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REGISTERED NUMBER: 01556872 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

WATH NATURAL STONE LIMITED

WATH NATURAL STONE LIMITED (REGISTERED NUMBER: 01556872)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WATH NATURAL STONE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: C Tolley
DA Tolley





REGISTERED OFFICE: The Bungalow
Hollowgate Avenue
Wath On Dearne
Rotherham
South Yorkshire
S63 6BT





REGISTERED NUMBER: 01556872 (England and Wales)





ACCOUNTANTS: Drury & Co
Accountants & Business Advisors
21 Hollowgate
Rotherham
South Yorkshire
S60 2LE

WATH NATURAL STONE LIMITED (REGISTERED NUMBER: 01556872)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 60,681 60,801

CURRENT ASSETS
Stocks 5 94,287 87,316
Cash at bank and in hand 38,502 74,171
132,789 161,487
CREDITORS
Amounts falling due within one year 6 65,188 73,658
NET CURRENT ASSETS 67,601 87,829
TOTAL ASSETS LESS CURRENT
LIABILITIES

128,282

148,630

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 128,182 148,530
SHAREHOLDERS' FUNDS 128,282 148,630

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

WATH NATURAL STONE LIMITED (REGISTERED NUMBER: 01556872)

BALANCE SHEET - continued
31 AUGUST 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 Board of Directors and authorised for issue on 11 January 2024 and were signed on its behalf by:





C Tolley - Director


WATH NATURAL STONE LIMITED (REGISTERED NUMBER: 01556872)

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


1. STATUTORY INFORMATION

Wath Natural Stone 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.
Freehold property - in accordance with the property
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Freehold Long Plant and Motor
property leasehold machinery vehicles Totals
£    £    £    £    £   
COST
At 1 September 2022
and 31 August 2023 59,908 7,310 56,420 7,360 130,998
DEPRECIATION
At 1 September 2022 - 7,009 55,838 7,350 70,197
Charge for year - 30 87 3 120
At 31 August 2023 - 7,039 55,925 7,353 70,317
NET BOOK VALUE
At 31 August 2023 59,908 271 495 7 60,681
At 31 August 2022 59,908 301 582 10 60,801

WATH NATURAL STONE LIMITED (REGISTERED NUMBER: 01556872)

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


5. STOCKS
2023 2022
£    £   
Stocks 94,287 87,316

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 5,208 9,052
Other creditors 59,980 64,606
65,188 73,658

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the reporting date, the company was indebted to a director in the sum of £57,355 (2022: £62,055). The transactions during the year consisted of introductions of 2,000 as against withdrawals in the sum of £6,700..

There are no formal repayment terms attached to this loan and interest is not being charged.