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REGISTERED NUMBER: 09267067 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

AMBLESIDE HOMES LIMITED

AMBLESIDE HOMES LIMITED (REGISTERED NUMBER: 09267067)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AMBLESIDE HOMES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mr P Mandefield
Mrs K M Mandefield





REGISTERED OFFICE: Cottage Farm
Easingwold
York
YO61 3DS





REGISTERED NUMBER: 09267067 (England and Wales)





ACCOUNTANTS: Fortus North Limited
Equinox House
Clifton Park, Shipton Road
York
Yorkshire
YO30 5PA

AMBLESIDE HOMES LIMITED (REGISTERED NUMBER: 09267067)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,022 30,449

CURRENT ASSETS
Stocks 970,644 237,928
Debtors 5 448,503 519,873
Cash at bank 81,688 619,288
1,500,835 1,377,089
CREDITORS
Amounts falling due within one year 6 728,821 559,124
NET CURRENT ASSETS 772,014 817,965
TOTAL ASSETS LESS CURRENT LIABILITIES 795,036 848,414

CREDITORS
Amounts falling due after more than
one year

7

(21,667

)

(30,457

)

PROVISIONS FOR LIABILITIES (4,374 ) (5,786 )
NET ASSETS 768,995 812,171

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 768,795 811,971
SHAREHOLDERS' FUNDS 768,995 812,171

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

AMBLESIDE HOMES LIMITED (REGISTERED NUMBER: 09267067)

BALANCE SHEET - continued
31 MARCH 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2023 and were signed on its behalf by:





Mr P Mandefield - Director


AMBLESIDE HOMES LIMITED (REGISTERED NUMBER: 09267067)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Ambleside Homes 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.

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.

These financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 15% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

AMBLESIDE HOMES LIMITED (REGISTERED NUMBER: 09267067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


2. ACCOUNTING POLICIES - continued

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.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Cash at bank and in hand
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown with borrowings in current liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2022 55,805 9,259 8,600 73,664
Additions - 1,207 - 1,207
Disposals - (2,173 ) - (2,173 )
At 31 March 2023 55,805 8,293 8,600 72,698
DEPRECIATION
At 1 April 2022 33,305 5,235 4,675 43,215
Charge for year 5,625 1,170 1,290 8,085
Eliminated on disposal - (1,624 ) - (1,624 )
At 31 March 2023 38,930 4,781 5,965 49,676
NET BOOK VALUE
At 31 March 2023 16,875 3,512 2,635 23,022
At 31 March 2022 22,500 4,024 3,925 30,449

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 9,378
Other debtors 448,503 510,495
448,503 519,873

AMBLESIDE HOMES LIMITED (REGISTERED NUMBER: 09267067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 11,210
Trade creditors 41,252 72,217
Taxation and social security 34,459 46,610
Other creditors 643,110 429,087
728,821 559,124

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 21,667 30,457

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in 'Other Creditors' as at 31 March 2023 is £38,910 (2022 : £370,811) owed to the directors of the company. Interest was paid in the year on the average balance at a market interest rate.

9. RELATED PARTY DISCLOSURES

Included in 'Other creditors' are loans of £32,000 (2022 - £40,000) from shareholders who are close family members of the directors. These loans are repayable on demand.