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REGISTERED NUMBER: 02896615 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

TURNSTONE LIMITED

TURNSTONE LIMITED (REGISTERED NUMBER: 02896615)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TURNSTONE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: C J Thornton
S J Thornton





SECRETARY: S J Thornton





REGISTERED OFFICE: Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW





REGISTERED NUMBER: 02896615 (England and Wales)





ACCOUNTANTS: GBJ Financial Limited
Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW

TURNSTONE LIMITED (REGISTERED NUMBER: 02896615)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 1,109 1,478

CURRENT ASSETS
Cash at bank 59,407 59,197

CREDITORS
Amounts falling due within one year 5 33,908 37,215
NET CURRENT ASSETS 25,499 21,982
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,608

23,460

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 26,508 23,360
SHAREHOLDERS' FUNDS 26,608 23,460

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

TURNSTONE LIMITED (REGISTERED NUMBER: 02896615)

BALANCE SHEET - continued
30 JUNE 2024


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 26 March 2025 and were signed on its behalf by:





C J Thornton - Director


TURNSTONE LIMITED (REGISTERED NUMBER: 02896615)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Turnstone 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
Turnover 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.
Office equipment and furniture - 25% on reducing balance
Computer equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Office
equipment
and Computer
furniture equipment Totals
£ £ £
COST
At 1 July 2023
and 30 June 2024 2,153 16,999 19,152
DEPRECIATION
At 1 July 2023 1,962 15,712 17,674
Charge for year 47 322 369
At 30 June 2024 2,009 16,034 18,043
NET BOOK VALUE
At 30 June 2024 144 965 1,109
At 30 June 2023 191 1,287 1,478

TURNSTONE LIMITED (REGISTERED NUMBER: 02896615)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 1,033 -
Taxation and social security 31,425 19,011
Other creditors 1,450 18,204
33,908 37,215