Stones Court Limited 09380812 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is management of properties known as Stones Court Digita Accounts Production Advanced 6.30.9574.0 true true 09380812 2023-02-01 2024-01-31 09380812 2024-01-31 09380812 bus:OrdinaryShareClass1 2024-01-31 09380812 core:CurrentFinancialInstruments 2024-01-31 09380812 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 09380812 core:LandBuildings 2024-01-31 09380812 core:OtherPropertyPlantEquipment 2024-01-31 09380812 bus:SmallEntities 2023-02-01 2024-01-31 09380812 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 09380812 bus:FilletedAccounts 2023-02-01 2024-01-31 09380812 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09380812 bus:RegisteredOffice 2023-02-01 2024-01-31 09380812 bus:CompanySecretary1 2023-02-01 2024-01-31 09380812 bus:Director1 2023-02-01 2024-01-31 09380812 bus:Director4 2023-02-01 2024-01-31 09380812 bus:Director5 2023-02-01 2024-01-31 09380812 bus:OrdinaryShareClass1 2023-02-01 2024-01-31 09380812 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09380812 core:LandBuildings 2023-02-01 2024-01-31 09380812 core:OtherPropertyPlantEquipment 2023-02-01 2024-01-31 09380812 core:PlantMachinery 2023-02-01 2024-01-31 09380812 countries:England 2023-02-01 2024-01-31 09380812 2023-01-31 09380812 core:LandBuildings 2023-01-31 09380812 core:OtherPropertyPlantEquipment 2023-01-31 09380812 2022-02-01 2023-01-31 09380812 2023-01-31 09380812 bus:OrdinaryShareClass1 2023-01-31 09380812 core:CurrentFinancialInstruments 2023-01-31 09380812 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 09380812 core:LandBuildings 2023-01-31 09380812 core:OtherPropertyPlantEquipment 2023-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09380812

Stones Court Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2024

 

Stones Court Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Stones Court Limited

Company Information

Directors

Mrs Jane Elizabeth Tarrant

Mr Richard Cottle

Mr Daniel William Sharp

Company secretary

Mr Nigel Arthur Tarrant

Registered office

35 Westwood Road
Trowbridge
BA14 9BR

Accountants

BJP Finance Ltd
Chartered Accountants
34 Market Street
Bradford-On-Avon
Wiltshire
BA15 1LL

 

Stones Court Limited

(Registration number: 09380812)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

902

941

Current assets

 

Debtors

5

13

13

Cash at bank and in hand

 

11,893

3,327

 

11,906

3,340

Creditors: Amounts falling due within one year

6

(12,795)

(4,268)

Net current liabilities

 

(889)

(928)

Net assets

 

13

13

Capital and reserves

 

Called up share capital

7

13

13

Shareholders' funds

 

13

13

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 October 2024 and signed on its behalf by:
 

.........................................
Mrs Jane Elizabeth Tarrant
Director

 

Stones Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
35 Westwood Road
Trowbridge
BA14 9BR
England

These financial statements were authorised for issue by the Board on 22 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Stones Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Land & Buildings

2% straight line

Plant & Machinery

10% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

Stones Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

4

Tangible assets

Land and buildings
£

Other tangible assets
£

Total
£

Cost or valuation

At 1 February 2023

938

194

1,132

At 31 January 2024

938

194

1,132

Depreciation

At 1 February 2023

94

97

191

Charge for the year

19

20

39

At 31 January 2024

113

117

230

Carrying amount

At 31 January 2024

825

77

902

At 31 January 2023

844

97

941

Included within the net book value of land and buildings above is £825 (2023 - £844) in respect of freehold land and buildings.
 

5

Debtors

Current

2024
£

2023
£

Other debtors

13

13

 

13

13

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

500

-

Accruals and deferred income

660

576

Other creditors

11,635

3,692

12,795

4,268

 

Stones Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £1 each

13

13

13

13