Company registration number 04611241 (England and Wales)
R R STONE CO LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
R R STONE CO LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
R R STONE CO LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
4
386,532
376,338
Current assets
Stocks
415,822
444,461
Debtors
5
388,214
387,802
Cash at bank and in hand
124,912
180,501
928,948
1,012,764
Creditors: amounts falling due within one year
6
(278,057)
(382,929)
Net current assets
650,891
629,835
Total assets less current liabilities
1,037,423
1,006,173
Creditors: amounts falling due after more than one year
7
(6,115)
(12,780)
Provisions for liabilities
(56,266)
(52,912)
Net assets
975,042
940,481
Capital and reserves
Called up share capital
8
1,000
1,000
Profit and loss reserves
974,042
939,481
Total equity
975,042
940,481

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

R R STONE CO LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2024
31 December 2024
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 11 April 2025 and are signed on its behalf by:
Mr R H Rogers
Mrs D L Rogers
Director
Director
Company registration number 04611241 (England and Wales)
R R STONE CO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
1
Accounting policies
Company information

R R Stone Co Limited is a private company limited by shares incorporated in England and Wales. The registered office is Gatefoot Mill, Windermere Road, Staveley, Kendal, LA8 9PL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Freehold
no depreciation
Leasehold property imp'ts
10%/20% on cost
Plant and machinery
15% on reducing balance
Fixtures, fittings & equipment
15% on reducing balance
Computer equipment
33% on cost
Motor vehicles
15% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.3
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

 

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

R R STONE CO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 4 -
1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was as follows:-

2024
2023
Number
Number
Total
11
11
R R STONE CO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 5 -
3
Intangible fixed assets
Goodwill
Website costs
Total
£
£
£
Cost
At 1 January 2024 and 31 December 2024
50,000
4,000
54,000
Amortisation and impairment
At 1 January 2024 and 31 December 2024
50,000
4,000
54,000
Carrying amount
At 31 December 2024
-
0
-
0
-
0
At 31 December 2023
-
0
-
0
-
0
R R STONE CO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 6 -
4
Tangible fixed assets
Land and buildings Freehold
Leasehold property imp'ts
Plant and machinery
Fixtures, fittings & equipment
Computer equipment
Motor vehicles
Total
£
£
£
£
£
£
£
Cost
At 1 January 2024
161,240
267,863
150,183
66,635
49,117
137,537
832,575
Additions
-
0
-
0
45,020
496
1,290
-
0
46,806
Disposals
-
0
-
0
-
0
-
0
-
0
(4,390)
(4,390)
At 31 December 2024
161,240
267,863
195,203
67,131
50,407
133,147
874,991
Depreciation and impairment
At 1 January 2024
-
0
238,272
76,498
57,418
46,023
38,026
456,237
Depreciation charged in the year
-
0
5,010
12,238
1,394
2,039
14,927
35,608
Eliminated in respect of disposals
-
0
-
0
-
0
-
0
-
0
(3,386)
(3,386)
At 31 December 2024
-
0
243,282
88,736
58,812
48,062
49,567
488,459
Carrying amount
At 31 December 2024
161,240
24,581
106,467
8,319
2,345
83,580
386,532
At 31 December 2023
161,240
29,591
73,685
9,217
3,094
99,511
376,338
R R STONE CO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 7 -
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
96,888
55,360
Other debtors
285,000
325,351
Prepayments and accrued income
6,326
7,091
388,214
387,802
6
Creditors: amounts falling due within one year
2024
2023
Notes
£
£
Bank loans and overdrafts
-
0
865
Obligations under finance leases
6,665
6,665
Trade creditors
156,341
269,524
Other taxation and social security
59,732
28,209
Other creditors
42,814
65,430
Accruals and deferred income
12,505
12,236
278,057
382,929
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
6,115
12,780
8
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
'A' Ordinary shares of £1 each
760
760
760
760
'B' Ordinary shares of £1 each
200
200
200
200
'C' Ordinary shares of £1 each
20
20
20
20
'D' Ordinary shares of £1 each
20
20
20
20
1,000
1,000
1,000
1,000
R R STONE CO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 8 -
9
Related party transactions

