REGISTERED NUMBER: 04357466 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Traditional Stone & Slate Supplies

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J N S Hunter

REGISTERED OFFICE:

Abacus House

Pennine Business Park

Longbow Close

Huddersfield

West Yorkshire

HD2 1GQ

REGISTERED NUMBER:

04357466 (England and Wales)

ACCOUNTANTS:

Crowther Chartered Accountants

Abacus House

Pennine Business Park

Longbow Close

Huddersfield

West Yorkshire

HD2 1GQ

FIXED ASSETS

Intangible assets

4

10,669

12,016

Tangible assets

5

412,030

484,577

422,699

496,593

CURRENT ASSETS

Stocks

6

590,293

654,052

Debtors

7

254,566

169,118

Cash at bank

602,000

337,926

1,446,859

1,161,096

CREDITORS

Amounts falling due within one year

8

568,399

503,127

NET CURRENT ASSETS

878,460

657,969

TOTAL ASSETS LESS CURRENT LIABILITIES

1,301,159

1,154,562

CREDITORS

Amounts falling due after more than one year

9

(5,661

)

(15,779

)

PROVISIONS FOR LIABILITIES

(84,737

)

(82,668

)

NET ASSETS

1,210,761

1,056,115

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

13

19,200

19,200

Retained earnings

1,191,461

1,036,815

SHAREHOLDERS' FUNDS

1,210,761

1,056,115

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 September 2025 and were signed by:

Mr J N S Hunter - Director

1.	STATUTORY INFORMATION

Traditional Stone & Slate Supplies 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.

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.

Computer software is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

At each reporting date the company assess whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Property improvements

- 10% on cost

Plant and machinery

- 20% reducing balance

Fixtures and fittings

- 25% reducing balance

Motor vehicles

- 25% 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 34 (2024 - 32 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 June 2024

and 31 May 2025

13,476

AMORTISATION

At 1 June 2024

1,460

Amortisation for year

1,347

At 31 May 2025

2,807

NET BOOK VALUE

At 31 May 2025

10,669

At 31 May 2024

12,016

5.	TANGIBLE FIXED ASSETS

Fixtures

Property

Plant and

and

Motor

improvements

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 June 2024

317,065

777,581

18,425

386,618

1,499,689

Additions

9,115

37,695

-

17,950

64,760

Disposals

(2,330

)

(28,880

)

(381

)

(43,975

)

(75,566

)

At 31 May 2025

323,850

786,396

18,044

360,593

1,488,883

DEPRECIATION

At 1 June 2024

228,094

472,382

10,883

303,753

1,015,112

Charge for year

28,981

63,666

1,836

19,609

114,092

Eliminated on disposal

(2,330

)

(26,017

)

(121

)

(23,883

)

(52,351

)

At 31 May 2025

254,745

510,031

12,598

299,479

1,076,853

NET BOOK VALUE

At 31 May 2025

69,105

276,365

5,446

61,114

412,030

At 31 May 2024

88,971

305,199

7,542

82,865

484,577

At the balance sheet date, included within the fixed assets above were assets held on hire purchase with NBV of £NIL (2024 - £9,503). The depreciation charge on these assets were £NIL (2024 - £2,376).

6.

STOCKS

31.5.25

31.5.24

£

£

Stocks

590,293

654,052

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

201,645

109,633

Amounts owed by associates

2,551

-

Other debtors

50,370

59,485

254,566

169,118

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts (see note 10)

10,000

10,000

Hire purchase contracts (see note 11)

-

2,502

Trade creditors

330,002

234,546

Taxation and social security

153,456

101,814

Other creditors

74,941

154,265

568,399

503,127

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans (see note 10)

5,661

15,779

10.

LOANS

An analysis of the maturity of loans is given below:

31.5.25

31.5.24

£

£

Amounts falling due within one year or on demand:

Bank loans

10,000

10,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

5,661

10,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

5,779

11.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.5.25

31.5.24

£

£

Net obligations repayable:

Within one year

-

2,502

Non-cancellable

operating leases

31.5.25

31.5.24

£

£

Within one year

55,000

3,418

Between one and five years

60,000

-

115,000

3,418

12.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.25

31.5.24

£

£

Bank loans

15,661

25,779

Hire purchase contracts

-

2,502

15,661

28,281

13.

RESERVES

Revaluation

reserve

£

At 1 June 2024

and 31 May 2025

19,200

14.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in creditors: amounts due within one year is a loan from the director of £500 (2024 - £NIL). The loan is interest free and repayable on demand.

15.	RELATED PARTY DISCLOSURES

At the balance sheet date Back-Up North Limited owed the company £2,551 (2024: £NIL). The directors of the company are the same in Back-Up North Limited.

16.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr J N S Hunter.