provided during year (303 )
Balance at 30th June 2023 -

M. Stones Building & Flooring Limited (Registered number: 06616447)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100