Silverfin false 31/01/2023 01/02/2022 31/01/2023 D S Stone 27/07/2006 24 October 2023 The principal activity of the Company during the financial year was that of personal development. 05884656 2023-01-31 05884656 bus:Director1 2023-01-31 05884656 2022-01-31 05884656 core:CurrentFinancialInstruments 2023-01-31 05884656 core:CurrentFinancialInstruments 2022-01-31 05884656 core:Non-currentFinancialInstruments 2023-01-31 05884656 core:Non-currentFinancialInstruments 2022-01-31 05884656 core:ShareCapital 2023-01-31 05884656 core:ShareCapital 2022-01-31 05884656 core:RetainedEarningsAccumulatedLosses 2023-01-31 05884656 core:RetainedEarningsAccumulatedLosses 2022-01-31 05884656 core:LandBuildings 2022-01-31 05884656 core:FurnitureFittings 2022-01-31 05884656 core:OfficeEquipment 2022-01-31 05884656 core:LandBuildings 2023-01-31 05884656 core:FurnitureFittings 2023-01-31 05884656 core:OfficeEquipment 2023-01-31 05884656 2022-02-01 2023-01-31 05884656 bus:FullAccounts 2022-02-01 2023-01-31 05884656 bus:SmallEntities 2022-02-01 2023-01-31 05884656 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 05884656 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 05884656 bus:Director1 2022-02-01 2023-01-31 05884656 core:LandBuildings core:TopRangeValue 2022-02-01 2023-01-31 05884656 core:FurnitureFittings core:TopRangeValue 2022-02-01 2023-01-31 05884656 core:OfficeEquipment 2022-02-01 2023-01-31 05884656 2021-02-01 2022-01-31 05884656 core:LandBuildings 2022-02-01 2023-01-31 05884656 core:FurnitureFittings 2022-02-01 2023-01-31 05884656 core:Non-currentFinancialInstruments 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure

Company No: 05884656 (England and Wales)

SUE STONE LIMITED

Unaudited Financial Statements
For the financial year ended 31 January 2023
Pages for filing with the registrar

SUE STONE LIMITED

Unaudited Financial Statements

For the financial year ended 31 January 2023

Contents

SUE STONE LIMITED

BALANCE SHEET

As at 31 January 2023
SUE STONE LIMITED

BALANCE SHEET (continued)

As at 31 January 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 6,106 6,888
6,106 6,888
Current assets
Debtors 4 121,924 99,440
Cash at bank and in hand 3,024 5,179
124,948 104,619
Creditors: amounts falling due within one year 5 ( 89,519) ( 80,898)
Net current assets 35,429 23,721
Total assets less current liabilities 41,535 30,609
Creditors: amounts falling due after more than one year 6 ( 50,613) ( 50,613)
Net liabilities ( 9,078) ( 20,004)
Capital and reserves
Called-up share capital 1 1
Profit and loss account ( 9,079 ) ( 20,005 )
Total shareholders' deficit ( 9,078) ( 20,004)

For the financial year ending 31 January 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Sue Stone Limited (registered number: 05884656) were approved and authorised for issue by the Director on 24 October 2023. They were signed on its behalf by:

D S Stone
Director
SUE STONE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2023
SUE STONE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Sue Stone Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom. The principal place of business is Chimneys, Church Lane, West Parley, Ferndown, Dorset, BH22 8TR.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Land and buildings 10 years straight line
Fixtures and fittings 10 years straight line
Office equipment 15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Land and buildings Fixtures and fittings Office equipment Total
£ £ £ £
Cost
At 01 February 2022 3,399 10,403 4,578 18,380
Additions 0 0 160 160
At 31 January 2023 3,399 10,403 4,738 18,540
Accumulated depreciation
At 01 February 2022 680 8,222 2,590 11,492
Charge for the financial year 340 300 302 942
At 31 January 2023 1,020 8,522 2,892 12,434
Net book value
At 31 January 2023 2,379 1,881 1,846 6,106
At 31 January 2022 2,719 2,181 1,988 6,888

4. Debtors

2023 2022
£ £
Trade debtors 82,832 67,710
Other debtors 39,092 31,730
121,924 99,440

5. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 74,254 60,677
Other creditors 15,265 20,221
89,519 80,898

6. Creditors: amounts falling due after more than one year

2023 2022
£ £
Bank loans 50,613 50,613

There are no amounts included above in respect of which any security has been given by the small entity.