Company Registration No. 11976220 (England and Wales)
Argyll Stonework Ltd
Unaudited accounts
for the year ended 30 April 2024
Argyll Stonework Ltd
Unaudited accounts
Contents
Argyll Stonework Ltd
Company Information
for the year ended 30 April 2024
Directors
Innis Linn
Bethan Kate Goodwin-Linn
Company Number
11976220 (England and Wales)
Registered Office
Wittas House, Two Rivers
Station Lane
WITNEY
Oxon
OX28 4BH
United Kingdom
Accountants
Aventae Ltd
Wittas House, Two Rivers
Station Lane
WITNEY
Oxon
OX28 4BH
Argyll Stonework Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
12,658
485
Cash at bank and in hand
367
6,864
Creditors: amounts falling due within one year
(55,408)
(25,786)
Net current (liabilities)/assets
(9,614)
7,268
Total assets less current liabilities
3,044
7,753
Creditors: amounts falling due after more than one year
(2,544)
(6,752)
Called up share capital
100
100
Profit and loss account
400
901
Shareholders' funds
500
1,001
For the year ending 30 April 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by
Innis Linn
Director
Company Registration No. 11976220
Argyll Stonework Ltd
Notes to the Accounts
for the year ended 30 April 2024
Argyll Stonework Ltd is a private company, limited by shares, registered in England and Wales, registration number 11976220. The registered office is Wittas House, Two Rivers, Station Lane, WITNEY, Oxon, OX28 4BH, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
20% Straight Line Method
Motor vehicles
20% Reducing Balance Method
Computer equipment
20% Straight Line Method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
431
-
279
710
Additions
1,275
13,650
-
14,925
At 30 April 2024
1,706
13,650
279
15,635
At 1 May 2023
197
-
28
225
Charge for the year
247
2,449
56
2,752
At 30 April 2024
444
2,449
84
2,977
At 30 April 2024
1,262
11,201
195
12,658
At 30 April 2023
234
-
251
485
Argyll Stonework Ltd
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Accrued income and prepayments
-
326
Other debtors
18,827
24,681
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
30,296
15,926
Obligations under finance leases and hire purchase contracts
7,019
-
Taxes and social security
10,226
9,174
7
Creditors: amounts falling due after more than one year
2024
2023
Included in the above amount of £2,544 is the balance of a bounce back loan provided by Barclays of £12,500.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loans to directors
20,383
18,660
20,383
18,660
20,383
18,660
20,383
18,660
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).