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REGISTERED NUMBER: 07749665 (England and Wales)















STUBBEN RIDING EQUIPMENT UK & IRELAND
LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2023






STUBBEN RIDING EQUIPMENT UK & IRELAND
LIMITED (REGISTERED NUMBER: 07749665)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Accountants' Report 2

Statement of Financial Position 3 to 4

Notes to the Financial Statements 5 to 7


STUBBEN RIDING EQUIPMENT UK & IRELAND
LIMITED

Company Information
for the year ended 31 December 2023







Directors: Mr J N Stubben
Mr J R Stubben
Mr T Sexton





Registered office: Sky View, Argosy Road
East Midlands Airport
Castle Donington
Derby
Derbyshire
DE74 2SA





Registered number: 07749665 (England and Wales)





Accountants: Cooper Parry Advisory Limited
CUBO Birmingham
3rd Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX

Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Stubben Riding Equipment UK & Ireland
Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Stubben Riding Equipment UK & Ireland Limited for the year ended 31 December 2023 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Stubben Riding Equipment UK & Ireland Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Stubben Riding Equipment UK & Ireland Limited and state those matters that we have agreed to state to the Board of Directors of Stubben Riding Equipment UK & Ireland Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Stubben Riding Equipment UK & Ireland Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Stubben Riding Equipment UK & Ireland Limited. You consider that Stubben Riding Equipment UK & Ireland Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Stubben Riding Equipment UK & Ireland Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cooper Parry Advisory Limited
CUBO Birmingham
3rd Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX


Date: .............................................

STUBBEN RIDING EQUIPMENT UK & IRELAND
LIMITED (REGISTERED NUMBER: 07749665)

Statement of Financial Position
31 December 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 33,729 791

Current assets
Stocks 5 293,018 219,420
Debtors 6 105,947 38,458
Cash at bank 2,233 4,069
401,198 261,947
Creditors
Amounts falling due within one year 7 347,173 185,976
Net current assets 54,025 75,971
Total assets less current liabilities 87,754 76,762

Capital and reserves
Called up share capital 8 2 2
Retained earnings 87,752 76,760
Shareholders' funds 87,754 76,762

STUBBEN RIDING EQUIPMENT UK & IRELAND
LIMITED (REGISTERED NUMBER: 07749665)

Statement of Financial Position - continued
31 December 2023


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.

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 1 October 2024 and were signed on its behalf by:





Mr J N Stubben - Director


STUBBEN RIDING EQUIPMENT UK & IRELAND
LIMITED (REGISTERED NUMBER: 07749665)

Notes to the Financial Statements
for the year ended 31 December 2023

1. Statutory information

Stubben Riding Equipment UK & Ireland Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Fixed assets
All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 33% straight line basis
Fixtures & Fittings - 20% - 33% straight line basis
Motor Vehicles - 33% straight line basis
Equipment- 20% - 33% straight line basis

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

STUBBEN RIDING EQUIPMENT UK & IRELAND
LIMITED (REGISTERED NUMBER: 07749665)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

2. Accounting policies - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Employees and directors

The average number of employees during the year was 4 (2022 - 4 ) .

4. Tangible fixed assets
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£ £ £ £ £
Cost
At 1 January 2023 5,740 11,466 5,000 6,020 28,226
Additions - - 36,555 1,146 37,701
At 31 December 2023 5,740 11,466 41,555 7,166 65,927
Depreciation
At 1 January 2023 5,737 11,461 4,999 5,238 27,435
Charge for year - - 4,266 497 4,763
At 31 December 2023 5,737 11,461 9,265 5,735 32,198
Net book value
At 31 December 2023 3 5 32,290 1,431 33,729
At 31 December 2022 3 5 1 782 791

5. Stocks
2023 2022
£ £
Finished goods 293,018 219,420

6. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 86,020 27,997
Deposits 975 976
Other debtors 7,208 4,232
Prepayments 11,744 5,253
105,947 38,458

STUBBEN RIDING EQUIPMENT UK & IRELAND
LIMITED (REGISTERED NUMBER: 07749665)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

7. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 7,130 1,506
Amounts owed to group undertakings 270,339 159,444
Corporation tax 3,287 5,535
VAT 10,838 6,251
Other creditors 49,423 7,084
Accruals and deferred income 6,156 6,156
347,173 185,976

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
1 Ordinary £1 2 2

9. Leasing agreements

Minimum lease payments falling due on non-cancellable operating leases amount to £22,999 (2022: £20,806).

10. Related party disclosures

The company was under the control of Johannes Ralph Stubben and Jan Niklas Stubben throughout the year.

During the year the company made sales of £255,793 (2022: £194,071) and purchases of £180,701 (2022: £125,143 from Stübben GmbH, of which Johannes Stübben is a director.

Included in creditors is a balance of £221,756 (2022: £113,388) due to Stubben GmbH, Germany.

Included in creditors is a balance of £48,583 (2022: £46,056) due to Stubben Steeltec GmbH, Germany.