IRIS Accounts Production v25.2.0.378 09955819 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 09955819 2024-03-31 09955819 2025-03-31 09955819 2024-04-01 2025-03-31 09955819 2024-01-31 09955819 2024-02-01 2024-03-31 09955819 2024-03-31 09955819 ns15:EnglandWales 2024-04-01 2025-03-31 09955819 ns14:PoundSterling 2024-04-01 2025-03-31 09955819 ns10:Director1 2024-04-01 2025-03-31 09955819 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09955819 ns10:SmallEntities 2024-04-01 2025-03-31 09955819 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09955819 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 09955819 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09955819 ns10:FullAccounts 2024-04-01 2025-03-31 09955819 ns5:CurrentFinancialInstruments 2025-03-31 09955819 ns5:CurrentFinancialInstruments 2024-03-31 09955819 ns5:Non-currentFinancialInstruments 2025-03-31 09955819 ns5:Non-currentFinancialInstruments 2024-03-31 09955819 ns5:ShareCapital 2025-03-31 09955819 ns5:ShareCapital 2024-03-31 09955819 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 09955819 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 09955819 ns10:RegisteredOffice 2024-04-01 2025-03-31 09955819 ns5:PlantMachinery 2024-04-01 2025-03-31 09955819 ns5:FurnitureFittings 2024-04-01 2025-03-31 09955819 ns5:MotorVehicles 2024-04-01 2025-03-31 09955819 ns5:ComputerEquipment 2024-04-01 2025-03-31 09955819 ns5:PlantMachinery 2024-03-31 09955819 ns5:FurnitureFittings 2024-03-31 09955819 ns5:MotorVehicles 2024-03-31 09955819 ns5:ComputerEquipment 2024-03-31 09955819 ns5:PlantMachinery 2025-03-31 09955819 ns5:FurnitureFittings 2025-03-31 09955819 ns5:MotorVehicles 2025-03-31 09955819 ns5:ComputerEquipment 2025-03-31 09955819 ns5:PlantMachinery 2024-03-31 09955819 ns5:FurnitureFittings 2024-03-31 09955819 ns5:MotorVehicles 2024-03-31 09955819 ns5:ComputerEquipment 2024-03-31 09955819 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-03-31 09955819 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2024-03-31 09955819 ns5:LeasedAssetsHeldAsLessee 2024-03-31 09955819 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-04-01 2025-03-31 09955819 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2024-04-01 2025-03-31 09955819 ns5:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 09955819 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-03-31 09955819 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2025-03-31 09955819 ns5:LeasedAssetsHeldAsLessee 2025-03-31 09955819 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-03-31 09955819 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2024-03-31 09955819 ns5:LeasedAssetsHeldAsLessee 2024-03-31 09955819 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 09955819 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 09955819 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-03-31 09955819 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2024-03-31 09955819 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-03-31 09955819 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-03-31 09955819 ns5:Secured 2025-03-31 09955819 ns5:Secured 2024-03-31

REGISTERED NUMBER: 09955819 (England and Wales)

PLUMSTONE TRADING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

PLUMSTONE TRADING LIMITED (REGISTERED NUMBER: 09955819) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Balance Sheet | 1 |

| Notes to the Financial Statements | 3 |

PLUMSTONE TRADING LIMITED (REGISTERED NUMBER: 09955819) |

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 694,334 |  | 331,922 |  |

CURRENT ASSETS

Stocks | 5 | 311,472 |  | 288,593 |  |

Debtors | 6 | 422,975 |  | 755,800 |  |

Cash at bank and in hand | 226,500 |  | 493,728 |  |

960,947 |  | 1,538,121 |  |

CREDITORS

Amounts falling due within one year | 7 | 400,913 |  | 1,182,224 |  |

NET CURRENT ASSETS | 560,034 |  | 355,897 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,254,368 |  | 687,819 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 308,561 |  | 339,940 |  |

NET ASSETS | 945,807 |  | 347,879 |  |

CAPITAL AND RESERVES

Called up share capital | 20 |  | 20 |  |

Retained earnings | 945,787 |  | 347,859 |  |

SHAREHOLDERS' FUNDS | 945,807 |  | 347,879 |  |

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.

