REGISTERED NUMBER: 12097104 (England and Wales)

SHARP EQUINE LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E E E Antippas

C A Antippas

A C A Antippas

REGISTERED OFFICE:

Ashley House Sutton Road

Llandow

Cowbridge

CF71 7PA

REGISTERED NUMBER:

12097104 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

40,679

39,831

CURRENT ASSETS

Debtors

5

9,400

11,074

Cash at bank

3,236

406

12,636

11,480

CREDITORS

Amounts falling due within one year

6

47,528

25,938

NET CURRENT LIABILITIES

(34,892

)

(14,458

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,787

25,373

PROVISIONS FOR LIABILITIES

2,810

2,649

NET ASSETS

2,977

22,724

CAPITAL AND RESERVES

Called up share capital

7

3

3

Retained earnings

2,974

22,721

SHAREHOLDERS' FUNDS

2,977

22,724

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

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

The directors acknowledge their 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th July 2026 and were signed on its behalf by:

C A Antippas - Director

1.	STATUTORY INFORMATION

Sharp Equine Ltd 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.

Short leasehold

-

Not provided

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

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

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Short

Plant and

Motor

leasehold

machinery

vehicles

Totals

£

£

£

£

COST

At 1st August 2024

25,886

33,960

-

59,846

Additions

-

3,479

2,300

5,779

At 31st July 2025

25,886

37,439

2,300

65,625

DEPRECIATION

At 1st August 2024

-

20,015

-

20,015

Charge for year

-

4,356

575

4,931

At 31st July 2025

-

24,371

575

24,946

NET BOOK VALUE

At 31st July 2025

25,886

13,068

1,725

40,679

At 31st July 2024

25,886

13,945

-

39,831

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

8,769

10,261

Other debtors

631

813

9,400

11,074

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

3,337

Hire purchase contracts

902

-

Trade creditors

4,173

4,903

Corporation Tax

10,915

9,037

Directors' loan accounts

28,134

5,051

Accruals and deferred income

3,404

3,610

47,528

25,938

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

1

Ordinary B

£1

1

1

1

Ordinary C

£1

1

1

3

3