Sutton Stone & Ceramics Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09012129 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Sutton Stone & Ceramics Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Chartered Accountant's Report

9

DIRECTORS:

G Hughes

T E Willmore

REGISTERED OFFICE:

Lombard House

Cross Keys

Lichfield

Staffordshire

WS13 6DN

REGISTERED NUMBER:

09012129 (England and Wales)

ACCOUNTANT:

Groucott Moor Limited

Lombard House

Cross Keys

Lichfield

Staffordshire

WS13 6DN

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

53,023

31,666

53,023

31,666

CURRENT ASSETS

Stocks

6

7,500

Debtors

7

201,251

209,934

Cash at bank and in hand

23,245

6,718

231,996

224,152

CREDITORS

Amounts falling due within one year

8

185,228

190,438

NET CURRENT ASSETS

46,768

33,714

TOTAL ASSETS LESS CURRENT
LIABILITIES

99,791

65,380

CREDITORS

Amounts falling due after more than one
year

9

(23,691

)

(11,846

)

PROVISIONS FOR LIABILITIES

10

(11,058

)

(4,329

)

NET ASSETS

65,042

49,205

CAPITAL AND RESERVES

Called up share capital

11

4

Retained earnings

65,038

49,201

SHAREHOLDERS' FUNDS

65,042

49,205

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 4 September 2025 and were signed on its behalf by:

G Hughes - Director

1.	STATUTORY INFORMATION

Sutton Stone & Ceramics 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.

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 0, is being amortised evenly over its estimated useful life of nil 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

at variable rates on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

50,000

AMORTISATION

At 1 May 2024

and 30 April 2025

50,000

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 May 2024

28,229

4,065

35,824

68,118

Additions

26,190

13,347

-

39,537

Disposals

-

(17,281

)

(17,281

)

At 30 April 2025

54,419

17,412

18,543

90,374

DEPRECIATION

At 1 May 2024

8,853

3,658

23,941

36,452

Charge for year

5,838

407

3,193

9,438

Eliminated on disposal

-

(8,539

)

(8,539

)

At 30 April 2025

14,691

4,065

18,595

37,351

NET BOOK VALUE

At 30 April 2025

39,728

13,347

(52

)

53,023

At 30 April 2024

19,376

407

11,883

31,666

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

Motor

vehicles

£

COST

At 1 May 2024

and 30 April 2025

35,824

DEPRECIATION

At 1 May 2024

23,941

Charge for year

3,193

At 30 April 2025

27,134

NET BOOK VALUE

At 30 April 2025

8,690

At 30 April 2024

11,883

6.

STOCKS

30.4.25

30.4.24

£

Finished goods

7,500

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Trade debtors

153,553

171,748

Other debtors

16,103

10,949

VAT

31,595

27,237

201,251

209,934

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Bank loans and overdrafts

11,667

21,667

Hire purchase contracts

14,935

9,306

Trade creditors

75,119

90,434

Tax

46,642

62,371

Social security and other taxes

59

86

Other creditors

36,712

6,125

Directors' current accounts

94

449

185,228

190,438

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

30.4.25

30.4.24

£

Hire purchase contracts

23,691

11,846

10.	PROVISIONS FOR LIABILITIES

30.4.25

30.4.24

£

Deferred tax

11,058

4,329

Deferred

tax

£

Balance at 1 May 2024

4,329

Provided during year

6,729

Balance at 30 April 2025

11,058

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

2

Ordinary

2

1

Ordinary A

1

Ordinary B

1

4

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Sutton Stone & Ceramics Ltd for the year ended 30 April 2025 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Sutton Stone & Ceramics Ltd, as a body, in accordance with my terms of engagement. My work has been undertaken solely to prepare for your approval the financial statements of Sutton Stone & Ceramics Ltd and state those matters that I have agreed to state to the Board of Directors of Sutton Stone & Ceramics Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Sutton Stone & Ceramics Ltd and its Board of Directors, as a body, for my work or for this report.

It is your duty to ensure that Sutton Stone & Ceramics Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sutton Stone & Ceramics Ltd. You consider that Sutton Stone & Ceramics Ltd is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Sutton Stone & Ceramics Ltd. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

Groucott Moor Limited

Lombard House

Cross Keys

Lichfield

Staffordshire

WS13 6DN

4 September 2025