1 01/12/2023 30/11/2024 2024-11-30 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-12-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 08788847 2023-12-01 2024-11-30 08788847 2024-11-30 08788847 2023-11-30 08788847 2022-12-01 2023-11-30 08788847 2023-11-30 08788847 2022-11-30 08788847 core:MotorVehicles 2023-12-01 2024-11-30 08788847 bus:RegisteredOffice 2023-12-01 2024-11-30 08788847 bus:LeadAgentIfApplicable 2023-12-01 2024-11-30 08788847 bus:Director1 2023-12-01 2024-11-30 08788847 core:MotorVehicles 2023-11-30 08788847 core:MotorVehicles 2024-11-30 08788847 core:WithinOneYear 2024-11-30 08788847 core:WithinOneYear 2023-11-30 08788847 core:AfterOneYear 2024-11-30 08788847 core:AfterOneYear 2023-11-30 08788847 core:ShareCapital 2024-11-30 08788847 core:ShareCapital 2023-11-30 08788847 core:RetainedEarningsAccumulatedLosses 2024-11-30 08788847 core:RetainedEarningsAccumulatedLosses 2023-11-30 08788847 core:MotorVehicles 2023-11-30 08788847 bus:SmallEntities 2023-12-01 2024-11-30 08788847 bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 08788847 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 08788847 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 08788847 bus:FullAccounts 2023-12-01 2024-11-30
Company registration number: 08788847
Stoneworks & Maintenance Limited
Unaudited filleted financial statements
30 November 2024
Stoneworks & Maintenance Limited
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Stoneworks & Maintenance Limited
Directors and other information
Director S Hersey
Company number 08788847
Registered office 8 Reed Pond Walk
Romford
Essex
RM2 5PD
Accountants Pollock Taylor Ltd
Chartered Certified Accountants
Units 6-7, Thurrock Commercial Park
Juliette Way
Purfleet
Essex
RM15 4YA
Stoneworks & Maintenance Limited
Statement of financial position
30 November 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 5 25,389 31,736
_________ _________
25,389 31,736
Current assets
Debtors 6 65,504 21,181
Cash at bank and in hand 483,746 236,608
_________ _________
549,250 257,789
Creditors: amounts falling due
within one year 7 ( 161,079) ( 70,024)
_________ _________
Net current assets 388,171 187,765
_________ _________
Total assets less current liabilities 413,560 219,501
Creditors: amounts falling due
after more than one year 8 ( 11,667) ( 21,667)
_________ _________
Net assets 401,893 197,834
_________ _________
Capital and reserves
Called up share capital 100 100
Profit and loss account 401,793 197,734
_________ _________
Shareholders funds 401,893 197,834
_________ _________
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 29 August 2025 , and are signed on behalf of the board by:
S Hersey
Director
Company registration number: 08788847
Stoneworks & Maintenance Limited
Notes to the financial statements
Year ended 30 November 2024
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 8 Reed Pond Walk, Romford, Essex, RM2 5PD.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Motor vehicles - 20 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. Tangible assets
Motor vehicles Total
£ £
Cost
At 1 December 2023 and 30 November 2024 72,728 72,728
_________ _________
Depreciation
At 1 December 2023 40,992 40,992
Charge for the year 6,347 6,347
_________ _________
At 30 November 2024 47,339 47,339
_________ _________
Carrying amount
At 30 November 2024 25,389 25,389
_________ _________
At 30 November 2023 31,736 31,736
_________ _________
6. Debtors
2024 2023
£ £
Other debtors 65,504 21,181
_________ _________
7. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 9,198 -
Corporation tax 136,088 51,967
Other creditors 5,793 8,057
_________ _________
161,079 70,024
_________ _________
8. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans and overdrafts 11,667 21,667
_________ _________