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REGISTERED NUMBER: 04756405 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

STONEPLAN LIMITED

STONEPLAN LIMITED (REGISTERED NUMBER: 04756405)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STONEPLAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: T Dickinson
Mr L Dickinson





SECRETARY: L Dickinson





REGISTERED OFFICE: 2a Acomb Court
Acomb Court
Acomb
York
YO24 3BJ





REGISTERED NUMBER: 04756405 (England and Wales)





ACCOUNTANTS: Smith Wilson Limited
2A Acomb Court
Acomb
York
North Yorkshire
YO24 3BJ

STONEPLAN LIMITED (REGISTERED NUMBER: 04756405)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 79,310 92,297
79,310 92,297

CURRENT ASSETS
Stocks 61,500 63,300
Debtors 6 6,554 6,554
Cash at bank 3,196 2,812
71,250 72,666
CREDITORS
Amounts falling due within one year 7 294,994 276,714
NET CURRENT LIABILITIES (223,744 ) (204,048 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(144,434

)

(111,751

)

CREDITORS
Amounts falling due after more than one year 8 41,236 64,166
NET LIABILITIES (185,670 ) (175,917 )

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 9 (185,870 ) (176,117 )
SHAREHOLDERS' FUNDS (185,670 ) (175,917 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 25 October 2023 and were signed on its behalf by:





Mr L Dickinson - Director


STONEPLAN LIMITED (REGISTERED NUMBER: 04756405)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

Stoneplan 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 2% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 15% on reducing balance

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 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
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.

Going concern
The directors have formed the judgement, at the time of approving the financial statements, that there is a reasonable expectation that the Company has sufficient access to financial resources which, together with internally generated cash flows, will continue to provide sufficient sources of liquidity to fund its current operations including its contractual and commercial commitments and the Company is well placed to manage its business risks successfully, despite the current economic outlook.

For this reason, the directors continue to adopt the going concern basis in preparing the financial statements.

STONEPLAN LIMITED (REGISTERED NUMBER: 04756405)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 8 ).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2022
and 31 January 2023 8,125
AMORTISATION
At 1 February 2022
and 31 January 2023 8,125
NET BOOK VALUE
At 31 January 2023 -
At 31 January 2022 -

5. TANGIBLE FIXED ASSETS
Short Plant and Motor
leasehold machinery vehicles Totals
£    £    £    £   
COST
At 1 February 2022
and 31 January 2023 17,916 130,848 125,965 274,729
DEPRECIATION
At 1 February 2022 6,227 95,013 81,192 182,432
Charge for year 896 5,375 6,716 12,987
At 31 January 2023 7,123 100,388 87,908 195,419
NET BOOK VALUE
At 31 January 2023 10,793 30,460 38,057 79,310
At 31 January 2022 11,689 35,835 44,773 92,297

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 6,554 6,554

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 17,909 909
Hire purchase contracts 13,002 14,897
Trade creditors 5,094 31,095
Social security and other taxes 10,745 7,401
VAT 25,883 22,417
Other creditors 14,165 14,095
Net wages 9,545 4,061
Pension creditors 1,865 2,111
Directors' current accounts 202,786 179,728
Accrued expenses (6,000 ) -
294,994 276,714

STONEPLAN LIMITED (REGISTERED NUMBER: 04756405)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 2-5 years 33,390 43,318
Hire purchase contracts 7,846 20,848
41,236 64,166

9. RESERVES
Retained
earnings
£   

At 1 February 2022 (176,117 )
Deficit for the year (9,753 )
At 31 January 2023 (185,870 )