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Company Registration No. 14359800 (England and Wales)
Wilson-Stone Holding Ltd Unaudited accounts for the year ended 31 October 2023
Wilson-Stone Holding Ltd Unaudited accounts Contents
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Wilson-Stone Holding Ltd Company Information for the year ended 31 October 2023
Directors
Lucy Jane Hadingham Dean Stone
Company Number
14359800 (England and Wales)
Registered Office
432 Gloucester Road Bristol BS7 8TX
Accountants
Evans Entwistle 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Wilson-Stone Holding Ltd for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Wilson-Stone Holding Ltd for the year ended 31 October 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA 28 February 2024
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Wilson-Stone Holding Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
10,120 
18,400 
Tangible assets
7,483 
22,512 
Investment property
976,903 
976,903 
Investments
100 
100 
994,606 
1,017,915 
Current assets
Debtors
228,241 
99,999 
Cash at bank and in hand
60,000 
- 
288,241 
99,999 
Creditors: amounts falling due within one year
(140,161)
(960)
Net current assets
148,080 
99,039 
Net assets
1,142,686 
1,116,954 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,142,586 
1,116,854 
Shareholders' funds
1,142,686 
1,116,954 
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2024 and were signed on its behalf by
Lucy Jane Hadingham Director Company Registration No. 14359800
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Wilson-Stone Holding Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Wilson-Stone Holding Ltd is a private company, limited by shares, registered in England and Wales, registration number 14359800. The registered office is 432 Gloucester Road, Bristol, BS7 8TX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 years straight line
Motor vehicles
4 years straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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Wilson-Stone Holding Ltd Notes to the Accounts for the year ended 31 October 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2022
18,400 
At 31 October 2023
18,400 
Amortisation
At 1 November 2022
- 
Charge for the year
8,280 
At 31 October 2023
8,280 
Net book value
At 31 October 2023
10,120 
At 31 October 2022
18,400 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
91,698 
73,634 
165,332 
At 31 October 2023
91,698 
73,634 
165,332 
Depreciation
At 1 November 2022
89,355 
53,465 
142,820 
Charge for the year
1,583 
13,446 
15,029 
At 31 October 2023
90,938 
66,911 
157,849 
Net book value
At 31 October 2023
760 
6,723 
7,483 
At 31 October 2022
2,343 
20,169 
22,512 
6
Investment property
2023 
£ 
Fair value at 1 November 2022
976,903 
At 31 October 2023
976,903 
The investment property is included in the accounts at a market value that is estimated by the directors.
7
Investments
Subsidiary undertakings 
£ 
Valuation at 1 November 2022
100 
Valuation at 31 October 2023
100 
Investment in Wilson-Stone Contracting Ltd (06576920).
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Wilson-Stone Holding Ltd Notes to the Accounts for the year ended 31 October 2023
8
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
208,241 
99,999 
Other debtors
20,000 
- 
228,241 
99,999 
9
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
139,201 
- 
Accruals
960 
960 
140,161 
960 
10
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
11
Transactions with related parties
On 31st October 2023 the company was due £208,241 from Wilson-Stone Contracting Ltd (06576920) a fully owned subsidiary.
12
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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