1 January 2023 false Taxfiler 2024.1 10542607business:PrivateLimitedCompanyLtd2023-01-012023-12-31 105426072022-12-31 105426072023-01-012023-12-31 10542607business:AuditExemptWithAccountantsReport2023-01-012023-12-31 10542607business:FilletedAccounts2023-01-012023-12-31 105426072023-12-31 10542607business:Director12023-01-012023-12-31 10542607business:RegisteredOffice2023-01-012023-12-31 105426072022-12-31 10542607core:WithinOneYear2023-12-31 10542607core:WithinOneYear2022-12-31 10542607core:AfterOneYear2023-12-31 10542607core:AfterOneYear2022-12-31 10542607core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 10542607core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 10542607core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 10542607core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 10542607core:PreviouslyStatedAmount2023-12-31 10542607core:PreviouslyStatedAmount2022-12-31 10542607business:SmallEntities2023-01-012023-12-31 10542607countries:EnglandWales2023-01-012023-12-31 10542607core:PlantMachinery2023-01-012023-12-31 10542607core:MotorVehicles2023-01-012023-12-31 10542607core:PlantMachinery2022-12-31 10542607core:MotorVehicles2022-12-31 10542607core:PlantMachinery2023-12-31 10542607core:MotorVehicles2023-12-31 10542607business:Director112023-01-012023-12-31 10542607business:Director112022-12-31 10542607business:Director112023-12-31 105426072022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 10542607 (England and Wales)
Road Rage Performance Limited Unaudited accounts for the year ended 31 December 2023
Road Rage Performance Limited Unaudited accounts Contents
Page
- 2 -
Road Rage Performance Limited Company Information for the year ended 31 December 2023
Director
Leon James Taylor
Company Number
10542607 (England and Wales)
Registered Office
95 Fairfield Road Borough Green Sevenoaks TN15 8DN United Kingdom
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
- 3 -
Road Rage Performance Limited Accountants' report
Accountants' report to the director of Road Rage Performance Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Road Rage Performance Limited for the year ended 31 December 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Road Rage Performance Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Road Rage Performance Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Road Rage Performance Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Road Rage Performance Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Road Rage Performance Limited. You consider that Road Rage Performance 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 accounts of Road Rage Performance 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 accounts.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 28 February 2024
- 4 -
Road Rage Performance Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
43,177 
16,358 
Current assets
Debtors
7,256 
7,200 
Cash at bank and in hand
15,168 
10,210 
22,424 
17,410 
Creditors: amounts falling due within one year
(71,403)
(38,225)
Net current liabilities
(48,979)
(20,815)
Total assets less current liabilities
(5,802)
(4,457)
Creditors: amounts falling due after more than one year
(18,133)
(7,119)
Net liabilities
(23,935)
(11,576)
Capital and reserves
Called up share capital
100,000 
100,000 
Profit and loss account
(123,935)
(111,576)
Shareholders' funds
(23,935)
(11,576)
For the year ending 31 December 2023 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 director acknowledges his 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 and authorised for issue on 28 February 2024 and were signed on its behalf by
Leon James Taylor Director Company Registration No. 10542607
- 5 -
Road Rage Performance Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Road Rage Performance Limited is a private company, limited by shares, registered in England and Wales, registration number 10542607. The registered office is 95 Fairfield Road, Borough Green, Sevenoaks, TN15 8DN, United Kingdom.
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.
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
25% on reducing Balance
Motor vehicles
25% on reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
10,200 
20,833 
31,033 
Additions
- 
49,196 
49,196 
Disposals
- 
(20,833)
(20,833)
At 31 December 2023
10,200 
49,196 
59,396 
Depreciation
At 1 January 2023
6,972 
7,703 
14,675 
Charge for the year
807 
8,440 
9,247 
On disposals
- 
(7,703)
(7,703)
At 31 December 2023
7,779 
8,440 
16,219 
Net book value
At 31 December 2023
2,421 
40,756 
43,177 
At 31 December 2022
3,228 
13,130 
16,358 
- 6 -
Road Rage Performance Limited Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
56 
- 
Other debtors
7,200 
7,200 
7,256 
7,200 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
4,068 
Taxes and social security
241 
1,664 
Loans from directors
67,902 
29,709 
Accruals
3,260 
2,784 
71,403 
38,225 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
18,133 
7,119 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Leon James Taylor
Directors Loan Account
(29,709)
(40,253)
(2,060)
(67,902)
(29,709)
(40,253)
(2,060)
(67,902)
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 7 -