| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2025 |
| for |
| CHeventing Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2025 |
| for |
| CHeventing Limited |
| CHeventing Limited (Registered number: 13265925) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| CHeventing Limited |
| Company Information |
| for the Year Ended 31 March 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| The Old Stables |
| Sutton Manor Farm |
| Bishops Sutton |
| Alresford |
| Hampshire |
| SO24 0AA |
| CHeventing Limited (Registered number: 13265925) |
| Balance Sheet |
| 31 March 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks | 5 |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| PROVISIONS FOR LIABILITIES | 8 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings | ( |
) | ( |
) |
| ( |
) | ( |
) |
| The directors acknowledge their 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. |
| CHeventing Limited (Registered number: 13265925) |
| Balance Sheet - continued |
| 31 March 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| CHeventing Limited (Registered number: 13265925) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| CHeventing Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Going Concern |
| The financial statements for the period ended 31 March 2025 have been prepared on a going concern basis. The directors have considered a period of twelve months from the date of approval of these financial statements.. On this basis, the directors believe that it is appropriate to prepare the accounts on a going concern basis. |
| The company is reliant on the support of the directors to enable the company to meet its day to day financial obligations The directors have confirmed that they will continue to support the company for at least twelve months beyond the approval date of these financial statements, and will not withdraw the loan facilities provided if this would render the company unable to pay its liabilities as they fall due. |
| If this assumption proves inappropriate, then adjustments may have to be made to adjust the assets to their recoverable amounts and to provide for any further liabilities which may arise. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| CHeventing Limited (Registered number: 13265925) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 April 2024 |
| Additions |
| At 31 March 2025 |
| DEPRECIATION |
| At 1 April 2024 |
| Charge for year |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| 5. | STOCKS |
| 2025 | 2024 |
| £ | £ |
| Stocks |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Tax |
| Prepayments and accrued income |
| CHeventing Limited (Registered number: 13265925) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Tax |
| Social security and other taxes | ( |
) |
| Pensions | 331 | 365 |
| Other creditors |
| Directors' current accounts | 16,490 | 10,414 |
| Accruals and deferred income |
| 8. | PROVISIONS FOR LIABILITIES |
| 2025 | 2024 |
| £ | £ |
| Deferred tax | 1,314 | 1,448 |
| Deferred |
| tax |
| £ |
| Balance at 1 April 2024 |
| Accelerated capital allowances | (134 | ) |
| Balance at 31 March 2025 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| Value: | £ | £ |
| 10 | Ordinary | £1 | 10 | 10 |
| 1 | Ordinary 'A' | £1 | 1 | 1 |
| 1 | Ordinary 'B' | £1 | 1 | 1 |
| 12 | 12 |
| The Ordinary, Ordinary 'A' and Ordinary 'B' shares rank equally with regard to voting rights and rights in respect of capital including on winding up. |
| The Ordinary, Ordinary 'A' and Ordinary 'B' shares rank separately with regard to entitlement to dividends. The directors may at any time resolve to declare a dividend on one or more class of share and not on the other class of share. |
| CHeventing Limited (Registered number: 13265925) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 10. | RELATED PARTY DISCLOSURES |
| During the year, total dividends of £Nil (2024: £4,000) were paid to shareholders who are also directors in the company. |
| Miss C M R Harris |
| Director and majority shareholder |
| During the period under review, Miss C M R Harris, a director and majority shareholder of the company, provided a director's loan to the company. At the balance sheet date, Miss Harris was owed £13,990 (2024: £7,914). This balance is given interest free and is unsecured. |
| Mr S R P Ford |
| Director and shareholder |
| During the period under review, Mr S R P Ford, a director and shareholder of the company, provided a director's loan to the company. At the balance sheet date, Mr Ford was owed £1,250 (2024: £1,250). This balance is given interest free and is unsecured. |
| Mrs D C T Ford |
| Director and shareholder |
| During the period under review, Mrs D C T Ford, a director and shareholder of the company, provided a directors loan to the company. At the balance sheet date, Mrs Ford was owed £1,250 (2024: £1,250). This balance is given interest free and is unsecured. |
| Gemstone Eventing Limited |
| A company in which Miss C M R Harris is also a director and shareholder |
| During the period under review, the company provided loan facilities to Gemstone Eventing Limited, a company under common control. The balance owed to CHeventing Limited at the balance sheet date was £7,533 (2024: £14,133). This balance has been included within Other Debtors, is given interest free and is unsecured. |
| West Country Horse Transport Limited |
| A company in which Mr S R P Ford is also a director and shareholder |
| During the period under review, the company received loan facilities from West Country Horse Transport Limited, a company under common control. The balance owed by CHeventing Limited at the balance sheet date was £7,398 (2024: £13,900). This balance has been included within Other Creditors, is given interest free and is unsecured. |
| 11. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is Miss C M R Harris, a director of the company, by virtue of her majority shareholding in the business. |