STONEHOUSE GROUP HOLDINGS LIMITED

Company Registration Number:
12705540 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

STONEHOUSE GROUP HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

STONEHOUSE GROUP HOLDINGS LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Investments: 3 3,774,579 5,464,579
Total fixed assets: 3,774,579 5,464,579
Current assets
Debtors:   12,238,344 14,286,875
Cash at bank and in hand: 27,226 23,223
Total current assets: 12,265,570 14,310,098
Creditors: amounts falling due within one year:   (791,270) (607,315)
Net current assets (liabilities): 11,474,300 13,702,783
Total assets less current liabilities: 15,248,879 19,167,362
Creditors: amounts falling due after more than one year: 4 (7,662,373) (9,163,692)
Total net assets (liabilities): 7,586,506 10,003,670
Capital and reserves
Called up share capital: 8,805 8,746
Share premium account: 10,147,679 10,031,663
Profit and loss account: (2,569,978) (36,739)
Shareholders funds: 7,586,506 10,003,670

The notes form part of these financial statements

STONEHOUSE GROUP HOLDINGS LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 February 2025
and signed on behalf of the board by:

Name: Mr P W E Leoni Sceti
Status: Director

The notes form part of these financial statements

STONEHOUSE GROUP HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax.

STONEHOUSE GROUP HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 18 0

STONEHOUSE GROUP HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Fixed investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

STONEHOUSE GROUP HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due after more than one year note

Amount due to the parent company is unsecured and repayable by December 2026. Interest of 8.5% is payable on this loan. Other creditors were loans from the shareholders. The loans are unsecured and repayable by December 2026. Interest of 8.5% is payable annually on these loans.

STONEHOUSE GROUP HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Related party transactions

The Company has take advantage of exemptions available in FRS102 to not disclose transactions with the fellow group companies.