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REGISTERED NUMBER: 14352689 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

STONE RESI LTD

STONE RESI LTD (REGISTERED NUMBER: 14352689)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STONE RESI LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: S Grosskopf
A Mozes





REGISTERED OFFICE: 2a Alexandra Grove
London
N12 8NU





REGISTERED NUMBER: 14352689 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

STONE RESI LTD (REGISTERED NUMBER: 14352689)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Investment property 5 1,700,000 1,700,000

CURRENT ASSETS
Debtors 6 300,056 272,282
Cash at bank 27,630 -
327,686 272,282
CREDITORS
Amounts falling due within one year 7 (6,327 ) (6,328 )
NET CURRENT ASSETS 321,359 265,954
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,021,359

1,965,954

CREDITORS
Amounts falling due after more than one
year

8

(1,294,734

)

(1,294,125

)

PROVISIONS FOR LIABILITIES (164,172 ) (164,172 )
NET ASSETS 562,453 507,657

CAPITAL AND RESERVES
Called up share capital 11 3 3
Fair value reserve 12 492,515 492,515
Retained earnings 12 69,935 15,139
SHAREHOLDERS' FUNDS 562,453 507,657

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.

STONE RESI LTD (REGISTERED NUMBER: 14352689)

BALANCE SHEET - continued
30 SEPTEMBER 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 and authorised for issue by the Board of Directors and authorised for issue on 16 June 2025 and were signed on its behalf by:





S Grosskopf - Director


STONE RESI LTD (REGISTERED NUMBER: 14352689)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Stone Resi 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. 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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

4. EMPLOYEES AND DIRECTORS

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

STONE RESI LTD (REGISTERED NUMBER: 14352689)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 1,700,000
NET BOOK VALUE
At 30 September 2024 1,700,000
At 30 September 2023 1,700,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2023 656,687
Cost 1,043,313
1,700,000

The fair value of investment properties were determined by an independent and qualified valuer.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 25,021 47,247
Other debtors 275,035 225,035
300,056 272,282

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Amounts owed to group undertakings 5,547 5,547
Other creditors 780 781
6,327 6,328

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans (see note 9) 1,294,734 1,294,125

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 1,294,734 1,294,125

STONE RESI LTD (REGISTERED NUMBER: 14352689)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9. LOANS

An analysis of the maturity of loans is given below:

30.9.24 30.9.23
£    £   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 1,294,734 1,294,125

10. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Bank loans 1,294,734 1,294,125

Bank loan is secured by the way of first charge over the company's investment properties.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
3 Ordinary £1 3 3

12. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 October 2023 15,139 492,515 507,654
Profit for the year 54,796 54,796
At 30 September 2024 69,935 492,515 562,450