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Company Registration No. 07420960 (England and Wales)
White Horse Equestrian Centre Limited Unaudited accounts for the year ended 31 October 2023
White Horse Equestrian Centre Limited Unaudited accounts Contents
Page
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White Horse Equestrian Centre Limited Company Information for the year ended 31 October 2023
Director
C Kennerly
Company Number
07420960 (England and Wales)
Registered Office
123 Cross Lane East Gravesend Kent DA12 5HA
Accountants
Clayton Stirling 123 Cross Lane East Gravesend Kent DA12 5HA
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White Horse Equestrian Centre Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,848 
14,502 
Current assets
Debtors
14,076 
26,966 
Cash at bank and in hand
5,052 
5,946 
19,128 
32,912 
Creditors: amounts falling due within one year
(12,633)
(9,235)
Net current assets
6,495 
23,677 
Total assets less current liabilities
18,343 
38,179 
Creditors: amounts falling due after more than one year
(33,826)
(40,980)
Net liabilities
(15,483)
(2,801)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(15,485)
(2,803)
Shareholders' funds
(15,483)
(2,801)
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 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 31 July 2024 and were signed on its behalf by
C Kennerly Director Company Registration No. 07420960
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White Horse Equestrian Centre Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
White Horse Equestrian Centre Limited is a private company, limited by shares, registered in England and Wales, registration number 07420960. The registered office is 123 Cross Lane East, Gravesend, Kent, DA12 5HA.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates. 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% reducing balance basis
Fixtures & fittings
20% straight line basis
Going concern
The financial statements have been prepared on a going concern basis as the director has indicated she will continue to provide finance to meet ongoing costs.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
20,643 
4,128 
24,771 
Additions
650 
- 
650 
At 31 October 2023
21,293 
4,128 
25,421 
Depreciation
At 1 November 2022
8,471 
1,798 
10,269 
Charge for the year
2,478 
826 
3,304 
At 31 October 2023
10,949 
2,624 
13,573 
Net book value
At 31 October 2023
10,344 
1,504 
11,848 
At 31 October 2022
12,172 
2,330 
14,502 
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White Horse Equestrian Centre Limited Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
3,194 
- 
Other debtors
10,882 
26,966 
14,076 
26,966 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,169 
7,542 
Taxes and social security
- 
1,110 
Loans from directors
1,397 
- 
Accruals
1,067 
583 
12,633 
9,235 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
33,826 
40,980 
Aggregate of amounts that fall due for payment after five years
19,535 
20,352 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
C Kennerly
Director
16,966 
21,499 
39,862 
(1,397)
16,966 
21,499 
39,862 
(1,397)
9
Average number of employees
During the year the average number of employees was 4 (2022: 3).
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