Long Valley Yurts Windermere Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07538427 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LONG VALLEY YURTS WINDERMERE LTD

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:

07538427 (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

6,839

31,820

CURRENT ASSETS

Stocks

-

700

Debtors

87,568

28,938

Cash at bank

2,072

4,143

89,640

33,781

CREDITORS

Amounts falling due within one year

67,377

48,303

NET CURRENT ASSETS/(LIABILITIES)

22,263

(14,522

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

29,102

17,298

CREDITORS

Amounts falling due after more than one
year

2,332

4,607

NET ASSETS

26,770

12,691

CAPITAL AND RESERVES

Called up share capital

6

2

Retained earnings

26,768

12,689

SHAREHOLDERS' FUNDS

26,770

12,691

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 7 November 2025 and were signed on its behalf by:

Mr R I Coulter - Director

Mr J Maddy - Director

1.	STATUTORY INFORMATION

Long Valley Yurts Windermere Ltd 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.

Following the end of the summer 2024 season the site was closed and the current intention is to sell the remaining assets and close the company.

The financial statements have therefore been prepared on the 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

-

at varying rates on cost

Fixtures and fittings

-

not provided

Some specific items of plant, machinery, fixtures & fittings have not been depreciated which is a departure from Financial Reporting Standard 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

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

61,549

Disposals

(50,492

)

At 31 March 2025

11,057

DEPRECIATION

At 1 April 2024

29,729

Charge for year

620

Eliminated on disposal

(26,131

)

At 31 March 2025

4,218

NET BOOK VALUE

At 31 March 2025

6,839

At 31 March 2024

31,820

5.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

Bank loans

4,607

-

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

2

Ordinary

£1

2

7.	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

-

54

Amounts repaid

-

(54

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Mr R I Coulter

Balance outstanding at start of year

-

111

Amounts repaid

-

(111

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

8.	RELATED PARTY DISCLOSURES

Other debtors incudes £85,597 (2024: £28,937) due from another company that is also under the control of the directors.

Plant and machinery with a market value of £2,282 was sold in the year to another company that is also under the control of the directors.

Administrative expenses and accrued expenses include £13,600 (2024: £38,000) management fees payable to another company that is also under the control of the directors.