REGISTERED NUMBER: 14700241 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

LB Sports Horses Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L J Bradley

H R Bradley

REGISTERED OFFICE:

Exton Stud

Allens Farm Lane

Exton

Hampshire

SO32 3NW

REGISTERED NUMBER:

14700241 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishops Sutton

Alresford

Hampshire

SO24 0AA

CURRENT ASSETS

Debtors

4

39,929

33,586

Cash at bank

-

4,540

39,929

38,126

CREDITORS

Amounts falling due within one year

5

9,302

11,440

NET CURRENT ASSETS

30,627

26,686

TOTAL ASSETS LESS CURRENT LIABILITIES

30,627

26,686

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

30,527

26,586

SHAREHOLDERS' FUNDS

30,627

26,686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

H R Bradley - Director

1.	STATUTORY INFORMATION

LB Sports Horses 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 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.

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.

3.

EMPLOYEES

The average number of employees during the year was NIL (2024 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,155

1,560

L B Equestrian

18,274

32,026

Directors' current accounts

19,500

-

39,929

33,586

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

714

-

Trade creditors

107

-

Corporation tax

5,449

7,644

Other creditors

1,862

500

Directors' current accounts

-

2,156

Accrued expenses

1,170

1,140

9,302

11,440

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £8,446 (2024 - £6,000) were paid to the directors .

The directors maintain loan accounts with the company. At the year end they owed the company £19,500 (2024 - company owed £2,156).

At the year end the company was owed £18,274 (2024: £32,026) by L B Equestrian, a partnership owned and controlled by the directors.