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Registration number: 15820197

Tally Ho Equine Limited
Unaudited Filleted Financial Statements
for the Period from 4 July 2024 to 31 July 2025

Tally Ho Equine Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Tally Ho Equine Limited

Company Information

Director | L Bull

Registered office | Park Farm Aspley Heath Lane Tanworth In Arden Solihull West Midlands B94 5HU

Accountants | Ballards LLP Chartered AccountantsOakmoore Court 11c Kingswood Road Droitwich Spa Worcestershire WR9 0QH

Tally Ho Equine Limited

(Registration number: 15820197)
Balance Sheet as at 31 July 2025

| Note | 2025 £
Fixed assets |  |
Tangible assets | 4 | 8,436
Current assets |  |
Debtors | 5 | 18
Creditors: Amounts falling due within one year | 6 | (14,278)
Net current liabilities |  | (14,260)
Net liabilities |  | (5,824)
Capital and reserves |  |
Called up share capital |  | 1
Retained earnings |  | (5,825)
Shareholders' deficit |  | (5,824)

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

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 March 2026

......................................... L Bull Director |  |

Tally Ho Equine Limited

Notes to the Unaudited Financial Statements for the Period from 4 July 2024 to 31 July 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Park Farm
Aspley Heath Lane
Tanworth In Arden
Solihull
West Midlands
B94 5HU

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.
The Balance Sheet shows a net liability however as the company has the full support of the director and shareholders and forecasts positive future revenue the accounts have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tally Ho Equine Limited

Notes to the Unaudited Financial Statements for the Period from 4 July 2024 to 31 July 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Freehold property | Straight line over 33 years

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If
payment is deferred and the time value of money is material, the initial measurement is on a present
value basis.

Tally Ho Equine Limited

Notes to the Unaudited Financial Statements for the Period from 4 July 2024 to 31 July 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4 | Tangible assets

| Land and buildings £ | Total £
Cost or valuation
Additions | 8,700 | 8,700
At 31 July 2025 | 8,700 | 8,700
Depreciation
Charge for the period | 264 | 264
At 31 July 2025 | 264 | 264
Carrying amount
At 31 July 2025 | 8,436 | 8,436

Included within the net book value of land and buildings above is £8,436 in respect of freehold land and buildings.

5 | Debtors

Current | 2025 £
Other debtors | 18
| 18

Tally Ho Equine Limited

Notes to the Unaudited Financial Statements for the Period from 4 July 2024 to 31 July 2025

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £
Due within one year |  |
Loans and borrowings | 7 | 223
Accruals and deferred income |  | 2,000
Other creditors |  | 12,055
|  | 14,278

7 | Loans and borrowings

Current loans and borrowings

| 2025 £
Bank overdrafts | 223