REGISTERED NUMBER: 13648830 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

FARMERS ARMS (GRIZEDALE) LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A Sutherland

REGISTERED OFFICE:

Farmers Arms

Lowick Green

Ulverston

United Kingdom

LA12 8DT

REGISTERED NUMBER:

13648830 (England and Wales)

ACCOUNTANTS:

J F Hornby & Co

Chartered Accountants

The Tower

Daltongate Business Centre

Daltongate

Ulverston

Cumbria

LA12 7AJ

BANKERS:

Co operative Bank plc

P O Box

Balloon Street

Manchester

M60 4EP

FIXED ASSETS

Tangible assets

4

5,775

7,893

CURRENT ASSETS

Stocks

2,000

3,521

Debtors

456

-

Cash at bank

36,155

20,548

38,611

24,069

CREDITORS

Amounts falling due within one year

136,179

138,105

NET CURRENT LIABILITIES

(97,568

)

(114,036

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(91,793

)

(106,143

)

RESERVES

Income and expenditure account

(91,793

)

(106,143

)

(91,793

)

(106,143

)

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 surplus or deficit 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 16 December 2025 and were signed by:

Mr A Sutherland - Director

1.	STATUTORY INFORMATION

Farmers Arms (Grizedale) Limited is a private company, limited by guarantee , 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 accounts have been prepared on the going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% 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 9 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

11,655

Additions

266

At 31 March 2025

11,921

DEPRECIATION

At 1 April 2024

3,762

Charge for year

2,384

At 31 March 2025

6,146

NET BOOK VALUE

At 31 March 2025

5,775

At 31 March 2024

7,893

5.	RELATED PARTY DISCLOSURES

The Farmers' Arms (Grizedale) Ltd is a wholly owned subsidiary of the charity Grizedale Arts which financially assisted the company with a loan in the year, interest is charged at 3%. The loan balance at the end of the year was £111,742 (2024: £104,318)

6.	ULTIMATE CONTROLLING PARTY

The company's immediate and ultimate parent undertaking is Grizedale Arts. Grizedale Arts was incorporated in England and Wales. The ultimate controlling party is Grizedale Arts.