REGISTERED NUMBER: 07057002 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

U K Ceramics & Stone Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N E Formby

SECRETARY:

Mrs D N Formby

REGISTERED OFFICE:

8a Chester Street

Mold

FLINTSHIRE

CH7 1EG

REGISTERED NUMBER:

07057002 (England and Wales)

ACCOUNTANTS:

Cyfrifwyr Hill & Roberts

8a Chester Street

Mold

Flintshire

CH7 1EG

FIXED ASSETS

Tangible assets

4

57,157

198,809

CURRENT ASSETS

Stocks

2,500

9,000

Debtors

5

363,783

375,895

Cash at bank

136,611

142,218

502,894

527,113

CREDITORS

Amounts falling due within one year

6

219,127

266,442

NET CURRENT ASSETS

283,767

260,671

TOTAL ASSETS LESS CURRENT LIABILITIES

340,924

459,480

CREDITORS

Amounts falling due after more than one year

7

(66,703

)

(167,040

)

PROVISIONS FOR LIABILITIES

(10,860

)

(37,774

)

NET ASSETS

263,361

254,666

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

262,361

253,666

263,361

254,666

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

N E Formby - Director

1.	STATUTORY INFORMATION

U K Ceramics & Stone Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost and 20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 6 (2023 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

290,231

8,991

158,177

457,399

Disposals

(249,355

)

-

(2,370

)

(251,725

)

At 31 December 2024

40,876

8,991

155,807

205,674

DEPRECIATION

At 1 January 2024

155,787

8,986

93,817

258,590

Charge for year

1,305

-

22,973

24,278

Eliminated on disposal

(132,218

)

-

(2,133

)

(134,351

)

At 31 December 2024

24,874

8,986

114,657

148,517

NET BOOK VALUE

At 31 December 2024

16,002

5

41,150

57,157

At 31 December 2023

134,444

5

64,360

198,809

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2024

103,000

114,865

217,865

Disposals

(103,000

)

-

(103,000

)

At 31 December 2024

-

114,865

114,865

DEPRECIATION

At 1 January 2024

10,300

50,744

61,044

Charge for year

-

22,973

22,973

Eliminated on disposal

(10,300

)

-

(10,300

)

At 31 December 2024

-

73,717

73,717

NET BOOK VALUE

At 31 December 2024

-

41,148

41,148

At 31 December 2023

92,700

64,121

156,821

5.

DEBTORS

31.12.24

31.12.23

£

£

Amounts falling due within one year:

Trade debtors

-

3,605

Amounts recoverable on contract

35,118

47,131

Other debtors

231,015

234,110

266,133

284,846

Amounts falling due after more than one year:

Other debtors

97,650

91,049

Aggregate amounts

363,783

375,895

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

9,662

10,955

Hire purchase contracts

13,774

32,720

Trade creditors

37,918

113,691

Taxation and social security

105,363

49,178

Other creditors

52,410

59,898

219,127

266,442

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

29,451

33,494

Hire purchase contracts

37,252

133,546

66,703

167,040

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

N E Formby

Balance outstanding at start of year

166,115

105,152

Amounts advanced

35,757

60,963

Amounts repaid

(17,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

184,872

166,115

9.	RELATED PARTY DISCLOSURES

During the year the company paid £19,800 to a company under common control in respect of rental of its manufacturing facility. At the year end the balance payable by UK Ceramics & Stone Ltd was £17,741.

.