REGISTERED NUMBER: 03776168 (England and Wales)

DOWNS EQUESTRIAN SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTOR:

Mr A Giugni

REGISTERED OFFICE:

Ross House

The Square

Stow On The Wold

Gloucestershire

GL54 1AF

REGISTERED NUMBER:

03776168 (England and Wales)

ACCOUNTANTS:

William Hinton Limited

Chartered Accountants

Ross House

The Square

Stow On The Wold

Gloucestershire

GL54 1AF

FIXED ASSETS

Tangible assets

4

-

2,184

CURRENT ASSETS

Debtors

5

64,000

202,950

Cash at bank

479

19,462

64,479

222,412

CREDITORS

Amounts falling due within one year

6

5,962

164,833

NET CURRENT ASSETS

58,517

57,579

TOTAL ASSETS LESS CURRENT LIABILITIES

58,517

59,763

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

58,515

59,761

SHAREHOLDERS' FUNDS

58,517

59,763

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 July 2026 and were signed by:

Mr A Giugni - Director

1.	STATUTORY INFORMATION

Downs Equestrian Services Limited 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.

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.

Turnover

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

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 November 2024

7,952

130,000

137,952

Disposals

(7,952

)

(130,000

)

(137,952

)

At 31 October 2025

-

-

-

DEPRECIATION

At 1 November 2024

6,078

129,690

135,768

Eliminated on disposal

(6,078

)

(129,690

)

(135,768

)

At 31 October 2025

-

-

-

NET BOOK VALUE

At 31 October 2025

-

-

-

At 31 October 2024

1,874

310

2,184

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

565

Amounts owed by participating interests

64,000

201,520

Other debtors

-

865

64,000

202,950

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,780

7,408

Trade creditors

(1

)

(1

)

Other creditors

3,183

157,426

5,962

164,833

7.	RELATED PARTY DISCLOSURES

Mr A Giugni controls Downs Equestrian Services Limited and Downs Equestrian Centre Limited.

At the balance sheet date the following was owed by related parties:

2025

2024

Downs Equestrian Centre Limited

£64,000

£201,520