2023-08-01 06652318 2024-07-31 06652318 2023-08-01 2024-07-31 06652318 2023-07-31 06652318 2022-08-01 2023-07-31 06652318 uk-core:WithinOneYear 2023-07-31 06652318 uk-core:WithinOneYear 2024-07-31 06652318 uk-core:ShareCapital 2024-07-31 06652318 uk-core:ShareCapital 2023-07-31 06652318 uk-core:RetainedEarningsAccumulatedLosses 2024-07-31 06652318 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 06652318 uk-bus:Director1 2023-08-01 2024-07-31 06652318 uk-core:ToolsEquipment 2023-08-01 2024-07-31 06652318 uk-core:ToolsEquipment 2023-07-31 06652318 uk-core:Land 2023-07-31 06652318 uk-core:Land 2024-07-31 06652318 uk-core:ToolsEquipment 2024-07-31 06652318 uk-core:Land 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure 06652318 uk-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 06652318 uk-bus:FRS102 2023-08-01 2024-07-31 06652318 uk-bus:FilletedAccounts 2023-08-01 2024-07-31 06652318 uk-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31
Four Acres Stud Ltd
Registered Number:06652318
For the year ended 31 July 2024
England and Wales
Unaudited Financial Statements
2
Registered Number :
06652318
As at 31 July 2024
Four Acres Stud Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
103,990
108,303
2
103,990
108,303
Current assets
Inventories
24,508
24,508
3
Trade and other receivables
4,059
1,092
4
10,043
Cash and cash equivalents
482
26,082
38,610
Trade and other payables: amounts falling due within
one year
(135,607)
(126,780)
5
(96,997)
(100,698)
Net current liabilities
Total assets less current liabilities
3,292
11,306
3,292
Net assets
11,306
Capital and reserves
Called up share capital
2
2
Retained earnings
3,290
11,304
3,292
11,306
Shareholders' funds
For the year ended 31 July 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 of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered
.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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Registered Number :
06652318
For the year ended 31 July 2024
Four Acres Stud Ltd
Statement of Financial Position Continued
Mr Peter Foster Director
These financial statements were approved and authorised for issue by the Board on 25 February 2025 and were signed by:
The notes form part of these financial statements
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For the year ended 31 July 2024
Four Acres Stud Ltd
Notes to the Financial Statements
Statutory Information
Four Acres Stud Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 06652318.
Registered address:
Four Acres
Redgrave Road
South Lopham
Norfolk
IP22 2HL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under
the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15% Reducing balance
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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5
For the year ended 31 July 2024
Four Acres Stud Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Plant and
machinery
Land and
buildings
£
£
£
Cost or
valuation
At 01 August 2023
125,684
46,134
79,550
At 31 July 2024
79,550
46,134
125,684
Provision for depreciation and impairment
At 01 August 2023
17,381
17,381
-
Charge for year
4,313
4,313
-
At 31 July 2024
21,694
21,694
-
At 31 July 2024
Net book value
79,550
24,440
103,990
At 31 July 2023
79,550
28,753
108,303
3. Inventories
2023
2024
£
£
Stocks
24,508
24,508
4. Trade and other receivables
2023
2024
£
£
Other debtors
1,092
4,059
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
-
5,995
Taxation and social security
11
15
Other creditors
126,769
129,597
126,780
135,607
6. Average number of persons employed
During the year the average number of employees was 0
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For the year ended 31 July 2024
Four Acres Stud Ltd
Notes to the Financial Statements Continued
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