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REGISTERED NUMBER: 10712901 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Pietra Wood and Stone Ltd

Pietra Wood and Stone Ltd (Registered number: 10712901)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Pietra Wood and Stone Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: S M Faint
P Wood





REGISTERED OFFICE: County Gate
County Way
Trowbridge
Wiltshire
BA14 7FJ





REGISTERED NUMBER: 10712901 (England and Wales)

Pietra Wood and Stone Ltd (Registered number: 10712901)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 31,977 42,635
Tangible assets 5 9,792 13,168
41,769 55,803

CURRENT ASSETS
Stocks 7,000 12,000
Debtors 6 259,503 423,729
Cash at bank and in hand 86,320 133,566
352,823 569,295
CREDITORS
Amounts falling due within one year 7 438,926 614,478
NET CURRENT LIABILITIES (86,103 ) (45,183 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(44,334

)

10,620

CREDITORS
Amounts falling due after more than one
year

8

10,508

20,753
NET LIABILITIES (54,842 ) (10,133 )

CAPITAL AND RESERVES
Called up share capital 10 7 7
Capital redemption reserve 11 3 3
Retained earnings 11 (54,852 ) (10,143 )
SHAREHOLDERS' FUNDS (54,842 ) (10,133 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

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 20 June 2025 and were signed on its behalf by:




S M Faint - Director


Pietra Wood and Stone Ltd (Registered number: 10712901)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Pietra Wood and Stone 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.

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
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 25% on straight line basis
Fixtures, fittings and 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
Financial instruments are classified and accounted for, according to the substance of the contractual
arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any
contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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.

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.

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 7 (2023 - 7 ) .

Pietra Wood and Stone Ltd (Registered number: 10712901)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 106,588
AMORTISATION
At 1 October 2023 63,953
Amortisation for year 10,658
At 30 September 2024 74,611
NET BOOK VALUE
At 30 September 2024 31,977
At 30 September 2023 42,635

5. TANGIBLE FIXED ASSETS
Fixtures,
Improvements fittings
to and
property equipment Totals
£    £    £   
COST
At 1 October 2023 8,859 39,673 48,532
Additions - 2,696 2,696
Disposals - (2,500 ) (2,500 )
At 30 September 2024 8,859 39,869 48,728
DEPRECIATION
At 1 October 2023 6,644 28,720 35,364
Charge for year 2,215 3,264 5,479
Eliminated on disposal - (1,907 ) (1,907 )
At 30 September 2024 8,859 30,077 38,936
NET BOOK VALUE
At 30 September 2024 - 9,792 9,792
At 30 September 2023 2,215 10,953 13,168

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,806 4,007
Other debtors 25,951 23,192
Tax 2,136 -
Prepayments and accrued income 227,610 396,530
259,503 423,729

Pietra Wood and Stone Ltd (Registered number: 10712901)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,246 9,994
Trade creditors 36,848 54,478
Tax - 2,136
Social security and other taxes 7,302 3,700
VAT 40,756 31,669
Other creditors 18,218 12,569
Customer deposits 322,556 496,332
Accruals and deferred income 3,000 3,600
438,926 614,478

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 10,508 10,247
Bank loans - 2-5 years - 10,506
10,508 20,753

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 50,980 32,620
Between one and five years 31,398 82,378
82,378 114,998

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
32 Ordinary B 3.2 3 3
32 Ordinary C 3.2 3 3
4 Ordinary D 0.4 1 1
7 7

11. RESERVES

Capital redemption reserve includes amounts transferred following the redemption or purchase of a company's own shares.