2024-01-01 2024-12-31 false No description of principal activity Capium Accounts Production 1.1 15138601 2024-01-01 2024-12-31 15138601 bus:AbridgedAccounts 2024-01-01 2024-12-31 15138601 bus:Micro-entities 2024-01-01 2024-12-31 15138601 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 15138601 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 15138601 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 15138601 2024-01-01 2024-12-31 15138601 2024-12-31 15138601 bus:RegisteredOffice 2024-01-01 2024-12-31 15138601 core:WithinOneYear 2024-12-31 15138601 core:AfterOneYear 2024-12-31 15138601 1 2024-01-01 2024-12-31 15138601 bus:Director1 2024-01-01 2024-12-31 15138601 bus:Director1 2024-12-31 15138601 bus:Director1 2023-09-14 2023-12-31 15138601 bus:Director2 2024-01-01 2024-12-31 15138601 bus:Director2 2024-12-31 15138601 bus:Director2 2023-09-14 2023-12-31 15138601 2023-09-14 15138601 bus:LeadAgentIfApplicable 2024-01-01 2024-12-31 15138601 2023-09-14 2023-12-31 15138601 2023-12-31 15138601 core:WithinOneYear 2023-12-31 15138601 core:AfterOneYear 2023-12-31 15138601 bus:EntityAccountantsOrAuditors 2023-09-14 2023-12-31 15138601 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 15138601 bus:OrdinaryShareClass1 2024-12-31 15138601 bus:OrdinaryShareClass1 2023-09-14 2023-12-31 15138601 bus:OrdinaryShareClass1 2023-12-31 15138601 core:FurnitureFittings 2024-01-01 2024-12-31 15138601 core:FurnitureFittings 2024-12-31 15138601 core:FurnitureFittings 2023-12-31 15138601 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-12-31 15138601 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-12-31 15138601 core:CostValuation core:Non-currentFinancialInstruments 2024-12-31 15138601 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 15138601 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-12-31 15138601 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-12-31 15138601 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-12-31 15138601 core:Non-currentFinancialInstruments 2024-12-31 15138601 core:Non-currentFinancialInstruments 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 15138601
England and Wales

 

 

 

SUMMITSTONE ASSET MANAGEMENT LIMITED



Abridged Accounts
 


Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

Summitstone Asset Management Limited
Contents Page
For the year ended 31 December 2024
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 December 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
V-Tax Accountants and Business Consultants Limited
31 December 2024



....................................................

V-Tax Accountants and Business Consultants Limited
9 Brownlow Drive
Rise Park
Nottingham
NG5 5AA
15 September 2025
1
  2024   2023
    £ £   £ £
Fixed assets   3,170      3,165 
Current assets 1      45   
Creditors: amount falling due within one year (9,825)     (4,849)  
Net current assets   (9,824)     (4,804)
Total assets less current liabilities   (6,654)     (1,639)
Creditors: amount falling due after more than one year   (6,234)     (7,118)
Net assets   (12,888)     (8,757)
 

         
Capital and reserves   (12,888)     (8,757)
 
NOTES TO THE ACCOUNTS

General Information
Summitstone Asset Management Limited is a private company, limited by shares, registered in England and Wales, registration number 15138601, registration address 12 Mallory House, Hinckley, Leicestershire, LE10 1US.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 2 (2023 : 1).


For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 15 September 2025 and were signed on its behalf by:


--------------------------------
Hamna Zafar
Director
2