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REGISTERED NUMBER: 03387351 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2024

FOR

SOUTHVIEW EQUESTRIAN CENTRE LIMITED

SOUTHVIEW EQUESTRIAN CENTRE LIMITED (REGISTERED NUMBER: 03387351)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


SOUTHVIEW EQUESTRIAN CENTRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: C A H Britton
Ms L Wright





SECRETARY: Ms L Wright





REGISTERED OFFICE: Winsford Road
Wettenhall
Winsford
Cheshire
CW7 4DL





REGISTERED NUMBER: 03387351 (England and Wales)





ACCOUNTANTS: Bentens
Chartered Certified Accountants
Abbey House
51 High Street
Saffron Walden
Essex
CB10 1AF

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SOUTHVIEW EQUESTRIAN CENTRE LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Southview Equestrian Centre Limited for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Southview Equestrian Centre Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Southview Equestrian Centre Limited and state those matters that we have agreed to state to the Board of Directors of Southview Equestrian Centre Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Southview Equestrian Centre Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Southview Equestrian Centre Limited. You consider that Southview Equestrian Centre Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Southview Equestrian Centre Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bentens
Chartered Certified Accountants
Abbey House
51 High Street
Saffron Walden
Essex
CB10 1AF


23 June 2025

SOUTHVIEW EQUESTRIAN CENTRE LIMITED (REGISTERED NUMBER: 03387351)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,005,874 1,010,885

CURRENT ASSETS
Stocks 5 7,622 5,713
Debtors 6 34,639 22,033
Cash at bank and in hand 65,713 60,294
107,974 88,040
CREDITORS
Amounts falling due within one year 7 170,838 145,678
NET CURRENT LIABILITIES (62,864 ) (57,638 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

943,010

953,247

CREDITORS
Amounts falling due after more than one
year

8

(110,184

)

(139,529

)

PROVISIONS FOR LIABILITIES (13,969 ) (2,539 )
NET ASSETS 818,857 811,179

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 568,394 568,394
Retained earnings 9 250,363 242,685
SHAREHOLDERS' FUNDS 818,857 811,179

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SOUTHVIEW EQUESTRIAN CENTRE LIMITED (REGISTERED NUMBER: 03387351)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2025 and were signed on its behalf by:





Ms L Wright - Director


SOUTHVIEW EQUESTRIAN CENTRE LIMITED (REGISTERED NUMBER: 03387351)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Southview Equestrian Centre 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 Income Statement, 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

SOUTHVIEW EQUESTRIAN CENTRE LIMITED (REGISTERED NUMBER: 03387351)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and
property property fittings Totals
£    £    £    £   
COST
At 1 October 2023 950,000 329,584 53,603 1,333,187
Additions - 5,690 5,791 11,481
At 30 September 2024 950,000 335,274 59,394 1,344,668
DEPRECIATION
At 1 October 2023 - 270,946 51,356 322,302
Charge for year - 14,482 2,010 16,492
At 30 September 2024 - 285,428 53,366 338,794
NET BOOK VALUE
At 30 September 2024 950,000 49,846 6,028 1,005,874
At 30 September 2023 950,000 58,638 2,247 1,010,885

5. STOCKS
2024 2023
£    £   
Stocks 7,622 5,713

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 27,499 14,893
Other debtors 7,140 7,140
34,639 22,033

SOUTHVIEW EQUESTRIAN CENTRE LIMITED (REGISTERED NUMBER: 03387351)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 60,927 71,432
Trade creditors 18,112 16,656
Corporation tax 11,886 17,655
Social security and other taxes 285 168
VAT 34,767 32,099
Other creditors 79 -
Directors' current accounts 37 668
Accrued expenses 44,745 7,000
170,838 145,678

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans - 2-5 years 110,184 139,529

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 October 2023 242,685 568,394 811,079
Profit for the year 30,678 - 30,678
Dividends (23,000 ) - (23,000 )
At 30 September 2024 250,363 568,394 818,757