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Registration number: 08376134

KC Eventing Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 July 2025

KC Eventing Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 10

KC Eventing Limited

Company Information

Director | K Coleman

Registered office | Innovations House 19 Staple Gardens Winchester Hampshire SO23 8SR

Accountants | Tax Innovations Limited Innovations House 19 Staple Gardens Winchester Hampshire SO23 8SR

KC Eventing Limited

(Registration number: 08376134)
Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 862,465 | 965,425
Current assets |  |  |
Stocks | 5 | 60,003 | 60,003
Debtors | 6 | 108,908 | 64,738
Cash at bank and in hand |  | 119,259 | 98,131
|  | 288,170 | 222,872
Creditors: Amounts falling due within one year | 7 | (1,557,784) | (1,477,289)
Net current liabilities |  | (1,269,614) | (1,254,417)
Total assets less current liabilities |  | (407,149) | (288,992)
Creditors: Amounts falling due after more than one year | 7 | (2,279,426) | (2,175,268)
Net liabilities |  | (2,686,575) | (2,464,260)
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | (2,686,675) | (2,464,360)
Shareholders' deficit |  | (2,686,575) | (2,464,260)

KC Eventing Limited

(Registration number: 08376134)
Balance Sheet as at 31 July 2025

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.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year 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 8 July 2026

......................................... K Coleman Director

KC Eventing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1 | General information

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

The address of its registered office is:
Innovations House
19 Staple Gardens
Winchester
Hampshire
SO23 8SR
England

The principal place of business is:
Stable Cottage
Rockley
Marlborough
Wiltshire
SN8 1RT
United Kingdom

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

At 31 July 2025 the company's balance sheet showed a deficit on shareholders' funds of £2,686,575. The company relies on the support of a long term creditor connected to the company directors. The directors consider that this support will continue for a period of twelve months from the date of approval of these accounts. The directors therefore believe that it is appropriate to prepare these accounts on a going concern basis and no adjustments have been made which would be required if that basis were to be inappropriate.

KC Eventing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

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.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

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
Motor vehicles | 20% on a reducing balance basis
Stable & Arena | Straight line over 10 years
Office equipment | Straight line at 25%

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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.

KC Eventing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 3).

KC Eventing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 August 2024 | 1,212,596 | 1,058 | 254,680 | 1,468,334
Additions | 41,926 | - | - | 41,926
At 31 July 2025 | 1,254,522 | 1,058 | 254,680 | 1,510,260
Depreciation
At 1 August 2024 | 316,086 | 1,058 | 185,765 | 502,909
Charge for the year | 131,103 | - | 13,783 | 144,886
At 31 July 2025 | 447,189 | 1,058 | 199,548 | 647,795
Carrying amount
At 31 July 2025 | 807,333 | - | 55,132 | 862,465
At 31 July 2024 | 896,510 | - | 68,915 | 965,425

Included within the net book value of land and buildings above is £807,333 (2024 - £896,510) in respect of freehold land and buildings.

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 60,003 | 60,003

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 89,759 | 55,115
Other debtors | 19,149 | 9,623
| 108,908 | 64,738

KC Eventing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 175,072 | 112,397
Taxation and social security | 6,976 | 8,008
Accruals and deferred income | 1,750 | 1,750
Other creditors | 1,373,986 | 1,355,134
| 1,557,784 | 1,477,289

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £
Due after one year |  |
Other financial liabilities | 2,279,426 | 2,175,268

KC Eventing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

9 | Related party transactions

Transactions with the director

2025 | At 1 August 2024 £ | Advances to director £ | Repayments by director £ | Other payments made to company by director £ | At 31 July 2025 £
K Coleman
Provision of a working capital loan with no interest or fixed date of repayment | 1,376,909 | (81,423) | 159,992 | (74,611) | 1,380,867

2024 | At 1 August 2023 £ | Advances to director £ | Repayments by director £ | Other payments made to company by director £ | At 31 July 2024 £
K Coleman
Provision of a working capital loan with no interest or fixed date of repayment | 1,358,468 | (36,293) | 146,080 | (91,346) | 1,376,909

Summary of transactions with other related parties

Kalai LLC
(A US entity in which K Coleman is a shareholder)
Provision of a long term working capital loan with no interest

KC Eventing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Income and receivables from related parties

2025 | Other related parties £
Receipt of services | 257,914

2024 | Other related parties £
Receipt of services | 419,024

Expenditure with and payables to related parties

2025 | Other related parties £
Amounts payable to related party | 2,153,331

2024 | Other related parties £
Amounts payable to related party | 2,047,780