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REGISTERED NUMBER: 04930729 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

KEITH BRYAN SADDLERY CO. LIMITED

KEITH BRYAN SADDLERY CO. LIMITED (REGISTERED NUMBER: 04930729)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KEITH BRYAN SADDLERY CO. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: K E Bryan





SECRETARY: Mrs S V Bryan





REGISTERED OFFICE: 13A Lime Street
Walsall
WS1 2JL





REGISTERED NUMBER: 04930729 (England and Wales)





ACCOUNTANTS: Philip Barnes & Co Limited
Chartered Accountants
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB

KEITH BRYAN SADDLERY CO. LIMITED (REGISTERED NUMBER: 04930729)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,379 2,996
Investment property 6 700,000 700,000
702,379 702,996

CURRENT ASSETS
Stocks 2,975 9,248
Debtors 7 8,232 4,451
Cash at bank 345,576 372,527
356,783 386,226
CREDITORS
Amounts falling due within one year 8 22,201 31,643
NET CURRENT ASSETS 334,582 354,583
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,036,961

1,057,579

PROVISIONS FOR LIABILITIES 46,000 46,000
NET ASSETS 990,961 1,011,579

CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 43,813 43,813
Retained earnings 947,048 967,666
SHAREHOLDERS' FUNDS 990,961 1,011,579

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 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 and Loss Account has not been delivered.

KEITH BRYAN SADDLERY CO. LIMITED (REGISTERED NUMBER: 04930729)

BALANCE SHEET - continued
31 OCTOBER 2024



The financial statements were approved by the director and authorised for issue on 30 May 2025 and were signed by:





K E Bryan - Director


KEITH BRYAN SADDLERY CO. LIMITED (REGISTERED NUMBER: 04930729)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Keith Bryan Saddlery Co. Limited is a private company, limited by shares , registered in England and Wales. 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.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% reducing balance
Fixtures and fittings - 10% on cost
Motor vehicles - 25% reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and 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.


KEITH BRYAN SADDLERY CO. LIMITED (REGISTERED NUMBER: 04930729)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 30,000
AMORTISATION
At 1 November 2023
and 31 October 2024 30,000
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 November 2023
and 31 October 2024 1,524 2,667 12,500 16,691
DEPRECIATION
At 1 November 2023 168 1,067 12,460 13,695
Charge for year 447 160 10 617
At 31 October 2024 615 1,227 12,470 14,312
NET BOOK VALUE
At 31 October 2024 909 1,440 30 2,379
At 31 October 2023 1,356 1,600 40 2,996

KEITH BRYAN SADDLERY CO. LIMITED (REGISTERED NUMBER: 04930729)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 700,000
NET BOOK VALUE
At 31 October 2024 700,000
At 31 October 2023 700,000


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,247 3,983
Other debtors 3,985 468
8,232 4,451

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 105 91
Taxation and social security 2,788 3,864
Other creditors 19,308 27,688
22,201 31,643

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Revaluation
reserve
£   
At 1 November 2023
and 31 October 2024 43,813

11. RELATED PARTY DISCLOSURES

Included in other debtors is £3,212 due from the director. No interest has been charged on the amount due.