ACCOUNTS - Final Accounts preparation

Company registration number: 09161800

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	YORKSTONE SUPPLIES LTD


YORKSTONE SUPPLIES LTD

COMPANY INFORMATION

Director	Mr F W Spencer


Registered number	09161800


Registered office	Unit 14 Phoenix House Little Mead
	Alfold Road
	Cranleigh
	Surrey
	GU6 8ND


Accountants	Menzies LLP
	Chartered Accountants
	Magna House
	18-32 London Road
	Staines-Upon-Thames
	TW18 4BP


YORKSTONE SUPPLIES LTD

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 8


YORKSTONE SUPPLIES LTD REGISTERED NUMBER:09161800

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Intangible Assets	4		239,595		468,917
Tangible assets	5		1,141		25,204
			240,736		494,121
Current assets
Stocks		29,990		7,590
Debtors: amounts falling due within one year	6	255,281		264,121
Cash at bank and in hand		32,309		25,282
		317,580		296,993
Creditors: amounts falling due within one year	7	(289,040)		(449,808)
Net current assets/(liabilities)			28,540		(152,815)
Total assets less current liabilities			269,276		341,306
Creditors: amounts falling due after more than one year	8		(4,545)		(22,738)

Net assets			264,731		318,568

Capital and reserves
Called up share capital	10	10
Profit and loss account	264,721	318,558
	264,731	318,568

Page 1


YORKSTONE SUPPLIES LTD REGISTERED NUMBER:09161800

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Mr F W Spencer

Director

Date: 11 November 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2


YORKSTONE SUPPLIES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Yorkstone Supplies 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.
The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is generated via the sale of premium stone and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.4

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the company in independently administered funds.

Page 3


YORKSTONE SUPPLIES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the revaluation model, intangible assets shall be carried at a revalued amount, being its fair value at the date of revaluation less any subsequent accumulated amortisation and subsequent impairment losses - provided that the fair value can be determined by reference to an active market.
Revaluations are made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting date.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes 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.

Page 4


YORKSTONE SUPPLIES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.7

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property	-	20%
Plant and machinery	-	25%
Motor vehicles	-	25%
Office equipment	-	10%
Computer equipment	-	33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.9

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 5 (2024 -4).

Page 5


YORKSTONE SUPPLIES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Intangible assets

	Crypto	Computer software	Total
	£	£	£
Cost
At 1 April 2024	148,028	746,868	894,896
Additions	147,053	9,177	156,230
Disposals	(238,152)	(20,073)	(258,225)
Revaluation surplus	5,683	-	5,683
At 31 March 2025	62,612	735,972	798,584
Amortisation
At 1 April 2024	-	425,979	425,979
Charge for the year on owned assets	-	153,083	153,083
On disposals	-	(20,073)	(20,073)
At 31 March 2025	-	558,989	558,989
Net book value
At 31 March 2025	62,612	176,983	239,595
At 31 March 2024	148,028	320,889	468,917

Page 6


YORKSTONE SUPPLIES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Tangible fixed assets

	Long-term leasehold property	Plant and machinery	Motor vehicles	Office equipment	Computer equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 1 April 2024	46,868	52,389	62,865	39,410	25,783	227,315
At 31 March 2025	46,868	52,389	62,865	39,410	25,783	227,315
Depreciation
At 1 April 2024	37,492	52,389	58,366	31,528	22,336	202,111
Charge for the year on owned assets	9,376	-	4,499	7,882	2,306	24,063
At 31 March 2025	46,868	52,389	62,865	39,410	24,642	226,174
Net book value
At 31 March 2025	-	-	-	-	1,141	1,141
At 31 March 2024	9,376	-	4,499	7,882	3,447	25,204

Debtors

					2025	2024
					£	£


Trade debtors	44,615	6,810
Amounts owed by group undertakings	201,786	248,463
Other debtors	3,500	3,500
Prepayments and accrued income	5,380	5,348
	255,281	264,121

Page 7


YORKSTONE SUPPLIES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank overdrafts	-	18,592
Bank loans	18,180	18,182
Trade creditors	62,492	88,910
Corporation tax	177,765	200,356
Other taxation and social security	13,397	105,297
Other creditors	10,856	13,371
Accruals and deferred income	6,350	5,100
	289,040	449,808

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	4,545	22,738
	4,545	22,738

Page 8