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Company registration number: 11808346
British Speedway Promoters Limited
Company limited by guarantee
Unaudited filleted financial statements
31 January 2023
British Speedway Promoters Limited
Company limited by guarantee
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
British Speedway Promoters Limited
Company limited by guarantee
Directors and other information
Directors Robert Godfrey
Damien Bates
Christopher Louis
Daniel Ford
Company number 11808346
Registered office ACU House
Wood Street
Rugby
Warwickshire
CV21 2YX
Business address ACU House
Wood Street
Rugby
Warwickshire
CV21 2YX
Accountants Ian J Brown and Company
4 Lothian Street
Dalkeith
EH22 1DS
British Speedway Promoters Limited
Company limited by guarantee
Report to the board of directors on the preparation of the
unaudited statutory financial statements of British Speedway Promoters Limited
Year ended 31 January 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of British Speedway Promoters Limited for the year ended 31 January 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.
This report is made solely to the board of directors of British Speedway Promoters Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of British Speedway Promoters Limited and state those matters that we have agreed to state to the board of directors of British Speedway Promoters Limited as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than British Speedway Promoters Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that British Speedway Promoters Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of British Speedway Promoters Limited. You consider that British Speedway Promoters Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of British Speedway Promoters Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Ian J Brown and Company
Chartered Accountants
4 Lothian Street
Dalkeith
EH22 1DS
17 October 2023
British Speedway Promoters Limited
Company limited by guarantee
Statement of financial position
31 January 2023
2023 2022
£ £
Fixed assets 14,194 40,842
_______ _______
Current assets 718,516 967,352
Creditors: amounts falling due within one year ( 741,310) ( 741,986)
_______ _______
Net current (liabilities)/assets ( 22,794) 225,366
_______ _______
Total assets less current liabilities ( 8,600) 266,208
Creditors: amounts falling due after more than one year ( 249,000) ( 253,000)
Accruals and deferred income ( 3,700) ( 295,725)
_______ _______
Net liabilities ( 261,300) ( 282,517)
_______ _______
Capital and reserves ( 261,300) ( 282,517)
_______ _______
Notes to the financial statements
British Speedway Promoters Limited
Company limited by guarantee
Year ended 31 January 2023
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).
For the year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts 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 accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 17 October 2023 , and are signed on behalf of the board by:
Robert Godfrey
Director
Company registration number: 11808346
The company is a private company limited by guarantee, registered in England.