REGISTERED NUMBER: 09267067 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

AMBLESIDE HOMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P Mandefield

Mrs K M Mandefield

REGISTERED OFFICE:

Cottage Farm

Easingwold

York

North Yorkshire

YO61 3DS

REGISTERED NUMBER:

09267067 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

Equinox House

Clifton Park, Shipton Road

York

Yorkshire

YO30 5PA

FIXED ASSETS

Tangible assets

4

12,081

17,168

CURRENT ASSETS

Stocks

859,640

306,953

Debtors

5

718,923

1,162,004

Cash at bank

170,735

190,043

1,749,298

1,659,000

CREDITORS

Amounts falling due within one year

6

1,016,905

876,039

NET CURRENT ASSETS

732,393

782,961

TOTAL ASSETS LESS CURRENT LIABILITIES

744,474

800,129

CREDITORS

Amounts falling due after more than one year

7

(1,667

)

(11,946

)

PROVISIONS FOR LIABILITIES

(3,019

)

(3,264

)

NET ASSETS

739,788

784,919

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

739,588

784,719

SHAREHOLDERS' FUNDS

739,788

784,919

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2025 and were signed on its behalf by:

Mr P Mandefield - Director

1.	STATUTORY INFORMATION

Ambleside Homes 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.

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.

These financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown with borrowings in current liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

55,200

7,586

8,600

71,386

DEPRECIATION

At 1 April 2024

42,649

4,314

7,255

54,218

Charge for year

3,138

659

1,290

5,087

At 31 March 2025

45,787

4,973

8,545

59,305

NET BOOK VALUE

At 31 March 2025

9,413

2,613

55

12,081

At 31 March 2024

12,551

3,272

1,345

17,168

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

442,000

Other debtors

718,923

720,004

718,923

1,162,004

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

36,946

71,749

Taxation and social security

30,028

14,475

Other creditors

939,931

779,815

1,016,905

876,039

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,667

11,946

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in 'Other Creditors' as at 31 March 2025 is £315,660 (2024 - £207,104) due to the directors of the company. Interest has been paid in the year on the outstanding balance owed.

9.	RELATED PARTY DISCLOSURES

Included in 'Other creditors' are loans of £32,000 (2024 - £32,000) from shareholders who are close family members of the directors. These loans are repayable on demand. Included in 'Trade Debtors' is an amount of £NIL (2024 : 442,000) due from Ambleside Homes (Galtres) Limited. Included within 'Other Debtors' is an amount of £705,264 (2024: £705,264) owed from Ambleside Homes (Galtres) Limited. Ambleside Homes (Galtres) Limited is a company with mutual directorship.