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Company Registration No. 4511264 (England and Wales)
THE SANDFORD GATE MILK COMPANY LTD Unaudited accounts for the year ended 31 March 2023
THE SANDFORD GATE MILK COMPANY LTD Unaudited accounts Contents
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THE SANDFORD GATE MILK COMPANY LTD Company Information for the year ended 31 March 2023
Directors
D G Munday D J Munday J C Munday
Secretary
D J Munday
Company Number
4511264 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS HIGH STREET CREDITON DEVON EX17 3AU UK
Accountants
H W Martin & Co LLP Lloyds Bank Chambers High Street Crediton Devon EX17 3AH
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THE SANDFORD GATE MILK COMPANY LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
75,439 
69,880 
Investments
688,823 
595,154 
764,262 
665,034 
Current assets
Inventories
9,400 
2,724 
Debtors
345 
71,893 
Cash at bank and in hand
48,855 
25,628 
58,600 
100,245 
Creditors: amounts falling due within one year
(62,870)
(67,809)
Net current (liabilities)/assets
(4,270)
32,436 
Net assets
759,992 
697,470 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
759,990 
697,468 
Shareholders' funds
759,992 
697,470 
For the year ending 31 March 2023 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2023 and were signed on its behalf by
D G Munday Director Company Registration No. 4511264
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THE SANDFORD GATE MILK COMPANY LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
THE SANDFORD GATE MILK COMPANY LTD is a private company, limited by shares, registered in England and Wales, registration number 4511264. The registered office is LLOYDS BANK CHAMBERS, HIGH STREET, CREDITON, DEVON, EX17 3AU, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance basis
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
88,986 
Additions
18,501 
At 31 March 2023
107,487 
Depreciation
At 1 April 2022
19,106 
Charge for the year
12,942 
At 31 March 2023
32,048 
Net book value
At 31 March 2023
75,439 
At 31 March 2022
69,880 
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THE SANDFORD GATE MILK COMPANY LTD Notes to the Accounts for the year ended 31 March 2023
5
Investments
Other investments 
£ 
Valuation at 1 April 2022
595,154 
Additions
22,400 
Disposals
71,269 
Valuation at 31 March 2023
688,823 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
345 
- 
Trade debtors
- 
624 
Other debtors
- 
71,269 
345 
71,893 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
165 
Taxes and social security
13,472 
15,848 
Other creditors
4,458 
6,856 
Loans from directors
44,940 
44,940 
62,870 
67,809 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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