IRIS Accounts Production v23.2.0.158 05077271 Board of Directors Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh050772712022-03-31050772712023-03-31050772712022-04-012023-03-31050772712021-03-31050772712021-04-012022-03-31050772712022-03-3105077271ns10:Originalns15:EnglandWales2022-04-012023-03-3105077271ns14:PoundSterlingns10:Original2022-04-012023-03-3105077271ns10:Originalns10:Director12022-04-012023-03-3105077271ns10:Original2022-04-012023-03-3105077271ns10:Originalns10:Director22022-04-012023-03-3105077271ns10:Original2023-03-3105077271ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3105077271ns10:Originalns10:SmallEntities2022-04-012023-03-3105077271ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3105077271ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3105077271ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3105077271ns10:Originalns10:FullAccounts2022-04-012023-03-3105077271ns10:Originalns10:Director32022-04-012023-03-3105077271ns10:CompanySecretary1ns10:Original2022-04-012023-03-3105077271ns10:Originalns10:RegisteredOffice2022-04-012023-03-3105077271ns10:Original2022-03-3105077271ns10:Originalns5:CurrentFinancialInstruments2023-03-3105077271ns10:Originalns5:CurrentFinancialInstruments2022-03-3105077271ns10:Originalns5:Non-currentFinancialInstruments2023-03-3105077271ns10:Originalns5:Non-currentFinancialInstruments2022-03-3105077271ns5:ShareCapitalns10:Original2023-03-3105077271ns5:ShareCapitalns10:Original2022-03-3105077271ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3105077271ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3105077271ns10:Originalns5:LandBuildings2022-04-012023-03-3105077271ns10:Originalns5:PlantMachinery2022-04-012023-03-3105077271ns10:Original2021-04-012022-03-3105077271ns10:Originalns5:LandBuildings2022-03-3105077271ns10:Originalns5:PlantMachinery2022-03-3105077271ns10:Original2022-03-3105077271ns10:Originalns5:LandBuildings2023-03-3105077271ns10:Originalns5:PlantMachinery2023-03-3105077271ns10:Originalns5:LandBuildings2022-03-3105077271ns10:Originalns5:PlantMachinery2022-03-3105077271ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3105077271ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 05077271 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31st March 2023

for

TRETHOWAN'S DAIRY LIMITED

TRETHOWAN'S DAIRY LIMITED (REGISTERED NUMBER: 05077271)






Contents of the Financial Statements
for the Year Ended 31st March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRETHOWAN'S DAIRY LIMITED

Company Information
for the Year Ended 31st March 2023







DIRECTORS: M T Trethowan
M O D Trethowan
J L Patrick





SECRETARY: M T Trethowan





REGISTERED OFFICE: The Dairy
Cowslip Lane
Hewish
Weston Super Mare
Avon
BS24 6AH





REGISTERED NUMBER: 05077271 (England and Wales)





ACCOUNTANTS: MastersFuller
Chartered Certified Accountants
38 Salisbury Road
Worthing
West Sussex
BN11 1RD

TRETHOWAN'S DAIRY LIMITED (REGISTERED NUMBER: 05077271)

Balance Sheet
31st March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 332,752 359,918

CURRENT ASSETS
Stocks 497,658 409,430
Debtors 5 109,107 114,570
Cash in hand 19 19
606,784 524,019
CREDITORS
Amounts falling due within one year 6 204,909 196,943
NET CURRENT ASSETS 401,875 327,076
TOTAL ASSETS LESS CURRENT
LIABILITIES

734,627

686,994

CREDITORS
Amounts falling due after more than one
year

7

(336,509

)

(424,129

)

PROVISIONS FOR LIABILITIES (60,200 ) (43,775 )
NET ASSETS 337,918 219,090

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 337,818 218,990
337,918 219,090

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

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

TRETHOWAN'S DAIRY LIMITED (REGISTERED NUMBER: 05077271)

Balance Sheet - continued
31st 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 26th October 2023 and were signed on its behalf by:




M O D Trethowan - Director



M T Trethowan - Director


TRETHOWAN'S DAIRY LIMITED (REGISTERED NUMBER: 05077271)

Notes to the Financial Statements
for the Year Ended 31st March 2023

1. STATUTORY INFORMATION

Trethowan's Dairy 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.

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.
Land and buildings - over the term of the lease
Plant and machinery etc - 10% on reducing balance

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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 14 (2022 - 14 ) .

TRETHOWAN'S DAIRY LIMITED (REGISTERED NUMBER: 05077271)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st April 2022 128,703 627,852 756,555
Additions - 6,949 6,949
At 31st March 2023 128,703 634,801 763,504
DEPRECIATION
At 1st April 2022 29,400 367,237 396,637
Charge for year 7,349 26,766 34,115
At 31st March 2023 36,749 394,003 430,752
NET BOOK VALUE
At 31st March 2023 91,954 240,798 332,752
At 31st March 2022 99,303 260,615 359,918

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 93,842 81,859
Other debtors 15,265 32,711
109,107 114,570

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans & overdrafts 62,927 32,769
Hire purchase contracts 4,638 4,680
Trade creditors 61,859 83,990
Taxation and social security 4,096 3,650
Other creditors 71,389 71,854
204,909 196,943

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 36,833 58,684
Hire purchase contracts - 1,440
Other creditors 299,676 364,005
336,509 424,129