Ipotane Saddlery Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 10749716

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1,172		1,573

			1,172		1,573
CURRENT ASSETS
Debtors	5	3,182		2,388
Cash at bank and in hand		475		759

		3,657		3,147
Creditors: Amounts Falling Due Within One Year	6	(75,313 )		(69,636 )

NET CURRENT ASSETS (LIABILITIES)			(71,656 )		(66,489 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(70,484 )		(64,916 )

NET LIABILITIES			(70,484 )		(64,916 )

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			(70,485 )		(64,917 )

SHAREHOLDERS' FUNDS			(70,484)		(64,916)

For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Bradley Fowler-Whale

Director

05/01/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Ipotane Saddlery Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10749716 . The registered office is 50 Cowleaze, Chinnor, Oxfordshire, OX39 4TB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are patents. It is amortised to profit and loss account over its estimated economic life of 10 years.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: 1)

4. Intangible Assets

	Other
	£
Cost
As at 1 June 2024	4,015

As at 31 May 2025	4,015

Amortisation
As at 1 June 2024	2,442
Provided during the period	401

As at 31 May 2025	2,843

Net Book Value
As at 31 May 2025	1,172

As at 1 June 2024	1,573

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Ipotane Saddlery Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,848	2,349
Amounts recoverable on contracts	992	-
Other debtors	342	39

	3,182	2,388

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	75,313	69,338
Taxation and social security	-	298

	75,313	69,636

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

8. Ultimate Controlling Party

The company's ultimate controlling party is Bradley Whale by virtue of his ownership of 100% of the issued share capital in the company.

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