BrightAccountsProduction v1.0.0 v1.0.0 2023-03-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts FRS 105 Accounts The principal activity of the company is the operation of an equestrian sporting venue. 28 November 2024 1 1 NI063297 2024-02-29 NI063297 2023-02-28 NI063297 2022-02-28 NI063297 2023-03-01 2024-02-29 NI063297 2022-03-01 2023-02-28 NI063297 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 NI063297 uk-curr:PoundSterling 2023-03-01 2024-02-29 NI063297 uk-bus:AbridgedAccounts 2023-03-01 2024-02-29 NI063297 uk-core:CapitalReserve 2024-02-29 NI063297 uk-core:CapitalReserve 2023-02-28 NI063297 2023-03-01 2024-02-29 NI063297 uk-bus:CompanySecretaryDirector1 2023-03-01 2024-02-29 NI063297 uk-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 NI063297 uk-bus:Micro-entities 2023-03-01 2024-02-29 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
Kernan Equestrian Centre Limited
 
Unaudited Financial Statements
 
for the financial year ended 29 February 2024



Kernan Equestrian Centre Limited
Company Registration Number: NI063297
BALANCE SHEET
as at 29 February 2024

    2024   2023
  £   £
 
Fixed Assets 184,550   186,516
  ─────────   ─────────
Current assets 116,273   102,151
Creditors: amounts falling due within one year (351,592)   (338,458)
  ─────────   ─────────
Net Current Liabilities (235,319)   (236,307)
  ─────────   ─────────
Total Assets less Current Liabilities (50,769)   (49,791)
Creditors: amounts falling due after more than one year (3,133)   (6,805)
Accruals and deferred income (3,000)   (11,000)
  ─────────   ─────────
Net Liabilities (56,902)   (67,596)
  ═════════   ═════════
 
Capital and Reserves (56,902)   (67,596)
  ═════════   ═════════
 
Notes to the Financial statements
   
1. General Information
 
Kernan Equestrian Centre Limited is a private company limited by shares incorporated in Northern Ireland. The registered office address of the company is 29 Newry Road, Crossmaglen, Newry, Co. Down, BT35 9HH, Northern Ireland which is also the principal place of business of the company.

The financial statements cover the financial year ended 28th February 2024 and are presented in Pound Sterling (£) which is also the functional currency of the company.
       
2. Employees
 
The average monthly number of employees, including director, during the financial year was;
 
  2024 2023
  Number Number
 
Directors 1 1
  ═════════ ═════════
     
For the financial year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
 
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
 
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
 
These financial statements have been prepared in accordance with the provisions available to micro-entities in Part 15 of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
 
The company has taken advantage of the exemption under section 444 not to file the Director's Report, Abridged Profit and Loss Account.
 
Approved by the Director on 28 November 2024 and signed by:
 
   
________________________________  
Mr. James Kernan  
Director