SD Sporthorses Limited 08232821 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is that of breeding and trading horses. Digita Accounts Production Advanced 6.30.9574.0 true 08232821 2023-10-01 2024-09-30 08232821 2024-09-30 08232821 bus:OrdinaryShareClass1 2024-09-30 08232821 core:RetainedEarningsAccumulatedLosses 2024-09-30 08232821 core:ShareCapital 2024-09-30 08232821 core:CurrentFinancialInstruments 2024-09-30 08232821 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 08232821 core:FurnitureFittings 2024-09-30 08232821 core:MotorVehicles 2024-09-30 08232821 core:OfficeEquipment 2024-09-30 08232821 core:PlantMachinery 2024-09-30 08232821 bus:SmallEntities 2023-10-01 2024-09-30 08232821 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 08232821 bus:AbridgedAccounts 2023-10-01 2024-09-30 08232821 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 08232821 bus:RegisteredOffice 2023-10-01 2024-09-30 08232821 bus:Director1 2023-10-01 2024-09-30 08232821 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 08232821 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08232821 core:FurnitureFittings 2023-10-01 2024-09-30 08232821 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 08232821 core:MotorVehicles 2023-10-01 2024-09-30 08232821 core:OfficeEquipment 2023-10-01 2024-09-30 08232821 core:PlantMachinery 2023-10-01 2024-09-30 08232821 countries:AllCountries 2023-10-01 2024-09-30 08232821 2023-09-30 08232821 core:FurnitureFittings 2023-09-30 08232821 core:MotorVehicles 2023-09-30 08232821 core:OfficeEquipment 2023-09-30 08232821 core:PlantMachinery 2023-09-30 08232821 2022-10-01 2023-09-30 08232821 2023-09-30 08232821 bus:OrdinaryShareClass1 2023-09-30 08232821 core:RetainedEarningsAccumulatedLosses 2023-09-30 08232821 core:ShareCapital 2023-09-30 08232821 core:CurrentFinancialInstruments 2023-09-30 08232821 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 08232821 core:FurnitureFittings 2023-09-30 08232821 core:MotorVehicles 2023-09-30 08232821 core:OfficeEquipment 2023-09-30 08232821 core:PlantMachinery 2023-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08232821

SD Sporthorses Limited

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 30 September 2024

 

SD Sporthorses Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 5

 

SD Sporthorses Limited

Company Information

Director

S B Davies

Registered office

61 Sheepcote Dell Road
Holmer Green
High Wycombe
Buckinghamshire
HP15 6TL

 

SD Sporthorses Limited

(Registration number: 08232821)
Abridged Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

22,697

72,880

Current assets

 

Stocks

350,000

350,000

Debtors

-

747

Cash at bank and in hand

 

109,027

100,203

 

459,027

450,950

Creditors: Amounts falling due within one year

(64,533)

(47,926)

Net current assets

 

394,494

403,024

Net assets

 

417,191

475,904

Capital and reserves

 

Called up share capital

100

100

Retained earnings

417,091

475,804

Shareholders' funds

 

417,191

475,904

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

Director's 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 director acknowledges his 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 24 June 2025
 

 

SD Sporthorses Limited

(Registration number: 08232821)
Abridged Balance Sheet as at 30 September 2024

.........................................
S B Davies
Director

   
     
 

SD Sporthorses Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

1

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 abridged 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 abridged 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.

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;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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.

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

Plant and machinery

25% on reducing balance

Office equipment

25% on reducing balance

Motor vehicles

25% on reducing balance

Horsebox

25% on reducing balance

 

SD Sporthorses Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Stocks

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

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 4 (2023 - 4).

3

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 October 2023

86,166

18,947

21,074

43,450

169,637

Additions

-

-

132

-

132

Disposals

(57,000)

-

-

-

(57,000)

At 30 September 2024

29,166

18,947

21,206

43,450

112,769

Depreciation

At 1 October 2023

42,184

13,283

15,685

25,605

96,757

Charge for the year

308

1,416

1,380

4,461

7,565

Eliminated on disposal

(14,250)

-

-

-

(14,250)

At 30 September 2024

28,242

14,699

17,065

30,066

90,072

Carrying amount

At 30 September 2024

924

4,248

4,141

13,384

22,697

At 30 September 2023

43,982

5,664

5,389

17,845

72,880

4

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100