Registration number: 09701690

Stoner Ross Ltd

trading as The Ship

Contents

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

Stoner Ross Ltd

trading as The Ship

(Registration number: 09701690)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	17,002	18,362
Current assets
Stocks	5	12,951	11,941
Debtors	6	76,608	58,494
Cash at bank and in hand		68,342	144,351
		157,901	214,786
Creditors: Amounts falling due within one year	7	(92,490)	(114,072)
Net current assets		65,411	100,714
Total assets less current liabilities		82,413	119,076
Creditors: Amounts falling due after more than one year	7	-	(7,373)
Provisions for liabilities		(4,250)	(4,590)
Net assets		78,163	107,113
Capital and reserves
Called up share capital		10	10
Retained earnings		78,153	107,103
Shareholders' funds		78,163	107,113

Stoner Ross Ltd

trading as The Ship

(Registration number: 09701690)
Balance Sheet as at 30 September 2025

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 19 May 2026 and signed on its behalf by:
 

......................................... Mrs A Benstead Director

......................................... Mr A Benstead Director

Stoner Ross Ltd

trading as The Ship

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:
The Ship
35 Walton Road
Kirby Le Soken
Essex
CO13 0DT

These financial statements were authorised for issue by the Board on 19 May 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.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of food and beverages 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 and deferred 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.

Stoner Ross Ltd

trading as The Ship

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

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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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
Fixtures and fittings	20% Straight line
Motor vehicles	25% Straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Stoner Ross Ltd

trading as The Ship

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

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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 25 (2024 - 26).

Stoner Ross Ltd

trading as The Ship

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

4	Tangible assets

	Fixtures and fittings £	Motor vehicles  £	Total £
Cost or valuation
At 1 October 2024	110,141	25,500	135,641
Additions	6,239	-	6,239
At 30 September 2025	116,380	25,500	141,880
Depreciation
At 1 October 2024	97,279	20,000	117,279
Charge for the year	7,599	-	7,599
At 30 September 2025	104,878	20,000	124,878
Carrying amount
At 30 September 2025	11,502	5,500	17,002
At 30 September 2024	12,862	5,500	18,362

5

Stocks

	2025 £	2024 £
Finished goods and goods for resale	12,951	11,941

6

Debtors

Current	2025 £	2024 £
Other debtors	76,608	58,494
	76,608	58,494

Stoner Ross Ltd

trading as The Ship

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

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		8,334	10,845
Trade creditors		24,916	25,472
Taxation and social security		53,564	57,682
Accruals and deferred income		5,676	10,179
Other creditors		-	9,894
		92,490	114,072

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		-	7,373

8	Related party transactions

Transactions with directors

2025	At 1 October 2024 £	Advances to director £	Repayments by director £	At 30 September 2025 £
Mrs A Benstead
Monies owed to the company by the Director	58,495	162,986	(181,530)	39,950
Mr A Benstead
Monies owed to the company by the director	(9,894)	86,553	(40,000)	36,658

Stoner Ross Ltd

trading as The Ship

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

2024	At 1 October 2023 £	Advances to director £	Repayments by director £	At 30 September 2024 £
Mrs A Benstead
Monies owed to the company by the Director	49,448	129,047	(120,000)	58,495
Mr A Benstead
Monies owed to the company by the director	48,261	31,845	(90,000)	(9,894)