Lapstone Barn Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10685106

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		193,973		202,856

			193,973		202,856
CURRENT ASSETS
Debtors	5	471,218		162,051
Cash at bank and in hand		154,644		292,812

		625,862		454,863
Creditors: Amounts Falling Due Within One Year	6	(869,516 )		(765,491 )

NET CURRENT ASSETS (LIABILITIES)			(243,654 )		(310,628 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(49,681 )		(107,772 )

Creditors: Amounts Falling Due After More Than One Year	7		(5,166 )		(15,300 )

NET LIABILITIES			(54,847 )		(123,072 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(54,947 )		(123,172 )

SHAREHOLDERS' FUNDS			(54,847)		(123,072)

Page 1

Page 2

Lapstone Barn Ltd

Balance Sheet (continued)

As At 31 December 2024

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr H A Bonas

Director

18 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Lapstone Barn Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10685106 . The registered office is Lapstone Barn, Westington Hill, Chipping Campden, GL55 6UR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	10% on cost
Plant & Machinery	33% on cost
Motor Vehicles	33% on cost
Fixtures & Fittings	20% on cost
Computer Equipment	20% on cost

3. Average Number of Employees

Average number of employees, including directors, during the year was: 11 (2023: 10)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 January 2024	353,638	-	-	193,417
Additions	-	3,685	5,795	45,815

As at 31 December 2024	353,638	3,685	5,795	239,232

Depreciation
As at 1 January 2024	208,544	-	-	141,985
Provided during the period	35,364	102	1,127	24,105

As at 31 December 2024	243,908	102	1,127	166,090

...CONTINUED

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Lapstone Barn Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	109,730	3,583	4,668	73,142

As at 1 January 2024	145,094	-	-	51,432


	Computer Equipment	Total
	£	£
Cost
As at 1 January 2024	24,723	571,778
Additions	-	55,295

As at 31 December 2024	24,723	627,073

Depreciation
As at 1 January 2024	18,393	368,922
Provided during the period	3,480	64,178

As at 31 December 2024	21,873	433,100

Net Book Value
As at 31 December 2024	2,850	193,973

As at 1 January 2024	6,330	202,856

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	3,288	503
Prepayments and accrued income	10,590	9,698
Other debtors	11,100	2,278
Other loan debtors	446,240	149,034
VAT	-	538

	471,218	162,051

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	43,394	59,469
Bank loans and overdrafts	9,646	9,646
Other taxes and social security	11,144	9,680
VAT	11,316	-
Other creditors and accruals	10,067	11,324
Deferred income and deposits	783,949	675,372

	869,516	765,491

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Lapstone Barn Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	5,166	15,300

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100