Silverfin false 31/03/2023 01/04/2022 31/03/2023 R C Wickham 31/03/2022 02 November 2023 The principal activity of the Company during the financial year is merchanting of concrete blocks and quarry products. 03022174 2023-03-31 03022174 bus:Director1 2023-03-31 03022174 2022-03-31 03022174 core:CurrentFinancialInstruments 2023-03-31 03022174 core:CurrentFinancialInstruments 2022-03-31 03022174 core:Non-currentFinancialInstruments 2023-03-31 03022174 core:Non-currentFinancialInstruments 2022-03-31 03022174 core:ShareCapital 2023-03-31 03022174 core:ShareCapital 2022-03-31 03022174 core:RetainedEarningsAccumulatedLosses 2023-03-31 03022174 core:RetainedEarningsAccumulatedLosses 2022-03-31 03022174 core:PlantMachinery 2022-03-31 03022174 core:OfficeEquipment 2022-03-31 03022174 core:PlantMachinery 2023-03-31 03022174 core:OfficeEquipment 2023-03-31 03022174 bus:OrdinaryShareClass1 2023-03-31 03022174 bus:OrdinaryShareClass2 2023-03-31 03022174 2022-04-01 2023-03-31 03022174 bus:FullAccounts 2022-04-01 2023-03-31 03022174 bus:SmallEntities 2022-04-01 2023-03-31 03022174 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 03022174 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 03022174 bus:Director1 2022-04-01 2023-03-31 03022174 core:PlantMachinery core:TopRangeValue 2022-04-01 2023-03-31 03022174 core:OfficeEquipment core:TopRangeValue 2022-04-01 2023-03-31 03022174 2021-04-01 2022-03-31 03022174 core:PlantMachinery 2022-04-01 2023-03-31 03022174 core:OfficeEquipment 2022-04-01 2023-03-31 03022174 core:CurrentFinancialInstruments 2022-04-01 2023-03-31 03022174 core:Non-currentFinancialInstruments 2022-04-01 2023-03-31 03022174 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 03022174 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 03022174 bus:OrdinaryShareClass2 2022-04-01 2023-03-31 03022174 bus:OrdinaryShareClass2 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 03022174 (England and Wales)

BARTON BLOCK & STONE LIMITED

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

BARTON BLOCK & STONE LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

BARTON BLOCK & STONE LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2023
BARTON BLOCK & STONE LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2023
DIRECTOR R C Wickham
REGISTERED OFFICE Centenary House Peninsula Park
Rydon Lane
Exeter
EX2 7XE
United Kingdom
BUSINESS ADDRESS Greendale Business Park
Woodbury Salterton
Exeter
Devon
EX5 1EW
COMPANY NUMBER 03022174 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Centenary House
Peninsula Park
Rydon Lane
Exeter
Devon EX2 7XE
BARTON BLOCK & STONE LIMITED

BALANCE SHEET

As at 31 March 2023
BARTON BLOCK & STONE LIMITED

BALANCE SHEET (continued)

As at 31 March 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 117,536 139
117,536 139
Current assets
Stocks 9,295 8,588
Debtors 4 240,656 251,045
Cash at bank and in hand 55,410 81,735
305,361 341,368
Creditors: amounts falling due within one year 5 ( 238,364) ( 234,112)
Net current assets 66,997 107,256
Total assets less current liabilities 184,533 107,395
Creditors: amounts falling due after more than one year 6 ( 57,537) 0
Provision for liabilities ( 9,000) 0
Net assets 117,996 107,395
Capital and reserves
Called-up share capital 7 16,073 16,073
Profit and loss account 101,923 91,322
Total shareholder's funds 117,996 107,395

For the financial year ending 31 March 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 Barton Block & Stone Limited (registered number: 03022174) were approved and authorised for issue by the Director on 02 November 2023. They were signed on its behalf by:

R C Wickham
Director
BARTON BLOCK & STONE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
BARTON BLOCK & STONE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 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

Barton Block and 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
Centenary House
Peninsula Park
Rydon Lane
Exeter
Devon
EX2 7XE

The principal place of business is
Greendale Business Park
Woodbury Salterton
Exeter
Devon
EX5 1EW

The financial statements have been prepared under the historical cost convention, modified to include 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 financial statements have been prepared on a going concern basis.

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. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

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 at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery 4 years straight line
Office equipment 3 years straight line

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit and loss.

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.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 4 4

3. Tangible assets

Plant and machinery Office equipment Total
£ £ £
Cost
At 01 April 2022 3,100 333 3,433
Additions 119,500 0 119,500
At 31 March 2023 122,600 333 122,933
Accumulated depreciation
At 01 April 2022 3,100 194 3,294
Charge for the financial year 1,992 111 2,103
At 31 March 2023 5,092 305 5,397
Net book value
At 31 March 2023 117,508 28 117,536
At 31 March 2022 0 139 139

4. Debtors

2023 2022
£ £
Trade debtors 98,224 112,390
Amounts owed by Group undertakings 119,053 136,358
Prepayments 1,589 1,332
VAT recoverable 17,280 0
Corporation tax 4,510 0
Other debtors 0 965
240,656 251,045

5. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 224,222 208,676
Accruals 1,868 1,868
Taxation and social security 74 19,449
Obligations under finance leases and hire purchase contracts (secured) 11,963 0
Other creditors 237 4,119
238,364 234,112

Amounts due in respect of hire purchase contracts are secured against the assets to which they relate.

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

2023 2022
£ £
Obligations under finance leases and hire purchase contracts (secured) 57,537 0

Amounts due in respect of hire purchase contracts are secured against the assets to which they relate.

7. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
13,073 Ordinary A shares of £ 1.00 each 13,073 13,073
3,000 Ordinary B shares of £ 1.00 each 3,000 3,000
16,073 16,073

The 'B' Ordinary shares have the right to dividends in preference to the 'A' Ordinary shares amounting to the lower of one third of the Company's distributable profits on a cumulative basis, or five times the par value of those shares. In the event of a reduction in distributable profits following payment of a dividend the holders of the 'B' Ordinary shares shall not be required to repay any dividends paid out to them.

On liquidation or capital reduction or otherwise the assets of the Company remaining after payment of its liabilities shall be applied first in paying to the holders of the 'B' Ordinary share the par value of those shares. The balance of such assets shall be distributed amongst the holders of the 'A' Ordinary shares in proportion to the amounts paid up or credited as paid up on those shares.

The 'B' Ordinary shares do not entitle the holder to vote at meetings.

8. Ultimate controlling party

Parent Company:

Jetset Limited
Centenary House Peninsula Park, Rydon Lane, Exeter, United Kingdom, EX2 7XE