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REGISTERED NUMBER: 10455356 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2021

for

The Racing Manager Ltd

The Racing Manager Ltd (Registered number: 10455356)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Racing Manager Ltd

Company Information
for the Year Ended 31 December 2021







DIRECTOR: A R E Ash





REGISTERED OFFICE: 39 Long Acre
Covent Garden
London
WC2E 9LG





REGISTERED NUMBER: 10455356 (England and Wales)





ACCOUNTANTS: We`ll Mind Your Own Business LTD
39 Long Acre
London
WC2E 9LG

The Racing Manager Ltd (Registered number: 10455356)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 100 1,029

CURRENT ASSETS
Debtors 5 127,583 67,977
Cash at bank 345,725 100,391
473,308 168,368
CREDITORS
Amounts falling due within one year 6 220,104 144,970
NET CURRENT ASSETS 253,204 23,398
TOTAL ASSETS LESS CURRENT
LIABILITIES

253,304

24,427

CREDITORS
Amounts falling due after more than
one year

7

35,109

48,250
NET ASSETS/(LIABILITIES) 218,195 (23,823 )

CAPITAL AND RESERVES
Called up share capital 283,678 265,114
Share premium 1,606,014 1,110,591
Retained earnings (1,671,497 ) (1,399,528 )
218,195 (23,823 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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 Racing Manager Ltd (Registered number: 10455356)

Balance Sheet - continued
31 December 2021


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 30 August 2022 and were signed by:





A R E Ash - Director


The Racing Manager Ltd (Registered number: 10455356)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

The Racing Manager Ltd 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.

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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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 4 (2020 - 3 ) .

The Racing Manager Ltd (Registered number: 10455356)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2021
and 31 December 2021 3,849
DEPRECIATION
At 1 January 2021 2,820
Charge for year 929
At 31 December 2021 3,749
NET BOOK VALUE
At 31 December 2021 100
At 31 December 2020 1,029

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade debtors 118,442 61,481
Other debtors 284 160
Prepayments 8,857 6,336
127,583 67,977

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans and overdrafts 10,276 -
Trade creditors 89,080 31,336
Social security and other taxes 7,838 2,711
VAT 3,698 8,986
Other creditors 14,070 40,226
Accruals and deferred income 79,642 61,711
Accrued expenses 15,500 -
220,104 144,970

The Racing Manager Ltd (Registered number: 10455356)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans - 2-5 years 35,109 48,250