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Registration number: 09202405

Pinkham Equine Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 November 2024

 

Pinkham Equine Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

Pinkham Equine Limited

(Registration number: 09202405)
Abridged Balance Sheet as at 30 November 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

5,833

10,833

Tangible assets

5

128,208

151,426

 

134,041

162,259

Current assets

 

Stocks

40,162

38,780

Debtors

129,475

185,832

Cash at bank and in hand

 

267,382

333,975

 

437,019

558,587

Creditors: Amounts falling due within one year

(331,711)

(280,228)

Net current assets

 

105,308

278,359

Total assets less current liabilities

 

239,349

440,618

Provisions for liabilities

(31,913)

(37,858)

Net assets

 

207,436

402,760

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

207,336

402,660

Total equity

 

207,436

402,760

 

Pinkham Equine Limited

(Registration number: 09202405)
Abridged Balance Sheet as at 30 November 2024

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.

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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

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 Board on 18 August 2025 and signed on its behalf by:
 


 


Mr C Pinkham

Director


 


Mr R M Bristow

Director

 

Pinkham Equine Limited

Notes to the Unaudited Abridged 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 and Wales.

The address of its registered office is:
Home Farm Offices
Home Farm Road
Wilton
Salisbury
SP2 8PJ

These financial statements were authorised for issue by the Board on 18 August 2025.

2

Accounting policies

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover represents the amounts, excluding value added tax, derived from the provision of goods and services to customers during the year.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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% reducing balance

Motor vehicles

25% reducing balance

 

Pinkham Equine Limited

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

Goodwill

Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

10% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 12 (2023 - 8).

4

Intangible assets

Total
£

Cost or valuation

At 1 December 2023

50,000

At 30 November 2024

50,000

Amortisation

At 1 December 2023

39,167

Amortisation charge

5,000

At 30 November 2024

44,167

Carrying amount

At 30 November 2024

5,833

At 30 November 2023

10,833

 

Pinkham Equine Limited

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

5

Tangible assets

Total
£

Cost or valuation

At 1 December 2023

330,871

Additions

22,890

Disposals

(7,995)

At 30 November 2024

345,766

Depreciation

At 1 December 2023

179,444

Charge for the year

42,736

Eliminated on disposal

(4,622)

At 30 November 2024

217,558

Carrying amount

At 30 November 2024

128,208

At 30 November 2023

151,426

6

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £61,750 (2023 - £79,750).