Registered number
11378796
Rookie Equestrian Limited
Filleted Accounts
31 May 2023
Rookie Equestrian Limited
Registered number: 11378796
Balance Sheet
as at 31 May 2023
Notes 2023 2022
£ £
Current assets
Stocks 4,100 4,100
Debtors 3 640 593
Cash at bank and in hand 71 1,107
4,811 5,800
Creditors: amounts falling due within one year 4 (310,074) (223,475)
Net current liabilities (305,263) (217,675)
Net liabilities (305,263) (217,675)
Capital and reserves
Share premium 2 2
Profit and loss account (305,265) (217,677)
Shareholders' funds (305,263) (217,675)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J Lindop
Director
Approved by the board on 14 March 2024
Rookie Equestrian Limited
Notes to the Accounts
for the year ended 31 May 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services providing stables for horses . Turnover from the rendering of services is recognised by when the service is provided.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
Unrelieved tax losses are recognised only to the extent that it is probable that they will be recovered against the reversal of future taxable profits.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2023 2022
£ £
Other debtors 640 593
4 Creditors: amounts falling due within one year 2023 2022
£ £
Director's loan account 307,303 221,975
Taxation and social security costs 971 -
Other creditors 1,800 1,500
310,074 223,475
5 Other information
Rookie Equestrian Limited is a private company limited by shares and incorporated in England. Its registered office is:
The Garden Cottage
Kiddington Hall
Kiddington Hall
OX20 1BX
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