| REGISTERED NUMBER: |
| Cotswold Stone Supplies Limited |
| Financial Statements |
| for the Year Ended 31st December 2024 |
| REGISTERED NUMBER: |
| Cotswold Stone Supplies Limited |
| Financial Statements |
| for the Year Ended 31st December 2024 |
| Cotswold Stone Supplies Limited (Registered number: 03161793) |
| Contents of the Financial Statements |
| for the Year Ended 31st December 2024 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 3 |
| Cotswold Stone Supplies Limited (Registered number: 03161793) |
| Balance Sheet |
| 31st December 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| Cotswold Stone Supplies Limited (Registered number: 03161793) |
| Balance Sheet - continued |
| 31st December 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Cotswold Stone Supplies Limited (Registered number: 03161793) |
| Notes to the Financial Statements |
| for the Year Ended 31st December 2024 |
| 1. | STATUTORY INFORMATION |
| Cotswold Stone Supplies Limited is a |
| Registered number: |
| Registered office: |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents the total invoice value, excluding value added tax, of sales made during the year. |
| Tangible fixed assets |
| Freehold land and buildings | - |
| Quarry planning costs | - |
| Short leasehold property | - |
| Plant and machinery | - |
| Motor vehicles | - |
| Fixtures, fittings and equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| 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 |
| Cotswold Stone Supplies Limited (Registered number: 03161793) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st December 2024 |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Quarry | Short |
| land and | planning | leasehold |
| buildings | costs | property |
| £ | £ | £ |
| COST |
| At 1st January 2024 |
| Additions |
| At 31st December 2024 |
| DEPRECIATION |
| At 1st January 2024 |
| Charge for year |
| At 31st December 2024 |
| NET BOOK VALUE |
| At 31st December 2024 |
| At 31st December 2023 |
| Fixtures, |
| fittings |
| Plant and | Motor | and |
| machinery | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st January 2024 |
| Additions |
| At 31st December 2024 |
| DEPRECIATION |
| At 1st January 2024 |
| Charge for year |
| At 31st December 2024 |
| NET BOOK VALUE |
| At 31st December 2024 |
| At 31st December 2023 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Cotswold Stone Supplies Limited (Registered number: 03161793) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st December 2024 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Bank loans |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2024 | 2023 |
| £ | £ |
| Bank loans |
| The bank is secured by a fixed and floating charge over the company's assets. The finance leases are secured on the assets concerned. |
| 9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 31st December 2024 and 31st December 2023: |
| 2024 | 2023 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| Loan interest of £974.61 is included within the figure for amounts advanced and was calculated using HM Revenue & Customs official rates. The maximum amount overdrawn during the year was £108,679. |