Company Registration No. 13175527 (England and Wales)
Stone Barrell Ltd
Unaudited accounts
for the year ended 31 March 2026
Stone Barrell Ltd
Unaudited accounts
Contents
Stone Barrell Ltd
Company Information
for the year ended 31 March 2026
Directors
Jacob Barrell
Sarah Stone
Company Number
13175527 (England and Wales)
Registered Office
37 Percy Street
Oxford
OX4 3AA
England
Accountants
True North Accountancy Ltd
19 Forest Crescent
Illingworth
Halifax
West Yorkshire
HX2 8DS
Stone Barrell Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
7,531
9,618
Cash at bank and in hand
22,295
32,885
Creditors: amounts falling due within one year
(5,213)
(7,960)
Net current assets
27,265
32,870
Total assets less current liabilities
34,796
42,488
Provisions for liabilities
Deferred tax
(1,431)
(1,879)
Called up share capital
2
2
Profit and loss account
33,363
40,607
Shareholders' funds
33,365
40,609
For the 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. 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 June 2026 and were signed on its behalf by
Sarah Stone
Director
Company Registration No. 13175527
Stone Barrell Ltd
Notes to the Accounts
for the year ended 31 March 2026
Stone Barrell Ltd is a private company, limited by shares, registered in England and Wales, registration number 13175527. The registered office is 37 Percy Street, Oxford, OX4 3AA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Computer equipment
33% Reducing Balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Stone Barrell Ltd
Notes to the Accounts
for the year ended 31 March 2026
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 statement of comprehensive income because of items of income or expense that are taxable or deductible in other year 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.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2025
12,197
4,163
16,360
At 31 March 2026
12,197
4,163
16,360
At 1 April 2025
3,831
2,911
6,742
Charge for the year
1,673
414
2,087
At 31 March 2026
5,504
3,325
8,829
At 31 March 2026
6,693
838
7,531
At 31 March 2025
8,366
1,252
9,618
Amounts falling due within one year
Accrued income and prepayments
601
679
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
4,400
7,283
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).