Company Registration No. 08261774 (England and Wales)
Spencer Wix Stone Mason Ltd
Unaudited accounts
for the year ended 31 October 2025
Spencer Wix Stone Mason Ltd
Unaudited accounts
Contents
Spencer Wix Stone Mason Ltd
Statement of financial position
as at 31 October 2025
Tangible assets
52,640
28,800
Cash at bank and in hand
170,818
154,235
Creditors: amounts falling due within one year
(130,385)
(100,948)
Net current assets
65,550
84,523
Total assets less current liabilities
118,190
113,323
Creditors: amounts falling due after more than one year
-
(2,283)
Provisions for liabilities
Deferred tax
(10,465)
(5,456)
Net assets
107,725
105,584
Called up share capital
10
10
Profit and loss account
107,715
105,574
Shareholders' funds
107,725
105,584
For the year ending 31 October 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 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 20 July 2026 and were signed on its behalf by
S T Wix
Director
Company Registration No. 08261774
Spencer Wix Stone Mason Ltd
Notes to the Accounts
for the year ended 31 October 2025
Spencer Wix Stone Mason Ltd is a private company, limited by shares, registered in England and Wales, registration number 08261774. The registered office is UNIT 2 RENDLESHAM MEWS, RENDLESHAM, WOODBRIDGE, SUFFOLK, IP12 2SZ.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
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 is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Spencer Wix Stone Mason Ltd
Notes to the Accounts
for the year ended 31 October 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2024
33,790
29,574
63,364
Additions
46,388
1,465
47,853
Disposals
(14,000)
-
(14,000)
At 31 October 2025
66,178
31,039
97,217
At 1 November 2024
13,991
20,573
34,564
Charge for the year
12,265
2,122
14,387
On disposals
-
(4,374)
(4,374)
At 31 October 2025
26,256
18,321
44,577
At 31 October 2025
39,922
12,718
52,640
At 31 October 2024
19,799
9,001
28,800
Amounts falling due within one year
Trade debtors
22,809
28,968
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,333
4,050
Trade creditors
16,471
18,986
Taxes and social security
13,038
21,605
Other creditors
83,311
46,624
Loans from directors
500
500
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
Spencer Wix Stone Mason Ltd
Notes to the Accounts
for the year ended 31 October 2025
The company is under the control of the director Mr S T Wix who has control of 100% of the share capital.
10
Average number of employees
During the year the average number of employees was 4 (2024: 4).