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REGISTERED NUMBER: 04767707 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

VERSTONE GUNDOGS LIMITED

VERSTONE GUNDOGS LIMITED (REGISTERED NUMBER: 04767707)






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 3


VERSTONE GUNDOGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr D Summers





SECRETARY: Mr R J Summers





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





REGISTERED NUMBER: 04767707 (England and Wales)






VERSTONE GUNDOGS LIMITED (REGISTERED NUMBER: 04767707)

ABRIDGED BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,792 31,685

CURRENT ASSETS
Stocks 7,160 6,990
Debtors 322 -
7,482 6,990
CREDITORS
Amounts falling due within one year 77,592 55,686
NET CURRENT LIABILITIES (70,110 ) (48,696 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(39,318

)

(17,011

)

CAPITAL AND RESERVES
Called up share capital 5 2 2
Retained earnings (39,320 ) (17,013 )
SHAREHOLDERS' FUNDS (39,318 ) (17,011 )

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 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.

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 director and authorised for issue on 30 August 2024 and were signed by:





Mr D Summers - Director


VERSTONE GUNDOGS LIMITED (REGISTERED NUMBER: 04767707)

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

1. STATUTORY INFORMATION

Verstone Gundogs 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.

The financial statements have been prepared on the going concern basis the director having agreed to continue to support the company.

Turnover
Turnover represents net invoiced sales of goods and services, excluding VAT.

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 - 2% on cost
Plant and machinery - 20% on cost
Computer equipment - 33% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 134,899
DEPRECIATION
At 1 April 2023 103,214
Charge for year 893
At 31 March 2024 104,107
NET BOOK VALUE
At 31 March 2024 30,792
At 31 March 2023 31,685


VERSTONE GUNDOGS LIMITED (REGISTERED NUMBER: 04767707)

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

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
2 Ordinary £1 2 2

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31st March 2024 Mr D Summers, a director of the company, had on an unsecured basis advanced £75,643 to the company.

(Prior year £53,117)

During the financial year the company was charged £8,500 (2023:£6,250) interest on the loan which is unsecured and repayable on demand.

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr D Summers.