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Company Registration No. 06576920 (England and Wales)
Wilson-Stone Contracting Ltd Unaudited accounts for the year ended 31 October 2024
Wilson-Stone Contracting Ltd Unaudited accounts Contents
Page
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Wilson-Stone Contracting Ltd Company Information for the year ended 31 October 2024
Director
Dean Hayman Stone
Company Number
06576920 (England and Wales)
Registered Office
C/O Evans Entwistle Office 12a Equinox South, Bradley Stoke Bristol BS32 4QL United Kingdom
Accountants
Evans Entwistle Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Wilson-Stone Contracting Ltd for the year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Wilson-Stone Contracting Ltd for the year ended 31 October 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL 12 February 2025
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Wilson-Stone Contracting Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
68,702 
39,939 
Current assets
Debtors
186,271 
198,806 
Cash at bank and in hand
233,001 
57,117 
419,272 
255,923 
Creditors: amounts falling due within one year
(216,870)
(26,016)
Net current assets
202,402 
229,907 
Total assets less current liabilities
271,104 
269,846 
Creditors: amounts falling due after more than one year
(192,391)
(208,241)
Provisions for liabilities
Deferred tax
(13,053)
(5,575)
Net assets
65,660 
56,030 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
65,560 
55,930 
Shareholders' funds
65,660 
56,030 
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 24 February 2025 and were signed on its behalf by
Dean Hayman Stone Director Company Registration No. 06576920
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Wilson-Stone Contracting Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Wilson-Stone Contracting Ltd is a private company, limited by shares, registered in England and Wales, registration number 06576920. The registered office is C/O Evans Entwistle Office 12a, Equinox South, Bradley Stoke, Bristol, BS32 4QL, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
5 years straight line
Motor vehicles
4 years straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Wilson-Stone Contracting Ltd Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2023
68,470 
- 
6,000 
74,470 
Additions
9,060 
36,550 
- 
45,610 
At 31 October 2024
77,530 
36,550 
6,000 
120,080 
Depreciation
At 1 November 2023
33,131 
- 
1,400 
34,531 
Charge for the year
13,118 
2,129 
1,600 
16,847 
At 31 October 2024
46,249 
2,129 
3,000 
51,378 
Net book value
At 31 October 2024
31,281 
34,421 
3,000 
68,702 
At 31 October 2023
35,339 
- 
4,600 
39,939 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
11,547 
3,348 
Trade debtors
- 
11,914 
Amounts due from group undertakings etc.
23,544 
53,544 
Accrued income and prepayments
17,117 
- 
Other debtors
121,679 
130,000 
173,887 
198,806 
Amounts falling due after more than one year
Other debtors
12,384 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
14,999 
4,975 
Trade creditors
50,766 
7,822 
Taxes and social security
261 
11,919 
Loans from directors
149,284 
- 
Accruals
1,560 
1,300 
216,870 
26,016 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
192,391 
208,241 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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Wilson-Stone Contracting Ltd Notes to the Accounts for the year ended 31 October 2024
9
Transactions with related parties
At the balance sheet date: - the company was due £23,544 from Wilson-Stone Group Ltd (14362393), a company under common control. - the company owed £192,391 to Wilson-Stone Holdings Ltd (14359800), a group company.
10
Controlling party
The company is a wholly owned subsidiary of Wilson-Stone Holding Ltd (14359800).
11
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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