REGISTERED NUMBER: 13807441 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THE HUT STONE BAY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs EEJ Montila

D W Montila

SECRETARY:

REGISTERED OFFICE:

Springhaven

1a Barnfield Close

Hastings

East Sussex

TN34 1TS

REGISTERED NUMBER:

13807441 (England and Wales)

ACCOUNTANTS:

In The Cloud Accounting

Springhaven

1a Barnfield Close

Hastings

East Sussex

TN34 1TS

FIXED ASSETS

Intangible assets

4

71,208

81,381

Tangible assets

5

1,543

1,835

72,751

83,216

CURRENT ASSETS

Cash at bank and in hand

-

1,022

CREDITORS

Amounts falling due within one year

6

(104,836

)

(118,756

)

NET CURRENT LIABILITIES

(104,836

)

(117,734

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(32,085

)

(34,518

)

PROVISIONS FOR LIABILITIES

7

(281

)

(349

)

NET LIABILITIES

(32,366

)

(34,867

)

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

(32,368

)

(34,869

)

SHAREHOLDERS' FUNDS

(32,366

)

(34,867

)

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 23 September 2025 and were signed on its behalf by:

D W Montila - Director

Mrs EEJ Montila - Director

1.	STATUTORY INFORMATION

The Hut Stone Bay 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

101,726

AMORTISATION

At 1 January 2024

20,345

Charge for year

10,173

At 31 December 2024

30,518

NET BOOK VALUE

At 31 December 2024

71,208

At 31 December 2023

81,381

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

2,540

DEPRECIATION

At 1 January 2024

705

Charge for year

292

At 31 December 2024

997

NET BOOK VALUE

At 31 December 2024

1,543

At 31 December 2023

1,835

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

-

9,572

Directors' current accounts

104,836

109,184

104,836

118,756

7.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

281

349

Deferred

tax

£

Balance at 1 January 2024

349

Provided during year

(68

)

Balance at 31 December 2024

281

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

2

Ordinary

1

2

2

9.

RESERVES

Retained

earnings

£

At 1 January 2024

(34,869

)

Profit for the year

2,501

At 31 December 2024

(32,368

)

10.	RELATED PARTY DISCLOSURES

Included in the Other Creditors is an amount owed to the company director Mr D Montila totalling £104,836 (2023 - £109,184), no interest is to be charged.