Company registration number 11940334 (England and Wales)
High Stones Holdings Ltd
UNAUDITED FINANCIAL STATEMENTS
for the period ended 31 December 2023
PAGES FOR FILING WITH REGISTRAR
High Stones Holdings Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
High Stones Holdings Ltd
Statement Of Financial Position
as at 31 December 2023
- 1 -
31 December 2023
31 March 2023
Notes
£
£
£
£
Fixed assets
Investments
4
25,000
-
0
Current assets
Debtors
5
10
40,875
Cash at bank and in hand
54,774
25,122
54,784
65,997
Creditors: amounts falling due within one year
6
(31,855)
(25,897)
Net current assets
22,929
40,100
Net assets
47,929
40,100
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
47,829
40,000
Total equity
47,929
40,100

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial period ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 30 July 2024 and are signed on its behalf by:
J J Dixon
Director
Company registration number 11940334 (England and Wales)
High Stones Holdings Ltd
Notes to the financial statements
for the period ended 31 December 2023
- 2 -
1
Accounting policies
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Reporting period
These financial statements represent the shortened period from 1 April 2023 to 31 December 2023 in order to align the year end with connected companies.
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT.

Turnover is recognised upon the provision of services.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Motor vehicles
Depreciated in full

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

High Stones Holdings Ltd
Notes to the financial statements (continued)
for the period ended 31 December 2023
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2023
2023
Number
Number
Total
2
2
3
Tangible fixed assets
Motor vehicles
£
Cost
At 1 April 2023 and 31 December 2023
1,500
Depreciation and impairment
At 1 April 2023 and 31 December 2023
1,500
Carrying amount
At 31 December 2023
-
0
At 31 March 2023
-
0
4
Fixed asset investments
2023
2023
£
£
Shares in group undertakings and participating interests
25,000
-
0
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 1 April 2023
-
Additions
100
Valuation changes
24,900
At 31 December 2023
25,000
Carrying amount
At 31 December 2023
25,000
At 31 March 2023
-
High Stones Holdings Ltd
Notes to the financial statements (continued)
for the period ended 31 December 2023
- 4 -
5
Debtors
2023
2023
Amounts falling due within one year:
£
£
Other debtors
10
40,875
6
Creditors: amounts falling due within one year
2023
2023
£
£
Amounts owed to group undertakings
23,198
-
0
Corporation tax
7,027
21,176
Other taxation and social security
-
0
3,921
Other creditors
830
-
0
Accruals and deferred income
800
800
31,855
25,897
7
Called up share capital
2023
2023
2023
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
8
Company information

High Stones Holdings Ltd is a private company limited by shares incorporated in England and Wales. The registered office is High Stones Lodge, High Stones Road, Cragg Vale, Hebden Bridge, West Yorkshire, HX7 5TU.

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