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REGISTERED NUMBER: 06969817 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

NATIONAL SCHOOLS EQUESTRIAN ASSOCIATION
LTD

NATIONAL SCHOOLS EQUESTRIAN ASSOCIATION
LTD (REGISTERED NUMBER: 06969817)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NATIONAL SCHOOLS EQUESTRIAN ASSOCIATION
LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: Ms J Barker
Mrs S M Spear





REGISTERED OFFICE: Ground Floor
Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS





REGISTERED NUMBER: 06969817 (England and Wales)





ACCOUNTANTS: Wells Associates
Ground Floor Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS

NATIONAL SCHOOLS EQUESTRIAN ASSOCIATION
LTD (REGISTERED NUMBER: 06969817)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 1,688 1,384

CURRENT ASSETS
Debtors 5 1,000 1,000
Cash at bank 16,269 20,483
17,269 21,483
CREDITORS
Amounts falling due within one year 6 (12,647 ) (12,388 )
NET CURRENT ASSETS 4,622 9,095
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,310

10,479

CREDITORS
Amounts falling due after more than one
year

7

(19,052

)

(29,099

)
NET LIABILITIES (12,742 ) (18,620 )

RESERVES
Income and expenditure account (12,742 ) (18,620 )
(12,742 ) (18,620 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 surplus or deficit 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 23 April 2024 and were signed on its behalf by:





Ms J Barker - Director


NATIONAL SCHOOLS EQUESTRIAN ASSOCIATION
LTD (REGISTERED NUMBER: 06969817)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

National Schools Equestrian Association Ltd is a private company, limited by guarantee , 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.

Revenue
Revenue 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 - 25% on reducing balance
Computer equipment - 33.33% on cost

At each statement of financial position date, the company reviews the carrying amount of property, plant and equipment to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order ti determine the extent of any impairment loss, if any.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2022 4,405 1,315 5,720
Additions - 1,314 1,314
At 31 July 2023 4,405 2,629 7,034
DEPRECIATION
At 1 August 2022 3,587 749 4,336
Charge for year 205 805 1,010
At 31 July 2023 3,792 1,554 5,346
NET BOOK VALUE
At 31 July 2023 613 1,075 1,688
At 31 July 2022 818 566 1,384

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,000 1,000

NATIONAL SCHOOLS EQUESTRIAN ASSOCIATION
LTD (REGISTERED NUMBER: 06969817)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,048 9,788
Other creditors 2,599 2,600
12,647 12,388

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 19,052 29,099