Munsgore Farm Stables Ltd

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

Registered number: 11349707

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		22,536		21,674

			22,536		21,674
CURRENT ASSETS
Cash at bank and in hand		265		601

		265		601
Creditors: Amounts Falling Due Within One Year	5	(26,995 )		(25,086 )

NET CURRENT ASSETS (LIABILITIES)			(26,730 )		(24,485 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(4,194 )		(2,811 )

NET LIABILITIES			(4,194 )		(2,811 )

CAPITAL AND RESERVES
Called up share capital	6		1		1
Profit and Loss Account			(4,195 )		(2,812 )

SHAREHOLDERS' FUNDS			(4,194)		(2,811)

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 her 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

Mrs S E Appleby

Director

20th January 2026

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

1. General Information

Munsgore Farm Stables Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11349707 . The registered office is Munsgore Farm Stables, Munsgore Lane, Borden, Sittingbourne, Kent, ME9 8JU.

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. Going Concern Disclosure

The accounts have been prepared on a going concern basis. This basis may not be appropriate because the company has, at 31 May 2025, net liabilities of £4,194 (2024: £2,811). The validity of the going concern basis is dependent upon the continued support of the director.

2.3. 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.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The assets' residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying value amount and are recognised in the Income Statement.

Riding School	Not depreciated
Plant & Machinery	20% on reducing balance

2.5. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

2.6. Debtors

Short term debtors are measured at transaction price, less any impairment.

2.7. Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions.

2.8. Creditors

Short term creditors are measured at the transaction price.

3. Average Number of Employees

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

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Munsgore Farm Stables Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

4. Tangible Assets

	Land & Property
	Riding School	Plant & Machinery	Total
	£	£	£
Cost
As at 1 June 2024	20,565	4,234	24,799
Additions	-	1,355	1,355

As at 31 May 2025	20,565	5,589	26,154

Depreciation
As at 1 June 2024	-	3,125	3,125
Provided during the period	-	493	493

As at 31 May 2025	-	3,618	3,618

Net Book Value
As at 31 May 2025	20,565	1,971	22,536

As at 1 June 2024	20,565	1,109	21,674

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	26,995	25,086

6. Share Capital

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

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