REGISTERED NUMBER: 10323049 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

PYTHOUSE ORGANICS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S N Fowler

I S Hayward

Sir Henry Rumbold

J M Syckelmoore

REGISTERED OFFICE:

Fowlerfortescue

Old Dairy Buildings

Fonthill Bishop

Salisbury

Hampshire

SP3 5SH

REGISTERED NUMBER:

10323049 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

150,628

182,832

CURRENT ASSETS

Stocks

17,120

20,420

Debtors

5

33,402

33,102

Cash at bank

62,139

55,967

112,661

109,489

CREDITORS

Amounts falling due within one year

6

54,209

91,993

NET CURRENT ASSETS

58,452

17,496

TOTAL ASSETS LESS CURRENT LIABILITIES

209,080

200,328

PROVISIONS FOR LIABILITIES

18,798

22,135

NET ASSETS

190,282

178,193

CAPITAL AND RESERVES

Called up share capital

7

6

6

Retained earnings

190,276

178,187

SHAREHOLDERS' FUNDS

190,282

178,193

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th September 2025 and were signed on its behalf by:

S N Fowler - Director

1.	STATUTORY INFORMATION

Pythouse Organics Ltd 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

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 Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST

At 1st January 2024

325,859

255,166

515

581,540

Additions

-

4,980

-

4,980

At 31st December 2024

325,859

260,146

515

586,520

DEPRECIATION

At 1st January 2024

231,569

166,740

399

398,708

Charge for year

18,858

18,297

29

37,184

At 31st December 2024

250,427

185,037

428

435,892

NET BOOK VALUE

At 31st December 2024

75,432

75,109

87

150,628

At 31st December 2023

94,290

88,426

116

182,832

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

21,221

30,963

Other debtors

12,181

2,139

33,402

33,102

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

8,202

8,438

Taxation and social security

44,107

44,045

Other creditors

1,900

39,510

54,209

91,993

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

60

Ordinary

0.10

6

6