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Company Registration No. 08013073 (England and Wales)
Seren Equestrian Ltd Unaudited accounts for the year ended 31 October 2023
Seren Equestrian Ltd Unaudited accounts Contents
Page
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Seren Equestrian Ltd Company Information for the year ended 31 October 2023
Director
Paul Jeary
Company Number
08013073 (England and Wales)
Registered Office
29 GILDREDGE ROAD EASTBOURNE EAST SUSSEX BN21 4RU
Accountants
TJ UK Accounting Ltd 132 Penrith Avenue Ashton under Lyne Lancashire OL7 9JQ
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Seren Equestrian Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,344 
23,881 
Current assets
Inventories
79,550 
91,969 
Debtors
11,470 
9,349 
Cash at bank and in hand
(2,212)
(1,548)
88,808 
99,770 
Creditors: amounts falling due within one year
(357,696)
(237,964)
Net current liabilities
(268,888)
(138,194)
Total assets less current liabilities
(250,544)
(114,313)
Creditors: amounts falling due after more than one year
(20,569)
(36,033)
Provisions for liabilities
Deferred tax
(3,425)
(4,679)
Net liabilities
(274,538)
(155,025)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(274,638)
(155,125)
Shareholders' funds
(274,538)
(155,025)
For the year ending 31 October 2023 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 his 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 30 July 2024 and were signed on its behalf by
Paul Jeary Director Company Registration No. 08013073
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Seren Equestrian Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Seren Equestrian Ltd is a private company, limited by shares, registered in England and Wales, registration number 08013073. The registered office is 29 GILDREDGE ROAD, EASTBOURNE, EAST SUSSEX, BN21 4RU.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
25% RB
Motor vehicles
25% RB
Fixtures & fittings
25% RB
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
954 
31,500 
9,034 
41,488 
Additions
325 
- 
252 
577 
At 31 October 2023
1,279 
31,500 
9,286 
42,065 
Depreciation
At 1 November 2022
239 
13,781 
3,587 
17,607 
Charge for the year
260 
4,430 
1,424 
6,114 
At 31 October 2023
499 
18,211 
5,011 
23,721 
Net book value
At 31 October 2023
780 
13,289 
4,275 
18,344 
At 31 October 2022
715 
17,719 
5,447 
23,881 
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Seren Equestrian Ltd Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
5,470 
8,681 
Trade debtors
5,800 
468 
Other debtors
200 
200 
11,470 
9,349 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,000 
8,657 
Trade creditors
33,992 
3,762 
Amounts owed to group undertakings and other participating interests
256,948 
186,688 
Other creditors
(100)
- 
Loans from directors
48,191 
38,192 
Accruals
665 
665 
Deferred income
9,000 
- 
357,696 
237,964 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
20,569 
23,133 
Deferred income
- 
12,900 
20,569 
36,033 
8
Transactions with related parties
At the balance sheet date £62,812 was owed to (2021 : £54,812 owed to) connected companies. These loans were not on normal commercial terms. No interest was charged on these balances.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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