true
Stone Enterprises Limited
00729860
2016-10-31
312088
316138
724835
733069
47668
47668
365079
369263
724835
733069
3010
2168
5481
7817
733326
743054
10254
26608
186667
118995
196921
145603
18718
12153
43776
40354
134427
93096
723072
716446
713072
716446
10000
0
Basis of accounting
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
The turnover shown in the profit and loss account represents goods and services provided during the year, exclusive of Value Added Tax.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Hire purchase agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed
assets at their fair value. The capital element of the future payments is treated as a liability and
the interest is charged to the profit and loss account on a straight line basis.
Pension costs
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.
Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose of the assets concerned.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities.
Land & Buildings
straight line over 50 years (land not depreciated)
0.0000
Plant & Machinery
Reducing balance
0.1500
Fixtures & Fittings
Reducing balance
0.1500
Motor Vehicles
Reducing balance
0.2500
Equipment
Straight line
0.3300
882647
873783
8864
169575
157337
12238
10000
0
10000
The company owns 100% of the issued share capital of Stone Carpets (Sussex) Limited, which was incorporated on 10 April 2016.
Aggregate capital and reserves £10,000 and
profit and (loss) for the year £nil
892647
873783
18864
169575
157337
12238
The company owns 100% of the issued share capital of Stone Carpets (Sussex) Limited, which was incorporated on 10 April 2016.
Aggregate capital and reserves £10,000 and
profit and (loss) for the year £nil
5481
7817
Ordinary A
1
24311
24311
24311
Ordinary B
1
11440
11440
11440
Ordinary C
1
11917
11917
11917
Creditors: amounts falling due within one year
Secured Debts are £2,336 (2015: £2,227).
2017-01-31
E L Stone
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Stone Enterprises Limited
2015-11-01
2016-10-31
Stone Enterprises Limited
2014-11-01
2015-10-31
Stone Enterprises Limited
2014-10-31
Stone Enterprises Limited
2015-10-31
Stone Enterprises Limited
2015-10-31
Stone Enterprises Limited
2016-10-31
2017-02-03