FLATHURST STABLES LTD

Company Registration Number:
09066583 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

FLATHURST STABLES LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

FLATHURST STABLES LTD

Company Information

for the Period Ended 31 May 2024




Director: Timothy Dorian Lee
Jane Ruth Quinton
Registered office: Flathurst Stables
Horsham Road
Petworth
West Sussex
GU28 0HB
Company Registration Number: 09066583 (England and Wales)

FLATHURST STABLES LTD

Directors' Report Period Ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal Activities

Livery Yard

Directors

The directors shown below have held office during the whole of the period from 01 June 2023 to 31 May 2024
Timothy Dorian Lee
Jane Ruth Quinton

This report was approved by the board of directors on 27 February 2025
And Signed On Behalf Of The Board By:

Name: Timothy Dorian Lee
Status: Director

FLATHURST STABLES LTD

Profit and Loss Account

for the Period Ended 31 May 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 101,372 76,187
Administrative Expenses ( 109,939 ) ( 93,797 )
Operating Profit or (Loss) ( 8,567 ) ( 17,610 )
Interest Payable and Similar Charges ( 793 ) ( 997 )
Profit or (Loss) Before Tax ( 9,360 ) ( 18,607 )
Profit or (Loss) for Period ( 9,360 ) ( 18,607 )

The notes form part of these financial statements

FLATHURST STABLES LTD

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 5,144 13,191
Total fixed assets: 5,144 13,191
Current assets
Debtors: 424
Total current assets: 424
Prepayments and accrued income: 2,503 1,999
Creditors: amounts falling due within one year: ( 1,100 )
Net current assets (liabilities): 2,927 899
Total assets less current liabilities: 8,071 14,090
Creditors: amounts falling due after more than one year: ( 45,983 ) ( 45,642 )
Accruals and deferred income: ( 6,539 ) ( 3,539 )
Total net assets (liabilities): ( 44,451 ) ( 35,091 )

The notes form part of these financial statements

FLATHURST STABLES LTD

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 44,453 ) ( 35,093 )
Shareholders funds: ( 44,451 ) ( 35,091 )

For the year ending 31 May 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 27 February 2025
And Signed On Behalf Of The Board By:

Name: Timothy Dorian Lee
Status: Director

The notes form part of these financial statements

FLATHURST STABLES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FLATHURST STABLES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

FLATHURST STABLES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

FLATHURST STABLES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible Assets

Total
Cost £
At 01 June 2023 42,884
Additions 3,294
Disposals -
Revaluations -
Transfers -
At 31 May 2024 46,178
Depreciation
At 01 June 2023 29,693
Charge for year 11,341
On disposals -
Other adjustments -
At 31 May 2024 41,034
Net book value
At 31 May 2024 5,144
At 31 May 2023 13,191