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REGISTERED NUMBER: 05127484 (England and Wales)















Financial Statements for the Year Ended 31 May 2024

for

Natural Stone Tiles Ltd

Natural Stone Tiles Ltd (Registered number: 05127484)

Contents of the Financial Statements
for the year ended 31 May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Natural Stone Tiles Ltd

Company Information
for the year ended 31 May 2024







DIRECTOR: Mr G G Cuanalo





REGISTERED OFFICE: Building H2/3 Unit H2 09
Old Milton Road
Didcot
Oxfordshire
OX11 7HH





REGISTERED NUMBER: 05127484 (England and Wales)





ACCOUNTANTS: Westell Accountants
3 Bradfield Court
Drayton Mill, Milton Road
Drayton
Abingdon
Oxfordshire
OX14 4EF

Natural Stone Tiles Ltd (Registered number: 05127484)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,622 -

CURRENT ASSETS
Stocks 39,650 41,200
Debtors 5 153,271 185,977
192,921 227,177
CREDITORS
Amounts falling due within one year 6 174,951 190,858
NET CURRENT ASSETS 17,970 36,319
TOTAL ASSETS LESS CURRENT LIABILITIES 22,592 36,319

CREDITORS
Amounts falling due after more than one
year

7

(11,025

)

(21,840

)

PROVISIONS FOR LIABILITIES (878 ) -
NET ASSETS 10,689 14,479

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 10,589 14,379
SHAREHOLDERS' FUNDS 10,689 14,479

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Natural Stone Tiles Ltd (Registered number: 05127484)

Balance Sheet - continued
31 May 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 March 2025 and were signed by:





Mr G G Cuanalo - Director


Natural Stone Tiles Ltd (Registered number: 05127484)

Notes to the Financial Statements
for the year ended 31 May 2024


1. STATUTORY INFORMATION

Natural Stone Tiles Ltd 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.
Plant and machinery etc - 25% on cost and 20% on cost

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 Income Statement, 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.

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

Natural Stone Tiles Ltd (Registered number: 05127484)

Notes to the Financial Statements - continued
for the year ended 31 May 2024


2. ACCOUNTING POLICIES - continued

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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 92,576
Additions 4,995
At 31 May 2024 97,571
DEPRECIATION
At 1 June 2023 92,576
Charge for year 373
At 31 May 2024 92,949
NET BOOK VALUE
At 31 May 2024 4,622

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 103,271 82,977
Other debtors 50,000 103,000
153,271 185,977

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 29,182 35,081
Trade creditors 32,536 27,348
Taxation and social security 73,023 78,747
Other creditors 40,210 49,682
174,951 190,858

Natural Stone Tiles Ltd (Registered number: 05127484)

Notes to the Financial Statements - continued
for the year ended 31 May 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 11,025 21,840

Natural Stone Tiles Ltd

Report of the Accountants to the Director of
Natural Stone Tiles Ltd


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Westell Accountants
3 Bradfield Court
Drayton Mill, Milton Road
Drayton
Abingdon
Oxfordshire
OX14 4EF


Date: .............................................