2023-09-01 2024-12-31 09731984 THE ESTATE DAIRY LIMITED false 09731984 2023-09-01 2024-12-31 09731984 uk-bus:Director1 2023-09-01 2024-12-31 09731984 uk-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-12-31 09731984 uk-bus:SmallEntities 2023-09-01 2024-12-31 09731984 uk-bus:FullAccounts 2023-09-01 2024-12-31 09731984 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-12-31 09731984 2023-09-01 09731984 2024-12-31 09731984 2023-12-31 xbrli:pure iso4217:GBP 09731984 2022-09-01 2023-12-31
Company Registration Number : 09731984 (England and Wales)
09731984
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-12-31
false
THE ESTATE DAIRY LIMITED
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-09-01
THE ESTATE DAIRY LIMITED
Unaudited filleted financial statements
For 488 days period from 1 September 2023 to 31 December 2024
THE ESTATE DAIRY LIMITED
Contents
For 488 days period from 1 September 2023 to 31 December 2024

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 7


THE ESTATE DAIRY LIMITED
Company Information
For 488 days period from 1 September 2023 to 31 December 2024

Company registration number 09731984 (England and Wales)
Directors Shaun Young
Rebecca Young
Graham Ramsbottom
Kevin Lane
Registered office address Wallstone Farm
Chorley
Cw5 8jr
Cheshire
CW5 8JR
Accountant DNS Associates
Pacific House
Middlesex Harrow
HA3 8DP
THE ESTATE DAIRY LIMITED
Statement of Financial Position
For 488 days period from 1 September 2023 to 31 December 2024

2024 2023
Notes £ £
Fixed assets
Intangible assets 306,575 4,083
Property, plant and equipment 2,186,494 786,935
7 2,493,069 791,018
Current assets
Inventories 232,387 144,253
Debtors 3,095,234 2,034,767
Cash and cash equivalents 498,896 627,588
3,826,517 2,806,608
Current liabilities
Creditors: Amounts falling due within one year (3,612,648) (2,210,337)
Corporation tax payable (49,730) (89,771)
(3,662,378) (2,300,108)
Net current assets/(liabilities) 164,138 506,500
Total assets less current liabilities 2,657,207 1,297,518
Non-current liabilities
Creditors: Amounts falling due after more than one year (226,674) (306,269)
Provisions for liabilities (408,029) (140,570)
Net assets/(liabilities) 2,022,505 850,679
Capital and reserves
Called up share capital 119 100
Share Premium 329,981 -
Retained earnings 1,692,405 850,579
Shareholders' funds 2,022,505 850,679
For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • 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 in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 28 May 2025
.............................
Shaun Young (Director)
Company registration number: 09731984
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-12-31 31 December 2024
2024 2023
£ £
Fixed Assets 2,493,069 791,018
Current Assets 3,657,687 2,768,046
Prepayments and accrued income 168,830 38,562
Creditors: amounts falling due within one year (3,662,378) (2,300,108)
Net current assets/(liabilities) 164,138 506,500
Total assets less current liabilities 2,657,207 1,297,518
CREDITORS: Amounts falling due more than one year (226,674) (306,269)
Provisions for liabilities (408,029) (140,570)
Net Assets/(liabilities) 2,022,505 850,679
Capital and Reserves 2,022,505 850,679
For the year ending 31/12/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. For the year ending 31-12-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 28 May 2025 2025-05-29 and signed on behalf of the board,
.............................
Shaun Young
Director
Company registration number: 09731984
THE ESTATE DAIRY LIMITED
Notes to the Financial Statements
For 488 days period from 1 September 2023 to 31 December 2024

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is Wallstone Farm, Chorley, Cw5 8jr, Cheshire, CW5 8JR.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Foreign currency
Transactions in foreign currencies other than its functional currency are recorded at the foreign exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the year-end date are translated at the foreign exchange rate ruling at that date. Foreign exchange differences arising on translation are recognised in the income statement within financial income or expense, as appropriate. Non-monetary assets that are measured in terms of historical cost in foreign currency are translated using the exchange rate at the date of the transaction.
Interest income
Interest income is recognised using the effective interest method.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Development costs
Development costs is stated at cost less accumulated depreciation and any accumulated impairment losses. It is amortised over its estimated life of 3 years using the straight line method. If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new expectations.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery10% straight line
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles33% straight line
Fixtures and Fittings
Equipment20% straight line
Motor Cars20% straight line
Inventories
Inventories are measured at the lower of cost and net realisable value. Costs of inventories are determined on a first-in-first-out basis. Net realisable value represents the estimated selling price for inventories less all estimated costs necessary to make the sale.
Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. All other leases are classified as operating leases.

The company as lessee

Assets held under finance leases are initially recognised as assets of the company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in the income statement.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases,the aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis over the lease period.
Provisions
Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation. When a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred Tax
A deferred tax asset or liability is recognised for tax recoverable or payable in future periods in respect of transactions and events recognised in the financial statements of current and previous periods.

Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. Timing differences result from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements.

Deferred tax is recognised on all timing differences at the reporting date apart from certain exceptions. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax liabilities and assets are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

(4) Critical accounting judgements and key sources of estimation uncertainty
No judgement
No significant judgements or estimates have been made in preparation of these financial statements.

(5) Employees
During the period, the average number of employees including director was 43 (2023 : 29).

(6) Directors advances, credit and guarantees
Advance
At the start of the year, the company had advanced £ 39,567.81 to one of the directors. These were repayable on demand.
Interest was payable at the official HMRC interest rate. The company received repayments in full.

(7) Fixed assets
Intangible

£
Tangible

£
Totals

£
Cost
As at 01 September 202348,5031,738,9051,787,408
Additions356,7791,842,8962,199,675
Disposals-(26,590)(26,590)
As at 31 December 2024405,2823,555,2113,960,493
Depreciation/Amortisation
As at 01 September 202344,420951,970996,390
For the year54,288441,121495,409
Write off on disposals-(24,375)(24,375)
As at 31 December 202498,7081,368,7161,467,424
Net book value
As at 31 December 2024306,5742,186,4952,493,069
As at 31 August 20234,083786,935791,018