Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
29 February 2024
Director |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Intangible assets | 4 | |||||||
Tangible assets | 5 | |||||||
Investments | 6 | |||||||
Current assets | ||||||||
Stocks | 7 | |||||||
Debtors | 8 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 9 | ( | ( | |||||
Net current assets (liabilities) | ||||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | 10 | ( | ( | |||||
Provisions for liabilities | 12 | ( | ( | |||||
Net assets | ||||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Profit and loss account | ||||||||
Shareholders' funds |
The financial statements were approved and authorised for issue by the Director on 23 October 2024, and are signed on its behalf by: |
Director Registered Company No. 09401340 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Basis of preparation | |
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Functional and presentation currency | |
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Turnover policy | |
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Employee benefits | |
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Finance costs | |
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Foreign currency translation | |
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Current taxation | |
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Deferred tax | |
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Intangible assets | |
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Tangible fixed assets and depreciation | |
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Straight line (years) | ||
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Plant and machinery | ||
Vehicles | ||
Office Equipment |
Investments | |
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Finance leases and hire purchase contracts | |
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Stocks and work in progress | |
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Related parties | |
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2. | Average number of employees |
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2024 | 2023 | |||
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Average number of employees during the year |
3. | Deferred tax |
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Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised. |
4. | Intangible assets |
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Goodwill | Total | |||
---|---|---|---|---|
£ | £ | |||
Cost or valuation | ||||
At 01 March 23 | ||||
At 29 February 24 | ||||
Amortisation and impairment | ||||
At 01 March 23 | ||||
Charge for year | ||||
At 29 February 24 | ||||
Net book value | ||||
At 29 February 24 | ||||
At 28 February 23 |
5. | Tangible fixed assets |
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Plant & machinery | Vehicles | Office Equipment | Total | |||||
---|---|---|---|---|---|---|---|---|
£ | £ | £ | £ | |||||
Cost or valuation | ||||||||
At 01 March 23 | ||||||||
Additions | ||||||||
At 29 February 24 | ||||||||
Depreciation and impairment | ||||||||
At 01 March 23 | ||||||||
Charge for year | ||||||||
Other adjustments | ||||||||
At 29 February 24 | ||||||||
Net book value | ||||||||
At 29 February 24 | ||||||||
At 28 February 23 |
6. | Fixed asset investments |
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The company has invested in race horses. |
Other investments1 | Total | |||
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£ | £ | |||
Cost or valuation | ||||
At 01 March 23 | ||||
Additions | ||||
At 29 February 24 | ||||
Net book value | ||||
At 29 February 24 | ||||
At 28 February 23 |
Notes | |
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1Other investments other than loans |
7. | Stocks |
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2024 | 2023 | |||
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£ | £ | |||
Work in progress | ||||
Other stocks | ||||
Total |
8. | Debtors: amounts due within one year |
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2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Trade debtors / trade receivables | ||||
Other debtors | ||||
Prepayments and accrued income | ||||
Total |
9. | Creditors: amounts due within one year |
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2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Trade creditors / trade payables | ||||
Bank borrowings and overdrafts | ||||
Taxation and social security | ||||
Finance lease and HP contracts | ||||
Other creditors | ||||
Accrued liabilities and deferred income | ||||
Total |
10. | Creditors: amounts due after one year |
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2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Bank borrowings and overdrafts | ||||
Other creditors | ||||
Total |
11. | Obligations under finance leases |
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2024 | 2023 | |||
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£ | £ | |||
Finance lease and HP contracts |
12. | Provisions for liabilities |
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2024 | 2023 | |||
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£ | £ | |||
Net deferred tax liability (asset) | ||||
Total |
13. | Related party transactions |
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