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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 2024
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 2024
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 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
64,136 
75,439 
Investments
791,223 
688,823 
855,359 
764,262 
Current assets
Inventories
13,000 
9,400 
Debtors
1,786 
345 
Cash at bank and in hand
17,095 
48,855 
31,881 
58,600 
Creditors: amounts falling due within one year
(71,684)
(62,870)
Net current liabilities
(39,803)
(4,270)
Net assets
815,556 
759,992 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
815,554 
759,990 
Shareholders' funds
815,556 
759,992 
For the year ending 31 March 2024 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 11 October 2024 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 2024
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 2023
107,487 
At 31 March 2024
107,487 
Depreciation
At 1 April 2023
32,048 
Charge for the year
11,303 
At 31 March 2024
43,351 
Net book value
At 31 March 2024
64,136 
At 31 March 2023
75,439 
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THE SANDFORD GATE MILK COMPANY LTD Notes to the Accounts for the year ended 31 March 2024
5
Investments
Other investments 
£ 
Valuation at 1 April 2023
688,823 
Additions
22,400 
Disposals
80,000 
Valuation at 31 March 2024
791,223 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,618 
345 
Trade debtors
168 
- 
1,786 
345 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
20,088 
13,472 
Other creditors
3,656 
4,458 
Loans from directors
47,940 
44,940 
71,684 
62,870 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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