CP Equestrian Ltd 14656064 false 2023-02-10 2024-02-28 2024-02-28 The principal activity of the company is raising of horses and other equines. Digita Accounts Production Advanced 6.30.9574.0 true 14656064 2023-02-10 2024-02-28 14656064 2024-02-28 14656064 core:RetainedEarningsAccumulatedLosses 2024-02-28 14656064 core:ShareCapital 2024-02-28 14656064 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-28 14656064 bus:SmallEntities 2023-02-10 2024-02-28 14656064 bus:AuditExemptWithAccountantsReport 2023-02-10 2024-02-28 14656064 bus:FullAccounts 2023-02-10 2024-02-28 14656064 bus:SmallCompaniesRegimeForAccounts 2023-02-10 2024-02-28 14656064 bus:RegisteredOffice 2023-02-10 2024-02-28 14656064 bus:Director1 2023-02-10 2024-02-28 14656064 bus:PrivateLimitedCompanyLtd 2023-02-10 2024-02-28 14656064 countries:EnglandWales 2023-02-10 2024-02-28 iso4217:GBP xbrli:pure

Registration number: 14656064

CP Equestrian Ltd

Unaudited Financial Statements

for the Period from 10 February 2023 to 28 February 2024

 

CP Equestrian Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

CP Equestrian Ltd

(Registration number: 14656064)
Balance Sheet as at 28 February 2024

Note

2024
£

Current assets

 

Stocks

16,689

Cash at bank and in hand

 

9,878

 

26,567

Creditors: Amounts falling due within one year

4

(35,825)

Net liabilities

 

(9,258)

Capital and reserves

 

Called up share capital

2

Retained earnings

(9,260)

Shareholders' deficit

 

(9,258)

For the financial period ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 October 2024
 

.........................................
Miss C Pritchard
Director

 

CP Equestrian Ltd

Notes to the Unaudited Financial Statements for the Period from 10 February 2023 to 28 February 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Newfields Farm
Rownall Road
Westley Rocks
Stoke-On-Trent
ST9 0BS

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

CP Equestrian Ltd

Notes to the Unaudited Financial Statements for the Period from 10 February 2023 to 28 February 2024

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Accruals and deferred income

1,150

Other creditors

34,675

35,825