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REGISTERED NUMBER: 13385718 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Epona Thoroughbreds Ltd

Epona Thoroughbreds Ltd (Registered number: 13385718)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Epona Thoroughbreds Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mrs J Thomas
Miss R Bailey





REGISTERED OFFICE: Suite 2 Victoria House
South Street
Farnham
Surrey
GU97QU





REGISTERED NUMBER: 13385718 (England and Wales)





ACCOUNTANTS: Branston Adams
Suite 2, Victoria House
South Street
Farnham
Surrey
GU9 7QU

Epona Thoroughbreds Ltd (Registered number: 13385718)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 10,530
Investments 5 3,012 -
3,012 10,530

CURRENT ASSETS
Debtors 6 597 646
Cash at bank 88 112
685 758
CREDITORS
Amounts falling due within one year 7 46,505 34,163
NET CURRENT LIABILITIES (45,820 ) (33,405 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(42,808

)

(22,875

)

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings (42,910 ) (22,977 )
SHAREHOLDERS' FUNDS (42,808 ) (22,875 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 26 February 2025 and were signed on its behalf by:





Miss R Bailey - Director


Epona Thoroughbreds Ltd (Registered number: 13385718)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Epona Thoroughbreds 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
The accounts have been prepared on a going concern basis.

During the financial period expenditure exceeded income however the directors and shareholders of the company have confirmed their continued support of the company for the next 12 months. As a result the company is a going concern.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Horses - Straight line over 25 years

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Horses
£   
COST
At 1 June 2023 11,219
Disposals (11,219 )
At 31 May 2024 -
DEPRECIATION
At 1 June 2023 689
Eliminated on disposal (689 )
At 31 May 2024 -
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 10,530

Epona Thoroughbreds Ltd (Registered number: 13385718)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
Additions 750
Revaluations 2,262
At 31 May 2024 3,012
NET BOOK VALUE
At 31 May 2024 3,012

Cost or valuation at 31 May 2024 is represented by:

Other
investments
£   
Valuation in 2023 750
Valuation in 2024 2,262
3,012

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
VAT 597 646

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Directors' current accounts 46,085 33,743
Accrued expenses 420 420
46,505 34,163

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is MS R Bailey & Ms J Thomas.

By virtue of their shareholding and directorships both Ms R Bailey and Ms J Thomas were the ultimate controllers of the company throughout the year.