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REGISTERED NUMBER: 08871845 (England and Wales)















SCREED & STONE (HOLDINGS) LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2023






SCREED & STONE (HOLDINGS) LIMITED (REGISTERED NUMBER: 08871845)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SCREED & STONE (HOLDINGS) LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTOR: J K Houlston





REGISTERED OFFICE: The Counting House
59-61 Charlotte Street
St Pauls Square
Birmingham
B3 1PX





REGISTERED NUMBER: 08871845 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

SCREED & STONE (HOLDINGS) LIMITED (REGISTERED NUMBER: 08871845)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 338,820 347,080

CURRENT ASSETS
Debtors 5 240,507 -
Cash at bank 339,475 452,329
579,982 452,329
CREDITORS
Amounts falling due within one year 6 108,695 47,247
NET CURRENT ASSETS 471,287 405,082
TOTAL ASSETS LESS CURRENT
LIABILITIES

810,107

752,162

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 810,007 752,062
SHAREHOLDERS' FUNDS 810,107 752,162

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 9 August 2024 and were signed by:





J K Houlston - Director


SCREED & STONE (HOLDINGS) LIMITED (REGISTERED NUMBER: 08871845)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Screed & Stone (Holdings) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS

2023 2022
£    £   
Shares in group undertakings 200 200
Other investments not loans 338,620 346,880
338,820 347,080

SCREED & STONE (HOLDINGS) LIMITED (REGISTERED NUMBER: 08871845)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. FIXED ASSET INVESTMENTS - continued

Additional information is as follows:
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 January 2023 200 121,880 122,080
Disposals - (8,260 ) (8,260 )
At 31 December 2023 200 113,620 113,820
NET BOOK VALUE
At 31 December 2023 200 113,620 113,820
At 31 December 2022 200 121,880 122,080

Investments (neither listed nor unlisted) were as follows:
2023 2022
£    £   
Cryptocurrency investments 225,000 225,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Directors' current accounts 240,507 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 85,195 21,309
Directors' current accounts 23,500 25,938
108,695 47,247

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
J K Houlston
Balance outstanding at start of year - -
Amounts advanced 240,507 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 240,507 -

Included within creditors are directors' current accounts that are interest free and repayable on demand.