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

REGISTERED NUMBER: 07538411 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LONG VALLEY YURTS KESWICK 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:

07538411 (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

-

4,534

CURRENT ASSETS

Debtors

5

81,710

49,408

Cash at bank

9,963

7,690

91,673

57,098

CREDITORS

Amounts falling due within one year

47,222

28,439

NET CURRENT ASSETS

44,451

28,659

TOTAL ASSETS LESS CURRENT
LIABILITIES

44,451

33,193

CREDITORS

Amounts falling due after more than one
year

2,521

4,980

NET ASSETS

41,930

28,213

CAPITAL AND RESERVES

Called up share capital

7

2

Retained earnings

41,928

28,211

SHAREHOLDERS' FUNDS

41,930

28,213

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 Keswick 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 directors do not currently intend to operate the campsite following the end of the summer 2024 season. The remaining assets held will be sold before the company is closed down.

The financial statements have therefore been prepared on a basis other than going concern.

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

-

20% on reducing balance

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

24,690

Disposals

(24,690

)

At 31 March 2025

-

DEPRECIATION

At 1 April 2024

20,156

Eliminated on disposal

(20,156

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

4,534

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Other debtors

-

1

6.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

Bank loans

4,980

7,379

The bank loan is secured on the company assets.

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 J Maddy

Balance outstanding at start of year

-

1,527

Amounts repaid

-

(1,527

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Mr R I Coulter

Balance outstanding at start of year

-

1,368

Amounts repaid

-

(1,368

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

9.	RELATED PARTY DISCLOSURES

Other debtors includes £81,071 (2024: £48,768) due from another company of which the directors also control.

Administrative costs and accrued expenses include management fees of £17,500 (2024: £20,000) payable to a company in which the directors also have control.