REGISTERED NUMBER: SC151439 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

HUTTON STONE CO. LTD.

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

M J Paine

S W Paine

REGISTERED OFFICE:

West Fishwick

Berwick upon Tweed

Borders

TD15 1XQ

REGISTERED NUMBER:

SC151439 (Scotland)

ACCOUNTANTS:

J.H. Greenwood & Company

Chartered Accountants

Ava Lodge

Castle Terrace

Berwick Upon Tweed

Northumberland

TD15 1NP

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hutton Stone Co. Ltd. for the year ended 31 January 2026 which comprise the Profit and Loss, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

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

It is your duty to ensure that Hutton Stone Co. Ltd. has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hutton Stone Co. Ltd.. You consider that Hutton Stone Co. 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 financial statements of Hutton Stone Co. 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 financial statements.

J.H. Greenwood & Company

Chartered Accountants

Ava Lodge

Castle Terrace

Berwick Upon Tweed

Northumberland

TD15 1NP

9 August 2026

FIXED ASSETS

Tangible assets

4

1,374,795

1,622,568

Investment property

5

680,000

680,000

2,054,795

2,302,568

CURRENT ASSETS

Stocks

228,576

197,321

Debtors

6

717,485

467,653

Cash at bank and in hand

512,687

387,956

1,458,748

1,052,930

CREDITORS

Amounts falling due within one year

7

653,479

458,968

NET CURRENT ASSETS

805,269

593,962

TOTAL ASSETS LESS CURRENT LIABILITIES

2,860,064

2,896,530

CREDITORS

Amounts falling due after more than one year

8

(672,092

)

(837,756

)

PROVISIONS FOR LIABILITIES

(53,301

)

(118,745

)

NET ASSETS

2,134,671

1,940,029

CAPITAL AND RESERVES

Called up share capital

108

108

Share premium

89,992

89,992

Revaluation reserve

9

14,421

14,421

Retained earnings

2,030,150

1,835,508

SHAREHOLDERS' FUNDS

2,134,671

1,940,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2026 and were signed on its behalf by:

M J Paine - Director

1.	STATUTORY INFORMATION

Hutton Stone Co. Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Geological stone testing is being amortised evenly over it's estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings freehold

-

10% on cost and Land not depreciated

Short leasehold property

-

in accordance with the property

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2025 - 39 ) .

4.	TANGIBLE FIXED ASSETS

Land and

Short

buildings

leasehold

Plant and

freehold

property

machinery

£

£

£

COST

At 1 February 2025

411,217

37,753

3,331,495

Additions

-

-

10,607

Disposals

-

-

(3,900

)

At 31 January 2026

411,217

37,753

3,338,202

DEPRECIATION

At 1 February 2025

142,864

34,276

2,119,015

Charge for year

9,077

3,477

243,387

Eliminated on disposal

-

-

(3,900

)

At 31 January 2026

151,941

37,753

2,358,502

NET BOOK VALUE

At 31 January 2026

259,276

-

979,700

At 31 January 2025

268,353

3,477

1,212,480

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 February 2025

4,700

291,218

4,076,383

Additions

-

35,600

46,207

Disposals

-

(17,145

)

(21,045

)

At 31 January 2026

4,700

309,673

4,101,545

DEPRECIATION

At 1 February 2025

4,700

152,960

2,453,815

Charge for year

-

35,917

291,858

Eliminated on disposal

-

(15,023

)

(18,923

)

At 31 January 2026

4,700

173,854

2,726,750

NET BOOK VALUE

At 31 January 2026

-

135,819

1,374,795

At 31 January 2025

-

138,258

1,622,568

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 February 2025

365,700

224,924

590,624

Additions

-

35,600

35,600

Transfer to ownership

-

(44,971

)

(44,971

)

At 31 January 2026

365,700

215,553

581,253

DEPRECIATION

At 1 February 2025

54,005

118,068

172,073

Charge for year

62,339

28,152

90,491

Transfer to ownership

-

(34,566

)

(34,566

)

At 31 January 2026

116,344

111,654

227,998

NET BOOK VALUE

At 31 January 2026

249,356

103,899

353,255

At 31 January 2025

311,695

106,856

418,551

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

and 31 January 2026

680,000

NET BOOK VALUE

At 31 January 2026

680,000

At 31 January 2025

680,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

£

Trade debtors

267,008

215,148

Amounts recoverable on contract

408,866

222,000

Other debtors

41,611

30,505

717,485

467,653

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

£

Bank loans and overdrafts

87,404

85,729

Hire purchase contracts

89,648

89,673

Payments on account

140,285

26,679

Trade creditors

157,834

150,709

Taxation and social security

130,137

72,209

Other creditors

48,171

33,969

653,479

458,968

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/1/26

31/1/25

£

£

Bank loans

538,691

632,770

Hire purchase contracts

133,401

204,986

672,092

837,756

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

251,584

350,360

9.

RESERVES

Revaluation

reserve

£

At 1 February 2025

and 31 January 2026

14,421