REGISTERED NUMBER: 04498742 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

WOODREDON EQUESTRIAN CENTRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs S M Vincent

SECRETARY:

REGISTERED OFFICE:

The Old Court House

26A Church Street

Bishop's Stortford

Hertfordshire

CM23 2LY

REGISTERED NUMBER:

04498742 (England and Wales)

ACCOUNTANTS:

Paul Dawson & Co Limited

The Old Courthouse

26A Church Street

Bishops Stortford

Hertfordshire

CM23 2LY

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

142,614

151,115

142,615

151,116

CURRENT ASSETS

Stocks

6

13,200

13,200

Debtors

7

18,167

14,385

Cash at bank

35,407

84,606

66,774

112,191

CREDITORS

Amounts falling due within one year

8

147,690

218,486

NET CURRENT LIABILITIES

(80,916

)

(106,295

)

TOTAL ASSETS LESS CURRENT LIABILITIES

61,699

44,821

CREDITORS

Amounts falling due after more than one year

9

31,766

37,722

NET ASSETS

29,933

7,099

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

29,831

6,997

SHAREHOLDERS' FUNDS

29,933

7,099

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

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

The director acknowledges her 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.

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 director and authorised for issue on 17 September 2025 and were signed by:

Mrs S M Vincent - Director

1.	STATUTORY INFORMATION

Woodredon 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Fixtures & fittings

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

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 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 July 2023

and 30 June 2024

243,450

1

243,451

AMORTISATION

At 1 July 2023

and 30 June 2024

243,450

-

243,450

NET BOOK VALUE

At 30 June 2024

-

1

1

At 30 June 2023

-

1

1

5.	TANGIBLE FIXED ASSETS

Improvements

to

Short

leasehold

Fixtures

Plant and

leasehold

property

& fittings

machinery

£

£

£

£

COST

At 1 July 2023

and 30 June 2024

3,314

113,800

12,593

9,237

DEPRECIATION

At 1 July 2023

-

-

12,095

9,091

Charge for year

-

-

125

37

At 30 June 2024

-

-

12,220

9,128

NET BOOK VALUE

At 30 June 2024

3,314

113,800

373

109

At 30 June 2023

3,314

113,800

498

146

Motor

Computer

Equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2023

and 30 June 2024

190,846

13,125

4,902

347,817

DEPRECIATION

At 1 July 2023

158,372

12,697

4,447

196,702

Charge for year

8,118

107

114

8,501

At 30 June 2024

166,490

12,804

4,561

205,203

NET BOOK VALUE

At 30 June 2024

24,356

321

341

142,614

At 30 June 2023

32,474

428

455

151,115

6.

STOCKS

2024

2023

£

£

Livestock

13,200

13,200

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Prepayments

18,167

14,385

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

5,956

5,956

Trade creditors

4,575

426

Taxation and social security

16,976

22,679

Other creditors

120,183

189,425

147,690

218,486

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

31,766

37,722

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

7,942

13,898