Registration number:
Alsager & Sandbach Saddlery Limited
for the Year Ended 31 March 2025
Alsager & Sandbach Saddlery Limited
Contents
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Balance Sheet |
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Notes to the Financial Statements |
Alsager & Sandbach Saddlery Limited
(Registration number: 06522082)
Balance Sheet as at 31 March 2025
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2025 |
2024 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Retained earnings |
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Shareholders' funds |
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Alsager & Sandbach Saddlery Limited
(Registration number: 06522082)
Balance Sheet as at 31 March 2025
For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Alsager & Sandbach Saddlery Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
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General information |
The company is a private company limited by share capital, incorporated in England and Wales .
The address of its registered office is:
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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 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 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.
These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.
Revenue recognition
Turnover represents net invoiced sale of goods, excluding value added tax and trade discounts and returns, deriving from ordinary activities. Income is recognised when the significant risks and rewards of ownership of the goods have been transferred to the buyer, and the right to receive consideration has arisen.
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 in respect of all timing differences between the treatment of certain items for taxation and accounting purposes. The differences that have originated but not reversed at the balance sheet date are measured at the rate expected to apply in future periods upon reversal. Deferred tax liabilities are not discounted.
Alsager & Sandbach Saddlery Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
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:
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Asset class |
Depreciation method and rate |
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Improvements to property |
15% on cost |
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Plant and machinery |
15% on reducing balance |
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Fixtures and fittings |
25% on reducing balance |
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Motor vehicles |
25% on reducing balance |
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Computer equipment |
25% on reducing balance |
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Defined contribution pension obligation
Contributions payable by the company to the employee's pension schemes are charged to the profit and loss
account in the period to which they relate. The assets of those schemes are held separately from the business in independently administered funds.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Alsager & Sandbach Saddlery Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
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Intangible assets |
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Goodwill |
Total |
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Cost or valuation |
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At 1 April 2024 |
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At 31 March 2025 |
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Amortisation |
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At 1 April 2024 |
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At 31 March 2025 |
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Carrying amount |
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At 31 March 2025 |
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Tangible assets |
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Land and buildings |
Furniture, fittings and equipment |
Motor vehicles |
Plant and machinery |
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Cost or valuation |
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At 1 April 2024 |
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Additions |
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Disposals |
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At 31 March 2025 |
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Depreciation |
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At 1 April 2024 |
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Charge for the year |
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Eliminated on disposal |
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- |
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( |
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At 31 March 2025 |
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Carrying amount |
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At 31 March 2025 |
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At 31 March 2024 |
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Alsager & Sandbach Saddlery Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
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Total |
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Cost or valuation |
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At 1 April 2024 |
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Additions |
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Disposals |
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At 31 March 2025 |
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Depreciation |
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At 1 April 2024 |
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Charge for the year |
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Eliminated on disposal |
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At 31 March 2025 |
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Carrying amount |
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At 31 March 2025 |
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At 31 March 2024 |
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Alsager & Sandbach Saddlery Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
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Stocks |
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2025 |
2024 |
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Stock |
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Debtors |
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Note |
2025 |
2024 |
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Prepayments |
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Income tax asset |
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- |
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Creditors |
Creditors: amounts falling due within one year
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Note |
2025 |
2024 |
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Due within one year |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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