REGISTERED NUMBER: 02225842

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

S & A Stone Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr C A Stone

Mrs C Stone

REGISTERED OFFICE:

Brunel House

11 The Promenade

Clifton Down

Bristol

BS8 3NG

REGISTERED NUMBER:

02225842

ACCOUNTANTS:

Wormald & Partners

Chartered Accountants (ICAEW)

Brunel House

11 The Promenade

Clifton Down

Bristol

BS8 3NG

FIXED ASSETS

Tangible assets

4

58,076

55,552

Investment property

5

1,761,156

1,761,156

1,819,232

1,816,708

CURRENT ASSETS

Debtors

6

29,303

22,803

Cash at bank

284,904

238,647

314,207

261,450

CREDITORS

Amounts falling due within one year

7

718,095

737,998

NET CURRENT LIABILITIES

(403,888

)

(476,548

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,415,344

1,340,160

PROVISIONS FOR LIABILITIES

8

11,034

10,555

NET ASSETS

1,404,310

1,329,605

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

1,404,210

1,329,505

SHAREHOLDERS' FUNDS

1,404,310

1,329,605

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.

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 19 December 2025 and were signed on its behalf by:

Mr C A Stone - Director

1.	STATUTORY INFORMATION

S & A Stone Limited is a private company, limited by shares , registered in Not specified/Other. 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 as modified by the revaluation of certain assets.

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.

Plant and machinery

-

15% on reducing balance basis

Motor vehicles

-

25% on reducing balance basis

Computer equipment

-

33.33% on straight line basis

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

14,878

56,290

2,504

73,672

Additions

867

22,285

-

23,152

Disposals

-

(16,595

)

-

(16,595

)

At 31 March 2025

15,745

61,980

2,504

80,229

DEPRECIATION

At 1 April 2024

1,072

16,165

883

18,120

Charge for year

2,125

9,873

540

12,538

Eliminated on disposal

-

(8,505

)

-

(8,505

)

At 31 March 2025

3,197

17,533

1,423

22,153

NET BOOK VALUE

At 31 March 2025

12,548

44,447

1,081

58,076

At 31 March 2024

13,806

40,125

1,621

55,552

5.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

1,761,156

NET BOOK VALUE

At 31 March 2025

1,761,156

At 31 March 2024

1,761,156

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially

recognised at cost, which includes the purchase cost and any directly attributable expenditure.

Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation

is recognised in profit or loss.

Cost or valuation at 31 March 2025 is represented by:

£

Valuation in 2020

850,000

Valuation in 2021

910,122

Valuation in 2023

1,034

1,761,156

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

1,761,156

1,761,156

Aggregate depreciation

39,686,424

361,641

investment property was valued on open market basis on 31 March 2025 by the Directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

23,579

17,079

Other debtors

5,724

5,724

29,303

22,803

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,158

62

Amounts owed to group undertakings

673,587

703,944

Tax

21,474

15,356

Social security and other taxes

6,476

3,364

Directors' loan accounts

2,787

2,659

Accrued expenses

12,613

12,613

718,095

737,998

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

11,034

10,555

Deferred

tax

£

Balance at 1 April 2024

10,555

Provided during year

479

Balance at 31 March 2025

11,034

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2024

1,329,505

Profit for the year

74,705

At 31 March 2025

1,404,210

11.	RELATED PARTY DISCLOSURES

12.	ULTIMATE CONTROLLING PARTY