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REGISTERED NUMBER: 14700241 (England and Wales)












Unaudited Financial Statements

for the Period 2 March 2023 to 31 March 2024

for

LB Sports Horses Ltd

LB Sports Horses Ltd (Registered number: 14700241)






Contents of the Financial Statements
for the Period 2 March 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LB Sports Horses Ltd

Company Information
for the Period 2 March 2023 to 31 March 2024







DIRECTORS: L J Bradley
H R Bradley





REGISTERED OFFICE: Exton Stud
Allens Farm Lane
Exton
Hampshire
SO32 3NW





REGISTERED NUMBER: 14700241 (England and Wales)





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

LB Sports Horses Ltd (Registered number: 14700241)

Balance Sheet
31 March 2024

Notes £   
CURRENT ASSETS
Debtors 4 33,586
Cash at bank 4,540
38,126
CREDITORS
Amounts falling due within one year 5 11,440
NET CURRENT ASSETS 26,686
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,686

CAPITAL AND RESERVES
Called up share capital 6 100
Retained earnings 26,586
SHAREHOLDERS' FUNDS 26,686

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 27 November 2024 and were signed on its behalf by:





H R Bradley - Director


LB Sports Horses Ltd (Registered number: 14700241)

Notes to the Financial Statements
for the Period 2 March 2023 to 31 March 2024

1. STATUTORY INFORMATION

LB Sports Horses Ltd 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.

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.

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

The average number of employees during the period was NIL.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 1,560
L B Equestrian 32,026
33,586

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Corporation tax 7,644
Other creditors 500
Directors' current accounts 2,156
Accrued expenses 1,140
11,440

6. CALLED UP SHARE CAPITAL

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

LB Sports Horses Ltd (Registered number: 14700241)

Notes to the Financial Statements - continued
for the Period 2 March 2023 to 31 March 2024

6. CALLED UP SHARE CAPITAL - continued

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .

7. RELATED PARTY DISCLOSURES

During the period, total dividends of £6,000 were paid to the directors .

The directors maintain loan accounts with the company. At the period end the company owed them £2,156.

At the period end the company owed £32,026 to L B Equestrian, a partnership owned and controlled by the directors.