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REGISTERED NUMBER: 10735236 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

THE COTSWOLD EQUESTRIAN CLUB LIMITED

THE COTSWOLD EQUESTRIAN CLUB LIMITED (REGISTERED NUMBER: 10735236)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE COTSWOLD EQUESTRIAN CLUB LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTOR: Mrs C K Dunkerton





REGISTERED OFFICE: Kingscott Dix (Cheltenham) Ltd
Rockfield Business Park
Old Station Drive, Leckhampton
Cheltenham
Gloucestershire
GL53 0AN





REGISTERED NUMBER: 10735236 (England and Wales)





ACCOUNTANTS: Kingscott Dix (Cheltenham) Limited
7 Rockfield Business Park
Old Station Drive
Leckhampton
Cheltenham
GL53 0AN

THE COTSWOLD EQUESTRIAN CLUB LIMITED (REGISTERED NUMBER: 10735236)

BALANCE SHEET
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,984,920 5,008,825

CURRENT ASSETS
Stocks 1,760 1,390
Debtors 5 4,771 11,762
Cash at bank and in hand 92,542 124,262
99,073 137,414
CREDITORS
Amounts falling due within one year 6 6,091,083 6,055,995
NET CURRENT LIABILITIES (5,992,010 ) (5,918,581 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,007,090

)

(909,756

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (1,007,092 ) (909,758 )
SHAREHOLDERS' FUNDS (1,007,090 ) (909,756 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 27 January 2025 and were signed by:





Mrs C K Dunkerton - Director


THE COTSWOLD EQUESTRIAN CLUB LIMITED (REGISTERED NUMBER: 10735236)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

The Cotswold Equestrian Club 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 etc - 20% on reducing balance and 15% on reducing balance

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 year 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

THE COTSWOLD EQUESTRIAN CLUB LIMITED (REGISTERED NUMBER: 10735236)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 May 2023
and 30 April 2024 4,858,775 183,159 170,362 11,512 5,223,808
DEPRECIATION
At 1 May 2023 - 116,045 87,426 11,512 214,983
Charge for year - 13,424 10,481 - 23,905
At 30 April 2024 - 129,469 97,907 11,512 238,888
NET BOOK VALUE
At 30 April 2024 4,858,775 53,690 72,455 - 4,984,920
At 30 April 2023 4,858,775 67,114 82,936 - 5,008,825

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,771 6,711
Other debtors - 5,051
4,771 11,762

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 25,000 25,000
Trade creditors 14,142 10,862
Taxation and social security 5,044 10,856
Other creditors 6,046,897 6,009,277
6,091,083 6,055,995

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs C K Dunkerton.