K.P Horse Transport Ltd 15736082 false 2024-05-22 2025-05-31 2025-05-31 The principal activity of the company is mixed farming. Digita Accounts Production Advanced 6.30.9574.0 true 15736082 2024-05-22 2025-05-31 15736082 2025-05-31 15736082 core:RetainedEarningsAccumulatedLosses 2025-05-31 15736082 core:ShareCapital 2025-05-31 15736082 core:CurrentFinancialInstruments 2025-05-31 15736082 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-31 15736082 core:Non-currentFinancialInstruments core:AfterOneYear 2025-05-31 15736082 core:MotorVehicles 2025-05-31 15736082 bus:SmallEntities 2024-05-22 2025-05-31 15736082 bus:AuditExemptWithAccountantsReport 2024-05-22 2025-05-31 15736082 bus:FilletedAccounts 2024-05-22 2025-05-31 15736082 bus:SmallCompaniesRegimeForAccounts 2024-05-22 2025-05-31 15736082 bus:RegisteredOffice 2024-05-22 2025-05-31 15736082 bus:Director1 2024-05-22 2025-05-31 15736082 bus:Director2 2024-05-22 2025-05-31 15736082 bus:PrivateLimitedCompanyLtd 2024-05-22 2025-05-31 15736082 core:MotorVehicles 2024-05-22 2025-05-31 15736082 countries:EnglandWales 2024-05-22 2025-05-31 iso4217:GBP xbrli:pure

Registration number: 15736082

K.P Horse Transport Ltd
Unaudited Financial Statements
for the Period from 22 May 2024 to 31 May 2025

K.P Horse Transport Ltd

Contents

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

K.P Horse Transport Ltd

(Registration number: 15736082)
Balance Sheet as at 31 May 2025

| Note | 2025 £
Fixed assets |  |
Tangible assets | 4 | 38,250
Current assets |  |
Cash at bank and in hand |  | 1,556
Creditors: Amounts falling due within one year | 6 | (18,754)
Net current liabilities |  | (17,198)
Total assets less current liabilities |  | 21,052
Creditors: Amounts falling due after more than one year | 6 | (20,191)
Net assets |  | 861
Capital and reserves |  |
Called up share capital |  | 2
Retained earnings |  | 859
Shareholders' funds |  | 861

For the financial period ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 November 2025 and signed on its behalf by:

K.P Horse Transport Ltd

(Registration number: 15736082)
Balance Sheet as at 31 May 2025

......................................... Miss C Pritchard Director
......................................... Mr L Kettleborough Director

K.P Horse Transport Ltd

Notes to the Unaudited Financial Statements for the Period from 22 May 2024 to 31 May 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:
Vicarage Farm
Coventry Road
Church Lawford
Rugby
CV23 9HB

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These 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.

Judgements

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 revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

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 that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

K.P Horse Transport Ltd

Notes to the Unaudited Financial Statements for the Period from 22 May 2024 to 31 May 2025

Tax

The current income 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

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 | 15% Reducing Balance

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

K.P Horse Transport Ltd

Notes to the Unaudited Financial Statements for the Period from 22 May 2024 to 31 May 2025

4 | Tangible assets

| Motor vehicles £ | Total £
Cost or valuation
Additions | 45,000 | 45,000
At 31 May 2025 | 45,000 | 45,000
Depreciation
Charge for the period | 6,750 | 6,750
At 31 May 2025 | 6,750 | 6,750
Carrying amount
At 31 May 2025 | 38,250 | 38,250

5 | Debtors

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £
Due within one year |  |
Loans and borrowings |  | 8,076
Amounts owed to group undertakings |  | 3,663
Accruals and deferred income |  | 900
Other creditors |  | 6,115
|  | 18,754

Current loans and borrowings

| 2025 £
HP and finance lease liabilities | 8,076

Creditors: amounts falling due after more than one year

| Note | 2025 £
Due after one year |  |
Loans and borrowings |  | 20,191

Other borrowings