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REGISTERED NUMBER: 05848596 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

THOROUGHBRED GRP LIMITED

THOROUGHBRED GRP LIMITED (REGISTERED NUMBER: 05848596)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THOROUGHBRED GRP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: P D Johnson
G Mcgrath
C Parker
J H Richmond-Watson
N Attenborough





REGISTERED OFFICE: 12 Forbury Road
Reading
Berkshire
RG1 1SB





REGISTERED NUMBER: 05848596 (England and Wales)

THOROUGHBRED GRP LIMITED (REGISTERED NUMBER: 05848596)

BALANCE SHEET
30 JUNE 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,247 -

CURRENT ASSETS
Debtors 5 671 -
Cash at bank 105,731 108,615
106,402 108,615
CREDITORS
Amounts falling due within one year 6 272,069 226,395
NET CURRENT LIABILITIES (165,667 ) (117,780 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(163,420

)

(117,780

)

RESERVES
Retained earnings (163,420 ) (117,780 )
(163,420 ) (117,780 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

THOROUGHBRED GRP LIMITED (REGISTERED NUMBER: 05848596)

BALANCE SHEET - continued
30 JUNE 2023


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 9 October 2023 and were signed on its behalf by:





C Parker - Director


THOROUGHBRED GRP LIMITED (REGISTERED NUMBER: 05848596)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

Thoroughbred Grp Limited is a private company, limited by guarantee, registered in England and Wales. The company's registered number is 05848596 and the registered office is 12 Forbury Road, Reading, Berkshire, RG1 1SB.

The presentation currency of the financial statements is the Pound Sterling (£), which is also the
company's functional currency.

The principal activity of the company is provision of services to the horse racing industry.

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.

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.

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.

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
The directors are not aware of any material uncertainties that may cast significant doubt over the ability of the company to continue trading. In order to meet upcoming liabilities, the directors have confirmed their financial support for a period of at least 12 months following the date on which the balance sheet is signed. The preparation of the financial statements on the going concern basis is therefore deemed appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

THOROUGHBRED GRP LIMITED (REGISTERED NUMBER: 05848596)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 2,365
At 30 June 2023 2,365
DEPRECIATION
Charge for year 118
At 30 June 2023 118
NET BOOK VALUE
At 30 June 2023 2,247

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Other debtors 671 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Taxation and social security 3,943 -
Other creditors 268,126 226,395
272,069 226,395