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REGISTERED NUMBER: 09322167 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Stone Developments Wiltshire Limited

Stone Developments Wiltshire Limited (Registered number: 09322167)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Stone Developments Wiltshire Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Mrs K Stone
C Stone





REGISTERED OFFICE: Grange Cottage
125 Ashton Road
Hilperton
Trowbridge
Wiltshire
BA14 7QY





REGISTERED NUMBER: 09322167 (England and Wales)





ACCOUNTANTS: OCL Accountancy
141 Englishcombe Lane
Bath
BA2 2EL

Stone Developments Wiltshire Limited (Registered number: 09322167)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,822,188 1,539,699

CURRENT ASSETS
Stocks 3,442,080 1,159,337
Debtors 5 25,965 201,585
Investments 6 200 100
Cash at bank 179,843 93,229
3,648,088 1,454,251
CREDITORS
Amounts falling due within one year 7 1,589,593 897,926
NET CURRENT ASSETS 2,058,495 556,325
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,880,683

2,096,024

CREDITORS
Amounts falling due after more than one year 8 (3,417,929 ) (1,713,850 )

PROVISIONS FOR LIABILITIES (10,857 ) (7,904 )
NET ASSETS 451,897 374,270

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 451,797 374,170
SHAREHOLDERS' FUNDS 451,897 374,270

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 15 April 2024 and were signed on its behalf by:





Mrs K Stone - Director


Stone Developments Wiltshire Limited (Registered number: 09322167)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Stone Developments Wiltshire 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 - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 4 ) .

Stone Developments Wiltshire Limited (Registered number: 09322167)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022 1,498,100 70,632 1,568,732
Additions 600,073 47,978 648,051
Disposals (325,000 ) (32,298 ) (357,298 )
At 30 November 2023 1,773,173 86,312 1,859,485
DEPRECIATION
At 1 December 2022 - 29,033 29,033
Charge for year - 16,338 16,338
Eliminated on disposal - (8,074 ) (8,074 )
At 30 November 2023 - 37,297 37,297
NET BOOK VALUE
At 30 November 2023 1,773,173 49,015 1,822,188
At 30 November 2022 1,498,100 41,599 1,539,699

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Amounts owed by group undertakings 80 196,236
Other debtors 25,885 5,349
25,965 201,585

6. CURRENT ASSET INVESTMENTS
30.11.23 30.11.22
£    £   
Shares in group undertakings 200 100

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 5,500 5,500
Hire purchase contracts 3,638 -
Trade creditors 75 -
Amounts owed to group undertakings 148,338 -
Taxation and social security 14,149 23,430
Other creditors 1,417,893 868,996
1,589,593 897,926

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 33,852 39,407
Hire purchase contracts 22,664 -
Other creditors 3,361,413 1,674,443
3,417,929 1,713,850

Stone Developments Wiltshire Limited (Registered number: 09322167)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr C and Mrs K Stone.