REGISTERED NUMBER: 06510595 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

JS Equine Management Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

2,004,320

2,002,633

CURRENT ASSETS

Stocks

13,620

5,000

Debtors

5

11,673

14,182

Cash at bank

14,488

27,485

39,781

46,667

CREDITORS

Amounts falling due within one year

6

38,424

149,970

NET CURRENT ASSETS/(LIABILITIES)

1,357

(103,303

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,005,677

1,899,330

CREDITORS

Amounts falling due after more than one year

7

(800,620

)

(814,165

)

PROVISIONS FOR LIABILITIES

(104,756

)

(136,918

)

NET ASSETS

1,100,301

948,247

CAPITAL AND RESERVES

Called up share capital

100

100

Non-distributable retained earnings

9

503,777

503,777

Retained earnings

596,424

444,370

SHAREHOLDERS' FUNDS

1,100,301

948,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 August 2026 and were signed by:

Mr J A Shaw - Director

1.	STATUTORY INFORMATION

JS Equine Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06510595

Registered office:

Mill Farm Moss Lane

High Legh

Knutsford

Cheshire

WA16 0RF

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

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

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

NIL % per annum

Improvements to property

-

NIL % per annum

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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 8 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST OR VALUATION

At 1 April 2025

1,800,000

89,004

248,785

Additions

-

17,923

3,746

At 31 March 2026

1,800,000

106,927

252,531

DEPRECIATION

At 1 April 2025

-

-

165,361

Charge for year

-

-

13,076

At 31 March 2026

-

-

178,437

NET BOOK VALUE

At 31 March 2026

1,800,000

106,927

74,094

At 31 March 2025

1,800,000

89,004

83,424

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST OR VALUATION

At 1 April 2025

81,227

600

2,219,616

Additions

-

1,011

22,680

At 31 March 2026

81,227

1,611

2,242,296

DEPRECIATION

At 1 April 2025

51,424

198

216,983

Charge for year

7,451

466

20,993

At 31 March 2026

58,875

664

237,976

NET BOOK VALUE

At 31 March 2026

22,352

947

2,004,320

At 31 March 2025

29,803

402

2,002,633

Cost or valuation at 31 March 2026 is represented by:

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

Valuation in 2023

503,777

-

-

Valuation in 2025

165,000

-

-

Cost

1,131,223

106,927

252,531

1,800,000

106,927

252,531

Motor

Computer

vehicles

equipment

Totals

£

£

£

Valuation in 2023

-

-

503,777

Valuation in 2025

-

-

165,000

Cost

81,227

1,611

1,573,519

81,227

1,611

2,242,296

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST OR VALUATION

At 1 April 2025

and 31 March 2026

21,000

DEPRECIATION

At 1 April 2025

14,355

Charge for year

1,662

At 31 March 2026

16,017

NET BOOK VALUE

At 31 March 2026

4,983

At 31 March 2025

6,645

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

11,673

14,182

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

21,608

19,970

Hire purchase contracts

3,083

4,331

Amounts owed to group undertakings

-

118,888

Taxation and social security

9,274

3,643

Other creditors

4,459

3,138

38,424

149,970

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

645,539

668,785

Hire purchase contracts

-

3,083

Other creditors

155,081

142,297

800,620

814,165

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

559,106

588,905

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

667,147

688,755

Hire purchase contracts

3,083

7,414

670,230

696,169

There is also a charge on the freehold of the properties at Mill Farm, Knutsford and Shay Gate Riding School, Bradford in relation to the mortgage to HSBC UK Bank PLc.

Also, there is a fixed and floating charge on all assets including registered property at Shaygaye Wilsden.in relation to the mortgage to HSBC UK Bank Plc

Hire purchase contracts are secured on the assets to which they relate.

9.

RESERVES

Non-distributab

retained

earnings

£

At 1 April 2025

and 31 March 2026

503,777