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REGISTERED NUMBER: NI072672 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Breeders Elite Studbook For Irish &
European Sporthorses Ltd.

Breeders Elite Studbook For Irish &
European Sporthorses Ltd. (Registered number: NI072672)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Breeders Elite Studbook For Irish &
European Sporthorses Ltd.

Company Information
for the Year Ended 30 November 2024







DIRECTORS: H A Minderman
Mrs L Minderman





REGISTERED OFFICE: 128 Ballynahinch Road
Crossgar
Co. Down
BT30 9HU





REGISTERED NUMBER: NI072672 (Northern Ireland)





ACCOUNTANTS: Bentleys Accounting Limited
Suite 6, 141/143 South Road
Haywards Heath
West Sussex
RH16 4LY

Breeders Elite Studbook For Irish &
European Sporthorses Ltd. (Registered number: NI072672)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,895 6,815

CURRENT ASSETS
Debtors 5 81,255 16,040
Cash at bank 2,799 5,619
84,054 21,659
CREDITORS
Amounts falling due within one year 6 8,144 1,200
NET CURRENT ASSETS 75,910 20,459
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,805

27,274

CREDITORS
Amounts falling due after more than one
year

7

67,035

21,600
NET ASSETS 15,770 5,674

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 15,670 5,574
SHAREHOLDERS' FUNDS 15,770 5,674

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Breeders Elite Studbook For Irish &
European Sporthorses Ltd. (Registered number: NI072672)

Balance Sheet - continued
30 November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 January 2025 and were signed on its behalf by:





Mrs L Minderman - Director


Breeders Elite Studbook For Irish &
European Sporthorses Ltd. (Registered number: NI072672)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Breeders Elite Studbook For Irish & European Sporthorses Ltd. is a private company, limited by shares , registered in Northern Ireland. 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
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

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 ) .

Breeders Elite Studbook For Irish &
European Sporthorses Ltd. (Registered number: NI072672)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 December 2023 9,921
Additions 1,102
At 30 November 2024 11,023
DEPRECIATION
At 1 December 2023 3,106
Charge for year 1,022
At 30 November 2024 4,128
NET BOOK VALUE
At 30 November 2024 6,895
At 30 November 2023 6,815

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 4,255 -
Other debtors 20,000 16,040
Loan - Interest in Renkum Stud 57,000 -
81,255 16,040

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 4,632 -
Tax 2,312 -
Accrued expenses 1,200 1,200
8,144 1,200

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
BBL - Bank 5,489 -
Pension Trust Loan 61,546 21,600
67,035 21,600