2024-01-01 2024-12-31 false Capium Accounts Production 1.1 07386995 2024-01-01 2024-12-31 07386995 bus:FullAccounts 2024-01-01 2024-12-31 07386995 bus:FRS102 2024-01-01 2024-12-31 07386995 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07386995 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07386995 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07386995 2024-01-01 2024-12-31 07386995 2024-12-31 07386995 bus:RegisteredOffice 2024-01-01 2024-12-31 07386995 core:WithinOneYear 2024-12-31 07386995 core:AfterOneYear 2024-12-31 07386995 1 2024-01-01 2024-12-31 07386995 bus:Director1 2024-01-01 2024-12-31 07386995 bus:Director1 2024-12-31 07386995 bus:Director1 2023-01-01 2023-12-31 07386995 bus:Director2 2024-01-01 2024-12-31 07386995 bus:Director2 2024-12-31 07386995 bus:Director2 2023-01-01 2023-12-31 07386995 2023-01-01 07386995 bus:LeadAgentIfApplicable 2024-01-01 2024-12-31 07386995 2023-01-01 2023-12-31 07386995 2023-12-31 07386995 core:WithinOneYear 2023-12-31 07386995 core:AfterOneYear 2023-12-31 07386995 bus:EntityAccountantsOrAuditors 2023-01-01 2023-12-31 07386995 core:PlantMachinery 2024-01-01 2024-12-31 07386995 core:PlantMachinery 2024-12-31 07386995 core:PlantMachinery 2023-12-31 07386995 core:FurnitureFittings 2024-01-01 2024-12-31 07386995 core:FurnitureFittings 2024-12-31 07386995 core:FurnitureFittings 2023-12-31 07386995 core:ComputerEquipment 2024-01-01 2024-12-31 07386995 core:ComputerEquipment 2024-12-31 07386995 core:ComputerEquipment 2023-12-31 07386995 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-12-31 07386995 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-12-31 07386995 core:CostValuation core:Non-currentFinancialInstruments 2024-12-31 07386995 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 07386995 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-12-31 07386995 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-12-31 07386995 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-12-31 07386995 core:Non-currentFinancialInstruments 2024-12-31 07386995 core:Non-currentFinancialInstruments 2023-12-31 07386995 core:ShareCapital 2024-12-31 07386995 core:ShareCapital 2023-12-31 07386995 core:RetainedEarningsAccumulatedLosses 2024-12-31 07386995 core:RetainedEarningsAccumulatedLosses 2023-12-31 07386995 dpl:Item1 2024-01-01 07386995 dpl:Item1 2024-12-31 07386995 dpl:Item1 2023-01-01 07386995 dpl:Item1 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 07386995
England and Wales

 

 

 


Unaudited Financial Statements


for the year ended 31 December 2024

for

NATHAN AND STOCK LTD

Directors Mr G T Stock
Mrs C A Stock
Registered Number 07386995
Registered Office The Lavender House
52 Mitchell Close
Plymouth
Devon
PL9 9GF
Accountants H M Williams Chartered Certified Accountants
5 Sandy Court
Ashleigh Way
Plymouth
PL7 5JX
1
Director's report and financial statements
The directors present their annual report and the financial statements for the year ended 31 December 2024.
Principal activities
The principal activity of the company in the year under review was that of providing retail consultancy services and the wholesale of jewellery.
Directors
The directors who have held office during the whole of the year were as follows:
Mr G T Stock
Mrs C A Stock
Statement of directors' responsibilities
The directors are responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to
  • select suitable accounting policies and then apply them consistently
  • make judgments and accounting estimates that are reasonable and prudent
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business


The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:


----------------------------------
Mr G T Stock
Director

Date approved: 22 May 2025
2
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 1,039    1,716 
Investments 4 89,716    65,100 
90,755    66,816 
Current assets      
Stocks 5   12,050 
Debtors 6 3,276    10,774 
Cash at bank and in hand 35,286    65,507 
38,562    88,331 
Creditors: amount falling due within one year 7 (9,848)   (21,126)
Net current assets 28,714    67,205 
 
Total assets less current liabilities 119,469    134,021 
Creditors: amount falling due after more than one year 8 (2,584)   (8,784)
Provisions for liabilities 9 (197)   (326)
Net assets 116,688    124,911 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 116,588    124,811 
Shareholders' funds 116,688    124,911 
 


For the 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.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 22 May 2025 and were signed on its behalf by:


-------------------------------
Mr G T Stock
Director
3
General Information
Nathan and Stock Ltd is a private company, limited by shares, registered in England and Wales, registration number 07386995, registration address The Lavender House, 52 Mitchell Close, Plymouth, Devon, PL9 9GF.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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 taxation
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.
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 25% Reducing Balance
Fixtures and Fittings 25% Reducing Balance
Computer Equipment 3 Years Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.
2.

Average number of employees

Average number of employees during the year was 3 (2023 : 5).
3.

Tangible fixed assets

Cost or valuation Plant and machinery   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £
At 01 January 2024 2,571    4,166    8,952    15,689 
Additions   1,076      1,076 
Disposals (2,224)   (2,895)   (4,245)   (9,364)
At 31 December 2024 347    2,347    4,707    7,401 
Depreciation
At 01 January 2024 1,983    3,302    8,688    13,973 
Charge for year 21    325    264    610 
On disposals (1,719)   (2,257)   (4,245)   (8,221)
At 31 December 2024 285    1,370    4,707    6,362 
Net book values
Closing balance as at 31 December 2024 62    977      1,039 
Opening balance as at 01 January 2024 588    864    264    1,716 


4.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 January 2024 65,100    65,100 
Additions 20,000    20,000 
Transfer to/from tangible fixed assets  
Disposals  
Revaluations 4,616    4,616 
At 31 December 2024 89,716    89,716 



Cost or Valuation at 31 December 2024 is represented by:

 Other Investments
£
 Totals
£
Valuation in 2015689 689 
Valuation in 20161,590 1,590 
Valuation in 20171,729 1,729 
Valuation in 20181,379 1,379 
Valuation in 2019874 874 
Valuation in 2020792 792 
Valuation in 20214,479 4,479 
Valuation in 2022634 634 
Valuation in 2023(66)(66)
Valuation in 20244,616 4,616 
Cost73,000 73,000 
89,716 89,716 




If the other investment had not been revalued it would have been included at the historical cost of £73,000.

The fixed assets investments were valued on an open market basis on 31 December 2024 by Prudential Assurance Company.





5.

Stocks

2024
£
  2023
£
Stocks   12,050 
  12,050 

6.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors   1,788 
Other Debtors 3,276    8,986 
3,276    10,774 

7.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 516    2,023 
Bank Loans & Overdrafts 6,200    6,200 
Taxation and Social Security   10,011 
Other Creditors 3,132    2,892 
9,848    21,126 

8.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Bank Loans & Overdrafts 2,584    8,784 
2,584    8,784 

9.

Provisions for liabilities

2024
£
  2023
£
Deferred Tax 197    326 
197    326 

10.

Ultimate controlling party

The company was under control of the directors, Mr G T Stock and Mrs C A Stock, by virtue of their shareholdings
4