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Registered Number: 14351222
England and Wales

 

 

 


Report of the Director and Unaudited Financial Statements

for the period ended 30 September 2023

for

RACING EDGE DIGITAL LTD

 
 
 
£
2023
£
Fixed assets 44,059 
Current assets 520 
Creditors: amount falling due within one year (287)
Net current assets 233 
Total assets less current liabilities 44,292 
Creditors: amount falling due after more than one year (107,538)
Net assets (63,246)
 
Capital and reserves (63,246)
 
  1. For the period ended 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476 of the companies act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Simon Capreis
Director

Date approved: 21 February 2024
1
Statutory Information
RACING EDGE DIGITAL LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 14351222, registration address Parkmead, Pine Walk, Midhurst, West Sussex, GU29 0AS, England.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
2.

Intangible fixed assets

Cost or Valuation Computer software   Total
  £   £
At 12 September 2022  
Additions 48,954    48,954 
Disposals  
At 30 September 2023 48,954    48,954 
Amortisation
At 12 September 2022  
Charge for period 4,895    4,895 
On disposals  
At 30 September 2023 4,895    4,895 
Net book values
At 30 September 2023 44,059    44,059 
At 11 September 2022  

3.

Average number of employees

Average number of employees during the period was 0 .
2