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Registered number: 09342197
Shady Horsemanship Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
C&H Associates T/AS Mobile Accountants
Chartered Management Accountants & Tax Practitioners
206 Turners Hill
Cheshunt
Waltham Cross
Hertfordshire
EN8 9DE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09342197
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 6,971 6,971
Tangible Assets 5 45,163 45,367
52,134 52,338
CURRENT ASSETS
Cash at bank and in hand 108 3
108 3
Creditors: Amounts Falling Due Within One Year 6 (462,970 ) (460,299 )
NET CURRENT ASSETS (LIABILITIES) (462,862 ) (460,296 )
TOTAL ASSETS LESS CURRENT LIABILITIES (410,728 ) (407,958 )
NET LIABILITIES (410,728 ) (407,958 )
CAPITAL AND RESERVES
Called up share capital 7 15,100 15,100
Profit and Loss Account (425,828 ) (423,058 )
SHAREHOLDERS' FUNDS (410,728) (407,958)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Shady Abo Laben
Director
30/09/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Shady Horsemanship Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09342197 . The registered office is 206 Turners Hill, Cheshunt, Hertfordshire, EN8 9DE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 20
Plant & Machinery 20
Motor Vehicles 20
Fixtures & Fittings 20
Computer Equipment 20
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
Page 2
Page 3
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 January 2024 26,328 6,231 32,559
As at 31 December 2024 26,328 6,231 32,559
Amortisation
As at 1 January 2024 23,695 1,893 25,588
As at 31 December 2024 23,695 1,893 25,588
Net Book Value
As at 31 December 2024 2,633 4,338 6,971
As at 1 January 2024 2,633 4,338 6,971
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 105,741 16,285 6,621 128,647
As at 31 December 2024 105,741 16,285 6,621 128,647
Depreciation
As at 1 January 2024 65,938 11,740 5,602 83,280
Provided during the period - - 204 204
As at 31 December 2024 65,938 11,740 5,806 83,484
Net Book Value
As at 31 December 2024 39,803 4,545 815 45,163
As at 1 January 2024 39,803 4,545 1,019 45,367
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) (2 )
Other taxes and social security 10,275 6,087
Accruals and deferred income 8,845 11,611
Director's loan account 443,851 442,603
462,970 460,299
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 15,100 15,100
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