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Registration number: 10844597

Stoneguard (Holdings) Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 September 2025

Stoneguard (Holdings) Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8

Stoneguard (Holdings) Limited

Company Information

Directors | N A Constantinou A N Constantinou R Hadjivassiliou

Registered office | 590 Green Lanes Palmers Green London N13 5RY

Accountants | Thomas Alexander & Co Ltd 590 Green Lanes Palmers Green London N13 5RY

Stoneguard (Holdings) Limited

(Registration number: 10844597)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,514,442 | 1,535,772
Investments | 5 | 100 | 100
|  | 1,514,542 | 1,535,872
Current assets |  |  |
Debtors | 6 | 180,666 | 398,003
Cash at bank and in hand |  | 525,387 | 95,741
|  | 706,053 | 493,744
Creditors: Amounts falling due within one year | 7 | (1,355,681) | (1,778,641)
Net current liabilities |  | (649,628) | (1,284,897)
Total assets less current liabilities |  | 864,914 | 250,975
Creditors: Amounts falling due after more than one year | 7 | (139,789) | (216,182)
Net assets |  | 725,125 | 34,793
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | 725,025 | 34,693
Shareholders' funds |  | 725,125 | 34,793

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 April 2026 and signed on its behalf by:

......................................... A N Constantinou Director

Stoneguard (Holdings) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
590 Green Lanes
Palmers Green
London
N13 5RY

These financial statements were authorised for issue by the Board on 13 April 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Group accounts not prepared

The company has taken advantage of the exemption in section 398 of the Companies Act 2006 from the requirement to prepare consolidated financial statements, on the grounds that it is a small sized group..

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Stoneguard (Holdings) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Freehold Property | Over 50 years

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stoneguard (Holdings) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

Stoneguard (Holdings) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4 | Tangible assets

| Land and buildings £ | Total £
Cost or valuation
At 1 October 2024 | 1,599,762 | 1,599,762
At 30 September 2025 | 1,599,762 | 1,599,762
Depreciation
At 1 October 2024 | 63,990 | 63,990
Charge for the year | 21,330 | 21,330
At 30 September 2025 | 85,320 | 85,320
Carrying amount
At 30 September 2025 | 1,514,442 | 1,514,442
At 30 September 2024 | 1,535,772 | 1,535,772

Included within the net book value of land and buildings above is £1,514,442 (2024 - £1,535,772) in respect of freehold land and buildings.

5 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 100 | 100

Subsidiaries | £
Cost or valuation
At 1 October 2024 | 100
Provision
Carrying amount
At 30 September 2025 | 100
At 30 September 2024 | 100

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Stoneguard (Holdings) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025 | 2024

Subsidiary undertakings
Stoneguard Projects Ltd | 590 Green Lanes, London, N13 5RY | Ordinary shares | 100% | 100%
| UK |  |  |

Associates
Stoneguard Northern Ltd | 590 Green Lanes, London, N13 5RY | Ordinary shares | 50% | 50%
| UK |  |  |

The principal activity of Stoneguard Projects Ltd is the provision of specialist building contractor services. The profit for the financial period of Stoneguard Projects Ltd was £618,493 and the aggregate amount of capital and reserves at the end of the period was £2,341708.

6 | Debtors

| 2025 £ | 2024 £
Other debtors | 180,666 | 398,003
| 180,666 | 398,003

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 2,724 | 116
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 1,008,977 | 1,429,889
Other creditors | 260,000 | 260,000
Directors loan account | 7,587 | 17,393
Other loans | 76,393 | 71,243
| 1,355,681 | 1,778,641

The loan is secured by a fixed and floating charge over the assets of the company.

Stoneguard (Holdings) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Other loans |  | 139,789 | 216,182

The loan is secured by a fixed and floating charge over the assets of the company.

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

9 | Dividends

|  | 2025 |  | 2024
|  | £ |  | £
Interim dividend of £3,000.00 (2024 - £13,000.00) per ordinary share |  | 300,000 |  | 1,300,000

10 | Related party transactions

Summary of transactions with other related parties

Included in creditors is an amount of £1,008,977 (2024: £1,429,889) owed to Stoneguard Projects Ltd, a wholly owned subsidiary.