Gasston Stables Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 6124282

Gasston Stables Limited

Filleted Unaudited Financial Statements

28 February 2026

Gasston Stables Limited

Statement of Financial Position

28 February 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	686,139	679,196

Current assets

Debtors	6	25,775	3,706
Cash at bank and in hand		–	8,422
		--------	--------
		25,775	12,128

Creditors: amounts falling due within one year	7	596,080	555,237
		---------	---------
Net current liabilities		570,305	543,109
		---------	---------
Total assets less current liabilities		115,834	136,087
		---------	---------
Net assets		115,834	136,087
		---------	---------

Capital and reserves

Called up share capital	300,000	300,000
Profit and loss account	( 184,166)	( 163,913)
	---------	---------
Shareholders funds	115,834	136,087
	---------	---------

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 income statement has not been delivered.

For the year ending 28 February 2026 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 .

Gasston Stables Limited

Statement of Financial Position (continued)

28 February 2026

These financial statements were approved by the board of directors and authorised for issue on 18 May 2026 , and are signed on behalf of the board by:

Paula Lucia Gasston

Director

Company registration number: 6124282

Gasston Stables Limited

Notes to the Financial Statements

Year ended 28 February 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is North Lodge, Hurst Lane, Headley, Surrey, KT18 6DL.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents the amount derived from Livery Services.

Tangible assets

Tangible assets are stated in the statement of financial position 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 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:

Freehold Land and Buildings	-	Buildings - 2%
Building Enhancements	-	10% reducing balance
Plant & Equipment	-	20% reducing balance

The Directors estimate the cost of Buildings within the purchase of the Wingfield Stud represents £200,000 of the Purchase Price. Freehold Land has not been depreciated. The directors estimate the Land and Buildings value to be in the region of £950,000 at the Balance Sheet date and feel the cost of valuation of this asset would be prohibitive.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 8 (2025: 8 ).

5. Tangible assets

	Freehold Land and Buildings	Building Enhancement	Plant & Equipment	Total
	£	£	£	£
Cost
At 1 March 2025	612,781	220,440	359,274	1,192,495
Additions	–	–	53,173	53,173
Deletions	–	–	( 28,347)	( 28,347)
	---------	---------	---------	------------
At 28 February 2026	612,781	220,440	384,100	1,217,321
	---------	---------	---------	------------
Depreciation
At 1 March 2025	72,000	161,668	279,631	513,299
Charge for the year	4,000	5,917	16,110	26,027
Deletions	–	–	( 8,144)	( 8,144)
	---------	---------	---------	------------
At 28 February 2026	76,000	167,585	287,597	531,182
	---------	---------	---------	------------
Carrying amount
At 28 February 2026	536,781	52,855	96,503	686,139
	---------	---------	---------	------------
At 28 February 2025	540,781	58,772	79,643	679,196
	---------	---------	---------	------------

6. Debtors

	2026	2025
	£	£
Other debtors	25,775	3,706
	--------	-------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	20,668	–
Trade creditors	46,963	27,967
Other creditors	528,449	527,270
	---------	---------
	596,080	555,237
	---------	---------

8. Directors' advances, credits and guarantees

The Directors Loan amounting to £522,349 (2025 - £522,349) is included in other creditors in note 8 and is repayable on demand without interest payment.