Dark Horse Agency Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 02590676

Dark Horse Agency Limited

Filleted Unaudited Financial Statements

30 April 2025

Dark Horse Agency Limited

Financial Statements

Year ended 30 April 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Dark Horse Agency Limited

Statement of Financial Position

30 April 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	46,101	45,647

Current assets

Stocks		168,604	177,275
Debtors	6	472,180	489,999
Investments	7	–	236,250
Cash at bank and in hand		239,328	710,495
		---------	------------
		880,112	1,614,019

Creditors: amounts falling due within one year	8	344,431	333,765
		---------	------------
Net current assets		535,681	1,280,254
		---------	------------
Total assets less current liabilities		581,782	1,325,901
		---------	------------
Net assets		581,782	1,325,901
		---------	------------

Dark Horse Agency Limited

Statement of Financial Position (continued)

30 April 2025

	2025	2024
Note	£	£

Capital and reserves

Called up share capital	24,000	24,000
Share premium account	41,700	41,700
Profit and loss account	516,082	1,260,201
	---------	------------
Shareholders funds	581,782	1,325,901
	---------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 22 April 2026 , and are signed on behalf of the board by:

Mr T D Mardling

Director

Company registration number: 02590676

Dark Horse Agency Limited

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is 11-13 The Steadings, Maisemore, Gloucester, GL2 8EY.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	25% reducing balance
Equipment	-	25% straight line and reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 20 (2024: 15 ).

5. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 May 2024	40,528	78,236	118,764
Additions	–	22,750	22,750
Disposals	–	( 8,267)	( 8,267)
	--------	--------	---------
At 30 April 2025	40,528	92,719	133,247
	--------	--------	---------
Depreciation
At 1 May 2024	33,497	39,620	73,117
Charge for the year	1,758	20,538	22,296
Disposals	–	( 8,267)	( 8,267)
	--------	--------	---------
At 30 April 2025	35,255	51,891	87,146
	--------	--------	---------
Carrying amount
At 30 April 2025	5,273	40,828	46,101
	--------	--------	---------
At 30 April 2024	7,031	38,616	45,647
	--------	--------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	405,498	429,435
Other debtors	66,682	60,564
	---------	---------
	472,180	489,999
	---------	---------

7. Investments

	2025	2024
	£	£
Armstrong	–	236,250
	----	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	44,586	94,699
Corporation tax	138,990	96,239
Social security and other taxes	61,455	34,140
Other creditors	99,400	108,687
	---------	---------
	344,431	333,765
	---------	---------

9. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr D N Corran	4,404	299	4,703
Mr T D Mardling	10,000	–	10,000
Mrs S Ryan	10,000	–	10,000
	--------	----	--------
	24,404	299	24,703
	--------	----	--------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr D N Corran	5,209	( 805)	4,404
Mr T D Mardling	10,000	–	10,000
Mrs S Ryan	10,000	–	10,000
	--------	----	--------
	25,209	( 805)	24,404
	--------	----	--------

No interest has been charged on the advances to the directors.

10. Controlling party

The ultimate parent company is Dark Horse Agency Holdings Limited, a company registered in England and Wales and whose registered office address is Unit 11-13, The Steadings Business Centre, Maisemore, Gloucester, GL2 8EY.