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REGISTERED NUMBER: 14657563 (England and Wales)












Unaudited Financial Statements

for the Period 13 February 2023 to 31 March 2024

for

Heatherwold Equipark Operations Limited

Heatherwold Equipark Operations Limited (Registered number: 14657563)






Contents of the Financial Statements
for the Period 13 February 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Heatherwold Equipark Operations Limited

Company Information
for the Period 13 February 2023 to 31 March 2024







DIRECTORS: Dr J C Palmer
Ms A C Palmer





REGISTERED OFFICE: Heatherwold Stud
Flat 1, Ox Drove
Burghclere
Newbury
Berkshire
RG20 9DU





REGISTERED NUMBER: 14657563 (England and Wales)





ACCOUNTANTS: Butler & Co Alresford Limited
Chartered Accountants
The Old Stables
Sutton Manor Farm
Bishops Sutton
Alresford
Hampshire
SO24 0AA

Heatherwold Equipark Operations Limited (Registered number: 14657563)

Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 262,809

CURRENT ASSETS
Stocks 5 87,677
Debtors 6 3,493
Cash at bank 47,047
138,217
CREDITORS
Amounts falling due within one year 7 433,576
NET CURRENT LIABILITIES (295,359 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(32,550

)

PROVISIONS FOR LIABILITIES 9 4,987
NET LIABILITIES (37,537 )

CAPITAL AND RESERVES
Called up share capital 10 100
Retained earnings (37,637 )
SHAREHOLDERS' FUNDS (37,537 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 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 4 November 2024 and were signed on its behalf by:



Ms A C Palmer - Director


Heatherwold Equipark Operations Limited (Registered number: 14657563)

Notes to the Financial Statements
for the Period 13 February 2023 to 31 March 2024

1. STATUTORY INFORMATION

Heatherwold Equipark Operations 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost

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 period 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

Heatherwold Equipark Operations Limited (Registered number: 14657563)

Notes to the Financial Statements - continued
for the Period 13 February 2023 to 31 March 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
Additions 236,562 25,077 9,919 271,558
At 31 March 2024 236,562 25,077 9,919 271,558
DEPRECIATION
Charge for period - 6,269 2,480 8,749
At 31 March 2024 - 6,269 2,480 8,749
NET BOOK VALUE
At 31 March 2024 236,562 18,808 7,439 262,809

5. STOCKS
£   
Stocks 87,677

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 89
Prepayments 3,404
3,493

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 2,926
VAT 7,996
Other creditors 7,150
Directors' current accounts 413,404
Accrued expenses 2,100
433,576

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
£   
Within one year 72,000
Between one and five years 102,000
174,000

9. PROVISIONS FOR LIABILITIES
£   
Deferred tax 4,987

Heatherwold Equipark Operations Limited (Registered number: 14657563)

Notes to the Financial Statements - continued
for the Period 13 February 2023 to 31 March 2024

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Accelerated Capital Allowances 4,987
Balance at 31 March 2024 4,987

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary 1 100

11. RELATED PARTY DISCLOSURES

The directors maintain a loan account with the company. At the period end the company owed them £413,404. This loan is interest-free.

12. GOING CONCERN

The financial statements have been prepared on a going concern basis. In making this assessment, all information about the foreseeable future including the continued support of the directors has been taken into consideration.