Company Registration No. 10123265 (England and Wales)
Yorkshire Rural Living Limited
Unaudited accounts
for the year ended 30 April 2024
Yorkshire Rural Living Limited
Unaudited accounts
Contents
Yorkshire Rural Living Limited
Company Information
for the year ended 30 April 2024
Directors
Mr A Cowley
Mrs E Cowley
Company Number
10123265 (England and Wales)
Registered Office
NUTWOOD
LOW DALBY
PICKERING
YO18 7LT
ENGLAND
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors
Crown House, York Road
Shiptonthorpe
York
East Yorkshire
YO43 3PF
Yorkshire Rural Living Limited
Statement of financial position
as at 30 April 2024
Tangible assets
2,098
2,622
Investment property
125,000
-
Inventories
295,500
222,438
Cash at bank and in hand
381,172
407,054
Creditors: amounts falling due within one year
(632,002)
(439,840)
Net current assets
51,298
193,970
Total assets less current liabilities
178,396
196,592
Creditors: amounts falling due after more than one year
(13,402)
(23,402)
Net assets
164,994
173,190
Called up share capital
150
150
Profit and loss account
164,844
173,040
Shareholders' funds
164,994
173,190
For the year ending 30 April 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 28 August 2024 and were signed on its behalf by
Mr A Cowley
Director
Company Registration No. 10123265
Yorkshire Rural Living Limited
Notes to the Accounts
for the year ended 30 April 2024
Yorkshire Rural Living Limited is a private company, limited by shares, registered in England and Wales, registration number 10123265. The registered office is NUTWOOD, LOW DALBY, PICKERING, YO18 7LT, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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% on a reducing balance
Yorkshire Rural Living Limited
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery
The investment property relates to woodland purchased by the company. The value used at the balance sheet date equates to the cost. The directors believe that this value is a fair value.
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Trade creditors
125
40,858
Loans from directors
620,997
388,172
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).