Natural Stone Fireplaces Limited Accounts






Natural Stone Fireplaces Limited

	Company No. 07180165
		Information for Filing with The Registrar
		31 March 2025

The Directors present their report and the accounts for the year ended 31 March 2025.

Principal activities
The principal activity of the company during the year under review was retail sale of fireplaces.




Directors

The Directors who served at any time during the year were as follows:

C.J. Davison
C. Davison








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

C.J. Davison
Director
28 November 2025

at	31 March 2025
Company No.		07180165	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		4	133,966	139,776


				133,966	139,776
Current assets
	Stocks		5	150,579	164,000
	Debtors		6	174,527	67,558

	Cash at bank and in hand			22,423	9,894
				347,529	241,452
Creditors: Amount falling due within one year			7	(638,153)	(500,114)
Net current liabilities				(290,624)	(258,662)
Total assets less current liabilities				(156,658)	(118,886)
Creditors: Amounts falling due after more than one year			8	(6,018)	(39,158)
Provisions for liabilities
	Deferred taxation			(25,453)	(26,557)

Net liabilities				(188,129)	(184,601)

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		10	(188,229)	(184,701)

Total equity				(188,129)	(184,601)



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 28 November 2025 and signed on its behalf by:
C. Davison
Director
28 November 2025

for the year ended 31 March 2025

General information

Natural Stone Fireplaces Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 07180165

Its registered office is:

Its trading address is:

Showroom 5 Hydro Retail Park

Northminster Business Park

Ripon Road

Unit2 Harwood Road

Harrogate

Upper Poppleton

North Yorkshire

York

HG1 2BF

YO26 6QU

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Going concern

The financial statements have been prepared on a going concern basis despite the balance sheet showing net liabilities.

The company will continue to receive financial support from the director and other investors for a period of in excess 12 months from the date of approval of the financial statements.

This report has been prepared in accordance with the special provision of Part 15 of the Companies Act 2006 relating to small companies.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

10% Reducing balance

Motor vehicles

15% Reducing balance

Furniture, fittings and equipment

15% Reducing balance

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	10	12

4	Tangible fixed assets
			Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£
		Cost or revaluation
		At 1 April 2024	271,155	56,983	17,069	345,207
		Additions	-	12,000	111	12,111



		At 31 March 2025	271,155	68,983	17,180	357,318
		Depreciation
		At 1 April 2024	173,931	17,934	13,566	205,431
		Charge for the year	9,722	7,657	542	17,921



		At 31 March 2025	183,653	25,591	14,108	223,352
		Net book values
		At 31 March 2025	87,502	43,392	3,072	133,966
		At 31 March 2024	97,224	39,049	3,503	139,776

5	Stocks
			2025	2024
			£	£
		Raw materials and consumables	144,000	-
		Work in progress	6,579	-
		Finished goods	-	164,000
			150,579	164,000

6	Debtors
			2025	2024
			£	£


		Corporation tax recoverable	43,070	-


		Loans to directors	127,614	67,558
		Other debtors	3,843	-

			174,527	67,558

7	Creditors:
		amounts falling due within one year
			2025	2024
			£	£

		Bank loans and overdrafts	27,200	27,200

		Obligations under finance lease and hire purchase contracts	5,940	6,435
		Trade creditors	94,357	105,114

		Taxes and social security	308,346	172,641

		Other creditors	8,224	2,311
		Accruals and deferred income	194,086	186,413
			638,153	500,114

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

		Bank loans and overdrafts	4,533	31,733

		Obligations under finance lease and hire purchase contracts	1,485	7,425




			6,018	39,158

Share Capital

Share capital comprises 100 Ordinary £1 shares fully paid up. Ordinary shares are classified as equity. Equity instruments are measured at fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

11	Advances and credits to directors
			2025
			£
		At 1 April 2024	67,558
		Advanced in the period	100,011
		Amounts repaid in the period	39,956


		At 31 March 2025	127,614