WORLD STONES LIMITED

Company Registration Number:
11880890 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

WORLD STONES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

WORLD STONES LIMITED

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The director shown below has held office during the whole of the period from
1 April 2023 to 31 March 2024

Sharon Lock


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
4 November 2024

And signed on behalf of the board by:
Name: Sharon Lock
Status: Director

WORLD STONES LIMITED

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 4,498,584 2,986,745
Cost of sales: ( 2,398,545 ) ( 1,617,865 )
Gross profit(or loss): 2,100,039 1,368,880
Distribution costs: ( 254,125 ) ( 101,324 )
Administrative expenses: ( 508,965 ) ( 386,952 )
Operating profit(or loss): 1,336,949 880,604
Profit(or loss) before tax: 1,336,949 880,604
Tax: ( 301,737 ) ( 158,509 )
Profit(or loss) for the financial year: 1,035,212 722,095

WORLD STONES LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 995,148 835,472
Total fixed assets: 995,148 835,472
Current assets
Stocks: 4 1,213,785 325,089
Debtors: 5 752,569 564,287
Cash at bank and in hand: 329,678 249,615
Total current assets: 2,296,032 1,138,991
Creditors: amounts falling due within one year: 6 ( 502,574 ) ( 221,069 )
Net current assets (liabilities): 1,793,458 917,922
Total assets less current liabilities: 2,788,606 1,753,394
Total net assets (liabilities): 2,788,606 1,753,394
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 2,788,605 1,753,393
Total Shareholders' funds: 2,788,606 1,753,394

The notes form part of these financial statements

WORLD STONES LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 29 November 2024
and signed on behalf of the board by:

Name: Sharon Lock
Status: Director

The notes form part of these financial statements

WORLD STONES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

WORLD STONES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 14 10

WORLD STONES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 572,280 107,460 48,068 64,678 218,028 1,010,514
Additions 29,865 79,854 125,845 94,325 329,889
Disposals
Revaluations
Transfers
At 31 March 2024 572,280 137,325 127,922 190,523 312,353 1,340,403
Depreciation
At 1 April 2023 18,646 26,342 48,251 81,803 175,042
Charge for year 27,465 25,584 38,104 79,060 170,213
On disposals
Other adjustments
At 31 March 2024 46,111 51,926 86,355 160,863 345,255
Net book value
At 31 March 2024 572,280 91,214 75,996 104,168 151,490 995,148
At 31 March 2023 572,280 88,814 21,726 16,427 136,225 835,472

WORLD STONES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Stocks

2024 2023
£ £
Stocks 1,213,785 325,089
Total 1,213,785 325,089

WORLD STONES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Trade debtors 752,569 564,287
Total 752,569 564,287

WORLD STONES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 148,679 62,560
Taxation and social security 353,895 158,509
Total 502,574 221,069