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REGISTERED NUMBER: 10879491 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

STONEY CREEK (EST 1994) UK LTD

STONEY CREEK (EST 1994) UK LTD (REGISTERED NUMBER: 10879491)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STONEY CREEK (EST 1994) UK LTD

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: B D McConnell
J A McConnell





REGISTERED OFFICE: 10 John Street
London
WC1N 2EB





REGISTERED NUMBER: 10879491 (England and Wales)





ACCOUNTANTS: Oury Clark Chartered Accountants
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG

STONEY CREEK (EST 1994) UK LTD (REGISTERED NUMBER: 10879491)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,465 8,217

CURRENT ASSETS
Stocks 975,631 952,411
Debtors 5 49,679 108,957
Cash at bank 26,725 35,152
1,052,035 1,096,520
CREDITORS
Amounts falling due within one year 6 736,326 798,564
NET CURRENT ASSETS 315,709 297,956
TOTAL ASSETS LESS CURRENT
LIABILITIES

340,174

306,173

PROVISIONS FOR LIABILITIES 2,074 -
NET ASSETS 338,100 306,173

CAPITAL AND RESERVES
Called up share capital 8 65,100 65,100
Retained earnings 273,000 241,073
SHAREHOLDERS' FUNDS 338,100 306,173

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

STONEY CREEK (EST 1994) UK LTD (REGISTERED NUMBER: 10879491)

BALANCE SHEET - continued
31 March 2024


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 14 October 2024 and were signed on its behalf by:





B D McConnell - Director


STONEY CREEK (EST 1994) UK LTD (REGISTERED NUMBER: 10879491)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Stoney Creek (Est 1994) UK LTD 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.

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 for the sale of goods, excluding discounts, rebates, value added tax and other sales taxes.Turnover is recognised on invoice/despatch.

Tangible fixed assets
Tangible assets are initially measured at cost. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life as below:

Plant and machinery - Straight line over 3 years.
Fixtures and fittings - 18% reducing balance

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

STONEY CREEK (EST 1994) UK LTD (REGISTERED NUMBER: 10879491)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
Basic financial instruments, as covered by Section 11 of FRS 102, are measured at amortised cost. The company does not have any other financial instruments, as covered by Section 12 of FRS 102.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 21,578
Additions 22,494
At 31 March 2024 44,072
DEPRECIATION
At 1 April 2023 13,361
Charge for year 6,246
At 31 March 2024 19,607
NET BOOK VALUE
At 31 March 2024 24,465
At 31 March 2023 8,217

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 45,084 108,957
Other debtors 4,595 -
49,679 108,957

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 9,254 12,144
Taxation and social security 24,685 26,052
Other creditors & accruals 702,387 760,368
736,326 798,564

STONEY CREEK (EST 1994) UK LTD (REGISTERED NUMBER: 10879491)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.24 31.3.23
£    £   
Within one year 8,178 1,642

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
65,100 Ordinary £1 65,100 65,100

9. RELATED PARTY DISCLOSURES

As at the year end, Stoney Creek (Est 1994) UK Limited owed £696,287 (2023: £750,565) to Stoney Creek (Est 1994) Limited, a company under common control.

As at the year end, Stoney Creek (Est 1994) UK Limited owed £nil (2023: £4,834) to Poponui Limited, a company under common control.

As at the year end, Poponui Limited, a company under common control, owed £1,986 (2023: £nil) to Stoney Creek (Est 1994) UK Limited.

During the year, Stoney Creek (Est 1994) Limited provided management services of £90,000 (2023: £90,000) to Stoney Creek (Est 1994) UK Limited.

During the year, Stoney Creek (Est 1994) UK Limited invoiced royalties totalling £39,427 (2023: £30,778) to Poponui Limited a company under common control.

10. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.