Registration number: 14758299

Hartington Creamery Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Hartington Creamery Ltd

Company Information

Director	Mr Robert Arthur Gosling

Registered office

Pikehall Farm Pikehall Matlock Derbyshire DE4 2PH

Accountants

Coates and Partners Limited The Old Vicarage 51 St John Street Ashbourne Derbyshire DE6 1GP

Hartington Creamery Ltd

(Registration number: 14758299)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	7,306	9,498
Tangible assets	5	84,213	77,668
		91,519	87,166
Current assets
Stocks		135,676	81,193
Debtors	6	55,417	64,123
Cash at bank and in hand		8,372	14,329
		199,465	159,645
Creditors: Amounts falling due within one year	7	(151,055)	(98,675)
Net current assets		48,410	60,970
Total assets less current liabilities		139,929	148,136
Creditors: Amounts falling due after more than one year	7	(95,823)	(90,000)
Provisions for liabilities		(5,645)	(6,259)
Net assets		38,461	51,877
Capital and reserves
Called up share capital		27,000	27,000
Retained earnings		11,461	24,877
Shareholders' funds		38,461	51,877

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Hartington Creamery Ltd

(Registration number: 14758299)
Balance Sheet as at 31 March 2025 (continued)

Approved and authorised by the director on 5 December 2025
 

......................................... Mr Robert Arthur Gosling Director

Hartington Creamery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital incorporated in England and Wales registration number: 14758299.

The address of its registered office is:
Pikehall Farm
Pikehall
Matlock
Derbyshire
DE4 2PH
United Kingdom

These financial statements were authorised for issue by the director on 5 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency is £ sterling.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Hartington Creamery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land & Buildings	10% Straight line basis
Plant & Machinery	15% Straight line basis
Office equipment	20% Straight line basis

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Hartington Creamery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	20% Straight line basis

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 15 (2024 - 15).

Hartington Creamery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 April 2024	10,959	10,959
At 31 March 2025	10,959	10,959
Amortisation
At 1 April 2024	1,461	1,461
Amortisation charge	2,192	2,192
At 31 March 2025	3,653	3,653
Carrying amount
At 31 March 2025	7,306	7,306
At 31 March 2024	9,498	9,498

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2024	10,085	548	75,882	86,515
Additions	1,617	-	18,761	20,378
At 31 March 2025	11,702	548	94,643	106,893
Depreciation
At 1 April 2024	340	91	8,417	8,848
Charge for the year	1,156	110	12,566	13,832
At 31 March 2025	1,496	201	20,983	22,680
Carrying amount
At 31 March 2025	10,206	347	73,660	84,213
At 31 March 2024	9,745	457	67,466	77,668

Hartington Creamery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

5	Tangible assets (continued)

Included within the net book value of land and buildings above is £Nil (2024 - £Nil) in respect of long leasehold land and buildings and £10,206 (2024 - £9,745) in respect of short leasehold land and buildings.
 

6

Debtors

Current	2025 £	2024 £
Trade debtors	49,482	57,315
Prepayments	4,007	315
Other debtors	1,928	6,493
	55,417	64,123

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	48,029	55,938
Taxation and social security	4,232	2,589
Accruals and deferred income	7,177	9,184
Other creditors	91,617	30,964
	151,055	98,675