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REGISTERED NUMBER: 06286564 (England and Wales)















Design Stone Works Limited

Unaudited Financial Statements for the Year Ended 31 January 2025






Design Stone Works Limited (Registered number: 06286564)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Design Stone Works Limited

Company Information
for the Year Ended 31 January 2025







Directors: S A Chadwick
K M Frostick
P Woodcock





Secretary: S A Chadwick





Registered office: 7 Hurricane Way
Norwich
Norfolk
NR6 6EZ





Registered number: 06286564 (England and Wales)





Accountants: Fairhead Bradford
5 Queen Street
Great Yarmouth
Norfolk
NR30 2QP

Design Stone Works Limited (Registered number: 06286564)

Statement of Financial Position
31 January 2025

31/1/25 31/1/24
Notes £    £    £   
Fixed assets
Tangible assets 4 55,729 92,226

Current assets
Stocks 12,000 12,000
Debtors 5 88,134 103,156
Cash at bank and in hand 9,666 9,516
109,800 124,672
Creditors
Amounts falling due within one year 6 210,310 166,933
Net current liabilities (100,510 ) (42,261 )
Total assets less current liabilities (44,781 ) 49,965

Creditors
Amounts falling due after more than one
year

7

(26,666

)

(31,666

)

Provisions for liabilities (10,588 ) (13,600 )
Net (liabilities)/assets (82,035 ) 4,699

Capital and reserves
Called up share capital 3 3
Retained earnings (82,038 ) 4,696
Shareholders' funds (82,035 ) 4,699

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

Design Stone Works Limited (Registered number: 06286564)

Statement of Financial Position - continued
31 January 2025


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 Board of Directors and authorised for issue on 9 June 2025 and were signed on its behalf by:




P Woodcock - Director K M Frostick - Director




S A Chadwick - Director


Design Stone Works Limited (Registered number: 06286564)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. Statutory information

Design Stone Works 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.

Going concern
The directors have assessed the financial status of the company and consider it to be a going concern. The directors have considered the company's funding arrangements and believe that the company has sufficient access to working capital to enable it to continue to trade and meet its ongoing liabilities for the foreseeable future.

Turnover
Turnover represents sales at invoice value excluding value added tax.

Sales income represents revenue earned under a variety of contracts to provide services. Revenue is recognised as earned when, and to the extent that, the company earns the right to consideration in exchange for its performance under these contracts. It is measured at the fair value of the right to consideration, which represents amounts chargeable to customers, including expenses but excluding value added tax.

Revenue is recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts, the amount of revenue reflects the accrual for the right to consideration by reference to the value of work performed. Revenue not billed to customers in included in trade debtors.

Sales income that is contingent on events outside the control of the company are recognised when the contingent event occurs.

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.
Improvements to property - 25% on reducing balance
Tools & equipment - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Office equipment - 25% 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.

Financial instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.


Design Stone Works Limited (Registered number: 06286564)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

2. Accounting policies - continued
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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
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 13 (2024 - 13 ) .

Design Stone Works Limited (Registered number: 06286564)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. Tangible fixed assets
Improvements
to Tools & Motor Office
property equipment vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 February 2024 119,969 179,441 131,111 13,018 443,539
Disposals - - (74,182 ) - (74,182 )
At 31 January 2025 119,969 179,441 56,929 13,018 369,357
Depreciation
At 1 February 2024 100,792 147,383 92,619 10,519 351,313
Charge for year 3,835 7,863 9,215 499 21,412
Eliminated on disposal - - (59,097 ) - (59,097 )
At 31 January 2025 104,627 155,246 42,737 11,018 313,628
Net book value
At 31 January 2025 15,342 24,195 14,192 2,000 55,729
At 31 January 2024 19,177 32,058 38,492 2,499 92,226

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Tools & Motor
equipment vehicles Totals
£    £    £   
Cost
At 1 February 2024 124,280 107,610 231,890
Disposals - (74,182 ) (74,182 )
At 31 January 2025 124,280 33,428 157,708
Depreciation
At 1 February 2024 92,290 69,544 161,834
Charge for year 4,364 8,836 13,200
Eliminated on disposal - (59,097 ) (59,097 )
At 31 January 2025 96,654 19,283 115,937
Net book value
At 31 January 2025 27,626 14,145 41,771
At 31 January 2024 31,990 38,066 70,056

5. Debtors: amounts falling due within one year
31/1/25 31/1/24
£    £   
Trade debtors 81,450 65,604
Other debtors 6,684 37,552
88,134 103,156

Design Stone Works Limited (Registered number: 06286564)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

6. Creditors: amounts falling due within one year
31/1/25 31/1/24
£    £   
Bank loans and overdrafts 27,315 26,074
Hire purchase contracts - 10,750
Trade creditors 121,894 55,995
Amounts owed to associates 1,481 14,400
Taxation and social security 43,029 51,438
Other creditors 16,591 8,276
210,310 166,933

7. Creditors: amounts falling due after more than one year
31/1/25 31/1/24
£    £   
Bank loans 26,666 31,666