The following amounts were outstanding at the reporting end date:

2024
2023
Amounts due to related parties
£
£
Entities over which the director has control, joint control or significant influence over the company
33,220
43,656
Key management personnel
6,655
16,382

The following amounts were outstanding at the reporting end date:

2024
2023
Amounts due from related parties
£
£
Entities over which the director has control, joint control or significant influence over the company
285,000
324,951

 

2024-12-312024-01-01falsefalsefalse12 April 2025CCH SoftwareCCH Accounts Production 2024.301No description of principal activityMr R H RogersMrs D L RogersMrs D L Rogers2025-04-11046112412024-01-012024-12-31046112412024-12-31046112412023-12-3104611241core:LandBuildingscore:OwnedOrFreeholdAssets2024-12-3104611241core:LandBuildingscore:LeasedAssetsHeldAsLessee2024-12-3104611241core:PlantMachinery2024-12-3104611241core:FurnitureFittings2024-12-3104611241core:ComputerEquipment2024-12-3104611241core:MotorVehicles2024-12-3104611241core:LandBuildingscore:OwnedOrFreeholdAssets2023-12-3104611241core:LandBuildingscore:LeasedAssetsHeldAsLessee2023-12-3104611241core:PlantMachinery2023-12-3104611241core:FurnitureFittings2023-12-3104611241core:ComputerEquipment2023-12-3104611241core:MotorVehicles2023-12-3104611241core:CurrentFinancialInstrumentscore:WithinOneYear2024-12-3104611241core:CurrentFinancialInstrumentscore:WithinOneYear2023-12-3104611241core:Non-currentFinancialInstrumentscore:AfterOneYear2024-12-3104611241core:Non-currentFinancialInstrumentscore:AfterOneYear2023-12-3104611241core:CurrentFinancialInstruments2024-12-3104611241core:CurrentFinancialInstruments2023-12-3104611241core:ShareCapital2024-12-3104611241core:ShareCapital2023-12-3104611241core:RetainedEarningsAccumulatedLosses2024-12-3104611241core:RetainedEarningsAccumulatedLosses2023-12-3104611241core:ShareCapitalOrdinaryShares2024-12-3104611241core:ShareCapitalOrdinaryShares2023-12-3104611241bus:Director12024-01-012024-12-3104611241bus:Director22024-01-012024-12-3104611241core:LandBuildingscore:OwnedOrFreeholdAssets2024-01-012024-12-3104611241core:LandBuildingscore:LeasedAssetsHeldAsLessee2024-01-012024-12-3104611241core:PlantMachinery2024-01-012024-12-3104611241core:FurnitureFittings2024-01-012024-12-3104611241core:ComputerEquipment2024-01-012024-12-3104611241core:MotorVehicles2024-01-012024-12-31046112412023-01-012023-12-3104611241core:Goodwill2023-12-3104611241core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill2023-12-31046112412023-12-3104611241core:Goodwill2024-12-3104611241core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill2024-12-3104611241core:Goodwill2023-12-3104611241core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill2023-12-3104611241core:LandBuildingscore:OwnedOrFreeholdAssets2023-12-3104611241core:LandBuildingscore:LeasedAssetsHeldAsLessee2023-12-3104611241core:PlantMachinery2023-12-3104611241core:FurnitureFittings2023-12-3104611241core:ComputerEquipment2023-12-3104611241core:MotorVehicles2023-12-3104611241core:Non-currentFinancialInstruments2024-12-3104611241core:Non-currentFinancialInstruments2023-12-3104611241bus:PrivateLimitedCompanyLtd2024-01-012024-12-3104611241bus:FRS1022024-01-012024-12-3104611241bus:AuditExemptWithAccountantsReport2024-01-012024-12-3104611241bus:CompanySecretary12024-01-012024-12-3104611241bus:SmallCompaniesRegimeForAccounts2024-01-012024-12-3104611241bus:FullAccounts2024-01-012024-12-31xbrli:purexbrli:sharesiso4217:GBP