ADVANCED RIDING TECHNIQUES LIMITED


Director	S P Manning


Registered Address	12a Marlborough Place
	Brighton
	BN1 1WN


Registered Number	03492296 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		55,863		59,029
			55,863		59,029
Current assets
Debtors	4	17,063		17,554
Cash at bank and on hand		4		4
		17,067		17,558
Creditors amounts falling due within one year	5	(179,082)		(172,951)
Net current assets (liabilities)			(162,015)		(155,393)
Total assets less current liabilities			(106,152)		(96,364)
Creditors amounts falling due after one year	6		(18,954)		(25,822)
Net assets			(125,106)		(122,186)
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			(126,106)		(123,186)
Shareholders' funds			(125,106)		(122,186)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 20 May 2025, and are signed on its behalf by:

S P Manning
Director
Registered Company No. 03492296

ADVANCED RIDING TECHNIQUES LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	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

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	20
Plant and machinery	-	4
Fixtures and fittings	-	4
Vehicles	25	-
Office Equipment	-	4

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 January 24	51,635	17,386	29,914	1,501	4,947	105,383
At 31 December 24	51,635	17,386	29,914	1,501	4,947	105,383
Depreciation and impairment
At 01 January 24	1,053	17,386	21,467	1,501	4,947	46,354
Charge for year	1,054	-	2,112	-	-	3,166
At 31 December 24	2,107	17,386	23,579	1,501	4,947	49,520
Net book value
At 31 December 24	49,528	-	6,335	-	-	55,863
At 31 December 23	50,582	-	8,447	-	-	59,029

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	6,774	4,648
Other debtors	5,500	4,075
Prepayments and accrued income	4,789	8,831
Total	17,063	17,554

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	58,164	59,239
Bank borrowings and overdrafts	25,805	25,497
Taxation and social security	7,407	2,131
Other creditors	86,597	85,004
Accrued liabilities and deferred income	1,109	1,080
Total	179,082	172,951

6.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	18,954	25,822
Total	18,954	25,822

7.	Controlling party
	The company was controlled by its director, P D R Searle, throughout the period.