High Stone Property Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 11265193

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		466,000		471,005
Investments	5		1		-

			466,001		471,005
CURRENT ASSETS
Debtors	6	294,778		115,166
Cash at bank and in hand		30,213		255,588

		324,991		370,754
Creditors: Amounts Falling Due Within One Year	7	(173,846 )		(225,698 )

NET CURRENT ASSETS (LIABILITIES)			151,145		145,056

TOTAL ASSETS LESS CURRENT LIABILITIES			617,146		616,061

Creditors: Amounts Falling Due After More Than One Year	8		(811,850 )		(788,203 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(382 )		(1,633 )

NET LIABILITIES			(195,086 )		(173,775 )

CAPITAL AND RESERVES
Called up share capital	9		1		1
Fair value reserve	10		1,145		1,145
Profit and Loss Account			(196,232 )		(174,921 )

SHAREHOLDERS' FUNDS			(195,086)		(173,775)

Page 1

Page 2

High Stone Property Limited

Balance Sheet (continued)

As At 31 March 2026

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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James Scott

Director

12/10/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

High Stone Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11265193 . The registered office is 2 Wexland Avenue, Netheravon, Salisbury, SP4 9RE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

2.3. Turnover

Turnover is achieved by the provision of short term accommodation to customers over the year and project management services.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Investments	0%
Motor Vehicles	25% straight line
Fixtures & Fittings	25% straight line
Computer Equipment	25% straight line

2.5. Investment Properties

All investment properties are carried at fair value as determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.6. Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Page 3

Page 4

High Stone Property Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Taxation

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 years 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.8. Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9. Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. Average Number of Employees

The average number of employees, including directors, during the year was 1 (2025: 1)

4. Tangible Assets

	Land & Property
	Investments	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2025	466,000	849	22,072	4,744	493,665

As at 31 March 2026	466,000	849	22,072	4,744	493,665

Depreciation
As at 1 April 2025	-	849	17,067	4,744	22,660
Provided during the period	-	-	5,005	-	5,005

As at 31 March 2026	-	849	22,072	4,744	27,665

Net Book Value
As at 31 March 2026	466,000	-	-	-	466,000

As at 1 April 2025	466,000	-	5,005	-	471,005

Page 4

Page 5

High Stone Property Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 April 2025	-
Additions	1

As at 31 March 2026	1

Provision
As at 1 April 2025	-

As at 31 March 2026	-

Net Book Value
As at 31 March 2026	1

As at 1 April 2025	-

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	2,878	4,461
Prepayments and accrued income	340	353
Other debtors	85,292	79,102
Amounts owed by group undertakings	206,268	31,250

	294,778	115,166

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	33	30
Bank loans and overdrafts	2,897	2,897
Corporation tax	-	40,176
Other taxes and social security	284	-
VAT	-	1,521
Other creditors	170,632	181,074

	173,846	225,698

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	315,151	318,048
Other creditors	40,000	40,000
Director's loan account	456,699	430,155

	811,850	788,203

Page 5

Page 6

High Stone Property Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

10. Reserves

	Fair value reserve	Profit and Loss Account
	£	£
As at 1 April 2025	1,145	(174,921 )
Loss for the year and total comprehensive income	-	(21,311 )

As at 31 March 2026	1,145	(196,232 )

11. Related Party Transactions

Included in other debtors due within one year is £85,252 (2025: £79,102) owed by a company connected to the director. The balance is unsecured and repayable on demand.

The company has taken advantage of the exemption available under Section 1A of FRS 102 from the requirement to disclose related party transactions with wholly owned members of the group

Page 6