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Company Registration No. 13024065 (England and Wales)
London To Brighton Electric Vehicle Rally Ltd Unaudited accounts for the year ended 30 November 2022
London To Brighton Electric Vehicle Rally Ltd Unaudited accounts Contents
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London To Brighton Electric Vehicle Rally Ltd Company Information for the year ended 30 November 2022
Directors
Thomas Druitt William Murray
Company Number
13024065 (England and Wales)
Registered Office
Protran House Boundary Road BRIGHTON East Sussex BN2 5TJ England
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London To Brighton Electric Vehicle Rally Ltd Statement of financial position as at 30 November 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,026 
322 
Current assets
Debtors
1,102 
15,641 
Cash at bank and in hand
759 
3,862 
1,861 
19,503 
Creditors: amounts falling due within one year
(40,287)
(18,141)
Net current (liabilities)/assets
(38,426)
1,362 
Net (liabilities)/assets
(32,400)
1,684 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(32,500)
1,584 
Shareholders' funds
(32,400)
1,684 
For the year ending 30 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2023 and were signed on its behalf by
Thomas Druitt Director Company Registration No. 13024065
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London To Brighton Electric Vehicle Rally Ltd Notes to the Accounts for the year ended 30 November 2022
1
Statutory information
London To Brighton Electric Vehicle Rally Ltd is a private company, limited by shares, registered in England and Wales, registration number 13024065. The registered office is Protran House, Boundary Road, BRIGHTON, East Sussex, BN2 5TJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
4 Years Straight Line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2021
368 
- 
- 
368 
Additions
316 
6,000 
328 
6,644 
At 30 November 2022
684 
6,000 
328 
7,012 
Depreciation
At 1 December 2021
46 
- 
- 
46 
Charge for the year
182 
690 
68 
940 
At 30 November 2022
228 
690 
68 
986 
Net book value
At 30 November 2022
456 
5,310 
260 
6,026 
At 30 November 2021
322 
- 
- 
322 
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London To Brighton Electric Vehicle Rally Ltd Notes to the Accounts for the year ended 30 November 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
VAT
1,102 
- 
Trade debtors
- 
12,018 
Accrued income and prepayments
- 
3,623 
1,102 
15,641 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
- 
5,302 
Trade creditors
15,588 
1,579 
Amounts owed to group undertakings and other participating interests
23,550 
- 
Taxes and social security
- 
290 
Loans from directors
174 
5,616 
Accruals
975 
5,354 
40,287 
18,141 
7
Transactions with related parties
The company was in receipt of loans for the first time this year from related entities. These entities are related parties because they are controlled or jointly controlled by a person who has control over the company. £37,136 was advanced during the year, of which £18,496 remained outstanding at the year-end. No interest was charged and there are no specific repayment terms.
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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