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REGISTERED NUMBER: 01344839 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

BEDESTONE LIMITED

BEDESTONE LIMITED (REGISTERED NUMBER: 01344839)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BEDESTONE LIMITED

COMPANY INFORMATION
for the year ended 31 July 2024







DIRECTORS: D J Rhodes
R J Stanley





REGISTERED OFFICE: Boulton House
41 Icknield Street
Hockley
Birmingham
West Midlands
B18 5AY





REGISTERED NUMBER: 01344839 (England and Wales)





ACCOUNTANTS: LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB

BEDESTONE LIMITED (REGISTERED NUMBER: 01344839)

BALANCE SHEET
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 353,587 437,743

CURRENT ASSETS
Stocks 2,000 6,000
Debtors 5 193,970 233,291
Cash at bank and in hand 258,076 289,071
454,046 528,362
CREDITORS
Amounts falling due within one year 6 476,979 498,886
NET CURRENT (LIABILITIES)/ASSETS (22,933 ) 29,476
TOTAL ASSETS LESS CURRENT
LIABILITIES

330,654

467,219

CREDITORS
Amounts falling due after more than one
year

7

(139,864

)

(163,161

)

PROVISIONS FOR LIABILITIES (93,043 ) (109,436 )
NET ASSETS 97,747 194,622

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 96,747 193,622
SHAREHOLDERS' FUNDS 97,747 194,622

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

BEDESTONE LIMITED (REGISTERED NUMBER: 01344839)

BALANCE SHEET - continued
31 July 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 Richard Stanley the Board of Directors and authorised for issue on 12 March 2025 and were signed on its behalf by:





R J Stanley - Director


BEDESTONE LIMITED (REGISTERED NUMBER: 01344839)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 July 2024

1. STATUTORY INFORMATION

Bedestone 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

BEDESTONE LIMITED (REGISTERED NUMBER: 01344839)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 15 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 495,937 213,441 709,378
DEPRECIATION
At 1 August 2023 243,142 28,493 271,635
Charge for year 37,919 46,237 84,156
At 31 July 2024 281,061 74,730 355,791
NET BOOK VALUE
At 31 July 2024 214,876 138,711 353,587
At 31 July 2023 252,795 184,948 437,743

BEDESTONE LIMITED (REGISTERED NUMBER: 01344839)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 August 2023
and 31 July 2024 213,441
DEPRECIATION
At 1 August 2023 28,493
Charge for year 46,237
At 31 July 2024 74,730
NET BOOK VALUE
At 31 July 2024 138,711
At 31 July 2023 184,948

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 167,370 206,553
Other debtors - 3,125
Prepayments and accrued income 26,600 23,613
193,970 233,291

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 31,362 57,135
Trade creditors 66,198 57,481
Other creditors 1,595 2,526
Amounts owed to group undertakings 235,670 261,920
Tax 65,962 42,710
Social security and other taxes 7,154 7,681
VAT 41,391 45,625
Directors' current accounts 1,496 1,496
Accruals and deferred income 26,151 22,312
476,979 498,886

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 139,864 163,161

BEDESTONE LIMITED (REGISTERED NUMBER: 01344839)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 171,226 220,296

Obligations under hire purchase contracts are secured against the individual assets to which they relate.

9. OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £2,787 (2023: £3,997).

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11. ULTIMATE PARENT COMPANY

The controlling party is Bedestone Holdings Limited.

The ultimate controlling party are the directors and their spouses.