Registration number: 09968644

Polegate Equestrian Centre Ltd

trading as Polegate Equestrian Centre Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Polegate Equestrian Centre Ltd

trading as Polegate Equestrian Centre Limited

Company Information

Directors

Mr Thomas Roger Clarke Mrs Anna Marie McAdam-Clarke

Registered office

Polegate Equestrian Centre Hailsham Road Polegate East Sussex United Kingdom BN26 6RF

Accountants

GC Professional Services Limited 24 Southfield Polegate East Sussex BN26 5LX

Polegate Equestrian Centre Ltd

trading as Polegate Equestrian Centre Limited

(Registration number: 09968644)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	93,683	85,237
Current assets
Debtors	5	23,382	29,513
Cash at bank and in hand		37,559	32,739
		60,941	62,252
Creditors: Amounts falling due within one year	6	(47,227)	(58,745)
Net current assets		13,714	3,507
Net assets		107,397	88,744
Capital and reserves
Called up share capital	7	1	1
Retained earnings		107,396	88,743
Shareholders' funds		107,397	88,744

For the financial year ending 31 January 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 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 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 Board on 10 July 2026 and signed on its behalf by:
 

......................................... Mrs Anna Marie McAdam-Clarke Director

Polegate Equestrian Centre Ltd

trading as Polegate Equestrian Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

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

The address of its registered office is:
Polegate Equestrian Centre
Hailsham Road
Polegate
East Sussex
BN26 6RF
United Kingdom

These financial statements were authorised for issue by the Board on 10 July 2026.

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.

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.

Tax

The tax expense for the period comprises current 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 income 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.

Polegate Equestrian Centre Ltd

trading as Polegate Equestrian Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

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
Plant and machinery	20% reducing balance
Office equipment	25% straight line
Furniture and fixtures	25% reducing balance

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.

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.

Borrowings

Polegate Equestrian Centre Ltd

trading as Polegate Equestrian Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2025 - 6).

Polegate Equestrian Centre Ltd

trading as Polegate Equestrian Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

4	Tangible assets

	Fixtures and fittings £	Other tangible assets  £	Total £
Cost or valuation
At 1 February 2025	15,711	145,483	161,194
Additions	7,729	24,470	32,199
At 31 January 2026	23,440	169,953	193,393
Depreciation
At 1 February 2025	11,044	64,913	75,957
Charge for the year	1,937	19,760	21,697
Eliminated on disposal	2,056	-	2,056
At 31 January 2026	15,037	84,673	99,710
Carrying amount
At 31 January 2026	8,403	85,280	93,683
At 31 January 2025	4,667	80,570	85,237

5

Debtors

Current	2026 £	2025 £
Prepayments	4,214	3,667
Other debtors	19,168	25,846
	23,382	29,513

6

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	8	30,000	46,158
Trade creditors		990	1,731
Taxation and social security		12,066	6,368
Accruals and deferred income		3,833	3,833
Other creditors		338	655
		47,227	58,745

Polegate Equestrian Centre Ltd

trading as Polegate Equestrian Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

7	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1

8	Loans and borrowings

Current loans and borrowings

	2026 £	2025 £
Bank borrowings	-	12,000
Hire purchase contracts	30,000	34,158
	30,000	46,158

9

Dividends

Interim dividends paid

		2026 £		2025 £
Interim dividend of £26,000.00 (2025 - £20,000.00) per each Ordinary		26,000		20,000

10	Related party transactions

Polegate Equestrian Centre Ltd

trading as Polegate Equestrian Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Directors' remuneration

The directors' remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	14,411	12,570