REGISTERED NUMBER: 13081280 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Highgate Equestrian Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M F Webster

S Armstrong-Owen

REGISTERED OFFICE:

Hillgate Place

77 Middle Hillgate

Stockport

Cheshire

SK1 3EH

REGISTERED NUMBER:

13081280 (England and Wales)

ACCOUNTANTS:

HLP Ltd

Accounting and Tax Solutions

Hillgate Place

77 Middle Hillgate

Stockport

Cheshire

SK1 3EH

FIXED ASSETS

Tangible assets

4

20,895

19,190

CURRENT ASSETS

Stocks

1,120

570

Debtors

5

928

1,518

Cash at bank and in hand

1,111

273

3,159

2,361

CREDITORS

Amounts falling due within one year

6

32,677

30,309

NET CURRENT LIABILITIES

(29,518

)

(27,948

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,623

)

(8,758

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(8,624

)

(8,759

)

(8,623

)

(8,758

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

S Armstrong-Owen - Director

1.	STATUTORY INFORMATION

Highgate Equestrian 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

20% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

The financial statements have been prepared on a going concern basis. This may not be appropriate because the company's liabilities exceed its assets.

It is the opinion of the directors that this basis is correct in that they expect the company to commence trading profitably in the coming year thus making it solvent. The company also has adequate financial backing from its creditors the largest of which is the directors.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

machinery

Totals

£

£

£

COST

At 1 January 2024

13,670

6,562

20,232

Additions

-

3,253

3,253

At 31 December 2024

13,670

9,815

23,485

DEPRECIATION

At 1 January 2024

-

1,042

1,042

Charge for year

-

1,548

1,548

At 31 December 2024

-

2,590

2,590

NET BOOK VALUE

At 31 December 2024

13,670

7,225

20,895

At 31 December 2023

13,670

5,520

19,190

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

29

-

Other debtors

899

1,518

928

1,518

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Payments on account

1,500

-

Trade creditors

-

710

Other creditors

31,177

29,599

32,677

30,309