REGISTERED NUMBER: 09737957 (England and Wales)

STONE INDUSTRY GROUP LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Mr S M Bradbury

Mrs E L Bradbury

Mr T R Bradbury

REGISTERED OFFICE:

E3-E5 Sovereign Business Park

Hawkins Lane

BURTON ON TRENT

Staffordshire

DE14 1PD

REGISTERED NUMBER:

09737957 (England and Wales)

ACCOUNTANTS:

Johnson Tidsall Limited

Chartered Accountants

81 Burton Road

Derby

Derbyshire

DE1 1TJ

FIXED ASSETS

Tangible assets

4

239,024

221,164

Investments

5

50

50

239,074

221,214

CURRENT ASSETS

Stocks

425,192

468,717

Debtors

6

961,137

753,509

Cash at bank and in hand

135,532

241,412

1,521,861

1,463,638

CREDITORS

Amounts falling due within one year

7

880,143

1,293,960

NET CURRENT ASSETS

641,718

169,678

TOTAL ASSETS LESS CURRENT LIABILITIES

880,792

390,892

CREDITORS

Amounts falling due after more than one year

8

(199,146

)

(171,959

)

PROVISIONS FOR LIABILITIES

(4,918

)

(4,918

)

NET ASSETS

676,728

214,015

CAPITAL AND RESERVES

Called up share capital

9

110

110

Retained earnings

676,618

213,905

SHAREHOLDERS' FUNDS

676,728

214,015

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 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.

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 Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

Mr S M Bradbury - Director

1.	STATUTORY INFORMATION

Stone Industry Group Ltd 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.

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.

Preparation of consolidated financial statements

The financial statements contain information about Stone Industry Group Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets are stated at cost or deemed cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2024

32,610

66,446

26,158

Additions

3,938

4,050

931

Disposals

-

-

-

At 31 December 2024

36,548

70,496

27,089

DEPRECIATION

At 1 January 2024

745

12,771

5,252

Charge for year

731

8,657

3,274

Eliminated on disposal

-

-

-

At 31 December 2024

1,476

21,428

8,526

NET BOOK VALUE

At 31 December 2024

35,072

49,068

18,563

At 31 December 2023

31,865

53,675

20,906

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

160,631

23,068

308,913

Additions

105,559

7,905

122,383

Disposals

(127,753

)

-

(127,753

)

At 31 December 2024

138,437

30,973

303,543

DEPRECIATION

At 1 January 2024

61,296

7,685

87,749

Charge for year

30,028

5,826

48,516

Eliminated on disposal

(71,746

)

-

(71,746

)

At 31 December 2024

19,578

13,511

64,519

NET BOOK VALUE

At 31 December 2024

118,859

17,462

239,024

At 31 December 2023

99,335

15,383

221,164

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

50

NET BOOK VALUE

At 31 December 2024

50

At 31 December 2023

50

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

869,306

645,971

Amounts owed by associates

4,629

6,708

Other debtors

22,319

26,605

VAT

-

47,721

Prepayments and accrued income

64,883

26,504

961,137

753,509

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

54,239

72,539

Hire purchase contracts

19,562

22,108

Trade creditors

226,379

810,804

Amounts owed to group undertakings

1,204

9,107

Corporation tax

118,613

-

VAT

8,773

-

Other creditors

438,783

328,608

Directors' current accounts

6,590

47,379

Accruals and deferred income

6,000

3,415

880,143

1,293,960

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

54,239

32,040

Bank loans - 2-5 years

73,377

82,303

Bank loans >5 yr (instalments)

2,464

8,032

Hire purchase contracts

69,066

49,584

199,146

171,959

Amounts falling due in more than five years:

Repayable by instalments

Bank loans >5 yr (instalments)

2,464

8,032

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

110

110