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REGISTERED NUMBER: 10006315 (England and Wales)














Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Racetorx Limited

Racetorx Limited (Registered number: 10006315)

Contents of the Financial Statements
for the Year Ended 29 February 2024










Page

Chartered accountants' report 1

Statement of financial position 2 to 3


Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Racetorx Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Racetorx Limited for the year ended 29 February 2024 which comprise the Income statement, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Racetorx Limited in accordance with the terms of our engagement letter dated 1 March 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Racetorx Limited and state those matters that we have agreed to state to the director of Racetorx Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Racetorx Limited and its director for our work or for this report.

It is your duty to ensure that Racetorx 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 Racetorx Limited. You consider that Racetorx 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 Racetorx 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.






Moore Thompson
7 Swan Court
Forder Way, Cygnet Park
Hampton
Peterborough
Cambridgeshire
PE7 8GX


15 March 2024

Racetorx Limited (Registered number: 10006315)

Statement of Financial Position
29 February 2024

2024 2023
£    £    £    £   
Fixed assets 79,602 65,160

Current assets 132,516 72,295

Creditors
Amounts falling due within one year (53,633 ) (29,892 )
Net current assets 78,883 42,403
Total assets less current liabilities 158,485 107,563

Creditors
Amounts falling due after more than one
year

29,516

37,493
Net assets 128,969 70,070

Capital and reserves 128,969 70,070

Notes to the financial statements

1. Statutory information

Racetorx Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10006315

Registered office: 32 Pratt Avenue
Peterborough
England
PE4 7XN

The presentation currency of the financial statements is the Pound Sterling (£).


2. Average number of employees

The average number of employees during the year was 2 (2023 - 1 ) .



Racetorx Limited (Registered number: 10006315)

Statement of Financial Position - continued
29 February 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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 financial statements 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.

The financial statements were approved by the director and authorised for issue on 14 March 2024 and were signed by:





D A James - Director