Company Registration No. 11110346 (England and Wales)
Stonemasons of Rutland Ltd
Unaudited accounts
for the year ended 31 December 2024
Stonemasons of Rutland Ltd
Unaudited accounts
Contents
Stonemasons of Rutland Ltd
Company Information
for the year ended 31 December 2024
Company Number
11110346 (England and Wales)
Registered Office
7 Hare Pie View
Hallaton
Market Harborough
Leicestershire
LE16 8UL
England
Accountants
Brambillow Accounting Ltd
Brookhouse
Cranoe Road
Welham
Leicestershire
LE16 7UH
Stonemasons of Rutland Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
27,229
15,960
Cash at bank and in hand
149
1,232
Creditors: amounts falling due within one year
(18,775)
(4,969)
Net current liabilities
(18,626)
(2,211)
Total assets less current liabilities
8,603
13,749
Creditors: amounts falling due after more than one year
(4,400)
-
Provisions for liabilities
Deferred tax
(4,972)
(2,818)
Net (liabilities)/assets
(769)
10,931
Called up share capital
50
50
Profit and loss account
(819)
10,881
Shareholders' funds
(769)
10,931
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 September 2025 and were signed on its behalf by
Mr J D C Wright
Director
Company Registration No. 11110346
Stonemasons of Rutland Ltd
Notes to the Accounts
for the year ended 31 December 2024
Stonemasons of Rutland Ltd is a private company, limited by shares, registered in England and Wales, registration number 11110346. The registered office is 7 Hare Pie View, Hallaton, Market Harborough, Leicestershire, LE16 8UL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Stonemasons of Rutland Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2024
22,461
9,789
32,250
Additions
6,570
14,800
21,370
Disposals
(1,706)
-
(1,706)
At 31 December 2024
27,325
24,589
51,914
At 1 January 2024
10,474
5,816
16,290
Charge for the year
4,862
4,693
9,555
On disposals
(1,160)
-
(1,160)
At 31 December 2024
14,176
10,509
24,685
At 31 December 2024
13,149
14,080
27,229
At 31 December 2023
11,987
3,973
15,960
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,667
2,364
Taxes and social security
1,540
2,429
Loans from directors
14,815
10
7
Creditors: amounts falling due after more than one year
2024
2023
8
Transactions with related parties
At 31 December 2024, an amount of £14,815 was due from the Company to the Director (2023: £10). The following conditions are attached to all amounts owed: (1) interest is not charged on any amounts outstanding; (2) no fixed date has been set for the amount to be repaid to the Director.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).