IRIS Accounts Production v25.1.4.42 10034881 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh100348812023-12-31100348812024-12-31100348812024-01-012024-12-31100348812022-12-31100348812023-01-012023-12-31100348812023-12-3110034881ns15:EnglandWales2024-01-012024-12-3110034881ns14:PoundSterling2024-01-012024-12-3110034881ns10:Director12024-01-012024-12-3110034881ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3110034881ns10:SmallEntities2024-01-012024-12-3110034881ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3110034881ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3110034881ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3110034881ns10:FullAccounts2024-01-012024-12-311003488112024-01-012024-12-3110034881ns10:Director22024-01-012024-12-3110034881ns10:Director32024-01-012024-12-3110034881ns10:Director42024-01-012024-12-3110034881ns10:Director52024-01-012024-12-3110034881ns10:RegisteredOffice2024-01-012024-12-3110034881ns5:CurrentFinancialInstruments2024-12-3110034881ns5:CurrentFinancialInstruments2023-12-3110034881ns5:Non-currentFinancialInstruments2024-12-3110034881ns5:Non-currentFinancialInstruments2023-12-3110034881ns5:ShareCapital2024-12-3110034881ns5:ShareCapital2023-12-3110034881ns5:FurtherSpecificReserve3ComponentTotalEquity2024-12-3110034881ns5:FurtherSpecificReserve3ComponentTotalEquity2023-12-3110034881ns5:RetainedEarningsAccumulatedLosses2024-12-3110034881ns5:RetainedEarningsAccumulatedLosses2023-12-3110034881ns5:NetGoodwill2024-01-012024-12-3110034881ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3110034881ns5:PlantMachinery2024-01-012024-12-3110034881ns5:FurnitureFittings2024-01-012024-12-3110034881ns5:MotorVehicles2024-01-012024-12-3110034881ns5:ComputerEquipment2024-01-012024-12-3110034881ns5:NetGoodwill2023-12-3110034881ns5:NetGoodwill2024-12-3110034881ns5:NetGoodwill2023-12-3110034881ns5:PlantMachinery2023-12-3110034881ns5:FurnitureFittings2023-12-3110034881ns5:MotorVehicles2023-12-3110034881ns5:ComputerEquipment2023-12-3110034881ns5:PlantMachinery2024-12-3110034881ns5:FurnitureFittings2024-12-3110034881ns5:MotorVehicles2024-12-3110034881ns5:ComputerEquipment2024-12-3110034881ns5:PlantMachinery2023-12-3110034881ns5:FurnitureFittings2023-12-3110034881ns5:MotorVehicles2023-12-3110034881ns5:ComputerEquipment2023-12-3110034881ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-12-3110034881ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-01-012024-12-3110034881ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-12-3110034881ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-12-3110034881ns5:CostValuation2023-12-3110034881ns5:RevaluationsIncreaseDecreaseInInvestments2024-12-3110034881ns5:CostValuation2024-12-3110034881ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3110034881ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3110034881ns5:FurtherSpecificReserve3ComponentTotalEquity2023-12-31
REGISTERED NUMBER: 10034881 (England and Wales)














Financial Statements for the Year Ended 31 December 2024

for

Gary Green Monumental Mason Limited

Gary Green Monumental Mason Limited (Registered number: 10034881)






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


Gary Green Monumental Mason Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr G Green
Mrs S Green
Mrs C Hakimi
Mrs B Cohen
Miss C Green





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: 10034881 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Gary Green Monumental Mason Limited (Registered number: 10034881)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 102,555 143,949
Investments 6 232,173 147,533
334,728 291,482

CURRENT ASSETS
Stocks 124,962 129,726
Debtors 7 360,138 387,068
Cash at bank and in hand 99,799 138,896
584,899 655,690
CREDITORS
Amounts falling due within one year 8 (563,617 ) (790,373 )
NET CURRENT ASSETS/(LIABILITIES) 21,282 (134,683 )
TOTAL ASSETS LESS CURRENT LIABILITIES 356,010 156,799

CREDITORS
Amounts falling due after more than one
year

9

(16,052

)

(85,417

)

PROVISIONS FOR LIABILITIES (27,350 ) (27,350 )
NET ASSETS 312,608 44,032

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 10 81,174 (3,466 )
Retained earnings 231,334 47,398
SHAREHOLDERS' FUNDS 312,608 44,032

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 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.

Gary Green Monumental Mason Limited (Registered number: 10034881)

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 Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:





Mr G Green - Director


Gary Green Monumental Mason Limited (Registered number: 10034881)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Gary Green Monumental Mason 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.

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 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of four years.

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.

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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer 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.

Gary Green Monumental Mason Limited (Registered number: 10034881)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Other financial assets
Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Impairment of financial assets
Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of
impairment at each reporting date.
Financial assets are impaired where there is objective evidence that, as a result of one or more events that
occurred after the initial recognition of the financial asset, the estimated future cash flows have been
affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

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.


Gary Green Monumental Mason Limited (Registered number: 10034881)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
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.

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.

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 15 (2023 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 180,000
AMORTISATION
At 1 January 2024
and 31 December 2024 180,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

Gary Green Monumental Mason Limited (Registered number: 10034881)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 120,288 42,854 145,710 6,810 315,662
Additions 1,659 1,388 - - 3,047
Disposals - - (28,759 ) - (28,759 )
At 31 December 2024 121,947 44,242 116,951 6,810 289,950
DEPRECIATION
At 1 January 2024 40,750 26,433 100,282 4,248 171,713
Charge for year 12,179 2,671 7,382 640 22,872
Eliminated on disposal - - (7,190 ) - (7,190 )
At 31 December 2024 52,929 29,104 100,474 4,888 187,395
NET BOOK VALUE
At 31 December 2024 69,018 15,138 16,477 1,922 102,555
At 31 December 2023 79,538 16,421 45,428 2,562 143,949

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2024 28,759
Disposals (28,759 )
At 31 December 2024 -
DEPRECIATION
At 1 January 2024 7,190
Eliminated on disposal (7,190 )
At 31 December 2024 -
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 21,569

Gary Green Monumental Mason Limited (Registered number: 10034881)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2024 147,533
Revaluations 84,640
At 31 December 2024 232,173
NET BOOK VALUE
At 31 December 2024 232,173
At 31 December 2023 147,533

Cost or valuation at 31 December 2024 is represented by:

Other
investments
£   
Valuation in 2021 159,717
Valuation in 2022 (15,470 )
Valuation in 2023 3,286
Valuation in 2024 84,640
232,173

The valuation as of 22/01/2025 relates to the declaration provided by the fund management company on that particular date.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 120,860 158,408
Other debtors 239,278 228,660
360,138 387,068

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 65,359 83,530
Hire purchase contracts 9,561 16,332
Trade creditors 36,475 175,971
Taxation and social security 99,948 14,596
Other creditors 352,274 499,944
563,617 790,373

Gary Green Monumental Mason Limited (Registered number: 10034881)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans - 47,325
Hire purchase contracts 16,052 38,092
16,052 85,417

10. RESERVES
Fair
value
reserve
£   
At 1 January 2024 (3,466 )
Revaluation reserve 84,640

At 31 December 2024 81,174

11. RELATED PARTY DISCLOSURES

The Directors Mr G Green and Mrs S Green are considered to be the key management personnel.