IRIS Accounts Production v23.1.0.753 08560076 Board of Directors 1.7.22 30.6.23 30.6.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure085600762022-06-30085600762023-06-30085600762022-07-012023-06-30085600762021-06-30085600762021-07-012022-06-30085600762022-06-3008560076ns15:EnglandWales2022-07-012023-06-3008560076ns14:PoundSterling2022-07-012023-06-3008560076ns10:Director12022-07-012023-06-3008560076ns10:PrivateLimitedCompanyLtd2022-07-012023-06-3008560076ns10:SmallEntities2022-07-012023-06-3008560076ns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3008560076ns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3008560076ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-3008560076ns10:FullAccounts2022-07-012023-06-300856007612022-07-012023-06-3008560076ns10:OrdinaryShareClass12022-07-012023-06-3008560076ns10:Director22022-07-012023-06-3008560076ns10:CompanySecretary12022-07-012023-06-3008560076ns10:RegisteredOffice2022-07-012023-06-3008560076ns5:CurrentFinancialInstruments2023-06-3008560076ns5:CurrentFinancialInstruments2022-06-3008560076ns5:ShareCapital2023-06-3008560076ns5:ShareCapital2022-06-3008560076ns5:RetainedEarningsAccumulatedLosses2023-06-3008560076ns5:RetainedEarningsAccumulatedLosses2022-06-3008560076ns5:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3008560076ns5:PatentsTrademarksLicencesConcessionsSimilar2022-07-012023-06-3008560076ns5:OwnedOrFreeholdAssetsns5:LandBuildings2022-07-012023-06-3008560076ns5:PlantMachinery2022-07-012023-06-3008560076ns5:ComputerEquipment2022-07-012023-06-3008560076ns5:NetGoodwill2022-06-3008560076ns5:PatentsTrademarksLicencesConcessionsSimilar2022-06-3008560076ns5:NetGoodwill2023-06-3008560076ns5:PatentsTrademarksLicencesConcessionsSimilar2023-06-3008560076ns5:NetGoodwill2022-06-3008560076ns5:PatentsTrademarksLicencesConcessionsSimilar2022-06-3008560076ns5:LandBuildings2022-06-3008560076ns5:PlantMachinery2022-06-3008560076ns5:ComputerEquipment2022-06-3008560076ns5:LandBuildings2022-07-012023-06-3008560076ns5:LandBuildings2023-06-3008560076ns5:PlantMachinery2023-06-3008560076ns5:ComputerEquipment2023-06-3008560076ns5:LandBuildings2022-06-3008560076ns5:PlantMachinery2022-06-3008560076ns5:ComputerEquipment2022-06-3008560076ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3008560076ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3008560076ns5:DeferredTaxation2022-06-3008560076ns5:DeferredTaxation2022-07-012023-06-3008560076ns5:DeferredTaxation2023-06-3008560076ns10:OrdinaryShareClass12023-06-3008560076ns5:RetainedEarningsAccumulatedLosses2022-06-3008560076ns5:RetainedEarningsAccumulatedLosses2022-07-012023-06-30
REGISTERED NUMBER: 08560076 (England and Wales)

















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

DARRINGTON EQUESTRIAN CENTRE LIMITED

DARRINGTON EQUESTRIAN CENTRE LIMITED (REGISTERED NUMBER: 08560076)






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


DARRINGTON EQUESTRIAN CENTRE LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2023







DIRECTORS: Mrs J E Wilson
Miss S Wilson





SECRETARY: Miss S Wilson





REGISTERED OFFICE: West End Farm
Darrington
Pontefract
WF8 3AG





REGISTERED NUMBER: 08560076 (England and Wales)





ACCOUNTANTS: Cresswells
12 Market Street
Hebden Bridge
West Yorkshire
HX7 6AD

DARRINGTON EQUESTRIAN CENTRE LIMITED (REGISTERED NUMBER: 08560076)

BALANCE SHEET
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2 2
Tangible assets 5 140,258 150,187
140,260 150,189

CURRENT ASSETS
Stocks 600 679
Debtors 6 199 1,566
Cash at bank 41,482 32,545
42,281 34,790
CREDITORS
Amounts falling due within one year 7 6,868 6,117
NET CURRENT ASSETS 35,413 28,673
TOTAL ASSETS LESS CURRENT
LIABILITIES

175,673

178,862

PROVISIONS FOR LIABILITIES 8 1,127 1,002
NET ASSETS 174,546 177,860

CAPITAL AND RESERVES
Called up share capital 9 162,978 162,978
Retained earnings 10 11,568 14,882
SHAREHOLDERS' FUNDS 174,546 177,860

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.

DARRINGTON EQUESTRIAN CENTRE LIMITED (REGISTERED NUMBER: 08560076)

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 31 October 2023 and were signed on its behalf by:





Mrs J E Wilson - Director


DARRINGTON EQUESTRIAN CENTRE LIMITED (REGISTERED NUMBER: 08560076)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Darrington Equestrian Centre 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
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 represents net invoiced sales of services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Records and contracts are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 4% on cost
Plant and machinery - 15% on reducing balance
Computer equipment - over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

DARRINGTON EQUESTRIAN CENTRE LIMITED (REGISTERED NUMBER: 08560076)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2023

2. ACCOUNTING POLICIES - continued

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 4 (2022 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Records
and
Goodwill contracts Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 1 1 2
NET BOOK VALUE
At 30 June 2023 1 1 2
At 30 June 2022 1 1 2

5. TANGIBLE FIXED ASSETS
Freehold Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 July 2022
and 30 June 2023 225,000 13,292 220 238,512
DEPRECIATION
At 1 July 2022 81,000 7,106 219 88,325
Charge for year 9,000 929 - 9,929
At 30 June 2023 90,000 8,035 219 98,254
NET BOOK VALUE
At 30 June 2023 135,000 5,257 1 140,258
At 30 June 2022 144,000 6,186 1 150,187

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax - 1,249
Prepayments and accrued income 199 317
199 1,566

DARRINGTON EQUESTRIAN CENTRE LIMITED (REGISTERED NUMBER: 08560076)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 1,542 -
Social security and other taxes 934 1,613
Other creditors 2,537 2,126
Accrued expenses 1,855 2,378
6,868 6,117

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 1,127 1,002

Deferred
tax
£   
Balance at 1 July 2022 1,002
Provided during year 125
Balance at 30 June 2023 1,127

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
162,978 Ordinary £1 162,978 162,978

10. RESERVES
Retained
earnings
£   

At 1 July 2022 14,882
Deficit for the year (3,314 )
At 30 June 2023 11,568

11. RELATED PARTY DISCLOSURES

During the year the company was charged a total of £3,600 (2022 £3,600) for property utilities from another company controlled by the directors.

The directors have provided a joint and several guarantee to the company.