Registered number
09942745
The Stone Oven Limited
Unaudited Filleted Accounts
31 January 2025
The Stone Oven Limited
Registered number: 09942745
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 171,255 191,797
Current assets
Stocks 6,000 13,170
Debtors 4 1,042,548 56,562
Cash at bank and in hand 19,718 340,551
1,068,266 410,283
Creditors: amounts falling due within one year 5 (475,481) (398,602)
Net current assets 592,785 11,681
Total assets less current liabilities 764,040 203,478
Creditors: amounts falling due after more than one year 6 (512,776) -
Net assets 251,264 203,478
Capital and reserves
Called up share capital 100 100
Profit and loss account 251,164 203,378
Shareholder's funds 251,264 203,478
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Siho Dogrucam
Director
Approved by the board on 29 October 2025
The Stone Oven Limited
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 15% straigh line basis
Motor Vehicles 15% reducing balance basis
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 8 8
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 February 2024 60,562 218,254 22,849 301,665
Additions - 14,144 - 14,144
At 31 January 2025 60,562 232,398 22,849 315,809
Depreciation
At 1 February 2024 - 101,728 8,140 109,868
Charge for the year - 32,739 1,947 34,686
At 31 January 2025 - 134,467 10,087 144,554
Net book value
At 31 January 2025 60,562 97,931 12,762 171,255
At 31 January 2024 60,562 116,526 14,709 191,797
4 Debtors 2025 2024
£ £
Trade debtors 372 259
Amounts owed by group undertakings and undertakings in which the company has a participating interest 950,031 -
Other debtors 92,145 56,303
1,042,548 56,562
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 95,823 40,306
Taxation and social security costs 66,280 73,113
Other creditors 313,378 285,183
475,481 398,602
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 512,776 -
7 Other information
The Stone Oven Limited is a private company limited by shares and incorporated in England. Its registered office is:
Suite 57-58 Capital Business Centre
22 Carlton Road
South Croydon
CR2 0BS
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