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REGISTERED NUMBER: 11951727 (England and Wales)












DOCKER PARK FARM KIRKBY LONSDALE LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






DOCKER PARK FARM KIRKBY LONSDALE LTD (REGISTERED NUMBER: 11951727)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


DOCKER PARK FARM KIRKBY LONSDALE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: W A Morphet
S Burke





SECRETARY: P Rossiter





REGISTERED OFFICE: South Lakeland House
Yealand Redmayne
Carnforth
Lancashire
LA5 9RN





REGISTERED NUMBER: 11951727 (England and Wales)





ACCOUNTANTS: Rushtons
Chartered Accountants
Shorrock House
1 Faraday Court
Fulwood
Preston
Lancashire
PR2 9NB

DOCKER PARK FARM KIRKBY LONSDALE LTD (REGISTERED NUMBER: 11951727)

ABRIDGED BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 819,651 815,343

CURRENT ASSETS
Stocks 114,842 130,216
Debtors 863 396
Cash at bank and in hand 108,350 118,297
224,055 248,909
CREDITORS
Amounts falling due within one year 854,545 909,314
NET CURRENT LIABILITIES (630,490 ) (660,405 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

189,161

154,938

PROVISIONS FOR LIABILITIES 9,479 9,479
NET ASSETS 179,682 145,459

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 102,630 102,630
Retained earnings 77,051 42,828
179,682 145,459

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.

DOCKER PARK FARM KIRKBY LONSDALE LTD (REGISTERED NUMBER: 11951727)

ABRIDGED 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.

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

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 31 July 2024 and were signed on its behalf by:





W A Morphet - Director


DOCKER PARK FARM KIRKBY LONSDALE LTD (REGISTERED NUMBER: 11951727)

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

1. STATUTORY INFORMATION

Docker Park Farm Kirkby Lonsdale Ltd 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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 2% on cost
Plant and machinery etc - 25% on cost

Land is not depreciated.

The gain or loss arising on the disposal of an asset is determined as the difference between sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

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

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

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.


DOCKER PARK FARM KIRKBY LONSDALE LTD (REGISTERED NUMBER: 11951727)

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.

DOCKER PARK FARM KIRKBY LONSDALE LTD (REGISTERED NUMBER: 11951727)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include trade debtors, other debtors, amounts owed by group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including trade creditors, other creditors and amounts due to fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

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

DOCKER PARK FARM KIRKBY LONSDALE LTD (REGISTERED NUMBER: 11951727)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1 February 2023 819,409
Additions 13,490
At 31 January 2024 832,899
DEPRECIATION
At 1 February 2023 4,066
Charge for year 9,182
At 31 January 2024 13,248
NET BOOK VALUE
At 31 January 2024 819,651
At 31 January 2023 815,343

Cost or valuation at 31 January 2024 is represented by:

Totals
£   
Valuation in 2023 105,325
Cost 727,574
832,899

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 644,747 644,747
Aggregate depreciation 127 95

Freehold land and buildings were valued on an open market basis on 31 May 2022 by Sanderson Weatherall .

DOCKER PARK FARM KIRKBY LONSDALE LTD (REGISTERED NUMBER: 11951727)

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

5. RELATED PARTY DISCLOSURES

As at 31 May 2022 the company exited the Pure Leisure Group. At the year end 31 January 2024 the following amounts were owed to/by Pure Leisure Group related parties:


Creditors
31 January
2024
31 January
2023
£    £
Pure Leisure Group Limited 114,721 6,274
Pure Leisure Estates Limited - 44,525
J Morphet 639,635 639,635

Purchases from related parties:

Pure Leisure Group Limited 60,840 6,274


6. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.