2023-01-012023-12-312023-12-31false09331624CUSTOM SADDLERY LTD2024-07-0215120iso4217:GBPxbrli:pure093316242023-01-01093316242023-12-31093316242023-01-012023-12-31093316242022-01-01093316242022-12-31093316242022-01-012022-12-3109331624bus:SmallEntities2023-01-012023-12-3109331624bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3109331624bus:FullAccounts2023-01-012023-12-3109331624bus:PrivateLimitedCompanyLtd2023-01-012023-12-3109331624core:WithinOneYear2023-12-3109331624core:AfterOneYear2023-12-3109331624core:WithinOneYear2022-12-3109331624core:AfterOneYear2022-12-3109331624core:ShareCapital2023-12-3109331624core:SharePremium2023-12-3109331624core:RevaluationReserve2023-12-3109331624core:OtherReservesSubtotal2023-12-3109331624core:RetainedEarningsAccumulatedLosses2023-12-3109331624core:ShareCapital2022-12-3109331624core:SharePremium2022-12-3109331624core:RevaluationReserve2022-12-3109331624core:OtherReservesSubtotal2022-12-3109331624core:RetainedEarningsAccumulatedLosses2022-12-3109331624core:LandBuildings2023-12-3109331624core:PlantMachinery2023-12-3109331624core:Vehicles2023-12-3109331624core:FurnitureFittings2023-12-3109331624core:OfficeEquipment2023-12-3109331624core:NetGoodwill2023-12-3109331624core:IntangibleAssetsOtherThanGoodwill2023-12-3109331624core:ListedExchangeTraded2023-12-3109331624core:UnlistedNon-exchangeTraded2023-12-3109331624core:LandBuildings2022-12-3109331624core:PlantMachinery2022-12-3109331624core:Vehicles2022-12-3109331624core:FurnitureFittings2022-12-3109331624core:OfficeEquipment2022-12-3109331624core:NetGoodwill2022-12-3109331624core:IntangibleAssetsOtherThanGoodwill2022-12-3109331624core:ListedExchangeTraded2022-12-3109331624core:UnlistedNon-exchangeTraded2022-12-3109331624core:LandBuildings2023-01-012023-12-3109331624core:PlantMachinery2023-01-012023-12-3109331624core:Vehicles2023-01-012023-12-3109331624core:FurnitureFittings2023-01-012023-12-3109331624core:OfficeEquipment2023-01-012023-12-3109331624core:NetGoodwill2023-01-012023-12-3109331624core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3109331624core:ListedExchangeTraded2023-01-012023-12-3109331624core:UnlistedNon-exchangeTraded2023-01-012023-12-3109331624core:MoreThanFiveYears2023-01-012023-12-3109331624core:Non-currentFinancialInstruments2023-12-3109331624core:Non-currentFinancialInstruments2022-12-3109331624dpl:CostSales2023-01-012023-12-3109331624dpl:DistributionCosts2023-01-012023-12-3109331624core:LandBuildings2023-01-012023-12-3109331624core:PlantMachinery2023-01-012023-12-3109331624core:Vehicles2023-01-012023-12-3109331624core:FurnitureFittings2023-01-012023-12-3109331624core:OfficeEquipment2023-01-012023-12-3109331624dpl:AdministrativeExpenses2023-01-012023-12-3109331624core:NetGoodwill2023-01-012023-12-3109331624core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3109331624dpl:GroupUndertakings2023-01-012023-12-3109331624dpl:ParticipatingInterests2023-01-012023-12-3109331624dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3109331624core:ListedExchangeTraded2023-01-012023-12-3109331624dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3109331624core:UnlistedNon-exchangeTraded2023-01-012023-12-3109331624dpl:CostSales2022-01-012022-12-3109331624dpl:DistributionCosts2022-01-012022-12-3109331624core:LandBuildings2022-01-012022-12-3109331624core:PlantMachinery2022-01-012022-12-3109331624core:Vehicles2022-01-012022-12-3109331624core:FurnitureFittings2022-01-012022-12-3109331624core:OfficeEquipment2022-01-012022-12-3109331624dpl:AdministrativeExpenses2022-01-012022-12-3109331624core:NetGoodwill2022-01-012022-12-3109331624core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3109331624dpl:GroupUndertakings2022-01-012022-12-3109331624dpl:ParticipatingInterests2022-01-012022-12-3109331624dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3109331624core:ListedExchangeTraded2022-01-012022-12-3109331624dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3109331624core:UnlistedNon-exchangeTraded2022-01-012022-12-3109331624core:NetGoodwill2023-12-3109331624core:IntangibleAssetsOtherThanGoodwill2023-12-3109331624core:LandBuildings2023-12-3109331624core:PlantMachinery2023-12-3109331624core:Vehicles2023-12-3109331624core:FurnitureFittings2023-12-3109331624core:OfficeEquipment2023-12-3109331624core:AfterOneYear2023-12-3109331624core:WithinOneYear2023-12-3109331624core:ListedExchangeTraded2023-12-3109331624core:UnlistedNon-exchangeTraded2023-12-3109331624core:ShareCapital2023-12-3109331624core:SharePremium2023-12-3109331624core:RevaluationReserve2023-12-3109331624core:OtherReservesSubtotal2023-12-3109331624core:RetainedEarningsAccumulatedLosses2023-12-3109331624core:NetGoodwill2022-12-3109331624core:IntangibleAssetsOtherThanGoodwill2022-12-3109331624core:LandBuildings2022-12-3109331624core:PlantMachinery2022-12-3109331624core:Vehicles2022-12-3109331624core:FurnitureFittings2022-12-3109331624core:OfficeEquipment2022-12-3109331624core:AfterOneYear2022-12-3109331624core:WithinOneYear2022-12-3109331624core:ListedExc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CUSTOM SADDLERY LTD

Registered Number
09331624
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

CUSTOM SADDLERY LTD
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

HINTON, Stuart
SOMERFIELD, Mark Neil
SOMERFIELD, Sophie Lucia
WALLACE, Cary Martin

Registered Address

Unit 2 Westpoint Middlemore Lane West
Aldridge
Walsall
WS9 8BG

Registered Number

09331624 (England and Wales)
CUSTOM SADDLERY LTD
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets133,976119,878
133,976119,878
Current assets
Stocks3202,972202,972
Debtors378,040279,357
Cash at bank and on hand97,59370,506
678,605552,835
Creditors amounts falling due within one year4(328,006)(280,264)
Net current assets (liabilities)350,599272,571
Total assets less current liabilities484,575392,449
Creditors amounts falling due after one year5(76,783)(76,783)
Net assets407,792315,666
Capital and reserves
Called up share capital100100
Profit and loss account407,692315,566
Shareholders' funds407,792315,666
The financial statements were approved and authorised for issue by the Board of Directors on 2 July 2024, and are signed on its behalf by:
WALLACE, Cary Martin
Director
Registered Company No. 09331624
CUSTOM SADDLERY LTD
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20232022
Average number of employees during the year4343
3.Stocks

2023

2022

££
Other stocks202,972202,972
Total202,972202,972
4.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables246,034263,032
Taxation and social security4,153-
Other creditors13,979-
Accrued liabilities and deferred income63,84017,232
Total328,006280,264
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts76,78376,783
Total76,78376,783