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REGISTERED NUMBER: 08847245 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

CORINIUM CAST STONE LIMITED

CORINIUM CAST STONE LIMITED (REGISTERED NUMBER: 08847245)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CORINIUM CAST STONE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: A R Taylor
A Wood
D Young





REGISTERED OFFICE: 4th Floor St. James House
St. James Square
Cheltenham
GL50 3PR





REGISTERED NUMBER: 08847245 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
4th Floor
St James House
St James Square
Cheltenham
Gloucestershire
GL50 3PR

CORINIUM CAST STONE LIMITED (REGISTERED NUMBER: 08847245)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £ £
FIXED ASSETS
Property, plant and equipment 4 42,977 47,823

CURRENT ASSETS
Inventories 172,543 131,628
Debtors 5 71,575 106,071
Cash at bank 349,274 309,572
593,392 547,271
CREDITORS
Amounts falling due within one year 6 (80,134 ) (90,665 )
NET CURRENT ASSETS 513,258 456,606
TOTAL ASSETS LESS CURRENT
LIABILITIES

556,235

504,429

PROVISIONS FOR LIABILITIES (8,451 ) (9,174 )
NET ASSETS 547,784 495,255

CAPITAL AND RESERVES
Called up share capital 525 525
Capital redemption reserve 175 175
Retained earnings 547,084 494,555
SHAREHOLDERS' FUNDS 547,784 495,255

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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by:





D Young - Director


CORINIUM CAST STONE LIMITED (REGISTERED NUMBER: 08847245)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Corinium Cast Stone Limited 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
Revenue 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.
Plant and equipment - 20% on reducing balance
Computers - 20% on cost

Stocks
Inventories and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exceptions:

Deferred tax assets are recognised only to the extent that directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantially enacted at the balance sheet date.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 12 ) .

CORINIUM CAST STONE LIMITED (REGISTERED NUMBER: 08847245)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. PROPERTY, PLANT AND EQUIPMENT
Plant and
equipment Computers Totals
£ £ £
COST
At 1 April 2023 198,339 4,429 202,768
Additions 3,964 2,195 6,159
At 31 March 2024 202,303 6,624 208,927
DEPRECIATION
At 1 April 2023 152,092 2,853 154,945
Charge for year 10,054 951 11,005
At 31 March 2024 162,146 3,804 165,950
NET BOOK VALUE
At 31 March 2024 40,157 2,820 42,977
At 31 March 2023 46,247 1,576 47,823

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 56,655 91,366
Other debtors 14,920 14,705
71,575 106,071

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 14,519 11,700
Taxation and social security 60,936 74,574
Other creditors 4,679 4,391
80,134 90,665

7. RELATED PARTY DISCLOSURES

Included within other debtors due within one year is a loan to the directors amounting to £8,808 (2023: £8,591). The loan is split equally between the directors.

Interest has been charged on this balance in accordance with the HMRC official rate.