IRIS Accounts Production v24.2.0.383 SC666355 Board of Directors Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC6663552023-07-31SC6663552024-07-31SC6663552023-08-012024-07-31SC6663552022-07-31SC6663552022-08-012023-07-31SC6663552023-07-31SC666355ns15:Scotland2023-08-012024-07-31SC666355ns14:PoundSterling2023-08-012024-07-31SC666355ns10:Director12023-08-012024-07-31SC666355ns10:Director22023-08-012024-07-31SC666355ns10:PrivateLimitedCompanyLtd2023-08-012024-07-31SC666355ns10:SmallEntities2023-08-012024-07-31SC666355ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-31SC666355ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-31SC666355ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-31SC666355ns10:FullAccounts2023-08-012024-07-31SC666355ns10:RegisteredOffice2023-08-012024-07-31SC666355ns5:CurrentFinancialInstruments2024-07-31SC666355ns5:CurrentFinancialInstruments2023-07-31SC666355ns5:ShareCapital2024-07-31SC666355ns5:ShareCapital2023-07-31SC666355ns5:RetainedEarningsAccumulatedLosses2024-07-31SC666355ns5:RetainedEarningsAccumulatedLosses2023-07-31SC666355ns5:ComputerEquipment2023-08-012024-07-31SC666355ns5:ComputerEquipment2023-07-31SC666355ns5:ComputerEquipment2024-07-31SC666355ns5:ComputerEquipment2023-07-31
REGISTERED NUMBER: SC666355 (Scotland)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Stone Soup Ltd

Stone Soup Ltd (Registered number: SC666355)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Stone Soup Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: S Reynolds
D W O Speirs





REGISTERED OFFICE: 11 Paisley Gardens
Edinburgh
EH8 7JN





REGISTERED NUMBER: SC666355 (Scotland)





ACCOUNTANTS: One Accounting Ltd
Chartered Management Accountants
Drumsheugh Toll
2 Belford Road
Edinburgh
Midlothian
EH4 3BL

Stone Soup Ltd (Registered number: SC666355)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 523 1,123

CURRENT ASSETS
Debtors 5 3,600 -
Cash at bank 34,695 23,496
38,295 23,496
CREDITORS
Amounts falling due within one year 6 23,117 22,870
NET CURRENT ASSETS 15,178 626
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,701

1,749

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 15,601 1,649
15,701 1,749

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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 9 September 2024 and were signed on its behalf by:




S Reynolds - Director



D W O Speirs - Director


Stone Soup Ltd (Registered number: SC666355)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Stone Soup Ltd is a private company, limited by shares , registered in Scotland. 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.
Computer equipments - 33% on 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 1 (2023 - 1 ) .

Stone Soup Ltd (Registered number: SC666355)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Computer
equipments
£   
COST
At 1 August 2023
and 31 July 2024 1,820
DEPRECIATION
At 1 August 2023 697
Charge for year 600
At 31 July 2024 1,297
NET BOOK VALUE
At 31 July 2024 523
At 31 July 2023 1,123

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 3,600 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Corporation Tax 3,470 3,124
Social security and other taxes 152 -
VAT 1,456 2,633
Other creditors - 306
Directors' current accounts 734 734
Accruals and deferred income 16,471 15,279
Accrued expenses 834 794
23,117 22,870