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Registration number: 07564633

Stonebusters Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2026

 

Stonebusters Ltd

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Profit and Loss Account

4

Statement of Comprehensive Income

5

Balance Sheet

6

Statement of Changes in Equity

7

Notes to the Unaudited Financial Statements

8 to 11

 

Stonebusters Ltd

Company Information

Directors

Mrs Caroline Watson

Mr Graham Watson

Registered office

65 Victoria Road
Polegate
East Sussex
BN26 6BY

Accountants

Hogarth Business Services 65 Victoria Road
Polegate
East Sussex
BN26 6BY

 

Stonebusters Ltd

Directors' Report for the Year Ended 31 March 2026

The directors present their report and the financial statements for the year ended 31 March 2026.

Directors of the company

The directors who held office during the year were as follows:

Mrs Caroline Watson

Mr Graham Watson

Principal activity

The principal activity of the company is Medical Consultants

Going concern

No going concern issues.

Small companies provision statement

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

Approved and authorised by the Board on 18 May 2026 and signed on its behalf by:
 

.........................................
Mrs Caroline Watson
Director

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Stonebusters Ltd
for the Year Ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Stonebusters Ltd for the year ended 31 March 2026 as set out on pages 4 to 11 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Stonebusters Ltd, as a body, in accordance with the terms of our engagement letter dated 1 April 2026. Our work has been undertaken solely to prepare for your approval the accounts of Stonebusters Ltd and state those matters that we have agreed to state to the Board of Directors of Stonebusters Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stonebusters Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Stonebusters Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Stonebusters Ltd. You consider that Stonebusters Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Stonebusters Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Hogarth Business Services
65 Victoria Road
Polegate
East Sussex
BN26 6BY

18 May 2026

 

Stonebusters Ltd

Profit and Loss Account for the Year Ended 31 March 2026

Note

2026
£

2025
£

Turnover

 

-

-

Gross profit/(loss)

 

-

-

Administrative expenses

 

(3,101)

(21,722)

Operating loss

 

(3,101)

(21,722)

Other interest receivable and similar income

 

2,922

3,535

Loss before tax

4

(179)

(18,187)

Loss for the financial year

 

(179)

(18,187)

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

Stonebusters Ltd

Statement of Comprehensive Income for the Year Ended 31 March 2026

2026
£

2025
£

Loss for the year

(179)

(18,187)

Total comprehensive income for the year

(179)

(18,187)

 

Stonebusters Ltd

(Registration number: 07564633)
Balance Sheet as at 31 March 2026

Note

2026
£

2025
£

Current assets

 

Cash at bank and in hand

 

195,022

249,491

Creditors: Amounts falling due within one year

5

(895)

(4,185)

Net assets

 

194,127

245,306

Capital and reserves

 

Called up share capital

6

100

100

Retained earnings

194,027

245,206

Shareholders' funds

 

194,127

245,306

For the financial year ending 31 March 2026 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 18 May 2026 and signed on its behalf by:
 

.........................................
Mr Graham Watson
Director

 

Stonebusters Ltd

Statement of Changes in Equity for the Year Ended 31 March 2026

Share capital
£

Retained earnings
£

Total
£

At 1 April 2025

100

245,206

245,306

Loss for the year

-

(179)

(179)

Dividends

-

(51,000)

(51,000)

At 31 March 2026

100

194,027

194,127

Share capital
£

Retained earnings
£

Total
£

At 1 April 2024

-

245,206

245,206

Prior period adjustment

-

18,187

18,187

At 1 April 2024 (As restated)

-

263,393

263,393

Loss for the year

-

(18,187)

(18,187)

New share capital subscribed

100

-

100

At 31 March 2025

100

245,206

245,306

 

Stonebusters Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1

General information

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

The address of its registered office is:
65 Victoria Road
Polegate
East Sussex
BN26 6BY
United Kingdom

These financial statements were authorised for issue by the Board on 18 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.

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 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.

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.

 

Stonebusters Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 0).

4

Loss before tax

Arrived at after charging/(crediting)

2026
£

2025
£

Depreciation expense

-

11,057

5

Creditors

Creditors: amounts falling due within one year

2026
£

2025
£

Due within one year

Trade creditors

-

4,185

Accruals and deferred income

895

-

895

4,185

6

Share capital

7

Dividends

2026

2025

£

£

Final dividend of £510.00 (2025 - £Nil) per ordinary share

-

-

 

 

8

Transition to FRS 102

Balance Sheet at 1 April 2024
 

As originally reported
£

Reclassification
£

Remeasurement
£

As restated
£

Capital and reserves

Total equity

-

-

-

-

 

Stonebusters Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Balance Sheet at 31 March 2025
 

As originally reported
£

Reclassification
£

Remeasurement
£

As restated
£

Capital and reserves

Total equity

-

-

-

-

 

Stonebusters Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Profit and Loss Account for the year ended 31 March 2025
 

As originally reported
£

Reclassification
£

Remeasurement
£

As restated
£

Turnover

-

-

-

-

Operating profit/(loss)

-

-

-

-

Profit/(loss) before tax

-

-

-

-

Profit/(loss) for the financial year

-

-

-

-