REGISTERED NUMBER: 04421930 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

STONE CENTRAL (N.W) LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S N Gerrard

I G Mercer

A Mercer

Mrs J Jones

REGISTERED OFFICE:

207 Knutsford Road

Grappenhall

Warrington

Cheshire

WA4 2QL

REGISTERED NUMBER:

04421930 (England and Wales)

ACCOUNTANTS:

Walker Begley Limited

Chartered Accountants

207 Knutsford Road

Grappenhall

Warrington

Cheshire

WA4 2QL

FIXED ASSETS

Tangible assets

4

340,732

589,722

CURRENT ASSETS

Stocks

17,356

20,560

Debtors

570,188

652,984

Cash at bank and in hand

153,872

436,970

741,416

1,110,514

CREDITORS

Amounts falling due within one year

798,729

366,429

NET CURRENT (LIABILITIES)/ASSETS

(57,313

)

744,085

TOTAL ASSETS LESS CURRENT LIABILITIES

283,419

1,333,807

CREDITORS

Amounts falling due after more than one year

-

(23,492

)

PROVISIONS FOR LIABILITIES

(41,739

)

(54,880

)

NET ASSETS

241,680

1,255,435

CAPITAL AND RESERVES

Called up share capital

315

315

Capital redemption reserve

280

280

Retained earnings

241,085

1,254,840

SHAREHOLDERS' FUNDS

241,680

1,255,435

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.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 15 August 2025 and were signed on its behalf by:

I G Mercer - Director

1.	STATUTORY INFORMATION

Stone Central (N.W) 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.

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 net invoiced sales of all services delivered during the year, excluding value added tax.

For long term contracts, turnover represents the value of work done in the year and is determined by reference to the stage of completion of each contract.

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 etc

-

33% on cost, 25% on reducing balance and 15% 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.

Hire purchase and leasing commitments

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Long term contracts

For long term contracts, profit is recognised by reference to the stage of completion of each contract where there is reasonable certainty that the contract will be profitable. Where the outcome of the contract cannot be established with reasonable certainty, no profit is recognised. Foreseeable losses are provided for in full at the point at which the loss is anticipated.

Where amounts invoiced exceed the value of work done, the excess is accounted for as payments received on account and is included within creditors. Where the value of work done exceeds the amounts invoiced, the excess is accounted for as amounts recoverable on contracts and is included within debtors.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

973,497

Additions

42,212

Disposals

(269,932

)

At 31 March 2025

745,777

DEPRECIATION

At 1 April 2024

383,775

Charge for year

121,623

Eliminated on disposal

(100,353

)

At 31 March 2025

405,045

NET BOOK VALUE

At 31 March 2025

340,732

At 31 March 2024

589,722

5.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/25

31/3/24

£

£

Hire purchase contracts

-

32,757

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31/3/25

31/3/24

£

£

I G Mercer

Balance outstanding at start of year

25,000

-

Amounts advanced

-

25,000

Amounts repaid

(197,411

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(172,411

)

25,000

S N Gerrard

Balance outstanding at start of year

-

-

Amounts repaid

(11,016

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(11,016

)

-

A Mercer

Balance outstanding at start of year

23,057

-

Amounts advanced

-

23,057

Amounts repaid

(2,168

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,889

23,057

Interest has been charged on the loan at the HMRC official rate.

7.	RELATED PARTY DISCLOSURES

The company paid rentals to the director of £18,000 (2024: £18,000) for the operating premises of the business.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Stone Central (NW) EOT Ltd.