| REGISTERED NUMBER: |
| Wroxham Saddlery Limited |
| Unaudited Financial Statements |
| For The Year Ended |
| 28th February 2025 |
| REGISTERED NUMBER: |
| Wroxham Saddlery Limited |
| Unaudited Financial Statements |
| For The Year Ended |
| 28th February 2025 |
| Wroxham Saddlery Limited (Registered number: 06492022) |
| Contents of the Financial Statements |
| For The Year Ended 28th February 2025 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 | to | 4 |
| Wroxham Saddlery Limited (Registered number: 06492022) |
| Balance Sheet |
| 28th February 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Share premium | 9 |
| Retained earnings | 9 |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the director and authorised for issue on |
| Wroxham Saddlery Limited (Registered number: 06492022) |
| Notes to the Financial Statements |
| For The Year Ended 28th February 2025 |
| 1. | STATUTORY INFORMATION |
| Wroxham Saddlery Limited is a |
| Registered number: |
| Registered office: |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Tangible fixed assets |
| Freehold property | - |
| Improvements to property | - |
| Computer equipment | - |
| 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. |
| 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. |
| 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 |
| Wroxham Saddlery Limited (Registered number: 06492022) |
| Notes to the Financial Statements - continued |
| For The Year Ended 28th February 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements |
| Freehold | to | Computer |
| property | property | equipment | Totals |
| £ | £ | £ | £ |
| COST OR VALUATION |
| At 1st March 2024 |
| and 28th February 2025 |
| DEPRECIATION |
| At 1st March 2024 |
| Charge for year |
| At 28th February 2025 |
| NET BOOK VALUE |
| At 28th February 2025 |
| At 29th February 2024 |
| Cost or valuation at 28th February 2025 is represented by: |
| Improvements |
| Freehold | to | Computer |
| property | property | equipment | Totals |
| £ | £ | £ | £ |
| Valuation in 2021 | 163,458 | - | - | 163,458 |
| Cost | 93,852 | 14,720 | 367 | 108,939 |
| 257,310 | 14,720 | 367 | 272,397 |
| If freehold property had not been revalued it would have been included at the following historical cost: |
| 2025 | 2024 |
| £ | £ |
| Cost | 93,852 | 93,852 |
| Aggregate depreciation | 27,519 | 25,642 |
| Freehold property was valued on an open market basis on 28th February 2021 by the director . |
| The director considers that the value of the property has not changed over the last year. |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| Wroxham Saddlery Limited (Registered number: 06492022) |
| Notes to the Financial Statements - continued |
| For The Year Ended 28th February 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other creditors |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary 'A' | £1 | 100 | 100 |
| 9. | RESERVES |
| Retained | Share |
| earnings | premium | Totals |
| £ | £ | £ |
| At 1st March 2024 | 366,835 |
| Deficit for the year | ( |
) | ( |
) |
| Dividends | ( |
) | ( |
) |
| At 28th February 2025 | 285,934 |
| Included within the Profit and Loss Reserve are £131,952 of non-distributable reserves made up of £163,459 unrealised gain on revaluation less £31,507 deferred tax related to the gain. |
| 10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 28th February 2025 and 29th February 2024: |
| 2025 | 2024 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| Interest is charged on the director's loan at the rate for beneficial loans, there are no set terms for the repayment of the loan. |
| 11. | RELATED PARTY DISCLOSURES |
| Ralph Daniels Limited |
| A company owned by the director's immediate family member. |
| Included in long term other creditors is a balance of £125,538 (2024 - £125,538) relating to an interest free loan from Ralph Daniels Limited. There are no set repayment terms for this loan. |