5 false false false false false false false false false true false false false false true false No description of principal activity 2022-03-01 Sage Accounts Production Advanced 2021 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 08693046 2022-03-01 2023-02-28 08693046 2023-02-28 08693046 2021-03-01 2022-02-28 08693046 2022-02-28 08693046 bus:Director2 2022-03-01 2023-02-28 08693046 core:WithinOneYear 2023-02-28 08693046 core:WithinOneYear 2022-02-28 08693046 core:AfterOneYear 2023-02-28 08693046 core:AfterOneYear 2022-02-28 08693046 core:RestatedAmount 2022-02-28 08693046 bus:Micro-entities 2022-03-01 2023-02-28 08693046 bus:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 08693046 bus:FullAccounts 2022-03-01 2023-02-28 08693046 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 08693046 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28
COMPANY REGISTRATION NUMBER: 08693046
Racebolt Limited
Filleted Unaudited Financial Statements
28 February 2023
Racebolt Limited
Statement of Financial Position
28 February 2023
2023
2022
£
£
Fixed assets
33,084
17,549
--------
--------
Current assets
366,689
57,018
Prepayments and accrued income
708
---------
--------
367,397
57,018
Creditors: amounts falling due within one year
767,455
198,039
---------
---------
Net current liabilities
400,058
141,021
---------
---------
Total assets less current liabilities
( 366,974)
( 123,472)
Creditors: amounts falling due after more than one year
9,968
13,368
Accruals and deferred income
4,225
2,150
---------
---------
(381,167)
(138,990)
---------
---------
Capital and reserves
( 381,167)
( 138,990)
---------
---------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 5 (2022: 2 ).
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have 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 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 28 November 2023 , and are signed on behalf of the board by:
Mr A Sell
Director
Company registration number: 08693046
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 15, Avon Business Park, Lodge Causeway, Bristol, BS16 3JP, Bristol.
The company has negative reserves however the main creditor £631,000 relates to a company wholly owned by one of the directors. The directors confirm that they will continue to support the company and therefore the financial statements have been prepared on a going concern basis.