Company Registration No. 08256706 (England and Wales)
STONEFLEX CONSTRUCTION LIMITED
Unaudited accounts
for the year ended 31 October 2023
STONEFLEX CONSTRUCTION LIMITED
Unaudited accounts
Contents
STONEFLEX CONSTRUCTION LIMITED
Company Information
for the year ended 31 October 2023
Director
Tariq Kadhim Khalil
Company Number
08256706 (England and Wales)
Registered Office
91 HAMMERSMITH ROAD
LONDON
W14 0QH
STONEFLEX CONSTRUCTION LIMITED
Statement of financial position
as at 31 October 2023
Tangible assets
14,376
17,532
Investment property
1,023,849
1,023,849
Cash at bank and in hand
39,309
48,120
Creditors: amounts falling due within one year
(711,058)
(984,564)
Net current liabilities
(671,749)
(657,956)
Total assets less current liabilities
366,476
383,425
Creditors: amounts falling due after more than one year
(4,584)
(9,020)
Net assets
361,892
374,405
Called up share capital
1
1
Profit and loss account
361,891
374,404
Shareholders' funds
361,892
374,405
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 21 August 2024 and were signed on its behalf by
Tariq Kadhim Khalil
Director
Company Registration No. 08256706
STONEFLEX CONSTRUCTION LIMITED
Notes to the Accounts
for the year ended 31 October 2023
STONEFLEX CONSTRUCTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08256706. The registered office is 91 HAMMERSMITH ROAD, LONDON, W14 0QH.
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:
Plant & machinery
18% reducing rate
Motor vehicles
18% reducing rate
Computer equipment
18% reducing rate
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
4,544
23,845
1,098
29,487
At 31 October 2023
4,544
23,845
1,098
29,487
At 1 November 2022
3,783
7,812
360
11,955
Charge for the year
137
2,886
133
3,156
At 31 October 2023
3,920
10,698
493
15,111
At 31 October 2023
624
13,147
605
14,376
At 31 October 2022
761
16,033
738
17,532
Fair value at 1 November 2022
1,023,849
At 31 October 2023
1,023,849
STONEFLEX CONSTRUCTION LIMITED
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
4,437
4,437
Taxes and social security
-
2,784
Loans from directors
704,787
976,611
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
4,584
9,020
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).