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REGISTERED NUMBER: 08737954 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Lake Pochard Management Limited

Lake Pochard Management Limited (Registered number: 08737954)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lake Pochard Management Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: S Hobden
G B Lake





REGISTERED OFFICE: Lake 15 Cotswold Water Park
Wickwater Lane
South Cerney
Cirencester
GL7 5RL





REGISTERED NUMBER: 08737954 (England and Wales)





ACCOUNTANTS: Obsidian Accountancy Limited
Suite 9 Corum Two
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ

Lake Pochard Management Limited (Registered number: 08737954)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 163,164 173,321
163,164 173,321

CURRENT ASSETS
Stocks 193,088 194,578
Debtors 6 196,017 199,259
Cash at bank 70,862 75,818
459,967 469,655
CREDITORS
Amounts falling due within one year 7 41,138 63,926
NET CURRENT ASSETS 418,829 405,729
TOTAL ASSETS LESS CURRENT
LIABILITIES

581,993

579,050

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 63,550 63,550
Retained earnings 518,343 515,400
581,993 579,050

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

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

Lake Pochard Management Limited (Registered number: 08737954)

Balance Sheet - continued
31 January 2024


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 2 October 2024 and were signed on its behalf by:





G B Lake - Director


Lake Pochard Management Limited (Registered number: 08737954)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Lake Pochard Management 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five 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.
Land and buildings - 4% on cost
Plant and machinery etc - 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.

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.


Lake Pochard Management Limited (Registered number: 08737954)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued
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 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 20,000
AMORTISATION
At 1 February 2023
and 31 January 2024 20,000
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 -

Lake Pochard Management Limited (Registered number: 08737954)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 223,230 62,102 285,332
DEPRECIATION
At 1 February 2023 65,259 46,752 112,011
Charge for year 6,318 3,839 10,157
At 31 January 2024 71,577 50,591 122,168
NET BOOK VALUE
At 31 January 2024 151,653 11,511 163,164
At 31 January 2023 157,971 15,350 173,321

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 4,821 9,322
Amounts owed by group undertakings 187,833 187,833
Other debtors 3,363 2,104
196,017 199,259

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 3,313 14,948
Taxation and social security 8,453 5,430
Other creditors 29,372 43,548
41,138 63,926

8. RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of Lake Pochard Limited. At 31 January 2024 the company was owed by the holding company £187,833.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Lake Pochard Limited.