REGISTERED NUMBER: 06512808 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

ELLIOT AND STONE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Campbell

SECRETARY:

J Campbell

REGISTERED OFFICE:

25 Grosvenor Road

Wrexham

LL11 1BT

REGISTERED NUMBER:

06512808 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

Chartered Accountants

25 Grosvenor Road

Wrexham

LL11 1BT

BANKERS:

HSBC Bank plc

17-19 Regent Street

Wrexham

LL11 1RN

FIXED ASSETS

Tangible assets

4

1,141

1,578

CURRENT ASSETS

Stocks

5

5,000

5,000

Debtors

6

30,929

28,236

Cash at bank

2

2

35,931

33,238

CREDITORS

Amounts falling due within one year

7

28,131

23,519

NET CURRENT ASSETS

7,800

9,719

TOTAL ASSETS LESS CURRENT LIABILITIES

8,941

11,297

CREDITORS

Amounts falling due after more than one year

8

(8,578

)

(10,655

)

PROVISIONS FOR LIABILITIES

10

(217

)

(300

)

NET ASSETS

146

342

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

46

242

SHAREHOLDERS' FUNDS

146

342

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 11th August 2025 and were signed by:

J Campbell - Director

1.	STATUTORY INFORMATION

Elliot and 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 represents gross invoiced sales of services, including VAT, except in respect of service contracts where turnover is recognised when the company obtains the rights to consideration.

Tangible fixed assets

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

Plant and machinery

-

25% straight line basis

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st April 2024

and 31st March 2025

1,679

440

13,500

2,584

18,203

DEPRECIATION

At 1st April 2024

1,679

440

13,499

1,007

16,625

Charge for year

-

-

1

436

437

At 31st March 2025

1,679

440

13,500

1,443

17,062

NET BOOK VALUE

At 31st March 2025

-

-

-

1,141

1,141

At 31st March 2024

-

-

1

1,577

1,578

5.

STOCKS

31.3.25

31.3.24

£

£

Stocks

5,000

5,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Social security and other tax

3,578

3,206

Directors' current accounts

26,988

24,971

Prepayments

363

59

30,929

28,236

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

6,326

2,296

Trade creditors

696

2,079

Tax

12,385

10,537

VAT

991

2,248

Other creditors

5,663

4,409

Accrued expenses

2,070

1,950

28,131

23,519

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

2,000

2,000

Bank loans - 2-5 years

6,000

6,000

Bank loans - more than 5 years

578

2,655

8,578

10,655

Amounts falling due in more than five years:

Repayable by instalments

Bank loans - more than 5 years

578

2,655

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank overdrafts

4,326

296

Bank loans

10,578

12,655

14,904

12,951

10.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

Accelerated capital allowances

217

300

Deferred

tax

£

Balance at 1st April 2024

300

Movement in the year due to:

changes in tax rates

changes in tax allowances

(83

)

Balance at 31st March 2025

217

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

12.	CAPITAL COMMITMENTS

31.3.25

31.3.24

£

£

Contracted but not provided for in the

financial statements

-

-