Company registration number 07032834 (England and Wales)
MILL FARM CLAY PIGEON SHOOT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
MILL FARM CLAY PIGEON SHOOT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
MILL FARM CLAY PIGEON SHOOT LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
3,083
3,628
Current assets
Stocks
5,000
5,000
Debtors
5
1,222
1,207
Cash at bank and in hand
11,106
11,652
17,328
17,859
Creditors: amounts falling due within one year
6
(1,520)
(1,356)
Net current assets
15,808
16,503
Net assets
18,891
20,131
Capital and reserves
Called up share capital
Profit and loss reserves
18,891
20,131
Total equity
18,891
20,131
For the financial year ended 31 March 2025 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 in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 17 July 2025 and are signed on its behalf by:
Mr R G Hale
Director
Company registration number 07032834 (England and Wales)
MILL FARM CLAY PIGEON SHOOT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information
Mill Farm Clay Pigeon Shoot Limited is a private company limited by shares incorporated in England and Wales. The registered office is Murrills House, 48 East Street, Portchester, Fareham, England, PO16 9XS.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.
1.2
Turnover
Turnover represents amounts received for clay pigeon shooting services and membership for the club.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
15% reducing balance
1.4
Stocks
Stocks are stated at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
MILL FARM CLAY PIGEON SHOOT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
4
Tangible fixed assets
Plant and equipment
£
Cost
At 1 April 2024 and 31 March 2025
26,722
Depreciation and impairment
At 1 April 2024
23,094
Depreciation charged in the year
545
At 31 March 2025
23,639
Carrying amount
At 31 March 2025
3,083
At 31 March 2024
3,628
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
1,222
1,207
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
1,520
1,356