REGISTERED NUMBER: 11735266 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

IRELETH VILLAGE STORE LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J W Lewney

REGISTERED OFFICE:

Ireleth Road

Askam In Furness

Cumbria

LA16 7DL

REGISTERED NUMBER:

11735266 (England and Wales)

BANKERS:

Barclays Bank plc

Leicester

LE87 2BB

FIXED ASSETS

Tangible assets

4

275,842

276,971

CURRENT ASSETS

Stocks

62,789

51,388

Debtors

66,410

61,111

Cash at bank and in hand

86,779

288,108

215,978

400,607

CREDITORS

Amounts falling due within one year

40,754

69,295

NET CURRENT ASSETS

175,224

331,312

TOTAL ASSETS LESS CURRENT LIABILITIES

451,066

608,283

CREDITORS

Amounts falling due after more than one year

285,333

475,333

NET ASSETS

165,733

132,950

CAPITAL AND RESERVES

Called up share capital

5

103

103

Retained earnings

165,630

132,847

SHAREHOLDERS' FUNDS

165,733

132,950

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 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 December 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 5 July 2026 and were signed by:

Mr J W Lewney - Director

1.	STATUTORY INFORMATION

Ireleth Village Store 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

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 cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

and 31 December 2025

408,780

DEPRECIATION

At 1 January 2025

131,809

Charge for year

1,129

At 31 December 2025

132,938

NET BOOK VALUE

At 31 December 2025

275,842

At 31 December 2024

276,971

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

101

Ordinary

£1

101

101

1

Dividend A

£1

1

1

1

Dividend B

£1

1

1

103

103

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

Mr J W Lewney

Balance outstanding at start of year

38,611

80,288

Amounts advanced

26,448

26,323

Amounts repaid

(25,000

)

(68,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

40,059

38,611

During the financial year the director was charged £1,448 (2024: £1,323) interest on the loan which is unsecured and repayable on demand.

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr K Wilkes.