Acorah Software Products - Accounts Production 16.0.110 false true false 11 July 2023 31 July 2024 31 July 2024 14995145 Mr C L Dyson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14995145 2023-07-10 14995145 2024-07-31 14995145 2023-07-11 2024-07-31 14995145 frs-core:CurrentFinancialInstruments 2024-07-31 14995145 frs-core:ComputerEquipment 2024-07-31 14995145 frs-core:ComputerEquipment 2023-07-11 2024-07-31 14995145 frs-core:ComputerEquipment 2023-07-10 14995145 frs-core:PlantMachinery 2024-07-31 14995145 frs-core:PlantMachinery 2023-07-11 2024-07-31 14995145 frs-core:PlantMachinery 2023-07-10 14995145 frs-core:ShareCapital 2024-07-31 14995145 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 14995145 frs-bus:PrivateLimitedCompanyLtd 2023-07-11 2024-07-31 14995145 frs-bus:FilletedAccounts 2023-07-11 2024-07-31 14995145 frs-bus:SmallEntities 2023-07-11 2024-07-31 14995145 frs-bus:AuditExemptWithAccountantsReport 2023-07-11 2024-07-31 14995145 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-11 2024-07-31 14995145 frs-bus:OrdinaryShareClass2 2023-07-11 2024-07-31 14995145 frs-bus:OrdinaryShareClass2 2024-07-31 14995145 frs-bus:OrdinaryShareClass3 2023-07-11 2024-07-31 14995145 frs-bus:OrdinaryShareClass3 2024-07-31 14995145 frs-core:DeferredTaxation 2023-07-11 2024-07-31 14995145 frs-core:DeferredTaxation 2024-07-31 14995145 frs-bus:Director1 2023-07-11 2024-07-31 14995145 frs-countries:EnglandWales 2023-07-11 2024-07-31
Registered number: 14995145
C D Equestrian Limited
Unaudited Financial Statements
For the Period 11 July 2023 to 31 July 2024
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of C D Equestrian Limited for the period 11 July 2023 to 31 July 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of C D Equestrian Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of C D Equestrian Limited , as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of C D Equestrian Limited and state those matters that we have agreed to state to the director of C D Equestrian Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than C D Equestrian Limited and its director as a body for our work or for this report.
It is your duty to ensure that C D Equestrian Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of C D Equestrian Limited . You consider that C D Equestrian Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of C D Equestrian 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 financial statements.
Signed
30 October 2024
Raven Accounting (West Midlands) Limited
Chartered Certified Accountants
9-11 Stratford Road
Shirley
Solihull
B90 3LU
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Page 2
Balance Sheet
Registered number: 14995145
31 July 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 10,513
10,513
CURRENT ASSETS
Debtors 5 777
Cash at bank and in hand 30,150
30,927
Creditors: Amounts Falling Due Within One Year 6 (32,627 )
NET CURRENT ASSETS (LIABILITIES) (1,700 )
TOTAL ASSETS LESS CURRENT LIABILITIES 8,813
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,998 )
NET ASSETS 6,815
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account 6,715
SHAREHOLDERS' FUNDS 6,815
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For the period ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr C L Dyson
Director
30 October 2024
The notes on pages 4 to 6 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
C D Equestrian Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14995145 . The registered office is 9-11 Stratford Road, Shirley, Solihull, B90 3LU.
The presentation currency of the financial statements is the Pound Sterling (£).
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% on reducing balance
Computer Equipment 20% on cost
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
4Average number of employees, including directors, during the period was: 4
4
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 11 July 2023 - - -
Additions 12,658 484 13,142
As at 31 July 2024 12,658 484 13,142
Depreciation
As at 11 July 2023 - - -
Provided during the period 2,532 97 2,629
As at 31 July 2024 2,532 97 2,629
Net Book Value
As at 31 July 2024 10,126 387 10,513
As at 11 July 2023 - - -
5. Debtors
31 July 2024
£
Due within one year
Other debtors 777
6. Creditors: Amounts Falling Due Within One Year
31 July 2024
£
Trade creditors 11,975
Other creditors 3,312
Taxation and social security 17,340
32,627
7. Provisions for Liabilities
Deferred Tax Total
£ £
Utilised 1,998 1,998
Balance at 31 July 2024 1,998 1,998
8. Share Capital
31 July 2024
Allotted, called up and fully paid £
99 Ordinary A shares of £ 1 each 99
1 Ordinary B shares of £ 1 each 1
100
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9. Related Party Transactions
The director of the company has received dividends in the year ended 31 July 2024 which totalled £40,000.
The director of the company has loaned the company money which is interest free, unsecured and repayable on demand. The amounts outstanding at 31 July 2024 are £1,016.
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