PAUL CRAGO SHOWJUMPING LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07902843

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		9,080		1,830

			9,080		1,830
CURRENT ASSETS
Debtors	5	14,140		3,150
Cash at bank and in hand		13		1,090

		14,153		4,240
Creditors: Amounts Falling Due Within One Year	6	(47,553 )		(27,272 )

NET CURRENT ASSETS (LIABILITIES)			(33,400 )		(23,032 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(24,320 )		(21,202 )

Creditors: Amounts Falling Due After More Than One Year	7		-		(6,823 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	8		(106 )		(348 )

NET LIABILITIES			(24,426 )		(28,373 )

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			(24,428 )		(28,375 )

SHAREHOLDERS' FUNDS			(24,426)		(28,373)

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PAUL CRAGO SHOWJUMPING LTD

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Paul Crago

Director

10/06/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

PAUL CRAGO SHOWJUMPING LTD is a private company, limited by shares, incorporated in England & Wales, registered number 07902843 . The registered office is Unit 11 Diddenham Business Park, Diddenham Court, Grazeley, Reading, Berkshire, RG7 1JQ.

2. Accounting Policies

2.1. Basis of Preparation of 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.

2.2. Going Concern Disclosure

The director has confirmed that he will continue to give financial support to the company until such time as the

company's position improves. In addition the director has confirmed that he will not recall any loans within 12

months. The director considers that it is appropriate to prepare the financial statements on a going concern basis.

2.3. 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 on the provision of services as the contractual activity progress.

2.4. Tangible Fixed Assets and Depreciation

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

Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	33% on reducing balance

2.5. Leasing and Hire Purchase Contracts

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

2.6. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained

Earnings, 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 statement of financial position date.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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PAUL CRAGO SHOWJUMPING LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2025	4,308	21,732	2,612	222	28,874
Additions	10,000	-	-	-	10,000

As at 31 December 2025	14,308	21,732	2,612	222	38,874

Depreciation
As at 1 January 2025	4,224	20,131	2,467	222	27,044
Provided during the period	2,313	400	37	-	2,750

As at 31 December 2025	6,537	20,531	2,504	222	29,794

Net Book Value
As at 31 December 2025	7,771	1,201	108	-	9,080

As at 1 January 2025	84	1,601	145	-	1,830

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	14,140	3,150

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	-	2,677
Other creditors	47,553	24,595

	47,553	27,272

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans - 1-2 years	-	6,823

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PAUL CRAGO SHOWJUMPING LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Deferred Taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement

of financial position 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.

	2025	2024
	£	£
Other timing differences	106	348

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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