Company Registration No. 6544534 (England and Wales)
Stoneletters Limited
Unaudited accounts
for the year ended 31 March 2025
Stoneletters Limited
Statement of financial position
as at 31 March 2025
Tangible assets
25,977
29,619
Cash at bank and in hand
189,690
252,994
Creditors: amounts falling due within one year
(109,279)
(115,283)
Net current assets
115,096
156,578
Total assets less current liabilities
141,073
189,836
Provisions for liabilities
Deferred tax
(4,936)
(5,960)
Net assets
136,137
183,876
Called up share capital
115
100
Profit and loss account
136,022
183,776
Shareholders' funds
136,137
183,876
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by
Mrs H L Wessel
Director
Company Registration No. 6544534
Stoneletters Limited
Notes to the Accounts
for the year ended 31 March 2025
Stoneletters Limited is a private company, limited by shares, registered in England and Wales, registration number 6544534. The registered office is Spring Cottage, Green Lane, Milton Under Wychwood, Chipping Norton, OX7 6JY, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Motor vehicles
25% straight line
Computer equipment
25% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Stoneletters Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
41,169
24,273
2,404
67,846
Additions
11,730
-
499
12,229
At 31 March 2025
52,899
24,273
2,903
80,075
At 1 April 2024
20,379
16,273
1,575
38,227
Charge for the year
12,093
3,199
579
15,871
At 31 March 2025
32,472
19,472
2,154
54,098
At 31 March 2025
20,427
4,801
749
25,977
At 31 March 2024
20,790
8,000
829
29,619
Amounts falling due within one year
Trade debtors
29,019
12,098
Accrued income and prepayments
666
1,769
Stoneletters Limited
Notes to the Accounts
for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
5,827
19,941
Loans from directors
87,356
83,177
8
Deferred taxation
2025
2024
Accelerated capital allowances
4,936
5,960
Provision at start of year
5,960
6,917
Credited to the profit and loss account
(1,024)
(957)
Provision at end of year
4,936
5,960
Allotted, called up and fully paid:
45 "A" shares of £1 each
45
45
45 "B" shares of £1 each
45
45
10 "C" shares of £1 each
10
10
5 "D" shares of £1 each
5
-
10 "E" shares of £1 each
10
-
Shares issued during the period:
10 "E" shares of £1 each
10
The ultimate controlling parties are the directors of the company.
11
Average number of employees
During the year the average number of employees was 5 (2024: 5).