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REGISTERED NUMBER: 11417049 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Blue Horse Retail Limited

Blue Horse Retail Limited (Registered number: 11417049)

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


Blue Horse Retail Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: T S Chahal
C S Chahal
Mrs B Chahal





REGISTERED OFFICE: Office 1 21 Hatherton Street
21 Hatherton Street
Walsall
West Midlands
WS4 2LA





REGISTERED NUMBER: 11417049 (England and Wales)





ACCOUNTANTS: Dhillon Accountants Limited
Chartered Accountants
Office 1
21 Hatherton Street
Walsall
WS4 2LA

Blue Horse Retail Limited (Registered number: 11417049)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 29,556 32,000

CURRENT ASSETS
Stocks 60,000 60,000
Debtors 5 202,071 129,810
Cash at bank and in hand 167,780 170,277
429,851 360,087
CREDITORS
Amounts falling due within one year 6 (103,111 ) (109,812 )
NET CURRENT ASSETS 326,740 250,275
TOTAL ASSETS LESS CURRENT
LIABILITIES

356,296

282,275

CREDITORS
Amounts falling due after more than
one year

7

-

(40,510

)
NET ASSETS 356,296 241,765

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 356,196 241,665
356,296 241,765

Blue Horse Retail Limited (Registered number: 11417049)

Balance Sheet - continued
30 June 2023


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.

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 29 March 2024 and were signed on its behalf by:





C S Chahal - Director


Blue Horse Retail Limited (Registered number: 11417049)

Notes to the Financial Statements
for the Year Ended 30 June 2023


1. STATUTORY INFORMATION

Blue Horse Retail 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.

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.
Fixtures and fittings - 15% on reducing balance

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.

Blue Horse Retail Limited (Registered number: 11417049)

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2022 - 17 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 July 2022 32,000
Additions 2,618
At 30 June 2023 34,618
DEPRECIATION
Charge for year 5,062
At 30 June 2023 5,062
NET BOOK VALUE
At 30 June 2023 29,556
At 30 June 2022 32,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Amounts owed by group undertakings 57,071 -
Other debtors 145,000 129,810
202,071 129,810

Blue Horse Retail Limited (Registered number: 11417049)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 887 -
Trade creditors 55,633 90,458
Taxation and social security 43,954 15,361
Other creditors 2,637 3,993
103,111 109,812

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans - 40,510