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REGISTERED NUMBER: 05069631 (England and Wales)















SHADE OAK STUD BLOODSTOCK LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






SHADE OAK STUD BLOODSTOCK LIMITED (REGISTERED NUMBER: 05069631)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SHADE OAK STUD BLOODSTOCK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr P D Hockenhull
Mrs E Hockenhull





REGISTERED OFFICE: Shade Oak Stud
Bagley
Ellesmere
Shropshire
SY12 9BY





REGISTERED NUMBER: 05069631 (England and Wales)





ACCOUNTANTS: TCA (Shrewsbury) LLP
Third Floor
21 St Mary's Street
Shrewsbury
Shropshire
SY1 1ED

SHADE OAK STUD BLOODSTOCK LIMITED (REGISTERED NUMBER: 05069631)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 234,574 283,388

CURRENT ASSETS
Stocks 291,250 328,500
Debtors 5 149,114 224,345
Cash at bank and in hand 348,391 578,432
788,755 1,131,277
CREDITORS
Amounts falling due within one year 6 331,281 508,755
NET CURRENT ASSETS 457,474 622,522
TOTAL ASSETS LESS CURRENT
LIABILITIES

692,048

905,910

CREDITORS
Amounts falling due after more than one
year

7

-

(96,585

)

PROVISIONS FOR LIABILITIES (44,418 ) (53,844 )
NET ASSETS 647,630 755,481

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 645,630 753,481
647,630 755,481

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SHADE OAK STUD BLOODSTOCK LIMITED (REGISTERED NUMBER: 05069631)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 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 Board of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by:





Mr P D Hockenhull - Director


SHADE OAK STUD BLOODSTOCK LIMITED (REGISTERED NUMBER: 05069631)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Shade Oak Stud Bloodstock Limited is a private company, limited by shares, registered in England and
Wales. The company's registered number is 05069631 and registered office address is:
Shade Oak Stud
Bagley
Ellesmere
Shropshire
SY12 9BY

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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 14 ) .

SHADE OAK STUD BLOODSTOCK LIMITED (REGISTERED NUMBER: 05069631)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures Renewable
Plant and and energy
machinery fittings sources
£    £    £   
COST
At 1 January 2023
and 31 December 2023 51,729 16,025 483,666
DEPRECIATION
At 1 January 2023 48,793 16,025 267,614
Charge for year 1,568 - 19,346
At 31 December 2023 50,361 16,025 286,960
NET BOOK VALUE
At 31 December 2023 1,368 - 196,706
At 31 December 2022 2,936 - 216,052

Motor Property
vehicles improvements Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 200,458 32,005 783,883
DEPRECIATION
At 1 January 2023 136,058 32,005 500,495
Charge for year 27,900 - 48,814
At 31 December 2023 163,958 32,005 549,309
NET BOOK VALUE
At 31 December 2023 36,500 - 234,574
At 31 December 2022 64,400 - 283,388

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 118,542 190,783
Other debtors 30,572 33,562
149,114 224,345

SHADE OAK STUD BLOODSTOCK LIMITED (REGISTERED NUMBER: 05069631)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 228,562 303,463
Tax 1,390 1,723
Social security and other taxes 4,587 3,963
VAT 39,885 67,896
Directors' loan accounts 32,863 -
Accruals and deferred income 23,994 131,710
331,281 508,755

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Directors' loan accounts - 96,585

8. RELATED PARTY DISCLOSURES

During the year the company paid rent of £83,800 (2022: £83,800) to P D & E Hockenhull, a partnership that the directors are partners within.

Included within other creditors due in more than one year is a loan with P D & E Hockenhull of £32,863 (2022: Due in more than one year £96,585).

9. ULTIMATE CONTROLLING PARTY

The company is under the control of P & E Hockenhull, the directors, who between them are the majority shareholders.