IRIS Accounts Production v25.3.0.601 05163114 director 1.7.24 30.6.25 30.6.25 0 0 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 05163114 2024-06-30 05163114 2025-06-30 05163114 2024-07-01 2025-06-30 05163114 2023-06-30 05163114 2023-07-01 2024-06-30 05163114 2024-06-30 05163114 ns15:EnglandWales 2024-07-01 2025-06-30 05163114 ns14:PoundSterling 2024-07-01 2025-06-30 05163114 ns10:Director1 2024-07-01 2025-06-30 05163114 ns10:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 05163114 ns10:SmallEntities 2024-07-01 2025-06-30 05163114 ns10:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 05163114 ns10:SmallCompaniesRegimeForDirectorsReport 2024-07-01 2025-06-30 05163114 ns10:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 05163114 ns10:FullAccounts 2024-07-01 2025-06-30 05163114 ns10:OrdinaryShareClass1 2024-07-01 2025-06-30 05163114 ns10:CompanySecretary1 2024-07-01 2025-06-30 05163114 ns10:RegisteredOffice 2024-07-01 2025-06-30 05163114 ns5:CurrentFinancialInstruments 2025-06-30 05163114 ns5:CurrentFinancialInstruments 2024-06-30 05163114 ns5:Non-currentFinancialInstruments 2025-06-30 05163114 ns5:Non-currentFinancialInstruments 2024-06-30 05163114 ns5:ShareCapital 2025-06-30 05163114 ns5:ShareCapital 2024-06-30 05163114 ns5:RetainedEarningsAccumulatedLosses 2025-06-30 05163114 ns5:RetainedEarningsAccumulatedLosses 2024-06-30 05163114 ns5:PlantMachinery 2024-06-30 05163114 ns5:ComputerEquipment 2024-06-30 05163114 ns5:PlantMachinery 2024-07-01 2025-06-30 05163114 ns5:ComputerEquipment 2024-07-01 2025-06-30 05163114 ns5:PlantMachinery 2025-06-30 05163114 ns5:ComputerEquipment 2025-06-30 05163114 ns5:PlantMachinery 2024-06-30 05163114 ns5:ComputerEquipment 2024-06-30 05163114 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-06-30 05163114 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-06-30 05163114 ns10:OrdinaryShareClass1 2025-06-30

REGISTERED NUMBER: 05163114 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30TH JUNE 2025 |

| FOR |

| APPALOOSA YACHTING LIMITED |

APPALOOSA YACHTING LIMITED (REGISTERED NUMBER: 05163114)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

APPALOOSA YACHTING LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 30TH JUNE 2025

| DIRECTOR: | B Cooke

| SECRETARY: | Mrs J Cooke

| REGISTERED OFFICE: | Venture House

| The Tanneries

| East Street

| Titchfield

| Hampshire

| PO14 4AR

| REGISTERED NUMBER: | 05163114 (England and Wales)

| ACCOUNTANTS: | Compass Accountants Limited

| Chartered Accountants

| Venture House

| The Tanneries

| East Street

| Titchfield

| Hampshire

| PO14 4AR

| BANKERS: | Lloyds TSB Bank Plc

| 19-23 Obelisk Way

| Camberley

| Surrey

| GU15 3SE

APPALOOSA YACHTING LIMITED (REGISTERED NUMBER: 05163114)

BALANCE SHEET

30TH JUNE 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 18,379 |  | 19,838 |  |

CURRENT ASSETS

Debtors | 5 | 13,007 |  | 13,972 |  |

Cash at bank | 137 |  | 809 |  |

13,144 |  | 14,781 |  |

CREDITORS

Amounts falling due within one year | 6 | 247,956 |  | 232,862 |  |

NET CURRENT LIABILITIES | (234,812 | ) | (218,081 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (216,433 | ) | (198,243 | ) |

CREDITORS

Amounts falling due after more than one year | 7 | - |  | 1,669 |  |

NET LIABILITIES | (216,433 | ) | (199,912 | ) |

CAPITAL AND RESERVES

Called up share capital | 8 | 1 |  | 1 |  |

Retained earnings | (216,434 | ) | (199,913 | ) |

SHAREHOLDERS' FUNDS | (216,433 | ) | (199,912 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15th October 2025 and were signed by:

B Cooke - Director

APPALOOSA YACHTING LIMITED (REGISTERED NUMBER: 05163114)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2025

1. | STATUTORY INFORMATION

| Appaloosa Yachting Limited is a private company limited by share capital and incorporated in England and Wales. The registered office is Venture House, The Tanneries, East Street, Titchfield, Hampshire, PO14 4AR.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been 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. The financial statements have been prepared under the historical cost convention.

| The accounting policies as disclosed have been applied consistently throughout the current and preceding year.

| The financial statements are presented in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

| Turnover

| Revenue for the provision of services is recognised when it is probable that an economic benefit will flow to the entity and the revenue and associated costs can be reliably measured. For continuing services, revenue is recognised when the stage of completion can be reliably measured.

| Tangible fixed assets

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

| Yacht - 5% on reducing balance

| Computer equipment - 25% on reducing balance

| 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.

| Going concern

| The financial statements for the year ended 30th June 2025 have been prepared on a going concern basis. In making this going concern assessment, all available information about the foreseeable future has been taken into account.

| Despite net liabilities exceeding net assets for the period ending 30th June 2024 the director feels that as the majority of net liabilities are directors loan accounts, the going concern basis of preparation remains appropriate.

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

| Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention

| to settle on a net basis or to realise the asset and settle the liability simultaneously.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

APPALOOSA YACHTING LIMITED (REGISTERED NUMBER: 05163114)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH JUNE 2025

4. | TANGIBLE FIXED ASSETS

| Computer |

| Yacht |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1st July 2024

| and 30th June 2025 | 76,505 |  | 6,866 |  | 83,371 |  |

| DEPRECIATION

| At 1st July 2024 | 59,003 |  | 4,530 |  | 63,533 |  |

| Charge for year | 875 |  | 584 |  | 1,459 |  |

| At 30th June 2025 | 59,878 |  | 5,114 |  | 64,992 |  |

| NET BOOK VALUE

| At 30th June 2025 | 16,627 |  | 1,752 |  | 18,379 |  |

| At 30th June 2024 | 17,502 |  | 2,336 |  | 19,838 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 4,569 |  | 5,347 |  |

| Other debtors | 8,438 |  | 8,625 |  |

13,007 |  | 13,972 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 1,709 |  | 1,499 |  |

| Trade creditors | 3,864 |  | - |  |

| Other creditors | 242,383 |  | 231,363 |  |

247,956 |  | 232,862 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | - |  | 1,669 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |