Company No: 04564910 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	J Haynes
	L Hickman
	J Holmes
	A Woodward

REGISTERED OFFICE	Walton Lane Nursery School & Rocking Horse Club
	Walton Lane
	Nelson
	BB9 8BP
	United Kingdom

COMPANY NUMBER

04564910 (England and Wales)

CHARTERED ACCOUNTANTS	PM+M Solutions for Business LLP
	New Century House
	Greenbank Technology Park
	Challenge Way
	Blackburn
	BB1 5QB

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	158		199
		158		199
Current assets
Debtors	4	70,760		45,635
Cash at bank and in hand		51,407		19,751
		122,167		65,386
Creditors: amounts falling due within one year	5	( 29,284)		( 27,831)
Net current assets		92,883		37,555
Total assets less current liabilities		93,041		37,754
Net assets		93,041		37,754
Reserves
Profit and loss account		93,041		37,754
Total reserves		93,041		37,754

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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of The Rocking Horse Club - Pendle Ltd (registered number: 04564910) were approved and authorised for issue by the Board of Directors on 02 December 2025. They were signed on its behalf by:

A Woodward Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The Rocking Horse Club - Pendle Ltd (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Walton Lane Nursery School & Rocking Horse Club, Walton Lane,, Nelson, BB9 8BP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	3.33 years straight line
Vehicles	6.67 years straight line
Fixtures and fittings	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	21		22

3. Tangible assets

	Leasehold improve- ments		Vehicles		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 April 2024	46,818		49,652		190,635		287,105
At 31 March 2025	46,818		49,652		190,635		287,105
Accumulated depreciation
At 01 April 2024	46,818		49,652		190,436		286,906
Charge for the financial year	0		0		41		41
At 31 March 2025	46,818		49,652		190,477		286,947
Net book value
At 31 March 2025	0		0		158		158
At 31 March 2024	0		0		199		199

4. Debtors

	2025		2024
	£		£
Trade debtors	4,004		3,191
Other debtors	66,756		42,444
	70,760		45,635

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Other creditors	29,284		27,831

6. Liability of members

The members of the The Rocking Horse Club - Pendle Ltd have undertaken to contribute a sum not exceeding £1 each to meet the liabilities of the Company if it should be wound up.

7. Related party transactions

Walton Lane Nursery School works very closely with the company and share the same premises and facilities. The directors of the company are some of the senior members of staff and governors of Walton Lane Nursery School. By concession and with full knowledge of these associated parties and Lancashire County Council the company occupies the premises on a rent free basis. The company pays for certain costs relating to the premises which are occupied in part by Walton Lane Nursery School, this period being in the sum of £12,600 (2024: £12,000).