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Company Registration No. 13257485 (England and Wales)
The Stable Cornwall Limited Unaudited accounts for the year ended 31 March 2025
The Stable Cornwall Limited Unaudited accounts Contents
Page
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The Stable Cornwall Limited Company Information for the year ended 31 March 2025
Director
Kelly Adsett
Company Number
13257485 (England and Wales)
Registered Office
MENA BARN LANIVET BODMIN CORNWALL PL30 5HW ENGLAND
Accountants
Chynance Accountancy Services Ltd 2 King Mark House Stret Constantine Newquay Cornwall TR7 1GF
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The Stable Cornwall Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
49,541 
66,055 
Current assets
Cash at bank and in hand
613 
3,838 
Creditors: amounts falling due within one year
(23,827)
(24,169)
Net current liabilities
(23,214)
(20,331)
Total assets less current liabilities
26,327 
45,724 
Creditors: amounts falling due after more than one year
(33,621)
(55,902)
Net liabilities
(7,294)
(10,178)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(7,394)
(10,278)
Shareholders' funds
(7,294)
(10,178)
For the year ending 31 March 2025 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 May 2025 and were signed on its behalf by
Kelly Adsett Director Company Registration No. 13257485
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The Stable Cornwall Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
The Stable Cornwall Limited is a private company, limited by shares, registered in England and Wales, registration number 13257485. The registered office is MENA BARN, LANIVET, BODMIN, CORNWALL, PL30 5HW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% reducing Balance
Fixtures & fittings
25% Reducing Balance
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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The Stable Cornwall Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
41,341 
66,875 
330 
108,546 
At 31 March 2025
41,341 
66,875 
330 
108,546 
Depreciation
At 1 April 2024
25,582 
16,719 
190 
42,491 
Charge for the year
3,940 
12,539 
35 
16,514 
At 31 March 2025
29,522 
29,258 
225 
59,005 
Net book value
At 31 March 2025
11,819 
37,617 
105 
49,541 
At 31 March 2024
15,759 
50,156 
140 
66,055 
2025 
2024 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Plant & machinery
11,819 
15,579 
- Motor vehicles
37,617 
50,156 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
22,780 
22,780 
Taxes and social security
- 
1,389 
Accruals
1,047 
- 
23,827 
24,169 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
20,888 
42,033 
Loans from directors
12,733 
13,869 
33,621 
55,902 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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