Company Registration No. 12757718 (England and Wales)
Stone & Co Property Ltd
Unaudited accounts
for the year ended 31 July 2023
Stone & Co Property Ltd
Unaudited accounts
Contents
Stone & Co Property Ltd
Company Information
for the year ended 31 July 2023
Directors
Ian Stone
Jayne Stone
Company Number
12757718 (England and Wales)
Registered Office
Suite 8, Stapleford Business Hub
1 Toton Lane
Stapleford
Nottingham
NG9 7JQ
United Kingdom
Accountants
Cramar Ltd
Suite 8, Stapleford Business Hub
1 Toton Lane
Stapleford
Nottingham
NG9 7JQ
Stone & Co Property Ltd
Statement of financial position
as at 31 July 2023
Called up share capital not paid
100
100
Investment property
522,100
-
Cash at bank and in hand
6,967
17
Creditors: amounts falling due within one year
-
(14,516)
Net current assets
6,967
55,491
Total assets less current liabilities
580,411
55,591
Creditors: amounts falling due after more than one year
(541,010)
-
Called up share capital
100
100
Profit and loss account
39,301
55,491
Shareholders' funds
39,401
55,591
For the year ending 31 July 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 29 July 2024 and were signed on its behalf by
Ian Stone
Director
Company Registration No. 12757718
Stone & Co Property Ltd
Notes to the Accounts
for the year ended 31 July 2023
Stone & Co Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 12757718. The registered office is Suite 8, Stapleford Business Hub, 1 Toton Lane, Stapleford, Nottingham, NG9 7JQ, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
5% on cost
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.
4
Tangible fixed assets
Fixtures & fittings
Stone & Co Property Ltd
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
13,016
8
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
541,010
-
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).