Company registration number 03052962 (England and Wales)
ST MARY'S ORANGERY LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
ST MARY'S ORANGERY LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
ST MARY'S ORANGERY LTD
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
6,845
8,329
Current assets
Stocks
2,221
2,242
Debtors
4
529
-
0
Cash at bank and in hand
126,535
93,803
129,285
96,045
Creditors: amounts falling due within one year
5
(59,377)
(45,438)
Net current assets
69,908
50,607
Net assets
76,753
58,936
Capital and reserves
Called up share capital
6
3
3
Profit and loss reserves
76,750
58,933
Total equity
76,753
58,936

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

The financial statements were approved by the board of directors and authorised for issue on 23 September 2025 and are signed on its behalf by:
Ms J M Ross
Director
Company registration number 03052962 (England and Wales)
ST MARY'S ORANGERY LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

St Mary's Orangery Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Ford Park Crescent, Ulverston, LA12 7JP.

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 a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The directors do not consider there to be a material uncertainty at this time, and there is true a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and to continue to support their parent charity with future donatable profits. Thus, t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover represents amounts receivable for sales in the cafe net of VAT.

1.4
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:

Fixtures, fittings & equipment
25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Recoverable amount is the higher of fair value less costs to sell and value in use. If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset i s reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss.

1.6
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs t o complete and sell.

ST MARY'S ORANGERY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting end date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. The impairment is recognised in profit or loss.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

ST MARY'S ORANGERY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense. The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12

Distribution

In accordance with the latest ICAEW guidance, donations by a trading subsidiary to its parent charity can only be recognised when they are paid or when a legal obligation for their payment is created. In this scenario, a legal obligation would exist if there was a deed of covenant in place.

An amendment to FRS 102 was published in December 2017 which allows the distribution to be allowable for tax provided it is paid within 9 months of the year end.

2
Employees

The average monthly number of persons (excluding directors who are not remunerated) employed by the company during the year was:

2025
2024
Number
Number
Total
5
5
ST MARY'S ORANGERY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
3
Tangible fixed assets
Fixtures, fittings & equipment
£
Cost
At 1 April 2024
15,517
Additions
2,221
At 31 March 2025
17,738
Depreciation and impairment
At 1 April 2024
7,188
Depreciation charged in the year
3,705
At 31 March 2025
10,893
Carrying amount
At 31 March 2025
6,845
At 31 March 2024
8,329
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
529
-
0
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
6,622
5,661
Amounts owed to group undertakings
35,003
23,848
Taxation and social security
15,702
13,769
Accruals and deferred income
2,050
2,160
59,377
45,438
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
3
3
3
3
ST MARY'S ORANGERY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
7
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

Senior Statutory Auditor:
Jack Steer BA(Hons) FCA
Statutory Auditor:
MHA
8
Related party transactions

The company has taken advantage of the exemption as provided by paragraph 33.1A of FRS 102 from disclosing transactions with other group members.

9
Parent company

The ultimate parent undertaking is Hospice of St Mary of Furness, a charitable company registered in England and Wales, its registered office is St. Marys Hospice, Ford Park, Ulverston, Cumbria, LA12 7JP. Copies of its group accounts, which include St Mary's Orangery Limited, are publicly available at Companies House, Cardiff.

2025-03-31 2024-04-01 false false false 02 October 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr G Servante Mr S P Adams Mr R Bird Mr A Wren Ms J M Ross Ms S Lake 03052962 2024-04-01 2025-03-31 03052962 2025-03-31 03052962 2024-03-31 03052962 core:FurnitureFittings 2025-03-31 03052962 core:FurnitureFittings 2024-03-31 03052962 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 03052962 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 03052962 core:CurrentFinancialInstruments 2025-03-31 03052962 core:CurrentFinancialInstruments 2024-03-31 03052962 core:ShareCapital 2025-03-31 03052962 core:ShareCapital 2024-03-31 03052962 core:RetainedEarningsAccumulatedLosses 2025-03-31 03052962 core:RetainedEarningsAccumulatedLosses 2024-03-31 03052962 core:ShareCapitalOrdinaryShareClass1 2025-03-31 03052962 core:ShareCapitalOrdinaryShareClass1 2024-03-31 03052962 bus:Director5 2024-04-01 2025-03-31 03052962 core:FurnitureFittings 2024-04-01 2025-03-31 03052962 2023-04-01 2024-03-31 03052962 core:FurnitureFittings 2024-03-31 03052962 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 03052962 bus:OrdinaryShareClass1 2025-03-31 03052962 bus:OrdinaryShareClass1 2024-03-31 03052962 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03052962 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03052962 bus:FRS102 2024-04-01 2025-03-31 03052962 bus:Audited 2024-04-01 2025-03-31 03052962 bus:Director1 2024-04-01 2025-03-31 03052962 bus:Director2 2024-04-01 2025-03-31 03052962 bus:Director3 2024-04-01 2025-03-31 03052962 bus:Director4 2024-04-01 2025-03-31 03052962 bus:CompanySecretary1 2024-04-01 2025-03-31 03052962 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP