Shillingridge Stables Limited 11065209 false 2023-12-01 2024-11-30 2024-11-30 The principal activity of the company is the rental of Glamping Lodges. Digita Accounts Production Advanced 6.30.9574.0 true true 11065209 2023-12-01 2024-11-30 11065209 2024-11-30 11065209 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-11-30 11065209 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-11-30 11065209 core:CurrentFinancialInstruments 2024-11-30 11065209 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 11065209 core:Non-currentFinancialInstruments 2024-11-30 11065209 core:Non-currentFinancialInstruments core:AfterOneYear 2024-11-30 11065209 core:FurnitureFittingsToolsEquipment 2024-11-30 11065209 core:MotorVehicles 2024-11-30 11065209 core:OtherPropertyPlantEquipment 2024-11-30 11065209 core:OtherRelatedParties 2024-11-30 11065209 bus:SmallEntities 2023-12-01 2024-11-30 11065209 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 11065209 bus:FilletedAccounts 2023-12-01 2024-11-30 11065209 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 11065209 bus:RegisteredOffice 2023-12-01 2024-11-30 11065209 bus:Director1 2023-12-01 2024-11-30 11065209 bus:Director2 2023-12-01 2024-11-30 11065209 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 11065209 bus:Agent1 2023-12-01 2024-11-30 11065209 core:FurnitureFittingsToolsEquipment 2023-12-01 2024-11-30 11065209 core:MotorVehicles 2023-12-01 2024-11-30 11065209 core:OfficeEquipment 2023-12-01 2024-11-30 11065209 core:OtherPropertyPlantEquipment 2023-12-01 2024-11-30 11065209 core:PlantMachinery 2023-12-01 2024-11-30 11065209 core:OtherRelatedParties 2023-12-01 2024-11-30 11065209 countries:England 2023-12-01 2024-11-30 11065209 2023-11-30 11065209 core:FurnitureFittingsToolsEquipment 2023-11-30 11065209 core:MotorVehicles 2023-11-30 11065209 core:OtherPropertyPlantEquipment 2023-11-30 11065209 core:OtherRelatedParties 2023-11-30 11065209 2022-12-01 2023-11-30 11065209 2023-11-30 11065209 core:HirePurchaseContracts core:CurrentFinancialInstruments 2023-11-30 11065209 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2023-11-30 11065209 core:CurrentFinancialInstruments 2023-11-30 11065209 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 11065209 core:Non-currentFinancialInstruments 2023-11-30 11065209 core:Non-currentFinancialInstruments core:AfterOneYear 2023-11-30 11065209 core:FurnitureFittingsToolsEquipment 2023-11-30 11065209 core:MotorVehicles 2023-11-30 11065209 core:OtherPropertyPlantEquipment 2023-11-30 11065209 core:OtherRelatedParties 2023-11-30 11065209 core:OtherRelatedParties 2022-12-01 2023-11-30 11065209 2022-11-30 11065209 core:OtherRelatedParties 2022-11-30 iso4217:GBP xbrli:pure

Registration number: 11065209

Shillingridge Stables Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 November 2024

 

Shillingridge Stables Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

Shillingridge Stables Limited

Company Information

Directors

Mr S Ireland

Mrs C Ireland

Registered office

Shillingridge Stables
Frieth Road
Marlow
Buckinghamshire
SL7 2HP

Accountants

Sterling Grove Accountants Limited
Chartered Certified AccountantsFawley House
2 Regatta Place Marlow Road
Bourne End
Bucks
SL8 5TD

 

Shillingridge Stables Limited

(Registration number: 11065209)
Balance Sheet as at 30 November 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

54,834

67,617

Current assets

 

Cash at bank and in hand

 

-

1,078

Creditors: Amounts falling due within one year

5

(167,803)

(165,859)

Net current liabilities

 

(167,803)

(164,781)

Total assets less current liabilities

 

(112,969)

(97,164)

Creditors: Amounts falling due after more than one year

5

(22,898)

(28,641)

Net liabilities

 

(135,867)

(125,805)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(135,967)

(125,905)

Shareholders' deficit

 

(135,867)

(125,805)

For the financial year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 June 2025 and signed on its behalf by:
 

.........................................
Mrs C Ireland
Director

 

Shillingridge Stables Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Shillingridge Stables
Frieth Road
Marlow
Buckinghamshire
SL7 2HP
England

These financial statements were authorised for issue by the Board on 12 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company's balance sheet currently suggests an insolvent position at the balance sheet date. However, the director's have arranged adequate funding to finance the company's continuing activities and enable it to pay its debts as and when they fall due for payment. They consider that the company is a going concern and the accounts have been prepared on this basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Shillingridge Stables Limited

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

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Property, Plant & Machinery

10 years straight line & 3 years straight line

Computer Equipment

3 years straight line

Motor Vehicles

20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand.

Trade debtors

Trade debtors are amounts due from customers for lodge rental in the ordinary course of business. Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Shillingridge Stables Limited

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

4

Tangible assets

Computer Equipment
£

Motor vehicles
 £

Property, plant and machinery
£

Total
£

Cost or valuation

At 1 December 2023

4,571

23,233

124,772

152,576

Additions

-

-

1,710

1,710

At 30 November 2024

4,571

23,233

126,482

154,286

Depreciation

At 1 December 2023

4,004

15,620

65,335

84,959

Charge for the year

351

1,523

12,619

14,493

At 30 November 2024

4,355

17,143

77,954

99,452

Carrying amount

At 30 November 2024

216

6,090

48,528

54,834

At 30 November 2023

567

7,613

59,437

67,617

 

Shillingridge Stables Limited

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

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

6

9,476

5,662

Trade creditors

 

2,774

2,254

Taxation and social security

 

926

710

Accruals and deferred income

 

2,120

2,120

Other creditors

 

152,507

155,113

 

167,803

165,859

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

6

22,898

28,641

6

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

16,119

19,397

Hire purchase contracts

6,779

9,244

22,898

28,641

Current loans and borrowings

2024
£

2023
£

Bank borrowings

3,278

3,197

Bank overdrafts

3,733

-

Hire purchase contracts

2,465

2,465

9,476

5,662

7

Related party transactions

 

Shillingridge Stables Limited

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

Loans to related parties

2024

Other related parties
£

Total
£

At start of period

55,100

55,100

Advanced

(10,400)

(10,400)

At end of period

44,700

44,700

Loans from related parties

2023

Other related parties
£

Total
£

At start of period

3,600

3,600

Advanced

51,500

51,500

At end of period

55,100

55,100

Terms of loans from related parties

The loan from Both Barrels Productions Limited is interest free and has no fixed repayment terms.