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REGISTERED NUMBER: 02416647 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

STONEHEALTH LIMITED

STONEHEALTH LIMITED (REGISTERED NUMBER: 02416647)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STONEHEALTH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: Mr B J Crowe





SECRETARY: Southern Corporate Services Limited





REGISTERED OFFICE: Fleming Court
Leigh Road
Eastleigh
Southampton
Hampshire
SO50 9PD





BUSINESS ADDRESS: G4/5 Draycott Business Park
Cam
Dursley
Gloucestershire
GL11 5DQ





REGISTERED NUMBER: 02416647 (England and Wales)






STONEHEALTH LIMITED (REGISTERED NUMBER: 02416647)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 5 - 290
Tangible assets 6 454,679 441,961
454,679 442,251

CURRENT ASSETS
Stocks 318,790 207,923
Debtors 7 34,264 79,775
Cash at bank and in hand 85,229 4,446
438,283 292,144
CREDITORS
Amounts falling due within one year 8 281,719 228,886
NET CURRENT ASSETS 156,564 63,258
TOTAL ASSETS LESS CURRENT
LIABILITIES

611,243

505,509

CREDITORS
Amounts falling due after more than one year 9 (154,727 ) (156,319 )

PROVISIONS FOR LIABILITIES (32,588 ) (20,377 )
NET ASSETS 423,928 328,813

CAPITAL AND RESERVES
Called up share capital 11 100 100
Share premium 3,150 3,150
Retained earnings 420,678 325,563
SHAREHOLDERS' FUNDS 423,928 328,813

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

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

STONEHEALTH LIMITED (REGISTERED NUMBER: 02416647)

BALANCE SHEET - continued
31 DECEMBER 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 27 May 2025 and were signed by:





Mr B J Crowe - Director


STONEHEALTH LIMITED (REGISTERED NUMBER: 02416647)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Stonehealth 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% straight line
Improvements to property - 10% straight line
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Equipment - 25% on reducing balance and 15% on reducing balance

All fixed assets are initially recorded at 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.

STONEHEALTH LIMITED (REGISTERED NUMBER: 02416647)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


3. ACCOUNTING POLICIES - continued

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 the profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits 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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 13 ) .

5. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 January 2024
and 31 December 2024 15,766
AMORTISATION
At 1 January 2024 15,476
Amortisation for year 290
At 31 December 2024 15,766
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 290

STONEHEALTH LIMITED (REGISTERED NUMBER: 02416647)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


6. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 January 2024 385,379 81,122 157,147
Additions - - 8,111
Disposals - - (2,109 )
At 31 December 2024 385,379 81,122 163,149
DEPRECIATION
At 1 January 2024 68,122 52,252 132,449
Charge for year 7,708 8,112 7,438
Eliminated on disposal - - (2,094 )
At 31 December 2024 75,830 60,364 137,793
NET BOOK VALUE
At 31 December 2024 309,549 20,758 25,356
At 31 December 2023 317,257 28,870 24,698

Fixtures
and Motor
fittings vehicles Equipment Totals
£    £    £    £   
COST
At 1 January 2024 16,047 40,168 105,531 785,394
Additions - 27,247 20,005 55,363
Disposals (4,762 ) - (1,750 ) (8,621 )
At 31 December 2024 11,285 67,415 123,786 832,136
DEPRECIATION
At 1 January 2024 13,079 7,961 69,570 343,433
Charge for year 691 8,618 9,914 42,481
Eliminated on disposal (4,744 ) - (1,619 ) (8,457 )
At 31 December 2024 9,026 16,579 77,865 377,457
NET BOOK VALUE
At 31 December 2024 2,259 50,836 45,921 454,679
At 31 December 2023 2,968 32,207 35,961 441,961

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 15,590 31,732
Other debtors 18,674 48,043
34,264 79,775

STONEHEALTH LIMITED (REGISTERED NUMBER: 02416647)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 16,363 34,320
Hire purchase contracts 11,519 6,596
Trade creditors 199,713 149,985
Taxation and social security 9,055 12,242
Other creditors 45,069 25,743
281,719 228,886

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 112,115 129,776
Hire purchase contracts 42,612 26,543
154,727 156,319

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 38,434 51,019

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 128,478 146,139
Hire purchase contracts 54,131 33,139
182,609 179,278

Bank loans are secured on the assets of the business with a fixed and floating charge.

Hire purchase contracts are secured on the assets to which they relate.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
5,000 A Ordinary 1p 50 50
5,000 B Ordinary 1p 50 50
100 100

12. OTHER FINANCIAL COMMITMENTS

Total future financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £nil (2023 - £2,382).

The operating lease commitments were settled during the year (2023 - due within 1 year).