Focused Equine Ltd 15501160 false 2024-02-18 2025-02-28 2025-02-28 The principal activity of the company is veterinary activities. Digita Accounts Production Advanced 6.30.9574.0 true 15501160 2024-02-18 2025-02-28 15501160 2025-02-28 15501160 core:RetainedEarningsAccumulatedLosses 2025-02-28 15501160 core:ShareCapital 2025-02-28 15501160 core:HirePurchaseContracts core:CurrentFinancialInstruments 2025-02-28 15501160 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2025-02-28 15501160 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 15501160 core:Non-currentFinancialInstruments core:AfterOneYear 2025-02-28 15501160 bus:SmallEntities 2024-02-18 2025-02-28 15501160 bus:AuditExemptWithAccountantsReport 2024-02-18 2025-02-28 15501160 bus:FullAccounts 2024-02-18 2025-02-28 15501160 bus:SmallCompaniesRegimeForAccounts 2024-02-18 2025-02-28 15501160 bus:RegisteredOffice 2024-02-18 2025-02-28 15501160 bus:Director1 2024-02-18 2025-02-28 15501160 bus:Director1 1 2024-02-18 2025-02-28 15501160 bus:Director2 2024-02-18 2025-02-28 15501160 bus:Director2 2 2024-02-18 2025-02-28 15501160 bus:Director3 2024-02-18 2025-02-28 15501160 bus:Director3 3 2024-02-18 2025-02-28 15501160 bus:PrivateLimitedCompanyLtd 2024-02-18 2025-02-28 15501160 core:FurnitureFittingsToolsEquipment 2024-02-18 2025-02-28 15501160 core:PlantMachinery 2024-02-18 2025-02-28 15501160 core:Vehicles 2024-02-18 2025-02-28 15501160 1 2024-02-18 2025-02-28 15501160 countries:EnglandWales 2024-02-18 2025-02-28 iso4217:GBP xbrli:pure

Registration number: 15501160

Focused Equine Ltd
Annual Report and Unaudited Filleted Abridged Financial Statements
for the Period from 18 February 2024 to 28 February 2025

Focused Equine Ltd

Contents

Abridged Balance Sheet | 1 to 2
Notes to the Unaudited Abridged Financial Statements | 3 to 5

Focused Equine Ltd

(Registration number: 15501160)
Abridged Balance Sheet as at 28 February 2025

| Note | 2025 £
Fixed assets |  |
Tangible assets | 4 | 245,182
Current assets |  |
Stocks | 5 | 29,070
Debtors |  | 206,703
Cash at bank and in hand |  | 200,256
|  | 436,029
Creditors: Amounts falling due within one year | 6 | (239,037)
Net current assets |  | 196,992
Total assets less current liabilities |  | 442,174
Creditors: Amounts falling due after more than one year | 7 | (117,023)
Provisions for liabilities |  | (61,119)
Net assets |  | 264,032
Capital and reserves |  |
Called up share capital |  | 450
Profit and loss account |  | 263,582
Total equity |  | 264,032

Focused Equine Ltd

(Registration number: 15501160)
Abridged Balance Sheet as at 28 February 2025

For the financial period ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

| The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
| The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 20 September 2025 and signed on its behalf by:

Mr E Lyall

Director

Ms P A Broadhurst

Director

Mr M Waterhouse

Director

Focused Equine Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 18 February 2024 to 28 February 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Calyx House
South Road
Taunton
Somerset
TA1 3DU

These financial statements were authorised for issue by the Board on 20 September 2025.

2 | Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Disclosure of long or short period

These accounts have been prepared for a period longer than one year as this is the first set of accounts prepared from company incorporation.

Revenue recognition

Turnover represents the amounts, exclusing value added tax, derived from the provision of goods and services to customers during the year.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Motor Vehicles | 25% reducing balance

Focused Equine Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 18 February 2024 to 28 February 2025

Plant and Machinery | 25% straight line
Fixtures and Fittings | 25% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 5.

4 | Tangible assets

| Total £
Cost or valuation
Additions | 326,910
At 28 February 2025 | 326,910
Depreciation
Charge for the period | 81,728
At 28 February 2025 | 81,728
Carrying amount
At 28 February 2025 | 245,182

5 | Stocks

| 2025 £
Stock | 29,070

6 | Creditors: amounts falling due within one year

| 2025 £
Current loans and borrowings
Hire purchase contracts | 39,199

7 | Creditors: amounts falling due after more than one year

| 2025 £
Non-current loans and borrowings
Hire purchase contracts | 117,023

Focused Equine Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 18 February 2024 to 28 February 2025

8 | Related party transactions

Advances to directors

Mr E Lyall During the period Mr E Lyall went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £11,312 (2024- £Nil). At the year end the amount outstanding from Mr E Lyall was £Nil (2024- £Nil). Interest has been charged at the commercial rate.
Ms P A Broadhurst During the period Ms P A Broadhurst went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £60,843 (2024- £Nil). At the year end the amount outstanding from Ms P A Broadhurst was £Nil (2024- £Nil). Interest has been charged at the commercial rate.
Mr M Waterhouse During the period Mr M Waterhouse went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £27,629 (2024- £Nil). At the year end the amount outstanding from Mr M Waterhouse was £Nil (2024- £Nil). Interest has been charged at the commercial rate.