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REGISTERED NUMBER: 10830961 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

STONES ELECTRICAL HULL LIMITED

STONES ELECTRICAL HULL LIMITED (REGISTERED NUMBER: 10830961)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STONES ELECTRICAL HULL LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2023







DIRECTOR: M Stones





SECRETARY:





REGISTERED OFFICE: 24 Headlands Drive
Hessle
HU13 0JR





REGISTERED NUMBER: 10830961 (England and Wales)





ACCOUNTANTS: The Accountancy & Administration Bureau
31 Thornfields
Thorngumbald
East Riding

STONES ELECTRICAL HULL LIMITED (REGISTERED NUMBER: 10830961)

BALANCE SHEET
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,050 5,931

CURRENT ASSETS
Stocks 22,026 -
Debtors 5 113,417 205,895
Cash at bank and in hand 3,862 3,426
139,305 209,321
CREDITORS
Amounts falling due within one year 6 70,570 128,011
NET CURRENT ASSETS 68,735 81,310
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,785

87,241

CREDITORS
Amounts falling due after more than one
year

7

(25,940

)

-

PROVISIONS FOR LIABILITIES (390 ) (1,127 )
NET ASSETS 44,455 86,114

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 44,355 86,014
SHAREHOLDERS' FUNDS 44,455 86,114

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

STONES ELECTRICAL HULL LIMITED (REGISTERED NUMBER: 10830961)

BALANCE SHEET - continued
30 June 2023


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 director and authorised for issue on 5 February 2024 and were signed by:





M Stones - Director


STONES ELECTRICAL HULL LIMITED (REGISTERED NUMBER: 10830961)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Stones Electrical Hull 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.

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 etc - 33% on cost and 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

STONES ELECTRICAL HULL LIMITED (REGISTERED NUMBER: 10830961)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022
and 30 June 2023 21,795
DEPRECIATION
At 1 July 2022 15,864
Charge for year 3,881
At 30 June 2023 19,745
NET BOOK VALUE
At 30 June 2023 2,050
At 30 June 2022 5,931

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 112,235 174,565
Other debtors 1,182 31,330
113,417 205,895

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,894 44,480
Trade creditors 23,418 55,378
Taxation and social security 36,415 26,685
Other creditors 1,843 1,468
70,570 128,011

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 25,940 -

STONES ELECTRICAL HULL LIMITED (REGISTERED NUMBER: 10830961)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2023 and 30 June 2022:

2023 2022
£    £   
M Stones
Balance outstanding at start of year 31,330 35,589
Amounts advanced - 31,330
Amounts repaid (31,330 ) (35,589 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 31,330

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £33,000 (2022 - £19,000) were paid to the director .