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Registration number: 04781006

Equine Blades Direct Limited
Annual Report and Unaudited Filleted Abridged Financial Statements
for the Year Ended 31 March 2025

Equine Blades Direct Limited

Contents

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

Equine Blades Direct Limited

(Registration number: 04781006)
Abridged Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 37,702 | 54,991
Current assets |  |  |
Stocks |  | 593,118 | 586,345
Debtors |  | 325,864 | 289,553
Cash at bank and in hand |  | 383,351 | 335,476
|  | 1,302,333 | 1,211,374
Creditors: Amounts falling due within one year |  | (260,917) | (302,961)
Net current assets |  | 1,041,416 | 908,413
Total assets less current liabilities |  | 1,079,118 | 963,404
Provisions for liabilities |  | (6,086) | (9,930)
Net assets |  | 1,073,032 | 953,474
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Profit and loss account |  | 1,072,932 | 953,374
Total equity |  | 1,073,032 | 953,474

Equine Blades Direct Limited

(Registration number: 04781006)
Abridged Balance Sheet as at 31 March 2025

For the financial year ending 31 March 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 year 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 Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 30 September 2025 and signed on its behalf by:

Mr T Lee

Director

Mr H Billson

Director

Equine Blades Direct Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 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:
Ashgrove Farm
Sand
Wedmore
Somerset
BS28 4XF

These financial statements were authorised for issue by the Board on 30 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

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.

Equine Blades Direct Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

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
Land and buildings | 10% straight line
Plant and machinery | 25% reducing balance
Fixtures and fittings | 25% reducing balance
Office equipment | 33% straight line
Motor vehicles | 25% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2024 - 8).

4 | Tangible assets

| Total £
Cost or valuation
At 1 April 2024 | 155,035
Additions | 1,160
Disposals | (8,700)
At 31 March 2025 | 147,495
Depreciation
At 1 April 2024 | 100,045
Charge for the year | 13,554
Eliminated on disposal | (3,806)
At 31 March 2025 | 109,793
Carrying amount
At 31 March 2025 | 37,702
At 31 March 2024 | 54,991

Equine Blades Direct Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

5 | Related party transactions

Advances to directors

Mr T Lee During the period Mr T Lee went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £28,614 (2024 - £Nil). At the year end the amount outstanding from Mr T Lee was £27,897 (2024 - £). Interest has been charged at the commercial rate.

Summary of transactions with other related parties

Within other debtors is a loan to Equine Dental Services (South West) Ltd for £154,712 (2024 - £134,510) which is a related company under common control.
Within other debtors is a loan to Ashgrove Farm Produce Ltd for £13,516 (2024 - £13,516) which is a related company under common control.