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REGISTERED NUMBER: 04825601 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 November 2024

for

PDQ Equestrian Company Limited

PDQ Equestrian Company Limited (Registered number: 04825601)






Contents of the Financial Statements
for the year ended 30 November 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


PDQ Equestrian Company Limited

Company Information
for the year ended 30 November 2024







DIRECTORS: P Quigley
D Quigley
D K Quigley Cutter





SECRETARY: P Quigley





REGISTERED OFFICE: Holmside Hall
Holmside Hall Road
Burnhope
County Durham
DH7 0DT





REGISTERED NUMBER: 04825601 (England and Wales)





ACCOUNTANTS: TTR Barnes Limited
Chartered Accountants
3-5 Grange Terrace
Stockton Road
Sunderland
Tyne & Wear
SR2 7DG

PDQ Equestrian Company Limited (Registered number: 04825601)

Statement of Financial Position
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 477,653 497,286

CURRENT ASSETS
Debtors 5 4,017 4,538

CREDITORS
Amounts falling due within one year 6 94,415 84,025
NET CURRENT LIABILITIES (90,398 ) (79,487 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

387,255

417,799

PROVISIONS FOR LIABILITIES 1,055 2,163
NET ASSETS 386,200 415,636

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 386,080 415,516
SHAREHOLDERS' FUNDS 386,200 415,636

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

PDQ Equestrian Company Limited (Registered number: 04825601)

Statement of Financial Position - continued
30 November 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 21 August 2025 and were signed on its behalf by:




P Quigley - Director



D Quigley - Director


PDQ Equestrian Company Limited (Registered number: 04825601)

Notes to the Financial Statements
for the year ended 30 November 2024

1. STATUTORY INFORMATION

PDQ Equestrian Company 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.

The financial statements have been prepared on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future, as the directors consider appropriate.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Income recognition
Income is recognised on completion of the service or on delivery of goods.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Improvements to property - 2% on cost
Plant and machinery - 15% on cost
Computer equipment - 33% Straight line

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their settlement value.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

PDQ Equestrian Company Limited (Registered number: 04825601)

Notes to the Financial Statements - continued
for the year ended 30 November 2024

2. ACCOUNTING POLICIES - continued

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

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 7 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and Computer
property property machinery equipment Totals
£    £    £    £    £   
COST
At 1 December 2023
and 30 November 2024 207,022 483,081 62,935 3,433 756,471
DEPRECIATION
At 1 December 2023 71,421 132,779 53,340 1,645 259,185
Charge for year 4,140 9,661 5,161 671 19,633
At 30 November 2024 75,561 142,440 58,501 2,316 278,818
NET BOOK VALUE
At 30 November 2024 131,461 340,641 4,434 1,117 477,653
At 30 November 2023 135,601 350,302 9,595 1,788 497,286

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 27 672
Other debtors 3,990 3,866
4,017 4,538

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 70,946 61,235
Trade creditors 14,449 11,481
Taxation and social security 3,487 4,156
Other creditors 5,533 7,153
94,415 84,025

PDQ Equestrian Company Limited (Registered number: 04825601)

Notes to the Financial Statements - continued
for the year ended 30 November 2024

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 70,946 61,235

There is a legal charge over the land and properties of the company.