Company Registration No. 07726301 (England and Wales)
Active Equestrian Ltd
Unaudited accounts
for the year ended 31 August 2024
Active Equestrian Ltd
Unaudited accounts
Contents
Active Equestrian Ltd
Company Information
for the year ended 31 August 2024
Directors
Nicola Kim McGivern
John Simon McGivern
Company Number
07726301 (England and Wales)
Registered Office
Macilvins Ltd
7 St. Johns Road
Harrow
Middlesex
HA1 2EY
England
Active Equestrian Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
13,660
5,990
Cash at bank and in hand
159,286
167,753
Creditors: amounts falling due within one year
(367,510)
(338,088)
Net current liabilities
(178,555)
(125,849)
Total assets less current liabilities
(164,895)
(119,859)
Creditors: amounts falling due after more than one year
(195,000)
(195,000)
Net liabilities
(359,895)
(314,859)
Called up share capital
2
2
Profit and loss account
(359,897)
(314,861)
Shareholders' funds
(359,895)
(314,859)
For the year ending 31 August 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 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.
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 of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by
John Simon McGivern
Director
Company Registration No. 07726301
Active Equestrian Ltd
Notes to the Accounts
for the year ended 31 August 2024
Active Equestrian Ltd is a private company, limited by shares, registered in England and Wales, registration number 07726301. The registered office is Macilvins Ltd, 7 St. Johns Road, Harrow, Middlesex, HA1 2EY, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
58,281
-
11,447
1,862
71,590
Additions
-
10,000
-
-
10,000
At 31 August 2024
58,281
10,000
11,447
1,862
81,590
At 1 September 2023
53,300
-
10,438
1,862
65,600
Charge for the year
1,245
833
252
-
2,330
At 31 August 2024
54,545
833
10,690
1,862
67,930
At 31 August 2024
3,736
9,167
757
-
13,660
At 31 August 2023
4,981
-
1,009
-
5,990
Active Equestrian Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
2,442
18,498
Other debtors
24,663
24,663
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
13,500
13,500
Trade creditors
4,729
11,192
Other creditors
58,940
54,391
Loans from directors
288,841
256,355
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
195,000
195,000
8
Transactions with related parties
As at the balance sheet date, the company owed £483,841 (2023 : £438,785) to the director of the company. There is no specific terms for repayment of loan
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).