IRIS Accounts Production v24.2.0.383 04489262 director 1.8.23 31.7.24 31.7.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044892622023-07-31044892622024-07-31044892622023-08-012024-07-31044892622022-07-31044892622022-08-012023-07-31044892622023-07-3104489262ns15:EnglandWales2023-08-012024-07-3104489262ns14:PoundSterling2023-08-012024-07-3104489262ns10:Director12023-08-012024-07-3104489262ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3104489262ns10:SmallEntities2023-08-012024-07-3104489262ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3104489262ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3104489262ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3104489262ns10:FullAccounts2023-08-012024-07-310448926212023-08-012024-07-3104489262ns10:CompanySecretary12023-08-012024-07-3104489262ns10:RegisteredOffice2023-08-012024-07-3104489262ns5:CurrentFinancialInstruments2024-07-3104489262ns5:CurrentFinancialInstruments2023-07-3104489262ns5:ShareCapital2024-07-3104489262ns5:ShareCapital2023-07-3104489262ns5:RetainedEarningsAccumulatedLosses2024-07-3104489262ns5:RetainedEarningsAccumulatedLosses2023-07-3104489262ns5:NetGoodwill2023-08-012024-07-3104489262ns5:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3104489262ns5:FurnitureFittings2023-08-012024-07-3104489262ns5:MotorVehicles2023-08-012024-07-3104489262ns5:ComputerEquipment2023-08-012024-07-3104489262ns5:NetGoodwill2023-07-3104489262ns5:NetGoodwill2024-07-3104489262ns5:NetGoodwill2023-07-3104489262ns5:FurnitureFittings2023-07-3104489262ns5:MotorVehicles2023-07-3104489262ns5:ComputerEquipment2023-07-3104489262ns5:FurnitureFittings2024-07-3104489262ns5:MotorVehicles2024-07-3104489262ns5:ComputerEquipment2024-07-3104489262ns5:FurnitureFittings2023-07-3104489262ns5:MotorVehicles2023-07-3104489262ns5:ComputerEquipment2023-07-3104489262ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3104489262ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31
REGISTERED NUMBER: 04489262 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Bridle Stile Farm Limited

Bridle Stile Farm Limited (Registered number: 04489262)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bridle Stile Farm Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: M Ormondroyd





SECRETARY: Mrs L Ormondroyd





REGISTERED OFFICE: Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS





REGISTERED NUMBER: 04489262 (England and Wales)





ACCOUNTANTS: Horley Green Chartered Accountants
Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS

Bridle Stile Farm Limited (Registered number: 04489262)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,159 5,353
4,159 5,353

CURRENT ASSETS
Stocks 15,160 20,800
Debtors 6 407 386
Cash at bank 1,949 2,185
17,516 23,371
CREDITORS
Amounts falling due within one year 7 33,970 34,722
NET CURRENT LIABILITIES (16,454 ) (11,351 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(12,295

)

(5,998

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (12,296 ) (5,999 )
SHAREHOLDERS' FUNDS (12,295 ) (5,998 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 4 October 2024 and were signed by:





M Ormondroyd - Director


Bridle Stile Farm Limited (Registered number: 04489262)

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


1. STATUTORY INFORMATION

Bridle Stile Farm 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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty 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.
Equipment - 15% on reducing balance
Motor Vehicle - 25% on reducing balance
Computer Equipment - 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Bridle Stile Farm Limited (Registered number: 04489262)

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


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 14,000
AMORTISATION
At 1 August 2023
and 31 July 2024 14,000
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

5. TANGIBLE FIXED ASSETS
Motor Computer
Equipment Vehicle Equipment Totals
£    £    £    £   
COST
At 1 August 2023
and 31 July 2024 10,866 16,500 716 28,082
DEPRECIATION
At 1 August 2023 9,429 12,584 716 22,729
Charge for year 215 979 - 1,194
At 31 July 2024 9,644 13,563 716 23,923
NET BOOK VALUE
At 31 July 2024 1,222 2,937 - 4,159
At 31 July 2023 1,437 3,916 - 5,353

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
VAT 167 193
Prepayments 240 193
407 386

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 107 926
Directors' loan accounts 33,463 33,396
Accrued expenses 400 400
33,970 34,722

Bridle Stile Farm Limited (Registered number: 04489262)

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


8. RELATED PARTY DISCLOSURES

The company is controlled by M Ormonroyd.