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REGISTERED NUMBER: 10490632 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

OLD FARMHOUSE ULVERSTON LIMITED

OLD FARMHOUSE ULVERSTON LIMITED (REGISTERED NUMBER: 10490632)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


OLD FARMHOUSE ULVERSTON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Ms A Kirkby
Ms R Hannigan



REGISTERED OFFICE: The Tower
Daltongate Business Centre
Daltongate
Ulverston
Cumbria
LA12 7AJ



REGISTERED NUMBER: 10490632 (England and Wales)



BANKERS: National Westminster Bank plc
10 Elephants Yard
Kendal
Cumbria
LA9 4LZ

OLD FARMHOUSE ULVERSTON LIMITED (REGISTERED NUMBER: 10490632)

ABRIDGED BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 31,500 42,000
Tangible assets 5 13,505 20,687
45,005 62,687

CURRENT ASSETS
Stocks 10,000 10,000
Debtors 32,252 11,264
Cash at bank and in hand 104,117 81,648
146,369 102,912
CREDITORS
Amounts falling due within one year 110,797 92,177
NET CURRENT ASSETS 35,572 10,735
TOTAL ASSETS LESS CURRENT
LIABILITIES

80,577

73,422

CREDITORS
Amounts falling due after more than one
year

79,000

50,000
NET ASSETS 1,577 23,422

CAPITAL AND RESERVES
Called up share capital 6 101 101
Retained earnings 1,476 23,321
SHAREHOLDERS' FUNDS 1,577 23,422

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

OLD FARMHOUSE ULVERSTON LIMITED (REGISTERED NUMBER: 10490632)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by:





Ms A Kirkby - Director


OLD FARMHOUSE ULVERSTON LIMITED (REGISTERED NUMBER: 10490632)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Old Farmhouse Ulverston 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.

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


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 represents net invoiced sales of goods, excluding VAT.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost and 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 15 (2023 - 16 ) .

OLD FARMHOUSE ULVERSTON LIMITED (REGISTERED NUMBER: 10490632)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 105,000
AMORTISATION
At 1 April 2023 63,000
Amortisation for year 10,500
At 31 March 2024 73,500
NET BOOK VALUE

At 31 March 2024 31,500
At 31 March 2023 42,000

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 98,689
Additions 1,962
At 31 March 2024 100,651
DEPRECIATION
At 1 April 2023 78,002
Charge for year 9,144
At 31 March 2024 87,146
NET BOOK VALUE
At 31 March 2024 13,505
At 31 March 2023 20,687

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100
1 A Dividend £1 1 1
101 101

7. ULTIMATE CONTROLLING PARTY

The controlling party is Ms A Kirkby.