Company Registration No. 03574879 (England and Wales)
WITHEFORD EQUINE LIMITED
Unaudited accounts
for the year ended 31 March 2023
WITHEFORD EQUINE LIMITED
Unaudited accounts
Contents
WITHEFORD EQUINE LIMITED
Company Information
for the year ended 31 March 2023
Company Number
03574879 (England and Wales)
Registered Office
WESTCOURT STABLES
WESTCOURT, BURBAGE
MARLBOROUGH
WILTSHIRE
SN8 3BW
Accountants
Blue Penguin Chartered Accountants
16 Claremont Drive
Taunton
Somerset
TA1 4JF
WITHEFORD EQUINE LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
22,570
31,890
Cash at bank and in hand
76,377
157,947
Creditors: amounts falling due within one year
(41,694)
(59,065)
Net current assets
137,537
188,657
Total assets less current liabilities
160,107
220,547
Provisions for liabilities
Other provisions
-
(3,304)
Net assets
160,107
217,243
Called up share capital
100
100
Capital redemption reserve
76
76
Profit and loss account
159,931
217,067
Shareholders' funds
160,107
217,243
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 November 2023 and were signed on its behalf by
G Witheford
Director
Company Registration No. 03574879
WITHEFORD EQUINE LIMITED
Notes to the Accounts
for the year ended 31 March 2023
WITHEFORD EQUINE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03574879. The registered office is WESTCOURT STABLES, WESTCOURT, BURBAGE, MARLBOROUGH, WILTSHIRE, SN8 3BW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
25% reducing balance basis
Plant & machinery
25% reducing balance basis
Motor vehicles
20% reducing balance basis
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
69,376
156,222
494
226,092
Disposals
-
(44,250)
(494)
(44,744)
At 31 March 2023
69,376
114,392
-
183,768
At 1 April 2022
56,402
137,306
494
194,202
Charge for the year
3,244
4,279
-
7,523
On disposals
-
(40,033)
(494)
(40,527)
At 31 March 2023
59,646
101,552
-
161,198
At 31 March 2023
9,730
12,840
-
22,570
At 31 March 2022
12,974
18,916
-
31,890
WITHEFORD EQUINE LIMITED
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
98,464
84,035
Accrued income and prepayments
1,090
140
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
9,361
11,730
Taxes and social security
7,890
13,258
Loans from directors
4,898
4,386
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Average number of employees
During the year the average number of employees was 2 (2022: 2).