Registration number: 07985435

Agnew Equine Ltd

Contents

Company Information	1
Statement Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Agnew Equine Ltd

Company Information

Directors

Mrs Jennifer Pearson Mrs Abigail Densem Mrs Gayle Louise Agnew Mr Robin Densem Mr Stuart Pearson Mr Arnold Joseph Agnew

Registered office

Hot Lane Farm Hot Lane Biddulph Moor Stoke-on-trent Staffordshire ST8 7HP

Accountants

Bright Partnership Limited Suite 1 Armcon Business Park, London Road South Poynton Cheshire SK12 1LQ

Agnew Equine Ltd

(Registration number: 07985435)
Statement Financial Position as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	132,398	108,601
Current assets
Stocks		35,400	30,000
Debtors	5	253,875	192,383
Cash at bank and in hand		619,844	620,487
		909,119	842,870
Creditors: Amounts falling due within one year	6	(249,484)	(251,456)
Net current assets		659,635	591,414
Total assets less current liabilities		792,033	700,015
Creditors: Amounts falling due after more than one year	6	(10,833)	(20,833)
Provisions for liabilities		(18,028)	(27,150)
Net assets		763,172	652,032
Capital and reserves
Called up share capital		6	6
Retained earnings		763,166	652,026
Shareholders' funds		763,172	652,032

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 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. 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 23 December 2025 and signed on its behalf by:
 

Agnew Equine Ltd

(Registration number: 07985435)
Statement Financial Position as at 31 March 2025

......................................... Mr Robin Densem Director

Agnew Equine Ltd

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

1	General information

Agnew Equine Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
 

2	Accounting policies

Basis of preparing the financial statements
 

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.


 

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
 

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.
 

Tangible assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
 

Asset class	Depreciation method and rate
Plant and machinery etc	25% on reducing balance, 25% on cost and 20% on reducing balance

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Page 4

Agnew Equine Ltd

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

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.
 

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

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	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 23 (2024 - 19).

Agnew Equine Ltd

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

4	Tangible assets

	Plant and machinery etc £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	186,430	133,695	320,125
Additions	-	62,637	62,637
Disposals	(35,819)	(41,642)	(77,461)
At 31 March 2025	150,611	154,690	305,301
Depreciation
At 1 April 2024	136,636	74,888	211,524
Charge for the year	12,571	19,076	31,647
Eliminated on disposal	(35,441)	(34,827)	(70,268)
At 31 March 2025	113,766	59,137	172,903
Carrying amount
At 31 March 2025	36,845	95,553	132,398
At 31 March 2024	49,794	58,807	108,601

5

Debtors

Current	2025 £	2024 £
Trade debtors	247,343	179,982
Other debtors	6,532	12,401
	253,875	192,383

6

Creditors

Creditors: amounts falling due within one year

Agnew Equine Ltd

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

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		10,000	10,000
Trade creditors		54,816	55,403
Taxation and social security		98,252	92,490
Other creditors		86,416	93,563
		249,484	251,456

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		10,833	20,833