Registration number: 15501160

Focused Equine Ltd

Contents

Abridged Balance Sheet	1 to 2
Notes to the Unaudited Abridged Financial Statements	3 to 5

Focused Equine Ltd

(Registration number: 15501160)
Abridged Balance Sheet as at 28 February 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	196,750	245,182
Current assets
Stocks		73,703	29,070
Debtors		245,528	206,703
Cash at bank and in hand		292,876	200,256
		612,107	436,029
Creditors: Amounts falling due within one year	5	(407,166)	(239,037)
Net current assets		204,941	196,992
Total assets less current liabilities		401,691	442,174
Creditors: Amounts falling due after more than one year	6	(77,846)	(117,023)
Provisions for liabilities		(49,118)	(61,119)
Net assets		274,727	264,032
Capital and reserves
Called up share capital		450	450
Profit and loss account		274,277	263,582
Total equity		274,727	264,032

Focused Equine Ltd

(Registration number: 15501160)
Abridged Balance Sheet as at 28 February 2026

For the financial 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.

	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 directors acknowledge their 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 30 July 2026 and signed on its behalf by:
 

Mr E Lyall

Director

Ms P A Broadhurst

Director

Mr M Waterhouse

Director

Focused Equine Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2026

1	General information

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

The address of its registered office is:
Calyx House
South Road
Taunton
Somerset
TA1 3DU

These financial statements were authorised for issue by the Board on 30 July 2026.

2	Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged 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.

Revenue recognition

Turnover represents the amounts, exclusing value added tax, derived from the provision of goods and services to customers during the year.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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	25% reducing balance
Plant and Machinery	25% straight line
Fixtures and Fittings	25% straight line

Focused Equine Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2026

Office Equipment

25% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2025 - 5).

4	Tangible assets

	Total £
Cost or valuation
At 1 March 2025	326,910
Additions	36,698
At 28 February 2026	363,608
Depreciation
At 1 March 2025	81,728
Charge for the year	85,130
At 28 February 2026	166,858
Carrying amount
At 28 February 2026	196,750
At 28 February 2025	245,182

5	Creditors: amounts falling due within one year

	2026 £	2025 £
Current loans and borrowings
Hire purchase contracts	39,200	39,199

6	Creditors: amounts falling due after more than one year

	2026 £	2025 £
Non-current loans and borrowings
Hire purchase contracts	77,846	117,023

Focused Equine Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2026

7	Related party transactions

Advances to directors

Mr M Waterhouse During the period Mr M Waterhouse went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £31,534 (2025 - £27,629). At the year end the amount outstanding from Mr M Waterhouse was £Nil (2025 - £Nil). Interest has been charged at the commercial rate.