Company No: 12128298 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	J F Armstrong
	P M Blackwood
	H F H Cobbe (Resigned 30 July 2025)
	P A White

REGISTERED OFFICE	27 Kemplay Road
	London
	England
	NW3 1TA
	United Kingdom

COMPANY NUMBER

12128298 (England and Wales)

ACCOUNTANT	S&W Partners LLP
	Onslow House
	Onslow Street
	Guildford
	GU1 4TL

	Note	2025		2024
		£		£
Current assets
Cash at bank and in hand		799,274		314,794
		799,274		314,794
Creditors: amounts falling due within one year	46	( 10,304)		( 1,205,437)
Net current assets/(liabilities)		788,970		(890,643)
Total assets less current liabilities		788,970		(890,643)
Net assets/(liabilities)		788,970		( 890,643)
Capital and reserves
Called-up share capital		1,800,001		1
Profit and loss account		( 1,011,031 )		( 890,644 )
Total shareholder's funds/(deficit)		788,970		( 890,643)

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

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Cavallo Farm Limited (registered number: 12128298) were approved and authorised for issue by the Board of Directors on 12 January 2026. They were signed on its behalf by:

P A White Director

J F Armstrong Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Cavallo Farm Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 27 Kemplay Road, London, England, NW3 1TA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Cavallo Farm Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The directors have carefully reviewed the future prospects of the company and its future cash flows, including the ability of the company to meet its day-to-day working capital requirements through continuing financial support of the directors. The directors have considered the net liabilities of the company at 31 July 2025 and on the basis that the loans made to the company will not be repaid until the company has sufficient funds to do so, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future being at least the next 12 months from signing of these financial statements.

For this reason, the directors continue to adopt the going concern basis for the preparation of the financial statements. Accordingly, these financial statements do not include any adjustments to the carrying amount or classification of assets and liabilities that would result if the company was unable to continue as a going concern.

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the company in independently administered funds.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Critical accounting judgements and key sources of estimation uncertainty

No significant judgements have had to be made by the director in preparing these financial statements.

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	7		5

4. Creditors: amounts falling due within one year

	2025		2024
	£		£
Accruals	7,028		6,517
Other taxation and social security	2,854		8,526
Other creditors	422		1,190,394
	10,304		1,205,437

5. Related party transactions

During the year the director advanced the company £1,245,001 (2024: £431,808). Payments collected on behalf of the director was £3,001 (2024: £2,550). Payments made on behalf of the company was £nil (2024: £nil). Sales made to the director was £130,170 (2024: £48,255). At the balance sheet date, included within other creditors is an amount of £nil (2024: £1,190,096) due to directors. This amount is unsecured, interest free and repayable on demand.

6. Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £3149 (2023: £2,982). Contributions totalling £421 (2023: £298) were payable to the fund at the balance sheet date.