REGISTERED NUMBER: 10490632 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

OLD FARMHOUSE ULVERSTON LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms A Kirkby

Ms R Hannigan

REGISTERED OFFICE:

The Tower

Daltongate Business Centre

Daltongate

Ulverston

Cumbria

LA12 7AJ

REGISTERED NUMBER:

10490632 (England and Wales)

BANKERS:

National Westminster Bank plc

10 Elephants Yard

Kendal

Cumbria

LA9 4LZ

FIXED ASSETS

Intangible assets

4

21,000

31,500

Tangible assets

5

12,586

13,505

33,586

45,005

CURRENT ASSETS

Stocks

10,000

10,000

Debtors

20,558

32,252

Cash at bank and in hand

70,923

104,117

101,481

146,369

CREDITORS

Amounts falling due within one year

84,554

110,797

NET CURRENT ASSETS

16,927

35,572

TOTAL ASSETS LESS CURRENT LIABILITIES

50,513

80,577

CREDITORS

Amounts falling due after more than one year

50,000

79,000

NET ASSETS

513

1,577

CAPITAL AND RESERVES

Called up share capital

6

101

101

Retained earnings

412

1,476

SHAREHOLDERS' FUNDS

513

1,577

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

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2025 and were signed on its behalf by:

Ms A Kirkby - Director

1.	STATUTORY INFORMATION

Old Farmhouse Ulverston 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents net invoiced sales of goods, excluding VAT.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten 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.

Improvements to property

-

10% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost and 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.

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 15 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

105,000

AMORTISATION

At 1 April 2024

73,500

Amortisation for year

10,500

At 31 March 2025

84,000

NET BOOK VALUE

At 31 March 2025

21,000

At 31 March 2024

31,500

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

100,651

Additions

4,601

At 31 March 2025

105,252

DEPRECIATION

At 1 April 2024

87,146

Charge for year

5,520

At 31 March 2025

92,666

NET BOOK VALUE

At 31 March 2025

12,586

At 31 March 2024

13,505

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

1

A Dividend

£1

1

1

101

101

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Ms A Kirkby.