REGISTERED NUMBER: 04767707 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

VERSTONE GUNDOGS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr D Summers

SECRETARY:

Mr R J Summers

REGISTERED OFFICE:

The Tower

Daltongate Business Centre

Daltongate

Ulverston

Cumbria

LA12 7AJ

REGISTERED NUMBER:

04767707 (England and Wales)

FIXED ASSETS

Tangible assets

4

31,311

30,792

CURRENT ASSETS

Stocks

10,050

7,160

Debtors

322

322

10,372

7,482

CREDITORS

Amounts falling due within one year

80,319

77,592

NET CURRENT LIABILITIES

(69,947

)

(70,110

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(38,636

)

(39,318

)

CAPITAL AND RESERVES

Called up share capital

5

2

2

Retained earnings

(38,638

)

(39,320

)

SHAREHOLDERS' FUNDS

(38,636

)

(39,318

)

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 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.

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 director and authorised for issue on 15 November 2025 and were signed by:

Mr D Summers - Director

1.	STATUTORY INFORMATION

Verstone Gundogs 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.

The financial statements have been prepared on the going concern basis.

Turnover

Turnover represents net invoiced sales of goods and services, excluding VAT.

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

-

2% on cost

Plant and machinery

-

20% on cost

Computer equipment

-

33% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

134,899

Additions

2,054

Disposals

(4,578

)

At 31 March 2025

132,375

DEPRECIATION

At 1 April 2024

104,107

Charge for year

1,535

Eliminated on disposal

(4,578

)

At 31 March 2025

101,064

NET BOOK VALUE

At 31 March 2025

31,311

At 31 March 2024

30,792

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary

£1

2

2

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31st March 2025 Mr D Summers, a director of the company, had on an unsecured basis advanced £74,268 to the company.

(Prior year £75,643)

During the financial year the company was charged £10,400 (2024:£8,500) interest on the loan which is unsecured and repayable on demand.

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D Summers.