Registered number: OC392689
Unaudited financial statements
for the year ended 30 March 2025
for
Spring Hill Dressage Llp
Pages for filing with the Registrar
Registered number: OC392689
Spring Hill Dressage Llp
Balance sheet
as at 30 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 989,307 1,078,612
989,307 1,078,612
Current assets
Stocks 23,000 23,000
Debtors 17,379 7,416
Cash at bank and in hand 93,194 8,559
133,573 38,975
Creditors: amounts falling due within one
year
(16,793) (6,898)
Net current assets 116,780 32,077
Total assets less current liabilities 1,106,087 1,110,689
NET ASSETS ATTRIBUTABLE TO
MEMBERS
1,106,087 1,110,689
Represented by:
Loans and other debts due to members
Members' capital classified as a liability 456,087 460,689
456,087 460,689
Members' other interests
Members' capital classified as equity 650,000 650,000
650,000 650,000
1,106,087 1,110,689
Members' total interests
Loans and other debts due to members 456,087 460,689
Members' other interests 650,000 650,000
1,106,087 1,110,689
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Registered number: OC392689
Spring Hill Dressage Llp
Balance sheet - continued
as at 30 March 2025
The LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs for the year ended 30 March 2025.
The members acknowledge their responsibilities to comply with the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 in respect to accounting records and the preparation of financial statements.
The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the members and authorised for issue on 18 December 2025 and signed on their behalf by:
Mrs E Ward, Designated Member
18 December 2025
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Spring Hill Dressage Llp
Notes to the financial statements
for the year ended 30 March 2025
1 General information
Spring Hill Dressage Llp is a limited liability partnership registered in England and Wales. Its registered number is OC392689. Its registered office is Spring Hill Dressage, Maynards Green, Heathfield, East Sussex, TN21 0DJ.
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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships and the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the members have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the LLP's ability to continue as a going concern. In making this assessment, the members take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The members consider that the LLP has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - Straight line over 20 years
Plant and machinery etc.:
Improvements to property - Straight line over 20 years
Plant and machinery - 25% reducing balance
Fixtures & fittings - 15% reducing balance
Motor vehicles - 15% reducing balance
Computer equipment - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Spring Hill Dressage Llp
Notes to the financial statements - continued
for the year ended 30 March 2025
2 Accounting policies - continued
Retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit and loss in the period to which they relate.
Members' transactions with the LLP
The profit for the year before members' remuneration and profit shares was £10,589 (2024 - £83,154 loss).
3 Average number of employees
During the year the average number of employees was 3 (2024 - 3).
4 Tangible fixed assets
Land and
buildings
Plant and
machinery
etc.
Totals
£ £ £
Cost
At 31 March 2024 650,000 1,305,911 1,955,911
Additions - 5,407 5,407
At 30 March 2025 650,000 1,311,318 1,961,318
Depreciation
At 31 March 2024 248,973 628,326 877,299
Charge for year 25,000 69,712 94,712
At 30 March 2025 273,973 698,038 972,011
Net book value
At 30 March 2025 376,027 613,280 989,307
At 30 March 2024 401,027 677,585 1,078,612
5 Loans and other debts due to members
Amounts owed to members at the year-end in respect of profits amounted to £1,044,802 (2024: £1,042,055)

In the event of a winding up other unsecured creditors of the LLP will take priority over any loans and other debts due to members.
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Spring Hill Dressage Llp
Notes to the financial statements - continued
for the year ended 30 March 2025
6 Controlling party
During the period under review the LLP was under the control of Mr S L Hansen and Mrs E C Ward Hansen, members and equal partners of the LLP.
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