REGISTERED NUMBER: 07980148 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

NEW FOREST STONE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTORS:

Mr D J Gates

Mr C J Marriott

Mr R J Young

REGISTERED OFFICE:

Unit J1

Hunts Farm Rudd Lane

Upper Timsbury

Romsey

Hampshire

SO51 0NU

REGISTERED NUMBER:

07980148 (England and Wales)

ACCOUNTANTS:

Rothmans LLP

Chartered Accountants

Chilworth Point

1 Chilworth Road

Southampton

Hampshire

SO16 7JQ

FIXED ASSETS

Tangible assets

4

108,787

38,876

CURRENT ASSETS

Stocks

31,521

28,112

Debtors

5

167,666

181,498

Cash at bank

423,261

412,076

622,448

621,686

CREDITORS

Amounts falling due within one year

6

233,487

232,963

NET CURRENT ASSETS

388,961

388,723

TOTAL ASSETS LESS CURRENT LIABILITIES

497,748

427,599

PROVISIONS FOR LIABILITIES

24,719

8,959

NET ASSETS

473,029

418,640

CAPITAL AND RESERVES

Called up share capital

650

650

Capital redemption reserve

35

35

Retained earnings

472,344

417,955

473,029

418,640

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 November 2025 and were signed on its behalf by:

Mr C J Marriott - Director

Mr R J Young - Director

Mr D J Gates - Director

1.	STATUTORY INFORMATION

New Forest 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 the amount derived from the provision and fitting of Kitchen Worktops stated after trade discounts and net of VAT.

Revenue is recognised when the amount of revenue can be measured reliably and it is probable that the

economic benefits associated with the transaction will flow to the entity.

TANGIBLE FIXED ASSETS

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

Short leasehold

-

33% on cost

Improvements to property

-

33% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated

impairment losses. Historical cost included expenditure that is directly attributable to bringing the asset to the

location and condition necessary for it to be capable of operating in the manner intended by management.

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 Statement of Income and Retained Earnings, 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's makes contributions into a recognised UK defined contribution scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. Obligations for contributions to defined contribution pension schemes are recognised as an expense in the profit and loss account in the periods during which services are rendered by employees.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Short

to

Plant and

leasehold

property

machinery

£

£

£

COST

At 1 April 2024

-

8,287

274,361

Additions

10,223

-

91,362

At 31 March 2025

10,223

8,287

365,723

DEPRECIATION

At 1 April 2024

-

8,287

263,741

Charge for year

2,751

-

19,463

At 31 March 2025

2,751

8,287

283,204

NET BOOK VALUE

At 31 March 2025

7,472

-

82,519

At 31 March 2024

-

-

10,620

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

16,321

76,228

375,197

Additions

-

-

101,585

At 31 March 2025

16,321

76,228

476,782

DEPRECIATION

At 1 April 2024

15,539

48,754

336,321

Charge for year

228

9,232

31,674

At 31 March 2025

15,767

57,986

367,995

NET BOOK VALUE

At 31 March 2025

554

18,242

108,787

At 31 March 2024

782

27,474

38,876

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

149,448

132,153

Other debtors

7,223

7,153

Directors' current accounts

1,251

2,091

Prepayments

9,744

40,101

167,666

181,498

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

81,319

48,074

Tax

63,417

108,434

Social security and other taxes

8,059

8,030

VAT

30,481

29,828

Other creditors

2,037

1,777

Deferred income

23,988

14,018

Accrued expenses

24,186

22,802

233,487

232,963

7.	SECURED DEBTS

The bank hold a a fixed and floating charge over the assets of the company in respect of company borrowings.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the company is owed £1,251 by the directors. This loan was repaid in full within 9 months of the year end.

9.	OTHER PENSION COMMITMENTS

The company operates a defined contribution pension scheme, the assets of which are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £2,037 (2024: £1,777) were due to the pension fund. They are included in other creditors.

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 Balance Sheet. 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, we have prepared for your approval the financial statements of New Forest Stone Limited for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are 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 New Forest Stone Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of New Forest Stone Limited and state those matters that we have agreed to state to the Board of Directors of New Forest Stone Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than New Forest Stone Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that New Forest Stone Limited 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 New Forest Stone Limited. You consider that New Forest Stone Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of New Forest Stone Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rothmans LLP

Chartered Accountants

Chilworth Point

1 Chilworth Road

Southampton

Hampshire

SO16 7JQ

Date: .............................................