Carrington Riding Centre Ltd 31/03/2026 iXBRL

Company registration number: 3753552

Carrington Riding Centre Ltd

Unaudited filleted financial statements

31 March 2026

Carrington Riding Centre Ltd

Contents

Directors and other information

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Carrington Riding Centre Ltd

Directors and other information


Directors	Mr K Groos
	Mrs Sharon Groos
	Mr Scott Bradley	(Appointed 21 April 2026)


Secretary	K Groos


Company number	3753552


Registered office	Isherwood Road
	Carrington
	Manchester
	M31 4BH


Business address	Isherwood Road
	Carrington
	Manchester
	M31 4BH


Accountant	Bedi & Co
	Chartered Accountants
	Apartment 5
	No 42 Headmasterway
	Macclesfield
	SK10 1JF

Carrington Riding Centre Ltd

Statement of financial position

31 March 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Tangible assets	6	499,107		1,194,020
Investments	7	2,285,661		-
		_______		_______
			2,784,768		1,194,020

Current assets
Stocks		2,563		2,160
Debtors	8	565,456		362,066
Cash at bank and in hand		1,307,731		1,067,210
		_______		_______
		1,875,750		1,431,436
Creditors: amounts falling due
within one year	9	( 819,546)		( 573,044)
		_______		_______
Net current assets			1,056,204		858,392
			_______		_______
Total assets less current liabilities			3,840,972		2,052,412

Creditors: amounts falling due
after more than one year	10		( 846,640)		( 35,853)

Provisions for liabilities			( 133,012)		( 95,991)

			_______		_______
Net assets			2,861,320		1,920,568
			_______		_______

Capital and reserves
Called up share capital			2		2
Fair value reserve			75,392		-
Profit and loss account			2,785,926		1,920,566
			_______		_______
Shareholder funds			2,861,320		1,920,568
			_______		_______

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 19 October 2026 , and are signed on behalf of the board by:

Mr K Groos

Director

Company registration number: 3753552

Carrington Riding Centre Ltd

Statement of changes in equity

Year ended 31 March 2026

	Called up share capital	Fair value reserve	Profit and loss account	Total
	£	£	£	£


At 1 April 2024	2	-	1,273,021	1,273,023

Profit for the year			647,545	647,545
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	647,545	647,545

	_______	_______	_______	_______
At 31 March 2025 and 1 April 2025	2	-	1,920,566	1,920,568

Profit for the year			865,360	865,360
Other comprehensive income for the year:
Fair value movements on investment property		75,392		75,392
	_______	_______	_______	_______
Total comprehensive income for the year	-	75,392	865,360	940,752

	_______	_______	_______	_______
At 31 March 2026	2	75,392	2,785,926	2,861,320
	_______	_______	_______	_______

Carrington Riding Centre Ltd

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Nursery Farm, Isherwood Road, Carrington, Manchester, M31 4BH.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Freehold property	-	0 %	straight line
Plant and machinery	-	25 %	reducing balance
Motor vehicles	-	20 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Investment property

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Defined contribution plans

The company operates a pension scheme with The National Savings Trust (NEST) which is a defined contribution workplace pension scheme and the pension charge represents the amount payable by the company in respect of the year.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 54 (2025: 49 ).

5. Directors remuneration

The directors aggregate remuneration in respect of qualifying services was:

	2026	2025
	£	£
Remuneration	155,152	105,411
	_______	_______

6. Tangible assets

	Freehold property	Plant and machinery	Motor vehicles	Total
	£	£	£	£
Cost
At 1 April 2025	767,608	671,638	251,753	1,690,999
Additions	-	149,927	90,734	240,661
Disposals	-	( 112,150)	-	( 112,150)
Transfers to Investment property	( 767,608)	-	-	( 767,608)
	_______	_______	_______	_______
At 31 March 2026	-	709,415	342,487	1,051,902
	_______	_______	_______	_______
Depreciation
At 1 April 2025	-	426,089	70,890	496,979
Charge for the year	-	112,188	44,619	156,807
Disposals	-	( 100,991)	-	( 100,991)
	_______	_______	_______	_______
At 31 March 2026	-	437,286	115,509	552,795
	_______	_______	_______	_______
Carrying amount
At 31 March 2026	-	272,129	226,978	499,107
	_______	_______	_______	_______
At 31 March 2025	767,608	245,549	180,863	1,194,020
	_______	_______	_______	_______

7. Investments

	Property Investments	Total
	£	£
Cost or valuation
At 1 April 2025	-	-
Additions	1,442,661	1,442,661
Revaluations	75,392	75,392
Transfer from fixed assets	767,608	767,608
	_______	_______
At 31 March 2026	2,285,661	2,285,661
	_______	_______
Impairment
At 1 April 2025 and 31 March 2026	-	-
	_______	_______
Carrying amount
At 31 March 2026	2,285,661	2,285,661
	_______	_______
At 31 March 2025	-	-
	_______	_______

In the opinion of the Directors the value of the investment properties that existed at the beginning of the year amounts to £843,000.

8. Debtors

	2026	2025
	£	£
Trade debtors	282,571	24,161
Amounts owed by company under common control	267,546	293,641
Other debtors	15,339	44,264
	_______	_______
	565,456	362,066
	_______	_______

9. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	91,656	22,727
Trade creditors	26,997	46,332
Corporation tax	273,638	199,262
Social security and other taxes	275,444	143,150
Other creditors	151,811	161,573
	_______	_______
	819,546	573,044
	_______	_______

10. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	808,344	-
Other creditors	38,296	35,853
	_______	_______
	846,640	35,853
	_______	_______

On the 16 April 2020 the company obtained The Coronavirus Business Interuption Loan Scheme(CBILS) loan of £125,000.The loan was guaranteed by the government up to 80%,was interest free for 12 months after which the loan was repaid by capital instalments of £1,893.94 per month.Interest was 1.54% above base rate per annum.The loan was repaid in the year in the year to 31 March 2025.The bank loan outstanding at the year end include instaments due more than one year and less than 5 of £366,624. Amounts due more than 5 years amounts to £441,720. The bank loan is secured by assets of the company and on the assets of Just Horse Riders Limited. The bank loan is at an interest rate of 2.34% over the base rate.

11. Operating leases

The company as lessee

The total future minimum lease payments under non-cancellable operating leases are as follows:


	£	£

Not later than 1 year	490	653
Later than 1 year and not later than 5 years	-	490
	_______	_______
	490	1,143
	_______	_______

12. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2026
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr K Groos	( 641)	( 222)	( 863)
		_______	_______	_______

2025
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr K Groos	( 2,909)	2,268	( 641)
		_______	_______	_______

13. Related party transactions

At the 31 March 2026,Just Horse Riders Limited,a company 100% owned by the directors Kevin and Sharon Groos ,owed the Company £267,546 (2025 £293,641 ).