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Company Registration No. 06238465 (England and Wales)
J Martin Equine Services Ltd Unaudited accounts for the year ended 31 May 2024
J Martin Equine Services Ltd Unaudited accounts Contents
Page
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J Martin Equine Services Ltd Company Information for the year ended 31 May 2024
Director
Jamie Martin
Company Number
06238465 (England and Wales)
Registered Office
1 Rectory Close Ashleworth Gloucester GL19 4JT
Accountants
Wellington Consulting Ltd Fairview St Owens Cross Hereford Herefordshire HR2 8LG
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J Martin Equine Services Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,990 
6,075 
Current assets
Cash at bank and in hand
3,894 
5,112 
Creditors: amounts falling due within one year
(16,252)
(8,363)
Net current liabilities
(12,358)
(3,251)
Total assets less current liabilities
10,632 
2,824 
Creditors: amounts falling due after more than one year
(7,561)
- 
Net assets
3,071 
2,824 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,971 
2,724 
Shareholders' funds
3,071 
2,824 
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 January 2025 and were signed on its behalf by
Jamie Martin Director Company Registration No. 06238465
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J Martin Equine Services Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
J Martin Equine Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 06238465. The registered office is 1 Rectory Close, Ashleworth, Gloucester, GL19 4JT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. An adjustment has been put through to correct an earlier year error in the value of plant and machinery. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance basis
Computer equipment
25% straight line basis
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
18,869 
12,959 
601 
32,429 
Additions
- 
27,000 
- 
27,000 
Disposals
- 
(12,959)
- 
(12,959)
At 31 May 2024
18,869 
27,000 
601 
46,470 
Depreciation
At 1 June 2023
15,255 
10,498 
601 
26,354 
Charge for the year
904 
6,720 
- 
7,624 
On disposals
- 
(10,498)
- 
(10,498)
At 31 May 2024
16,159 
6,720 
601 
23,480 
Net book value
At 31 May 2024
2,710 
20,280 
- 
22,990 
At 31 May 2023
3,614 
2,461 
- 
6,075 
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J Martin Equine Services Ltd Notes to the Accounts for the year ended 31 May 2024
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
20,280 
- 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
4,524 
- 
Taxes and social security
1,367 
4,573 
Loans from directors
10,061 
3,490 
Accruals
300 
300 
16,252 
8,363 
The amount due includes £10,061 to the director (2023 - £3,490)
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
7,561 
- 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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