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REGISTERED NUMBER: 04692215 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2024

for

The Company of Horsemen Ltd

The Company of Horsemen Ltd (Registered number: 04692215)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 6

The Company of Horsemen Ltd (Registered number: 04692215)

Balance Sheet
31st March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 86,599 82,093

CURRENT ASSETS
Stocks 10,000 10,000
Debtors 5 - 4,479
Cash at bank 7 35
10,007 14,514
CREDITORS
Amounts falling due within one year 6 113,652 39,586
NET CURRENT LIABILITIES (103,645 ) (25,072 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,046

)

57,021

CREDITORS
Amounts falling due after more than
one year

7

11,600

18,560
NET (LIABILITIES)/ASSETS (28,646 ) 38,461

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (28,746 ) 38,361
(28,646 ) 38,461

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Company of Horsemen Ltd (Registered number: 04692215)

Balance Sheet - continued
31st March 2024


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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 14th March 2025 and were signed by:





Mr S J Ratcliffe - Director


The Company of Horsemen Ltd (Registered number: 04692215)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

The Company of Horsemen Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04692215

Registered office: Oaklands Stud Farm
Sandon Lane
Milwich
Staffordshire
ST18 0EG

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of goods and services, excluding value added tax.

Revenue is recognised as the company becomes entitled to consideration for the goods and services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced on service contracts.

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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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.


The Company of Horsemen Ltd (Registered number: 04692215)

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

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

Going concern
The company is deemed to be trading as a going concern. The company remains reliant on the financial support of its director who has joint loans owing to them at the year end. The director has agreed not to repay these for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

The Company of Horsemen Ltd (Registered number: 04692215)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st April 2023 168,459 15,122 6,542 716 190,839
Additions 11,430 - 16,055 - 27,485
At 31st March 2024 179,889 15,122 22,597 716 218,324
DEPRECIATION
At 1st April 2023 92,620 12,068 3,476 582 108,746
Charge for year 17,454 611 4,780 134 22,979
At 31st March 2024 110,074 12,679 8,256 716 131,725
NET BOOK VALUE
At 31st March 2024 69,815 2,443 14,341 - 86,599
At 31st March 2023 75,839 3,054 3,066 134 82,093

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors - 4,479

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 45,424 26,896
Trade creditors 38,848 1,414
Taxation and social security 2,140 202
Other creditors 27,240 11,074
113,652 39,586

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 11,600 18,560

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
The Company of Horsemen Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Company of Horsemen Ltd for the year ended 31st March 2024 which comprise the Profit & Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of The Company of Horsemen Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Company of Horsemen Ltd and state those matters that we have agreed to state to the director of The Company of Horsemen Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that The Company of Horsemen Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Company of Horsemen Ltd. You consider that The Company of Horsemen Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Company of Horsemen Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






RBK Accountants Limited
Lymedale Business Centre
Hooters Hall Road
Newcastle Under Lyme
Staffordshire
ST5 9QF


14th March 2025