BERNINI NATURAL STONE LIMITED

Company Registration Number:
07654160 (England and Wales)

Unaudited abridged accounts for the year ended 29 June 2024

Period of accounts

Start date: 30 June 2023

End date: 29 June 2024

BERNINI NATURAL STONE LIMITED

Contents of the Financial Statements

for the Period Ended 29 June 2024

Balance sheet
Notes

BERNINI NATURAL STONE LIMITED

Balance sheet

As at 29 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 167,574 209,839
Total fixed assets: 167,574 209,839
Current assets
Debtors:   248,679 400,008
Cash at bank and in hand: 656,733 544,258
Total current assets: 905,412 944,266
Creditors: amounts falling due within one year:   (187,580) (277,688)
Net current assets (liabilities): 717,832 666,578
Total assets less current liabilities: 885,406 876,417
Creditors: amounts falling due after more than one year:   (123,998) (137,188)
Total net assets (liabilities): 761,408 739,229
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 761,308 739,129
Shareholders funds: 761,408 739,229

The notes form part of these financial statements

BERNINI NATURAL STONE LIMITED

Balance sheet statements

For the year ending 29 June 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 March 2025
and signed on behalf of the board by:

Name: E Donohue
Status: Director

The notes form part of these financial statements

BERNINI NATURAL STONE LIMITED

Notes to the Financial Statements

for the Period Ended 29 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Other accounting policies

Finance leases and hire purchase contracts Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

BERNINI NATURAL STONE LIMITED

Notes to the Financial Statements

for the Period Ended 29 June 2024

2. Employees

2024 2023
Average number of employees during the period 14 9

BERNINI NATURAL STONE LIMITED

Notes to the Financial Statements

for the Period Ended 29 June 2024

3. Tangible Assets

Total
Cost £
At 30 June 2023 313,021
Additions 585
At 29 June 2024 313,606
Depreciation
At 30 June 2023 103,182
Charge for year 42,850
At 29 June 2024 146,032
Net book value
At 29 June 2024 167,574
At 29 June 2023 209,839