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REGISTERED NUMBER: 09770647 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Andrew James Eventing Ltd

Andrew James Eventing Ltd (Registered number: 09770647)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Andrew James Eventing Ltd

Company Information
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mrs R James
A James





REGISTERED OFFICE: Orchard Farm
Bedford Road
Northill
Biggleswade
Bedfordshire
SG18 9AN





REGISTERED NUMBER: 09770647 (England and Wales)





ACCOUNTANTS: Connolly Accountants & Business Advisors Ltd
Chartered Certified Accountants
The Stable Yard
25-33 Vicarage Road
Stony Stratford
Milton Keynes
Buckinghamshire
MK11 1BN

Andrew James Eventing Ltd (Registered number: 09770647)

Balance Sheet
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 202,375 217,652

CURRENT ASSETS
Stocks 8,125 8,125
Debtors 5 20,274 19,549
Cash at bank 12,244 6,423
40,643 34,097
CREDITORS
Amounts falling due within one year 6 49,284 40,927
NET CURRENT LIABILITIES (8,641 ) (6,830 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

193,734

210,822

CREDITORS
Amounts falling due after more than one year 7 (135,908 ) (151,756 )

PROVISIONS FOR LIABILITIES (17,261 ) (17,535 )
NET ASSETS 40,565 41,531

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 40,465 41,431
SHAREHOLDERS' FUNDS 40,565 41,531

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.

Andrew James Eventing Ltd (Registered number: 09770647)

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 Statement of Income and Retained Earnings 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:





A James - Director


Andrew James Eventing Ltd (Registered number: 09770647)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Andrew James Eventing Ltd 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.
Improvements to property - 10% on cost and 2% on cost
Plant and machinery - 20% on reducing balance and 10% on cost

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

Andrew James Eventing Ltd (Registered number: 09770647)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provision of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic Financial Assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised costs using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is ant contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from related companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised costs, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Andrew James Eventing Ltd (Registered number: 09770647)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 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.

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.

Government grants
Government grants are included in the 'other operating income' line item. The grants are recognised under the performance model. There are no unfulfilled conditions or other contingencies attaching to these grants.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery Totals
£    £    £    £   
COST
At 1 October 2023 87,037 148,967 70,732 306,736
Additions - - 1,776 1,776
Disposals - - (5,718 ) (5,718 )
At 30 September 2024 87,037 148,967 66,790 302,794
DEPRECIATION
At 1 October 2023 - 52,465 36,619 89,084
Charge for year - 8,116 6,595 14,711
Eliminated on disposal - - (3,376 ) (3,376 )
At 30 September 2024 - 60,581 39,838 100,419
NET BOOK VALUE
At 30 September 2024 87,037 88,386 26,952 202,375
At 30 September 2023 87,037 96,502 34,113 217,652

Andrew James Eventing Ltd (Registered number: 09770647)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 19,609 19,549
Other debtors 665 -
20,274 19,549

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 21,983 20,028
Trade creditors 312 1,376
Taxation and social security 4,919 3,353
Other creditors 22,070 16,170
49,284 40,927

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 131,658 144,506
Other creditors 4,250 7,250
135,908 151,756

Amounts falling due in more than five years:

Repayable by instalments
Mortgages due > 5 years 42,382 57,667
BBL due > 5 years - 5,403
42,382 63,070

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Mortgage 45,105 49,004
Mortgage 81,062 83,276
126,167 132,280

The mortgages are secured by fixed charges over the land to which they relate.

The Bounce Back Loan is guaranteed by the UK Government.