REGISTERED NUMBER: 09537406 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

SF Equine Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S A Franks

REGISTERED OFFICE:

Wicklands Stud

Ockley Road

Forest Green

Surrey

RH5 5SQ

REGISTERED NUMBER:

09537406 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishops Sutton

Alresford

Hampshire

SO24 0AA

FIXED ASSETS

Tangible assets

4

52,938

68,125

CURRENT ASSETS

Stocks

5

4,000

4,000

Debtors

6

5,967

6,374

Cash at bank

11,386

19,134

21,353

29,508

CREDITORS

Amounts falling due within one year

7

6,489

10,802

NET CURRENT ASSETS

14,864

18,706

TOTAL ASSETS LESS CURRENT LIABILITIES

67,802

86,831

CREDITORS

Amounts falling due after more than one year

8

(11,839

)

(14,565

)

PROVISIONS FOR LIABILITIES

9

(6,493

)

(8,740

)

NET ASSETS

49,470

63,526

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

49,370

63,426

SHAREHOLDERS' FUNDS

49,470

63,526

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 July 2026 and were signed by:

Mr S Franks - Director

1.	STATUTORY INFORMATION

SF Equine Limited 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 represent invoiced sales of goods and services.

Tangible fixed assets

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

Plant and machinery

-

20% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value.

Taxation

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Leasehold

Plant and

Computer

improvements

machinery

equipment

Totals

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

36,875

90,480

1,548

128,903

DEPRECIATION

At 1 April 2025

14,750

44,480

1,548

60,778

Charge for year

3,687

11,500

-

15,187

At 31 March 2026

18,437

55,980

1,548

75,965

NET BOOK VALUE

At 31 March 2026

18,438

34,500

-

52,938

At 31 March 2025

22,125

46,000

-

68,125

5.

STOCKS

2026

2025

£

£

Stocks

4,000

4,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

3,735

4,845

Other debtors

750

750

Prepayments

1,482

779

5,967

6,374

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other loans

3,600

3,600

Tax

-

(3,828

)

Directors' current accounts

1,748

9,920

Accrued expenses

1,141

1,110

6,489

10,802

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other loans - 1-2 years

3,600

3,600

Other loans - 2-5 years

8,239

10,965

11,839

14,565

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

6,493

8,740

Deferred

tax

£

Balance at 1 April 2025

8,740

Accelerated capital allowances

(2,185

)

Losses

(62

)

Balance at 31 March 2026

6,493

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £500 (2025 - £500) were paid to the director .

Mr S Franks

A director

At the balance sheet date the company owed its director £1,748 (2025: £9,920).

Steven Franks & Karen Guest Partnership

A partnership in which Mr Franks is a partner

During the period under review the partnership charged the limited company £7,200 (2025: £7,200) for the use of the facilities. The limited company charged the partnership £19,000 (2025: £3,000) for costs incurred on its behalf.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S Franks, the director of the company, by virtue of his 100% shareholding.