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REGISTERED NUMBER: 00844217 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

LARKBEARE HOLDINGS LIMITED

LARKBEARE HOLDINGS LIMITED (REGISTERED NUMBER: 00844217)






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 4


LARKBEARE HOLDINGS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: Mrs J Strawbridge
Mrs C A Oakley





REGISTERED OFFICE: Manchester House
High Street
Stalbridge
Sturminster Newton
Dorset
DT10 2LL





REGISTERED NUMBER: 00844217 (England and Wales)





ACCOUNTANTS: Evans & Co
Manchester House
High Street
Stalbridge
Sturminster Newton
Dorset
DT10 2LL

LARKBEARE HOLDINGS LIMITED (REGISTERED NUMBER: 00844217)

ABRIDGED BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 172,294 174,168
Investments 6 30 30
Investment property 7 584,000 500,000
756,324 674,198

CURRENT ASSETS
Stocks 26,295 26,730
Debtors 66,576 16,938
Cash at bank 10,166 68,960
103,037 112,628
CREDITORS
Amounts falling due within one year 21,892 5,791
NET CURRENT ASSETS 81,145 106,837
TOTAL ASSETS LESS CURRENT
LIABILITIES

837,469

781,035

PROVISIONS FOR LIABILITIES 51,000 -
NET ASSETS 786,469 781,035

CAPITAL AND RESERVES
Called up share capital 35,300 35,300
Fair value reserve 533,000 500,000
Retained earnings 218,169 245,735
SHAREHOLDERS' FUNDS 786,469 781,035

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 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.

LARKBEARE HOLDINGS LIMITED (REGISTERED NUMBER: 00844217)

ABRIDGED BALANCE SHEET - continued
31 March 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 March 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 23 December 2024 and were signed on its behalf by:




Mrs C A Oakley - Director



Mrs J Strawbridge - Director


LARKBEARE HOLDINGS LIMITED (REGISTERED NUMBER: 00844217)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Larkbeare Holdings 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 as modified by the revaluation of certain assets.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

BPS Entitlements are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - 4% on cost
Plant and machinery - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in 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.

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.

LARKBEARE HOLDINGS LIMITED (REGISTERED NUMBER: 00844217)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 1,274
AMORTISATION
At 1 April 2023
and 31 March 2024 1,274
NET BOOK VALUE

At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 357,361
Additions 5,650
Disposals (6,589 )
At 31 March 2024 356,422
DEPRECIATION
At 1 April 2023 183,193
Charge for year 7,309
Eliminated on disposal (6,374 )
At 31 March 2024 184,128
NET BOOK VALUE
At 31 March 2024 172,294
At 31 March 2023 174,168

LARKBEARE HOLDINGS LIMITED (REGISTERED NUMBER: 00844217)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 April 2023
and 31 March 2024 30
NET BOOK VALUE
At 31 March 2024 30
At 31 March 2023 30

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 500,000
Additions 84,000
At 31 March 2024 584,000
NET BOOK VALUE
At 31 March 2024 584,000
At 31 March 2023 500,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2022 500,000
Valuation in 2024 84,000
584,000

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Mrs C A Oakley
Balance outstanding at start of year 9,244 (259 )
Amounts repaid 35,174 (9,503 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 44,418 9,244