Company Registration No. 05168429 (England and Wales)
STONE WALLWORK UK LIMITED
Unaudited accounts
for the year ended 30 June 2024
STONE WALLWORK UK LIMITED
Unaudited accounts
Contents
STONE WALLWORK UK LIMITED
Company Information
for the year ended 30 June 2024
Company Number
05168429 (England and Wales)
Registered Office
3rd Floor Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
Accountants
RMR Partnership LLP
3rd Floor, Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
STONE WALLWORK UK LIMITED
Statement of financial position
as at 30 June 2024
Tangible assets
5,414
6,450
Cash at bank and in hand
1,831
2,740
Creditors: amounts falling due within one year
(74,523)
(101,683)
Net current assets
56,107
77,956
Total assets less current liabilities
61,521
84,406
Creditors: amounts falling due after more than one year
(60,622)
(73,194)
Called up share capital
2
2
Profit and loss account
897
11,210
Shareholders' funds
899
11,212
For the year ending 30 June 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 26 March 2025 and were signed on its behalf by
J ROY
Director
Company Registration No. 05168429
STONE WALLWORK UK LIMITED
Notes to the Accounts
for the year ended 30 June 2024
STONE WALLWORK UK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05168429. The registered office is 3rd Floor Vyman House, 104 College Road, Harrow, Middlesex, HA1 1BQ.
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.
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.
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
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.
Tangible fixed assets and depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures & fittings
25% reducing balance
Computer equipment
33% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
STONE WALLWORK UK LIMITED
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2023
9,100
12,625
21,725
At 30 June 2024
9,100
13,624
22,724
At 1 July 2023
5,521
9,754
15,275
Charge for the year
895
1,140
2,035
At 30 June 2024
6,416
10,894
17,310
At 30 June 2024
2,684
2,730
5,414
At 30 June 2023
3,579
2,871
6,450
Amounts falling due within one year
Accrued income and prepayments
-
1,834
Other debtors
104,869
135,338
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
60,023
24,825
Trade creditors
2,552
6,156
Taxes and social security
8,577
8,139
Other creditors
296
29,938
Loans from directors
-
29,550
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).