REGISTERED NUMBER: 08737954 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Lake Pochard Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G B Lake

REGISTERED OFFICE:

Lake 15 Cotswold Water Park

Wickwater Lane

South Cerney

Cirencester

GL7 5RL

REGISTERED NUMBER:

08737954 (England and Wales)

ACCOUNTANTS:

Obsidian Accountancy Limited

Suite 9 Corum Two

Corum Office Park

Crown Way

Warmley

Bristol

BS30 8FJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

154,218

163,164

154,218

163,164

CURRENT ASSETS

Stocks

193,088

193,088

Debtors

6

196,116

196,017

Cash at bank

57,691

70,862

446,895

459,967

CREDITORS

Amounts falling due within one year

7

36,904

41,138

NET CURRENT ASSETS

409,991

418,829

TOTAL ASSETS LESS CURRENT LIABILITIES

564,209

581,993

CAPITAL AND RESERVES

Called up share capital

100

100

Other reserves

63,550

63,550

Retained earnings

500,559

518,343

564,209

581,993

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 September 2025 and were signed by:

G B Lake - Director

1.	STATUTORY INFORMATION

Lake Pochard Management 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Land and buildings

-

4% on cost

Plant and machinery etc

-

25% on cost

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 Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

20,000

AMORTISATION

At 1 February 2024

and 31 January 2025

20,000

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 February 2024

and 31 January 2025

223,230

62,102

285,332

DEPRECIATION

At 1 February 2024

71,577

50,591

122,168

Charge for year

6,067

2,879

8,946

At 31 January 2025

77,644

53,470

131,114

NET BOOK VALUE

At 31 January 2025

145,586

8,632

154,218

At 31 January 2024

151,653

11,511

163,164

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

4,201

4,821

Amounts owed by group undertakings

187,833

187,833

Other debtors

4,082

3,363

196,116

196,017

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

4,273

3,313

Taxation and social security

5,385

8,453

Other creditors

27,246

29,372

36,904

41,138

8.	RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of Lake Pochard Limited. At 31 January 2025 the company was owed by the holding company £187,833 (2024 - £187,833).

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Lake Pochard Limited.