PLUMSTONE TRADING LIMITED (REGISTERED NUMBER: 09955819) |

BALANCE SHEET - continued

31 MARCH 2025

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 14 November 2025 and were signed on its behalf by:

T G Goddard - Director

PLUMSTONE TRADING LIMITED (REGISTERED NUMBER: 09955819) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Plumstone Trading Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 09955819

| Registered office: | The Causeway

| Camrose

| Haverfordwest

| Pembrokeshire

| SA62 6HG

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, 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.

| Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of the contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

| 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 | - | 20% on cost

| Fixtures and fittings | - | 20% on cost

| Motor vehicles | - | 20% on cost

| Office equipment | - | 20% on cost

| Stocks and work in progress

| Stocks and Work in Progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work in Progress is reflected in the accounts on a contract basis by recording turnover and related costs as contract activity progresses.

| Taxation

| Taxation for the period comprises current 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 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

PLUMSTONE TRADING LIMITED (REGISTERED NUMBER: 09955819) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing contracts

| Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets.

| Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. assets acquired under hire purchase contracts are depreciated over their useful lives.

| Finance leases are those where substantially all of the benefits and riske of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

| Rentals applicable to operating leases where substantially all of the benefits and risk of ownership remain with the lessor are charged to profit and loss account as incurred

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme via NEST. Contributions payable to the NESTpension 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 15 (2024 - 15 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |  | Office |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 April 2024 | 836,736 |  | 11,405 |  | 98,548 |  | 27,198 |  | 973,887 |  |

| Additions | 471,947 |  | - |  | 115,316 |  | 425 |  | 587,688 |  |

| Disposals | (13,000 | ) | - |  | - |  | (499 | ) | (13,499 | ) |

| At 31 March 2025 | 1,295,683 |  | 11,405 |  | 213,864 |  | 27,124 |  | 1,548,076 |  |

| DEPRECIATION

| At 1 April 2024 | 536,210 |  | 11,405 |  | 76,591 |  | 17,759 |  | 641,965 |  |

| Charge for year | 187,100 |  | - |  | 28,468 |  | 4,941 |  | 220,509 |  |

| Eliminated on disposal | (8,233 | ) | - |  | - |  | (499 | ) | (8,732 | ) |

| At 31 March 2025 | 715,077 |  | 11,405 |  | 105,059 |  | 22,201 |  | 853,742 |  |

| NET BOOK VALUE

| At 31 March 2025 | 580,606 |  | - |  | 108,805 |  | 4,923 |  | 694,334 |  |

| At 31 March 2024 | 300,526 |  | - |  | 21,957 |  | 9,439 |  | 331,922 |  |

PLUMSTONE TRADING LIMITED (REGISTERED NUMBER: 09955819) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

4. | TANGIBLE FIXED ASSETS - continued

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

| Plant and |  | Motor |

| machinery |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024 | 227,408 |  | 27,024 |  | 254,432 |  |

| Additions | 82,000 |  | 58,000 |  | 140,000 |  |

| Transfer to ownership | (79,450 | ) | - |  | (79,450 | ) |

| At 31 March 2025 | 229,958 |  | 85,024 |  | 314,982 |  |

| DEPRECIATION

| At 1 April 2024 | 164,103 |  | 6,306 |  | 170,409 |  |

| Charge for year | 45,992 |  | 17,005 |  | 62,997 |  |

| Transfer to ownership | (76,116 | ) | - |  | (76,116 | ) |

| At 31 March 2025 | 133,979 |  | 23,311 |  | 157,290 |  |

| NET BOOK VALUE

| At 31 March 2025 | 95,979 |  | 61,713 |  | 157,692 |  |

| At 31 March 2024 | 63,305 |  | 20,718 |  | 84,023 |  |

5. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 311,472 |  | 288,593 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 24,364 |  | 184,901 |  |

| Other debtors | 353,074 |  | 348,672 |  |

| Fire insurance monies due | 20,000 |  | 207,095 |  |

| Directors' current accounts | - |  | 8,974 |  |

| VAT | 16,824 |  | - |  |

| Prepayments | 8,713 |  | 6,158 |  |

422,975 |  | 755,800 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 126,806 |  | 114,145 |  |

| Deferred Income | - |  | 740,160 |  |

| Trade creditors | 70,794 |  | 162,753 |  |

| Tax | 2,179 |  | (27,656 | ) |

| Social security and other taxes | 9,043 |  | 9,771 |  |

| VAT | - |  | 46,337 |  |

| Directors' current accounts | 61,973 |  | - |  |

| Accrued expenses | 57,839 |  | 80,268 |  |

| Deferred government grants | 72,279 |  | 56,446 |  |

400,913 |  | 1,182,224 |  |

PLUMSTONE TRADING LIMITED (REGISTERED NUMBER: 09955819) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans (see note 9) | 138,042 |  | 260,549 |  |

| Hire purchase contracts | 170,519 |  | 79,391 |  |

308,561 |  | 339,940 |  |

9. | LOANS

| An analysis of the maturity of loans is given below:

2025 | 2024 |

£ | £ |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | 124,767 |  | 130,085 |  |

| Amounts falling due between two and five years:

| Bank loans - 2-5 years | 13,275 |  | 130,464 |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 138,042 |  | 260,549 |  |

| A loan was obtained from the Development Bank of Wales amounting to £250,000 in May 2020.

| A debenture was taken out as security for this loan by DBW investments (10) Limited and the charge registered with the Registrar of Companies.

11. | RELATED PARTY DISCLOSURES

| The company is under the control of the directors who hold 100% of the issued share capital.