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Company Registration No. 5043264 (England and Wales)
Natton House Thoroughbreds Limited Unaudited accounts for the year ended 28 February 2023
Natton House Thoroughbreds Limited Unaudited accounts Contents
Page
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Natton House Thoroughbreds Limited Company Information for the year ended 28 February 2023
Directors
Mrs H M Dudfield Mr G E Dudfield Mr C K Dudfield
Secretary
H M Dudfield
Company Number
5043264 (England and Wales)
Registered Office
NATTON HOUSE NATTON ASHCHURCH TEWKESBURY GLOUCESTERSHIRE GL20 7BG
Accountants
The Practice - Chartered Management Accountants 2 New Street Ledbury Herefordshire HR8 2DX
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Natton House Thoroughbreds Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
91,172 
95,746 
Current assets
Inventories
321,675 
405,725 
Debtors
35,759 
26,659 
Cash at bank and in hand
61,009 
8,234 
418,443 
440,618 
Creditors: amounts falling due within one year
(275,233)
(248,788)
Net current assets
143,210 
191,830 
Total assets less current liabilities
234,382 
287,576 
Creditors: amounts falling due after more than one year
(13,500)
(19,500)
Net assets
220,882 
268,076 
Capital and reserves
Called up share capital
220,100 
220,100 
Profit and loss account
782 
47,976 
Shareholders' funds
220,882 
268,076 
For the year ending 28 February 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 directors acknowledge their 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 of Directors and authorised for issue on 30 August 2023 and were signed on its behalf by
Mr C K Dudfield Director Company Registration No. 5043264
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Natton House Thoroughbreds Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Natton House Thoroughbreds Limited is a private company, limited by shares, registered in England and Wales, registration number 5043264. The registered office is NATTON HOUSE, NATTON ASHCHURCH, TEWKESBURY, GLOUCESTERSHIRE, GL20 7BG.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
5% of Cost
Plant & machinery
15% and 25% of Written Down Value
Motor vehicles
25% of Written Down Value
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 March 2022
70,124 
53,932 
50,940 
588 
175,584 
At 28 February 2023
70,124 
53,932 
50,940 
588 
175,584 
Depreciation
At 1 March 2022
- 
35,205 
44,486 
147 
79,838 
Charge for the year
- 
2,813 
1,614 
147 
4,574 
At 28 February 2023
- 
38,018 
46,100 
294 
84,412 
Net book value
At 28 February 2023
70,124 
15,914 
4,840 
294 
91,172 
At 28 February 2022
70,124 
18,727 
6,454 
441 
95,746 
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Natton House Thoroughbreds Limited Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
34,521 
26,117 
Accrued income and prepayments
1,238 
542 
35,759 
26,659 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,000 
6,000 
Trade creditors
48,462 
24,026 
Taxes and social security
38,125 
15,093 
Other creditors
5,980 
4,663 
Loans from directors
174,916 
198,206 
Accruals
1,750 
800 
275,233 
248,788 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
13,500 
19,500 
8
Transactions with related parties
The company has outstanding loans from Directors, with 0% Interest and no set repayment date, as detailed below. Mr G E Dudfield (2021 92,316) Mrs H M Dudfield (2021 £93,862) Mr C Dudfield (2021 £12,028)
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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