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Registration number: 03735413

Eastfield Stables Limited
Annual Report and Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Eastfield Stables Limited

Contents

Company Information | 1
Profit and Loss Account and Statement of Retained Earnings | 2
Balance Sheet | 3
Notes to the Unaudited Financial Statements | 4 to 8

Eastfield Stables Limited

Company Information

Directors | O A Burge A D Miller

Registered office | The Courtyard Holt Lodge Farm Horton Wimborne Dorset BH21 7JN

Accountants | Manningtons 8 High Street Heathfield East Sussex TN21 8LS

Eastfield Stables Limited

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 31 March 2025

| Note | 2025 £ | 2024 £
Turnover |  | 20,290 | 21,473
Cost of sales |  | (15,765) | (16,180)
Gross profit |  | 4,525 | 5,293
Administrative expenses |  | (8,977) | (8,980)
Operating loss |  | (4,452) | (3,687)
Loss before tax |  | (4,452) | (3,687)
Loss for the financial year |  | (4,452) | (3,687)
Retained earnings brought forward |  | (1,125) | 2,562
Retained earnings carried forward |  | (5,577) | (1,125)

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Eastfield Stables Limited

(Registration number: 03735413)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Stocks | 5 | 2,257 | 2,326
Debtors | 6 | 567 | 397
Cash at bank and in hand |  | 12,622 | 13,726
|  | 15,446 | 16,449
Creditors: Amounts falling due within one year | 7 | (20,923) | (17,474)
Net liabilities |  | (5,477) | (1,025)
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | (5,577) | (1,125)
Shareholders' deficit |  | (5,477) | (1,025)

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.

Directors' responsibilities:

• | 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 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 7 November 2025 and signed on its behalf by:

......................................... O A Burge Director

Eastfield Stables Limited

Notes to the Unaudited 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, Reg. No. 03735413.

The address of its registered office is:
The Courtyard Holt Lodge Farm
Horton
Wimborne
Dorset
BH21 7JN
England

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.

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

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable from livery sales and teaching. Turnover is shown net of 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.

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
Equipment | 20% straight line

Eastfield Stables Limited

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

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised at the transaction price.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
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 inventories 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2024 - 1).

Eastfield Stables Limited

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

4 | Tangible assets

| Other tangible assets £ | Total £
Cost or valuation
At 1 April 2024 | 1,352 | 1,352
At 31 March 2025 | 1,352 | 1,352
Depreciation
At 1 April 2024 | 1,352 | 1,352
At 31 March 2025 | 1,352 | 1,352
Carrying amount
At 31 March 2025 | - | -

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 2,257 | 2,326

6 | Debtors

| 2025 £ | 2024 £
Taxation and social security | 295 | -
Prepayments | 272 | 311
Other debtors | - | 86
| 567 | 397

Eastfield Stables Limited

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

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 1,526 | 124
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 8 | 17,667 | 14,823
Taxation and social security |  | 2 | 984
Accruals and deferred income |  | 1,410 | 1,225
Director loan account |  | 318 | 318
|  | 20,923 | 17,474

8 | Related party transactions

Loans from related parties

2025 | Parent £ | Total £
At start of period | 14,823 | 14,823
Advanced | 2,843 | 2,843
At end of period | 17,666 | 17,666

2024 | Parent £ | Total £
At start of period | 10,442 | 10,442
Advanced | 4,381 | 4,381
At end of period | 14,823 | 14,823

Terms of loans from related parties

The loan from the parent company is non interest and not repayable on demand

Eastfield Stables Limited

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

9 | Parent and ultimate parent undertaking

The company's immediate parent is Marchmont Farms Limited, incorporated in England and Wales, Reg. No. 01760471.
These financial statements are available upon request from The Courtyard
Holt Lodge Farm
Horton
Wimborne
Dorset
BH21 7JN