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REGISTERED NUMBER: 05194502 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

LOG HOME VILLAGE UK LIMITED

LOG HOME VILLAGE UK LIMITED (REGISTERED NUMBER: 05194502)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


LOG HOME VILLAGE UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: Mr T Winder



SECRETARY: Mrs A S Winder



REGISTERED OFFICE: Log Cabin No 3
Newlands Farm
Newlands
Ulverston
Cumbria
LA12 7QQ



REGISTERED NUMBER: 05194502 (England and Wales)



BANKERS: National Westminster Bank plc
113 Dalton Road
Barrow in Furness
Cumbria
LA14 1WY

LOG HOME VILLAGE UK LIMITED (REGISTERED NUMBER: 05194502)

ABRIDGED BALANCE SHEET
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 166,007 171,567

CURRENT ASSETS
Debtors 6,803 6,629

CREDITORS
Amounts falling due within one year 83,829 67,499
NET CURRENT LIABILITIES (77,026 ) (60,870 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,981

110,697

CREDITORS
Amounts falling due after more than one
year

5

10,607

42,878
NET ASSETS 78,374 67,819

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 78,372 67,817
SHAREHOLDERS' FUNDS 78,374 67,819

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

LOG HOME VILLAGE UK LIMITED (REGISTERED NUMBER: 05194502)

ABRIDGED BALANCE SHEET - continued
31 AUGUST 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 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 May 2025 and were signed by:





Mr T Winder - Director


LOG HOME VILLAGE UK LIMITED (REGISTERED NUMBER: 05194502)

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

1. STATUTORY INFORMATION

Log Home Village UK 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements have been prepared on the going concern basis.

Turnover
Turnover represents net invoiced sales of goods and services received and rental income, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
Plant and machinery - 20% on cost
Computer equipment - 20% on cost

Freehold property has not been depreciated which is a departure from Financial Reporting Standard 102 and from the Companies Act 2006. Depreciation if provided would not have been of a material nature. The director considers that this policy results in the financial statements showing a true and fair view.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023 197,442
Disposals (10,240 )
At 31 August 2024 187,202
DEPRECIATION
At 1 September 2023 25,875
Charge for year 5,552
Eliminated on disposal (10,232 )
At 31 August 2024 21,195
NET BOOK VALUE
At 31 August 2024 166,007
At 31 August 2023 171,567

LOG HOME VILLAGE UK LIMITED (REGISTERED NUMBER: 05194502)

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

4. TANGIBLE FIXED ASSETS - continued

Freehold property has not been depreciated which is a departure from the Financial Reporting Standard for Smaller Entities and from the Companies Act 2006. Depreciation if provided would not have been of a material nature.

The net book value of tangible fixed assets includes £13,950 (2023: £18,600) in respect of assets held under hire purchase agreements. The amount of depreciation in respect of such assets amounted to £4,650 (2023: £4,650) for the financial year.

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
31.8.24 31.8.23
£    £   
Repayable by instalments
Bank loans more 5 yr by instal - 4,597

6. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.8.24 31.8.23
£    £   
Net obligations repayable:
Within one year 4,610 4,202
Between one and five years 10,607 15,218
15,217 19,420

Non-cancellable operating leases
31.8.24 31.8.23
£    £   
Within one year - 2,331

7. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.8.23
£    £   
Hire purchase 15,218 19,420

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
2 Ordinary £1 2 2

LOG HOME VILLAGE UK LIMITED (REGISTERED NUMBER: 05194502)

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

9. RELATED PARTY DISCLOSURES

At 31 August 2024 Mr T Winder, a director of the company, had on an unsecured interest free basis advanced
£27,608 (2023: £36,804) to the company.

10. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr T Winder.