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REGISTERED NUMBER: 12082265 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Hollie Swain Eventing Ltd

Hollie Swain Eventing Ltd (Registered number: 12082265)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hollie Swain Eventing Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Miss H L Swain





REGISTERED OFFICE: 127 New Road
Chilworth
Guildford
Surrey
GU4 8LZ





REGISTERED NUMBER: 12082265 (England and Wales)





ACCOUNTANTS: Don Roper Accountant Limited
Linden Lea
Allington Lane
West End
Southampton
Hampshire
SO30 3HQ

Hollie Swain Eventing Ltd (Registered number: 12082265)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,117 854

CURRENT ASSETS
Debtors 5 11,976 34,089
Cash at bank 5,751 1,060
17,727 35,149
CREDITORS
Amounts falling due within one year 6 19,124 35,655
NET CURRENT LIABILITIES (1,397 ) (506 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,720

348

CREDITORS
Amounts falling due after more than one
year

7

9,122

-
NET ASSETS 9,598 348

CAPITAL AND RESERVES
Called up share capital 8 12 12
Retained earnings 9 9,586 336
SHAREHOLDERS' FUNDS 9,598 348

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 director acknowledges her 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.

Hollie Swain Eventing Ltd (Registered number: 12082265)

Balance Sheet - continued
31 July 2023


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 director and authorised for issue on 4 April 2024 and were signed by:





Miss H L Swain - Director


Hollie Swain Eventing Ltd (Registered number: 12082265)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Hollie Swain Eventing Ltd 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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 3 ) .

Hollie Swain Eventing Ltd (Registered number: 12082265)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2022 1,438 - - 1,438
Additions - 20,000 411 20,411
At 31 July 2023 1,438 20,000 411 21,849
DEPRECIATION
At 1 August 2022 584 - - 584
Charge for year 214 833 101 1,148
At 31 July 2023 798 833 101 1,732
NET BOOK VALUE
At 31 July 2023 640 19,167 310 20,117
At 31 July 2022 854 - - 854

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 2,882 9,499
Other debtors 2,145 2,145
Directors' current accounts - 16,781
Tax 5,664 5,664
Prepayments 1,285 -
11,976 34,089

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors 2,516 4,106
Corporation tax (1,413 ) 14,077
Social security and other taxes 209 -
VAT 12,369 16,452
Directors' current accounts 2,006 -
Accrued expenses 3,437 1,020
19,124 35,655

Hollie Swain Eventing Ltd (Registered number: 12082265)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans - 2-5 years 9,122 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
12 Ordinary £1 12 12

9. RESERVES
Retained
earnings
£   

At 1 August 2022 336
Profit for the year 11,250
Dividends (2,000 )
At 31 July 2023 9,586

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2023 and 31 July 2022:

31.7.23 31.7.22
£    £   
Miss H L Swain
Balance outstanding at start of year 16,782 (592 )
Amounts advanced 22,821 64,408
Amounts repaid (41,608 ) (47,034 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,005 ) 16,782

11. RELATED PARTY DISCLOSURES

The company was under the control of Miss H L Swain throughout the current period. Miss H L Swain is the managing director and majority shareholder.

No transactions with related parties were undertaken such as are required to be disclosed under Section 1a (Small Entities) for Financial Reporting Standard 102.