Company Registration No. 12450879 (England and Wales)
Kate Hardt Saddlery Limited
Unaudited accounts
for the period from 1 March 2023 to 31 March 2024
Kate Hardt Saddlery Limited
Unaudited accounts
Contents
Kate Hardt Saddlery Limited
Company Information
for the period from 1 March 2023 to 31 March 2024
Company Number
12450879 (England and Wales)
Registered Office
High Lea Offley Hay
Bishops Offley
Stafford
Staffordshire
ST21 6HF
Accountants
Tyler Cobane Limited
29 Walton Way
Walton
Stone
Staffordshire
ST15 0JF
Kate Hardt Saddlery Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
-
4,178
Creditors: amounts falling due within one year
(36,494)
(46,946)
Net current liabilities
(36,494)
(37,497)
Total assets less current liabilities
(36,494)
(27,419)
Creditors: amounts falling due after more than one year
-
(10,552)
Net liabilities
(36,494)
(37,971)
Called up share capital
103
103
Profit and loss account
(36,597)
(38,074)
Shareholders' funds
(36,494)
(37,971)
For the period ending 31 March 2024 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 director acknowledges her 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 and authorised for issue on 13 June 2024 and were signed on its behalf by
C E Hardt
Director
Company Registration No. 12450879
Kate Hardt Saddlery Limited
Notes to the Accounts
for the period from 1 March 2023 to 31 March 2024
Kate Hardt Saddlery Limited is a private company, limited by shares, registered in England and Wales, registration number 12450879. The registered office is High Lea Offley Hay, Bishops Offley, Stafford, Staffordshire, ST21 6HF.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
20% on cost
Fixtures & fittings
10% on cost
Computer equipment
33% on cost
The accounts are prepared on a going concern basis despite the net liabilities position at the year end. The business is fully supported by the director.
Kate Hardt Saddlery Limited
Notes to the Accounts
for the period from 1 March 2023 to 31 March 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
10,217
6,331
2,803
19,351
Disposals
(10,217)
(6,331)
(2,803)
(19,351)
At 1 March 2023
5,149
1,583
2,541
9,273
Charge for the period
2,043
514
261
2,818
On disposals
(7,192)
(2,097)
(2,802)
(12,091)
At 28 February 2023
5,068
4,748
262
10,078
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
5,323
Other creditors
36,494
38,305
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the period the average number of employees was 0 (2023: 0).