REGISTERED NUMBER: 09272583 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THE STOVE & STONE COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

Mr M S Kellett

REGISTERED OFFICE:

7 Rydal Mount

Reddish

Stockport

Cheshire

SK5 6PZ

REGISTERED NUMBER:

09272583 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

FIXED ASSETS

Tangible assets

4

23,091

29,624

CURRENT ASSETS

Stocks

1,000

1,000

Debtors

5

1,280

711

Cash at bank

59,426

58,750

61,706

60,461

CREDITORS

Amounts falling due within one year

6

22,139

20,108

NET CURRENT ASSETS

39,567

40,353

TOTAL ASSETS LESS CURRENT LIABILITIES

62,658

69,977

CREDITORS

Amounts falling due after more than one year

7

(3,354

)

(5,995

)

PROVISIONS FOR LIABILITIES

8

(5,561

)

(7,148

)

NET ASSETS

53,743

56,834

CAPITAL AND RESERVES

Called up share capital

9

200

200

Retained earnings

53,543

56,634

SHAREHOLDERS' FUNDS

53,743

56,834

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2025 and were signed by:

Mr M S Kellett - Director

1.	STATUTORY INFORMATION

The Stove & Stone Company 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.

Turnover

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

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 etc

-

33% on cost, 25% on reducing balance and 15% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

59,139

Additions

978

At 31 December 2024

60,117

DEPRECIATION

At 1 January 2024

29,515

Charge for year

7,511

At 31 December 2024

37,026

NET BOOK VALUE

At 31 December 2024

23,091

At 31 December 2023

29,624

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Other debtors

1,280

711

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Hire purchase contracts

2,898

2,517

Taxation and social security

18,099

17,444

Other creditors

1,142

147

22,139

20,108

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/24

31/12/23

£

£

Hire purchase contracts

3,354

5,995

8.	PROVISIONS FOR LIABILITIES

31/12/24

31/12/23

£

£

Deferred tax

5,561

7,148

Deferred

tax

£

Balance at 1 January 2024

7,148

Credit to Statement of Income and Retained Earnings during year

(1,587

)

Balance at 31 December 2024

5,561

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/24

31/12/23

value:

£

£

100

Ordinary A

£1

100

100

100

Ordinary B

£1

100

100

200

200