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REGISTERED NUMBER: 02431906 (England and Wales)













ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

DAYSTONE FIREPLACES (SURROUNDS) LIMITED

DAYSTONE FIREPLACES (SURROUNDS) LIMITED (REGISTERED NUMBER: 02431906)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


DAYSTONE FIREPLACES (SURROUNDS) LIMITED (REGISTERED NUMBER: 02431906)

ABRIDGED BALANCE SHEET
31ST MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,547 3,567

CURRENT ASSETS
Stocks 12,810 14,075
Debtors 4,793 14,105
Cash at bank 4,560 13,890
22,163 42,070
CREDITORS
Amounts falling due within one year 42,324 32,196
NET CURRENT (LIABILITIES)/ASSETS (20,161 ) 9,874
TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,614

)

13,441

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings (17,714 ) 13,341
SHAREHOLDERS' FUNDS (17,614 ) 13,441

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

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

DAYSTONE FIREPLACES (SURROUNDS) LIMITED (REGISTERED NUMBER: 02431906)

ABRIDGED BALANCE SHEET - continued
31ST MARCH 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 14th June 2025 and were signed on its behalf by:





D J Pegrum - Director


DAYSTONE FIREPLACES (SURROUNDS) LIMITED (REGISTERED NUMBER: 02431906)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025

1. STATUTORY INFORMATION

Daystone Fireplaces (Surrounds) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 02431906

Registered office: The Dairy Barn
Abbess Hall Farm
Abbess Roding
Ongar
Essex
CM5 0PA

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.

The going concern basis has been adopted in the preparation of these financial statements. The company's turnover for the period was £25,633 (2024 - £61,412) and the company recorded a loss before taxation of £31,055 (2024 - £13,764).
The director acknowledges that there is a level of uncertainty in the general economic environment that may impact on the demand for the services the company supplies however based on the assessment of the business believe he is well placed to manage these business risks.
The company is reliant on the continued support of its director.

Turnover
Turnover represents revenue recognised by the company in respect of goods and services supplied during the year, exclusive of value added tax and trade discounts.

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% on reducing balance
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

DAYSTONE FIREPLACES (SURROUNDS) LIMITED (REGISTERED NUMBER: 02431906)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

2. ACCOUNTING POLICIES - continued

Financial instruments
The company only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially as transaction value and subsequently measured at their settlement value. The company has no bank loans or other more complex financial instruments that require measurement at amortised cost using the effective interest method.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

DAYSTONE FIREPLACES (SURROUNDS) LIMITED (REGISTERED NUMBER: 02431906)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2024 18,959
Disposals (3,695 )
At 31st March 2025 15,264
DEPRECIATION
At 1st April 2024 15,392
Charge for year 1,016
Eliminated on disposal (3,691 )
At 31st March 2025 12,717
NET BOOK VALUE
At 31st March 2025 2,547
At 31st March 2024 3,567

5. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
100 Share capital 1 £1 100 100

6. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of Mr P D Pegrum.