Long Valley Yurts Coniston Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07538405 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LONG VALLEY YURTS CONISTON LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R I Coulter

Mr J Maddy

REGISTERED OFFICE:

Middleshaw Head

Middleshaw

Old Hutton

Kendal

LA8 0LZ

REGISTERED NUMBER:

07538405 (England and Wales)

ACCOUNTANTS:

J F Hornby & Co

Chartered Accountants

The Tower

Daltongate Business Centre

Daltongate

Ulverston

Cumbria

LA12 7AJ

BANKERS:

National Westminster Bank plc

10 Elephants Yard

Kendal

Cumbria

LA9 4LZ

FIXED ASSETS

Tangible assets

4

12,138

19,804

CURRENT ASSETS

Debtors

38,136

24,241

Cash at bank

4,698

11,248

42,834

35,489

CREDITORS

Amounts falling due within one year

39,169

19,933

NET CURRENT ASSETS

3,665

15,556

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,803

35,360

CREDITORS

Amounts falling due after more than one
year

4,413

8,716

NET ASSETS

11,390

26,644

CAPITAL AND RESERVES

Called up share capital

7

2

Retained earnings

11,388

26,642

SHAREHOLDERS' FUNDS

11,390

26,644

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 9 September 2025 and were signed on its behalf by:

Mr R I Coulter - Director

Mr J Maddy - Director

1.	STATUTORY INFORMATION

Long Valley Yurts Coniston 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 camping site was no longer operated after the summer of 2023, with the company focusing on the sale of camping materials and equipment whilst other income streams are being investigated.The company has access to sufficient funds to enable it to meet its liabilities as they fall due. The financial statements are therefore prepared on a 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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

at variable rates on reducing balance

A portion of items held within plant and machinery have not been depreciated which is a departure from Financial Reporting Standards 102 and from the Companies Act 2006. Depreciation, if provided, would not have been of a material nature. The directors consider that this policy results in the financial statements showing a true and fair view.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

47,907

Additions

9,640

Disposals

(36,853

)

At 31 March 2025

20,694

DEPRECIATION

At 1 April 2024

28,103

Charge for year

2,209

Eliminated on disposal

(21,756

)

At 31 March 2025

8,556

NET BOOK VALUE

At 31 March 2025

12,138

At 31 March 2024

19,804

5.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

Within one year

-

18,098

6.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

Bank loans

8,716

12,913

The bank loan is secured on the assets of the company.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

2

Ordinary

£1

2

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

Mr R I Coulter

Balance outstanding at start of year

-

2,458

Amounts repaid

-

(2,458

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Mr J Maddy

Balance outstanding at start of year

-

2,458

Amounts repaid

-

(2,458

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

9.	RELATED PARTY DISCLOSURES

Other debtors includes £38,136 (2024: £23,100) due from another company of which the directors also have control.

Other creditors includes £284 (2024: £nil) due to another company of which the directors also have control.

Administrative expenses and accrued expenses include £25,600 (2024: £7,500) management fees payable to another company of which the directors also have control.