Company Registration No. 08799634 (England and Wales)
Will Stone Historic Cars Ltd
Unaudited accounts
for the year ended 31 December 2024
Will Stone Historic Cars Ltd
Unaudited accounts
Contents
Will Stone Historic Cars Ltd
Company Information
for the year ended 31 December 2024
Directors
William Stone
Helen Stone
Company Number
08799634 (England and Wales)
Registered Office
WINDSOR HOUSE THE SQUARE
RAMSBURY
MARLBOROUGH
WILTSHIRE
SN8 2PE
Will Stone Historic Cars Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
19,446
24,223
Cash at bank and in hand
6,452
23,017
Creditors: amounts falling due within one year
(44,112)
(8,269)
Net current assets
31,904
68,448
Total assets less current liabilities
51,350
92,671
Creditors: amounts falling due after more than one year
(47,611)
(74,037)
Called up share capital
20
20
Profit and loss account
3,719
18,614
Shareholders' funds
3,739
18,634
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 directors acknowledge their 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 of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by
Helen Stone
Director
Company Registration No. 08799634
Will Stone Historic Cars Ltd
Notes to the Accounts
for the year ended 31 December 2024
Will Stone Historic Cars Ltd is a private company, limited by shares, registered in England and Wales, registration number 08799634. The registered office is WINDSOR HOUSE THE SQUARE, RAMSBURY, MARLBOROUGH, WILTSHIRE, SN8 2PE.
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:
Land & buildings
10% straight line
Plant & machinery
25% straight line
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 January 2024
62,092
36,517
98,609
At 31 December 2024
62,092
38,717
100,809
At 1 January 2024
38,941
35,445
74,386
Charge for the year
6,210
767
6,977
At 31 December 2024
45,151
36,212
81,363
At 31 December 2024
16,941
2,505
19,446
At 31 December 2023
23,151
1,072
24,223
Will Stone Historic Cars Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Accrued income and prepayments
5,895
6,088
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
42,692
-
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
32,798
49,086
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).