REGISTERED NUMBER: 00635602 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st August 2025

for

POWELL JONES (STONE DISTRIBUTORS) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G A G Smith

J A Ferrigno

SECRETARY:

Mrs C A Smith

REGISTERED OFFICE:

53 Ferringham Lane

Ferring

Worthing

West Sussex

BN12 5NU

REGISTERED NUMBER:

00635602 (England and Wales)

ACCOUNTANTS:

MastersFuller

Chartered Certified Accountants

38 Salisbury Road

Worthing

West Sussex

BN11 1RD

FIXED ASSETS

Tangible assets

4

39,517

3,744

CURRENT ASSETS

Debtors

5

79,796

97,665

Cash at bank and in hand

376,298

388,816

456,094

486,481

CREDITORS

Amounts falling due within one year

6

133,915

101,228

NET CURRENT ASSETS

322,179

385,253

TOTAL ASSETS LESS CURRENT LIABILITIES

361,696

388,997

CAPITAL AND RESERVES

Called up share capital

2

2

Capital redemption reserve

3,998

3,998

Other reserves

579

579

Retained earnings

357,117

384,418

SHAREHOLDERS' FUNDS

361,696

388,997

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 14th November 2025 and were signed on its behalf by:

G A G Smith - Director

1.	STATUTORY INFORMATION

Powell Jones (Stone Distributors) 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.

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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Office equipment & fittings

-

15% on reducing balance or 33% on cost

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred 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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Office

equipment

Motor

& fittings

vehicles

Totals

£

£

£

COST

At 1st September 2024

11,181

23,400

34,581

Additions

-

40,120

40,120

Disposals

-

(23,400

)

(23,400

)

At 31st August 2025

11,181

40,120

51,301

DEPRECIATION

At 1st September 2024

10,907

19,930

30,837

Charge for year

41

836

877

Eliminated on disposal

-

(19,930

)

(19,930

)

At 31st August 2025

10,948

836

11,784

NET BOOK VALUE

At 31st August 2025

233

39,284

39,517

At 31st August 2024

274

3,470

3,744

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

78,868

96,446

Prepayments

928

1,219

79,796

97,665

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

62,718

31,751

Corporation tax reserve

672

-

VAT

7,805

13,057

Accrued expenses

62,720

56,420

133,915

101,228