2024-01-01 08032923 2024-12-31 08032923 2024-01-01 2024-12-31 08032923 2023-12-31 08032923 2023-01-01 2023-12-31 08032923 uk-core:WithinOneYear 2023-12-31 08032923 uk-core:WithinOneYear 2024-12-31 08032923 uk-core:AfterOneYear 2023-12-31 08032923 uk-core:AfterOneYear 2024-12-31 08032923 uk-core:ShareCapital 2024-12-31 08032923 uk-core:ShareCapital 2023-12-31 08032923 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 08032923 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 08032923 uk-bus:Director1 2024-01-01 2024-12-31 08032923 uk-bus:Director2 2024-01-01 2024-12-31 08032923 uk-core:NetGoodwill 2024-01-01 2024-12-31 08032923 uk-core:PlantMachinery 2024-01-01 2024-12-31 08032923 uk-core:ComputerEquipment 2024-01-01 2024-12-31 08032923 uk-core:CommercialMotorVehicles 2024-01-01 2024-12-31 08032923 uk-core:FurnitureFittings 2024-01-01 2024-12-31 08032923 uk-core:Goodwill 2023-12-31 08032923 uk-core:Goodwill 2024-01-01 2024-12-31 08032923 uk-core:Goodwill 2024-12-31 08032923 uk-core:ComputerEquipment 2023-12-31 08032923 uk-core:FurnitureFittings 2023-12-31 08032923 uk-core:CommercialMotorVehicles 2023-12-31 08032923 uk-core:PlantMachinery 2023-12-31 08032923 uk-core:CommercialMotorVehicles 2024-12-31 08032923 uk-core:FurnitureFittings 2024-12-31 08032923 uk-core:ComputerEquipment 2024-12-31 08032923 uk-core:PlantMachinery 2024-12-31 08032923 uk-core:WithinOneYear uk-core:Secured 2024-12-31 08032923 uk-core:WithinOneYear uk-core:Secured 2023-12-31 08032923 uk-core:WithinOneYear 2024-12-31 08032923 uk-core:WithinOneYear 2023-12-31 08032923 2 uk-bus:Director1 2024-01-01 2024-12-31 08032923 2 uk-bus:Director1 2024-12-31 08032923 2 uk-bus:Director1 2023-12-31 iso4217:GBP xbrli:pure 08032923 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 08032923 uk-bus:FRS102 2024-01-01 2024-12-31 08032923 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 08032923 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Middletons Dairy Limited
Registered Number:08032923
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
Middletons Dairy Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
08032923
As at 31 December 2024
Middletons Dairy Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
13,812
11,829
2
Property, plant and equipment
108,509
130,229
3
122,321
142,058
Current assets
Inventories
6,404
6,882
4
Trade and other receivables
229,104
215,015
5
20,510
Cash and cash equivalents
28,861
250,758
256,018
Trade and other payables: amounts falling due within one
year
(243,230)
(231,228)
6
12,788
19,530
Net current assets
Total assets less current liabilities
141,851
154,846
Trade and other payables: amounts falling due after more
than one year
(30,692)
(12,555)
7
(26,042)
(24,744)
Provisions for liabilities
103,254
Net assets
99,410
Capital and reserves
Called up share capital
20
20
Retained earnings
103,234
99,390
103,254
99,410
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
08032923
For the year ended 31 December 2024
Middletons Dairy Limited
Statement of Financial Position Continued
Mr T J Benson Director
Mrs H A Benson Director
These financial statements were approved and authorised for issue by the Board on 16 April 2025 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 December 2024
Middletons Dairy Limited
Notes to the Financial Statements
Statutory Information
Middletons Dairy Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08032923.
Registered address:
Riverside Herb Centre
Main Road Hathersage
Hope Valley
S32 1EG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of 10 years.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
20% Straight line
Computer Equipment
10% Reducing balance
Motor Vehicles
25% Reducing balance
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Pension costs and other post-retirement benefits
The company operates an auto enrolment pension scheme with Peoples Pensionfor the benefit of its employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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6
For the year ended 31 December 2024
Middletons Dairy Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 January 2024
215,680
Additions
5,500
At 31 December 2024
221,180
Amortisation
At 01 January 2024
203,851
3,517
Charge for year
At 31 December 2024
207,368
Net book value
At 31 December 2024
13,812
At 31 December 2023
11,829
3. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor
Vehicles
Plant and
Machinery
£
£
£
£
£
Cost or
valuation
At 01 January 2024
221,879
36,863
14,533
160,359
10,124
2,000
-
-
2,000
-
Additions
-
-
(9,545)
-
Disposals
(9,545)
At 31 December 2024
152,814
14,533
36,863
214,334
10,124
Provision for depreciation and impairment
At 01 January 2024
91,650
33,193
11,819
41,976
4,662
Charge for year
16,839
3,443
679
11,351
1,366
(2,664)
-
-
(2,664)
-
On disposal
At 31 December 2024
105,825
36,636
12,498
50,663
6,028
At 31 December 2024
Net book value
4,096
102,151
2,035
227
108,509
At 31 December 2023
5,462
118,383
2,714
3,670
130,229
4. Inventories
2023
2024
£
£
Stocks
6,882
6,404
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For the year ended 31 December 2024
Middletons Dairy Limited
Notes to the Financial Statements Continued
5. Trade and other receivables
2023
2024
£
£
Trade debtors
171,345
186,331
Other debtors
43,670
42,773
229,104
215,015
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
17,504
21,362
Bank loans and overdraft
14,710
-
Trade creditors
136,003
172,592
Taxation and social security
51,891
41,405
Other creditors
11,120
7,871
231,228
243,230
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
12,555
30,692
8. Directors advances and guarantees
At 01/01/2024
At 31/12/2024
£
£
Mr T J Benson
Directors current account
-
(561)
-
(561)
9. Average number of persons employed
During the year the average number of employees was 25 (2023 : 26)
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