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REGISTERED NUMBER: 06184074 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Cumberlow Compost Services Limited

Cumberlow Compost Services Limited (Registered number: 06184074)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cumberlow Compost Services Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: J E D Hodge
Mrs A N Hodge





SECRETARY: Mrs V A Hodge





REGISTERED OFFICE: Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN





REGISTERED NUMBER: 06184074 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

Cumberlow Compost Services Limited (Registered number: 06184074)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 781,334 754,900

CURRENT ASSETS
Stocks 5,140 5,140
Debtors 5 435,480 730,539
Cash at bank 513,831 3
954,451 735,682
CREDITORS
Amounts falling due within one year 6 507,682 501,586
NET CURRENT ASSETS 446,769 234,096
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,228,103

988,996

CREDITORS
Amounts falling due after more than one
year

7

(512,453

)

(402,757

)

PROVISIONS FOR LIABILITIES (188,218 ) (180,047 )
NET ASSETS 527,432 406,192

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 527,332 406,092
SHAREHOLDERS' FUNDS 527,432 406,192

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Cumberlow Compost Services Limited (Registered number: 06184074)

Balance Sheet - continued
31 October 2024


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 Board of Directors and authorised for issue on 19 December 2024 and were signed on its behalf by:




J E D Hodge - Director



Mrs A N Hodge - Director


Cumberlow Compost Services Limited (Registered number: 06184074)

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

1. STATUTORY INFORMATION

Cumberlow Compost Services 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 net invoiced sales for the provision of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

Cumberlow Compost Services Limited (Registered number: 06184074)

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

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 November 2023 81,886 2,855,869 33,595 78,665 3,050,015
Additions - 234,000 3,612 - 237,612
At 31 October 2024 81,886 3,089,869 37,207 78,665 3,287,627
DEPRECIATION
At 1 November 2023 37,395 2,219,866 15,552 22,302 2,295,115
Charge for year 3,275 189,581 4,232 14,090 211,178
At 31 October 2024 40,670 2,409,447 19,784 36,392 2,506,293
NET BOOK VALUE
At 31 October 2024 41,216 680,422 17,423 42,273 781,334
At 31 October 2023 44,491 636,003 18,043 56,363 754,900

The net value of assets held under hire purchase contracts at 31 October 2024 is £484,226 (2023: £451,949).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 345,837 687,793
Other debtors 27,804 2,110
Prepayments and accrued income 61,839 40,636
435,480 730,539

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts - 90,074
Loan 102,458 59,059
Hire purchase contracts 132,924 103,260
Trade creditors 33,981 41,153
Tax 97,994 120,459
Social security and other taxes 79,550 82,601
Other creditors 38,095 -
Directors' loan accounts 18,680 980
Accrued expenses 4,000 4,000
507,682 501,586

Cumberlow Compost Services Limited (Registered number: 06184074)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Loan 156,895 82,158
Hire purchase contracts 351,301 290,599
Henry Robert Hodge Disc. Trust 4,257 30,000
512,453 402,757

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
100 Ordinary £1 100 100