R. G. Stones (Buildings) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02896719 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

R. G. STONES (BUILDINGS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A Wolfson

T Edwards

I N Wright

SECRETARY:

M A Wolfson

REGISTERED OFFICE:

Preesgweene

Weston Rhyn

Oswestry

Shropshire

SY10 7TZ

REGISTERED NUMBER:

02896719 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

Chartered Accountants

25, Grosvenor Road

Wrexham

LL11 1BT

BANKERS:

National Westminster Bank plc

33, Lord Street

Wrexham

LL11 1LP

FIXED ASSETS

Tangible assets

4

7,420

3,772

CURRENT ASSETS

Stocks

5

361,321

307,933

Debtors

6

1,652,006

980,526

Cash at bank and in hand

1,484,269

2,371,088

3,497,596

3,659,547

CREDITORS

Amounts falling due within one year

7

505,892

591,770

NET CURRENT ASSETS

2,991,704

3,067,777

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,999,124

3,071,549

PROVISIONS FOR LIABILITIES

8

943

NET ASSETS

2,998,181

3,070,606

CAPITAL AND RESERVES

Called up share capital

9

2

Retained earnings

2,998,179

3,070,604

SHAREHOLDERS' FUNDS

2,998,181

3,070,606

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22nd July 2026 and were signed on its behalf by:

I N Wright - Director

1.	STATUTORY INFORMATION

R. G. Stones (Buildings) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

10% on cost

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 Statement of Income and Retained Earnings, 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.

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 21 (2025 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

COST

At 1st April 2025

69,912

-

69,912

Additions

-

3,648

At 31st March 2026

69,912

3,648

73,560

DEPRECIATION

At 1st April 2025

and 31st March 2026

66,140

-

66,140

NET BOOK VALUE

At 31st March 2026

3,772

3,648

7,420

At 31st March 2025

3,772

-

3,772

5.

STOCKS

31.3.26

31.3.25

£

Stocks and work in progress

361,321

307,933

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

753,323

187,537

Amounts owed by group undertakings

804,612

769,809

Other debtors and prepayments

38,852

23,180

Directors' current accounts

55,219

-

1,652,006

980,526

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade creditors

117,672

75,627

Corporation tax

125,776

287,096

Social security and other taxes

37,034

39,433

Pension control account

3,413

2,887

VAT

134,237

139,637

Accrued expenses

87,760

47,090

505,892

591,770

8.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

Deferred tax

Accelerated capital allowances

943

Deferred

tax

£

Balance at 1st April 2025

943

Changes in tax rates

Changes in tax allowances

Balance at 31st March 2026

943

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

2

Ordinary

£1

2

10.	CAPITAL COMMITMENTS

31.3.26

31.3.25

£

Contracted but not provided for in the

financial statements

-

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

There is an overdrawn directors loan account outstanding as at 31st March 2026. This is due to be repaid by November 2026. This loan is for £55,000 and interest has been charged on this loan at a rate of 3.75% per annum.

12.	RELATED PARTY DISCLOSURES

There was a balance outstanding at the year end due from the holding company, R.G.Stones (Timber) Limited in the sum of £804,612 (2025 £769,809)

During the year the company charged R.G.Stones (Timber) Limited £159,127 (2025 £130,207) for costs incurred on its behalf and was charged by that company £180,000 (2025 £180,000) in respect of management charges.