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REGISTERED NUMBER: 04856918 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Jill Carenza Equestrian Ltd

| Jill Carenza Equestrian Ltd (Registered number: 04856918) |

Contents of the Financial Statements

for the year ended 28 February 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Jill Carenza Equestrian Ltd |

Company Information

for the year ended 28 February 2025

| DIRECTORS: | Mrs K J Langsbury

| Miss E A Carenza

| SECRETARY: | A J Langsbury

| REGISTERED OFFICE: | Meryll House

| 57 Worcester Road

| Bromsgrove

| Worcestershire

| B61 7DN

| REGISTERED NUMBER: | 04856918 (England and Wales)

| ACCOUNTANTS: | Pinfields Limited

| Chartered Accountants

| Meryll House

| 57 Worcester Road

| Bromsgrove

| Worcestershire

| B61 7DN

| Jill Carenza Equestrian Ltd (Registered number: 04856918) |

Balance Sheet

28 February 2025

| 28.2.25 | 29.2.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 65,461 |  | 50,501 |  |

CURRENT ASSETS

Stocks | 120,707 |  | 127,957 |  |

Debtors | 5 | 105,232 |  | 70,900 |  |

Cash at bank and in hand | 536 |  | 3,471 |  |

226,475 |  | 202,328 |  |

CREDITORS

Amounts falling due within one year | 6 | 251,480 |  | 214,149 |  |

NET CURRENT LIABILITIES | (25,005 | ) | (11,821 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 40,456 |  | 38,680 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (22,421 | ) | (21,567 | ) |

PROVISIONS FOR LIABILITIES | - |  | (3,329 | ) |

NET ASSETS | 18,035 |  | 13,784 |  |

| Jill Carenza Equestrian Ltd (Registered number: 04856918) |

Balance Sheet - continued

28 February 2025

| 28.2.25 | 29.2.24 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 500 |  | 500 |  |

Retained earnings | 17,535 |  | 13,284 |  |

SHAREHOLDERS' FUNDS | 18,035 |  | 13,784 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 January 2026 and were signed on its behalf by:

Mrs K J Langsbury - Director

| Jill Carenza Equestrian Ltd (Registered number: 04856918) |

Notes to the Financial Statements

for the year ended 28 February 2025

1. | STATUTORY INFORMATION

| Jill Carenza Equestrian 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| The presentation currency of these financial statements is sterling (£) and they are rounded to the nearest £1.

| Going concern basis of accounting

| The accounts have been prepared on the assumption that the company is able to carry on business as a going concern which the directors consider is appropriate.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| 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

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Land and buildings | - | Straight line over the life of the asset

| Plant and machinery etc | - | 25% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Jill Carenza Equestrian Ltd (Registered number: 04856918) |

Notes to the Financial Statements - continued

for the year ended 28 February 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| 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 AND DIRECTORS

| The average number of employees during the year was 15 (2024 - 25 ) .

| Jill Carenza Equestrian Ltd (Registered number: 04856918) |

Notes to the Financial Statements - continued

for the year ended 28 February 2025

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 March 2024 | 47,800 |  | 114,158 |  | 161,958 |  |

| Additions | - |  | 23,434 |  | 23,434 |  |

| At 28 February 2025 | 47,800 |  | 137,592 |  | 185,392 |  |

| DEPRECIATION

| At 1 March 2024 | 12,440 |  | 99,017 |  | 111,457 |  |

| Charge for year | 1,964 |  | 6,510 |  | 8,474 |  |

| At 28 February 2025 | 14,404 |  | 105,527 |  | 119,931 |  |

| NET BOOK VALUE

| At 28 February 2025 | 33,396 |  | 32,065 |  | 65,461 |  |

| At 29 February 2024 | 35,360 |  | 15,141 |  | 50,501 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 29.2.24

£ | £ |

| Other debtors | 51,655 |  | 15,859 |  |

| Directors' current accounts | 28,703 |  | 28,703 |  |

| Tax | 4,652 |  | - |  |

| S455 tax debtor | 9,328 |  | 17,004 |  |

| VAT | 9,818 |  | 6,871 |  |

| Prepayments | 1,076 |  | 2,463 |  |

105,232 |  | 70,900 |  |

| Jill Carenza Equestrian Ltd (Registered number: 04856918) |

Notes to the Financial Statements - continued

for the year ended 28 February 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 29.2.24

£ | £ |

| Bank loans and overdrafts | 35,406 |  | 35,550 |  |

| Hire purchase contracts | 2,424 |  | - |  |

| Trade creditors | 64,525 |  | 91,768 |  |

| Tax | - |  | 19,291 |  |

| Social security and other taxes | 44,445 |  | 36,976 |  |

| Other creditors | 89,825 |  | 18,342 |  |

| Wages control account | 8,081 |  | 7,198 |  |

| Accrued expenses | 6,774 |  | 5,024 |  |

251,480 |  | 214,149 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 28.2.25 |  | 29.2.24

£ | £ |

| Bank loans - 1-2 years | 9,997 |  | 10,000 |  |

| Bank loans - 2-5 years | 6,971 |  | 11,567 |  |

| Hire purchase contracts | 5,453 |  | - |  |

22,421 |  | 21,567 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 28.2.25 |  | 29.2.24

£ | £ |

| Bank overdrafts | 25,406 |  | 25,550 |  |

| Hire purchase contracts | 7,877 |  | - |  |

33,283 |  | 25,550 |  |

| The bank overdraft is secured by a debenture dated 8/12/16 which includes a fixed charge over certain assets and a floating charge over all assets of the company. The hire purchase liabilities are secured on the related tangible fixed assets.

| Jill Carenza Equestrian Ltd (Registered number: 04856918) |

Notes to the Financial Statements - continued

for the year ended 28 February 2025

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

| 28.2.25 |  | 29.2.24

£ | £ |

| Mrs J P Carenza (Deceased)

| Balance outstanding at start of year | 28,703 |  | 28,703 |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 28,703 |  | 28,703 |  |

| The outstanding balance balance attracts no interest and has no fixed repayment terms