HMF EQUESTRIAN LIMITED

Company Registration Number:
11557353 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 1 October 2022

End date: 30 September 2023

HMF EQUESTRIAN LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Additional notes
Balance sheet notes

HMF EQUESTRIAN LIMITED

Balance sheet

As at 30 September 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 10,548,648 9,972,235
Total fixed assets: 10,548,648 9,972,235
Current assets
Stocks: 4 4,773,498 4,056,068
Debtors: 5 62,811 304,528
Cash at bank and in hand: 17,575 627,874
Total current assets: 4,853,884 4,988,470
Prepayments and accrued income: 6,936 101
Creditors: amounts falling due within one year: 6 ( 18,609,116 ) ( 17,242,274 )
Net current assets (liabilities): (13,748,296) (12,253,703)
Total assets less current liabilities: (3,199,648) ( 2,281,468)
Total net assets (liabilities): (3,199,648) (2,281,468)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (3,199,748 ) (2,281,568 )
Total Shareholders' funds: ( 3,199,648 ) (2,281,468)

The notes form part of these financial statements

HMF EQUESTRIAN LIMITED

Balance sheet statements

For the year ending 30 September 2023 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 22 August 2024
and signed on behalf of the board by:

Name: Marc Christian Gachoud
Status: Director

The notes form part of these financial statements

HMF EQUESTRIAN LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of the asset.

    Other accounting policies

    Going concern. The company's financial statements have been prepared on a going concern basis as the director has indicated his willingness to continue to support the company.

HMF EQUESTRIAN LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

HMF EQUESTRIAN LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2022 9,349,542 329,250 751,557 10,430,349
Additions 644,604 41,651 59,000 745,255
Disposals
Revaluations
Transfers 51,010 51,010 0
At 30 September 2023 9,994,146 319,891 861,567 11,175,604
Depreciation
At 1 October 2022 333 71,732 386,049 458,114
Charge for year 667 66,251 101,924 168,842
On disposals
Other adjustments 32,175 32,175 0
At 30 September 2023 1,000 105,808 520,148 626,956
Net book value
At 30 September 2023 9,993,146 214,083 341,419 10,548,648
At 30 September 2022 9,349,209 257,518 365,508 9,972,235

HMF EQUESTRIAN LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Stocks

2023 2022
£ £
Stocks 4,773,498 4,056,068
Total 4,773,498 4,056,068

HMF EQUESTRIAN LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Debtors

2023 2022
£ £
Other debtors 62,811 304,528
Total 62,811 304,528

HMF EQUESTRIAN LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 179,106 52,246
Taxation and social security 3,859 1,704
Accruals and deferred income 10,570 14,985
Other creditors 18,415,581 17,173,339
Total 18,609,116 17,242,274

HMF EQUESTRIAN LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

7. Loans to directors

As at the year end, the company owed its director £18,413,493 (2022: £17,169,745). During the year, the company received monies of £1,833,597 from the director and made advances totalling £589,849 to the director.