Overstones Limited

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Report to the directors on the preparation of the unaudited statutory accounts of Overstones Limited for the year ended 31 March 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Overstones Limited which comprise the Profit and Loss Account, the 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Overstones Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Overstones Limited and state those matters that we have agreed to state to the directors of Overstones Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Overstones Limited and its directors as a body for our work or for this report.

It is your duty to ensure that Overstones Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Overstones Limited . You consider that Overstones Limited 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 accounts of Overstones Limited . 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 financial statements.

20 November 2025

Pinstripe Ltd

Pure Offices Kestrel Court

Harbour Road

Portishead

Bristol

BS20 7AN

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Overstones Limited

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 05367348

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		36,353		52,975
Investment Properties	5		93,200		93,200

			129,553		146,175
CURRENT ASSETS
Debtors	6	979		2,100
Cash at bank and in hand		25,585		24,834

		26,564		26,934
Creditors: Amounts Falling Due Within One Year	7	(11,026 )		(19,568 )

NET CURRENT ASSETS (LIABILITIES)			15,538		7,366

TOTAL ASSETS LESS CURRENT LIABILITIES			145,091		153,541

NET ASSETS			145,091		153,541

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			145,089		153,539

SHAREHOLDERS' FUNDS			145,091		153,541

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Overstones Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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.

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 Bryan Wall

Director

20 November 2025

The notes on pages 4 to 7 form part of these financial statements.

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Overstones Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Overstones Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05367348 . The registered office is Fairhope 26 Wrington Lane, Congresbury, Bristol, BS49 5BQ.

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

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. Turnover

Turnover represents the revenue generated from the sale of goods and services. Revenue is measured at the fair value of the consideration received and receivable excluding value added tax.

Sales of goods are recognised when the company has delivered the products to the customer and the customer has accepted the products.

Revenue from services is recognised when services have been provided and the contractual right to the consideration has been earned. For incomplete contracts an assessment is made of the extent to which revenue has been earned.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation and any accumulated impairment losses

Depreciation is provided at following annual rates in order to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	18% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	18% Reducing Balance
Computer Equipment	18% Reducing Balance

2.4. Investment Properties

Investment properties are included in the Balance sheet at their fair value in accordance with the Financial Reporting Standard 102 and are not depreciated.

The fair value of the investment properties are considered annually by the director in the light of known movements and trends in the property market and taking account of the directors' knowledge and experience of the market place for such properties.

Any aggregate surplus or deficit arising on revaluation is recognised in the profit and loss account and allocated to a fair value reserve.

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Overstones Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Leasing and Hire Purchase Contracts

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 with a full charge on the year of acquisition.

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

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2.6. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income.

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 that have been enacted or substantively enacted by the balance sheet date.

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.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

The average number of employees, including directors, during the year was 5 (2024: 5)

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Overstones Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	232	69,624	7,490	3,595	80,941
Disposals	(232 )	-	(7,490 )	(2,506 )	(10,228 )

As at 31 March 2025	-	69,624	-	1,089	70,713

Depreciation
As at 1 April 2024	185	21,970	4,221	1,590	27,966
Provided during the period	-	11,914	-	135	12,049
Disposals	(185 )	-	(4,221 )	(1,249 )	(5,655 )

As at 31 March 2025	-	33,884	-	476	34,360

Net Book Value
As at 31 March 2025	-	35,740	-	613	36,353

As at 1 April 2024	47	47,654	3,269	2,005	52,975

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024 and 31 March 2025	93,200

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	93,200	-

In the opinion of the directors, the fair value of the investment properties was £93,200 as at 31 March 2025 (2024: £93,200).

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	2,100
Other debtors	979	-

	979	2,100

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Overstones Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	(1 )
Other creditors	4,318	8,184
Taxation and social security	6,708	11,385

	11,026	19,568

8. Provisions for Liabilities

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

10. Related Party Transactions

Mr B Wall, director, & Mrs R Wall, director, jointly own the company by virtue of their shareholdings.

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